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Investment signal

$1,288,000

2262 WILLOUGHBY WAY

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Beds

Baths

Sqft

—

Year

1980

Type

Single Family

Suite

Suite potential

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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

Welcome to this charming home in the hear of Willoughby! This spacious residence offers a versatile layout with endless possibilities. Boasting 4 bedrooms and 2 bathrooms on the upper level, this home is ideal for a growing family. The home has been thoughtfully upgraded with a modern kitchen (with plenty of storage) that flows beautifully into the spacious family room, ideal for those family gatherings. The lower level presents a large two bedroom suite that is like a home of its own, perfect for extended family or additional rental income. Situated in Willoughby, residents will enjoy convenient access to a range of amenities incl. shopping centers, restaurants, parks and reputable schools. Commuting is a breeze with easy access to major highways and public transportation. A MUST SEE! (id:65958)

Subtype: Single Family
Architectural style: Other, 2 Level
Structure: House
Common interest: Freehold
Living area: 2,750 square feet
Lot size: 4,071.19 square feet
Lot dimensions: 4071.19
On market: Apr 7, 2026
Status changed: Apr 18, 2026
Annual tax: $3,928.49 (2025)
Photos: 40
MLS#: R3108060
Area: LANGLEY

Features and systems

Parking

GarageOther

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorCentral VacuumDishwasherStoveDryerStorage ShedGarage door opener

Heating

Forced air

Utilities

Electricity

Negative cash flow ~$1,374/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.6

Break-even rent

$7,896

Financing

Down payment$257,600

Loan amount$1,030,400

Mortgage$5,221/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$590

Insurance$80

Maintenance$1,073

CapEx reserve$537

Vacancy loss$323

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 $5,221/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 18, 2026.