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Investment signal

$760,000

LOT 1 26744 32 AVENUE

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Beds

Baths

Sqft

Year

Type

Vacant Land

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

Rare chance to secure a premium lot positioned in the heart of Aldergrove - zoned for small-scale multi-family development. Just minutes from schools, parks, shopping, recreation, and major new developments, this location offers walkability and strong long-term value in a rapidly growing community. Build duplexes with legal suites or explore the potential for fourplex configurations. Over 90% of soft costs are already paid, offering major savings and faster timelines. Thoughtfully planned lot layouts maximize privacy, value and future flexibility. An ideal project for investors, builders, or developers looking to capitalize on a market with exceptional upside. Surrounded by established neighbourhoods and infrastructure, this site offers excellent rental appeal and future appreciation (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot size
5,999.8 square feet
Lot dimensions
5999.8
On market
Apr 22, 2026
Status changed
Apr 22, 2026
Annual tax
$0 (2025)
Photos
16
MLS#
R3114747
Area
LANGLEY
Negative cash flow ~$849/mo at these assumptions

Cash on cash

-6.70%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,694

Financing

Down payment$152,000
Loan amount$608,000
Mortgage$3,081/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$348
Insurance$80
Maintenance$633
CapEx reserve$317
Vacancy loss$190

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 $3,081/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 22, 2026.

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