INVESTORS/DEVELOPERS - Rental income: $268K/Annum & Cap rate: 4.68%. Rarely comes a property that offer BOTH - good development potential & solid rental income. Good tenants in place. 6 ACRE OUT OF ALR | CITY WATER & SEWER with about 286' exposure on Fraser Hwy! 2400 sq/ft shop with 4 bay doors, 600 Amp 3 Phase Power and massive yard with power gates. Shop has office and washroom inside it! This parcel features a nice 3 bed/2 bath home on the main. Bonus 2 independent suites (2 bed/2 bath & 1 bed/1 bath) above main house. Long private secluded driveway with separate powergate, with massive private concrete pad. Over 1000 sq/ft of patio/deck space overlooking beautifully landscaped yard, gardens, fruit trees, covered storage & chicken coop. Property has 3 separate electrical services. (id:44056)

Property Details

Full Address:
23009 FRASER HIGHWAY, Langley, British Columbia
Price:
$ 5,000,000
MLS Number:
R3081488
List Date:
January 20th, 2026
Lot Size:
261360 sq.ft.
Year Built:
1980
Taxes:
$ 12,598
Listing Tax Year:
2025

Interior Features

Bedrooms:
6
Bathrooms:
5
Heating:
Forced air, Electric
Basement:
None, Unknown, Unknown

Building Features

Architectural Style:
2 Level
Sewer:
Sanitary sewer
Water:
Municipal water
Garage:
Detached Garage, Garage, RV
Garage Spaces:
30
Ownership Type:
Freehold
Taxes:
$ 12,598

Floors

Finished Area:
3582 sq.ft.

Land

Lot Size:
261360 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Katrina Amurao
eXp Realty of Canada Inc.
Co-Listing: Neeraj Chawla
eXp Realty of Canada Inc.

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