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Investment signal

$1,199,999

951 Bray Ave

Beds

5

Baths

3

Sqft

Year

2013

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

West Coast Home with Suite & Future Development Potential !Stylish West Coast, inspired home offering 2,100 sq. ft. of living space on a 5,000 sq. ft. lot. Bright open concept main floor features vaulted ceilings, a modern kitchen with quartz countertops and raised eating bar, and a dining area opening to a sunny south facing deck and fully fenced backyard. The main level includes three bedrooms and two bathrooms, including a primary with walk-in closet and ensuite. Downstairs offers a self contained two bedroom in-law suite ideal for extended family or rental income. Steps to Carlow Park and minutes to schools and shopping. Situated in a City Centre designation, offering excellent holding value with potential for future high-density redevelopment. A solid home, income opportunity, and smart long-term investment—don’t miss it! (id:65958)

Subtype
Single Family
Architectural style
Westcoast
Structure
House
Community
Langford Proper
Common interest
Condo/Strata
Living area
2,100 square feet
Lot size
5,009 square feet
Lot dimensions
5009
Parking
1 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Feb 17, 2026
Status changed
Apr 16, 2026
Annual tax
$4,643.19
Zoning
Residential
Photos
33
MLS#
1026125
Area
LANGFORD

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Baseboard heatersElectric

Cooling

None

Lot

Rectangular

Community

Family OrientedPets not Allowed
Negative cash flow ~$2,320/mo at these assumptions

Cash on cash

-11.60%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,442

Financing

Down payment$240,000
Loan amount$959,999
Mortgage$5,890/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

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 Langford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $5,890/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 16, 2026.

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