Investment signal

$1,049,000

20685 44 AVENUE

Beds

Baths

Sqft

Year

Location

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About this home

Rare opportunity to build a duplex, legal and conforming multi family in a nice neighbourhood. Either as an investment for rental, build it out yourself for resale or to have your family close for siblings or multi generational living. With high prices on land, the numbers make sense on this one! (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot size
6,916 square feet
Lot dimensions
6916
On market
May 1, 2025
Status changed
Apr 15, 2026
Annual tax
$0 (2025)
Photos
1
MLS#
R2996018
Area
LANGLEY
Negative cash flow ~$2,033/mo at these assumptions

Cash on cash

-11.63%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,390

Financing

Down payment$209,800
Loan amount$839,200
Mortgage$5,148/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$481
Insurance$80
Maintenance$874
CapEx reserve$437
Vacancy loss$263

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 $5,148/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 15, 2026.

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