1 / 29

Investment signal

$948,888

123 SPRINGFIELD DRIVE

Beds

Baths

Sqft

—

Year

1978

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

Situated on a desirable corner lot in a quiet, family-oriented neighborhood, this well-maintained home is located directly across from a beautiful community park, offering open views and a welcoming setting. The home features 5 bedrooms and 4 bathrooms with a bright, functional layout, new stainless steel appliances, updated kitchen, flooring, and bathrooms, plus a fully finished basement. A 2-bedroom suite offers excellent potential for rental income or extended family living. Enjoy a private yard, ample parking, and convenient access to schools, shopping, transit, and major routes, just minutes from the US border. (id:65958)

Subtype: Single Family
Architectural style: Other, 2 Level
Structure: House
Common interest: Freehold
Living area: 1,724 square feet
Lot size: 3,000 square feet
Lot dimensions: 3000
Parking: 4 total
On market: Feb 13, 2026
Status changed: Apr 14, 2026
Annual tax: $2,943.85 (2025)
Photos: 28
MLS#: R3089497
Area: LANGLEY

Features and systems

Parking

OpenRVVisitor Parking

Basement

Separate entranceUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectricNatural gas

Utilities

Electricity

Negative cash flow ~$1,846/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.67%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,693

Financing

Down payment$189,778

Loan amount$759,110

Mortgage$4,657/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$435

Insurance$80

Maintenance$791

CapEx reserve$395

Vacancy loss$238

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Langley. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,657/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.