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New buildInvestment signal

$2,199,888

20888 48 AVENUE

Beds

Baths

Sqft

—

Year

2026

Location

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About this home

Stunning New Build in Prime Langley Location! Located across from Newlands Golf Course, this custom-built luxury home offers 8 bedrooms and 9 bathrooms, blending elegance with functionality. The French-Modern kitchen features built-in appliances, warm quartz countertops, and solid oak cabinetry, completed with designer lighting and premium flooring. A prep kitchen with pantry shelving adds extra convenience, while the main floor offers a bedroom and den - perfect for guests or multi-generational living. Enjoy 2 mortgage helper suites for rental income or extended family - steps to top schools, rec centres, parks, and shopping. Meticulously designed with every detail in mind, this home offers a long list of premium features. Call today to book your private showings! (id:65958)

Subtype: Single Family
Architectural style: 2 Level, 3 Level
Structure: House
Common interest: Freehold
Living area: 5,387 square feet
Lot size: 7,295 square feet
Lot dimensions: 7295
Parking: 6 total
On market: Feb 24, 2026
Status changed: Apr 19, 2026
Annual tax: $6,436.81 (2025)
Photos: 34
MLS#: R3092997
Area: LANGLEY

Features and systems

Parking

Garage

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Radiant heat

Utilities

WaterNatural GasElectricity

Negative cash flow ~$4,185/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

-11.41%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,405

Financing

Down payment$439,978

Loan amount$1,759,910

Mortgage$10,797/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,008

Insurance$80

Maintenance$1,833

CapEx reserve$917

Vacancy loss$550

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 $10,797/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 19, 2026.