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Investment signal

$1,599,000

19886 37 AVENUE

Save this home

Beds

8

Baths

4

Sqft

Year

1970

Type

Multi-family

Suite

Investment signal

Location 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.

About this home

Investors & Developers Alert! Updated 2015 duplex at 19886-19888 37 Ave in desirable Brookswood. Each side offers 4 bedrooms, 2 bathrooms, and separate laundry. Situated on a nearly 12,000 sq ft south-facing lot with mature, towering trees. Major upgrades in 2015 include new septic system, maple kitchens, quartz countertops, stainless steel appliances, flooring, windows, bathrooms, pot lights, baseboards, furnace, and interior & exterior paint. Excellent holding property with strong future development potential in Brookswood. Do not enter the property without an appointment. (id:65958)

Subtype
Multi-family
Architectural style
Other
Structure
Duplex
Common interest
Freehold
Living area
3,476 square feet
Lot size
11,979 square feet
Lot dimensions
11979
Parking
10 total
Condo/HOA fee
$0 monthly
On market
Apr 24, 2026
Status changed
Apr 25, 2026
Annual tax
$4,906.44 (2025)
Photos
16
MLS#
R3115285
Area
LANGLEY

Features and systems

Parking

Carport

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,693/mo at these assumptions

Cash on cash

-6.35%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,782

Financing

Down payment$319,800
Loan amount$1,279,200
Mortgage$6,482/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$733
Insurance$80
Maintenance$1,333
CapEx reserve$666
Vacancy loss$400

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $6,482/mo at 4.5% with 20% down, 30-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 25, 2026.

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