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New buildInvestment signal

$2,199,888

20888 48 AVENUE

Beds

8

Baths

9

Sqft

Year

2026

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
Lot size
7,295 square feet
MLS#
R3092997
Area
LANGLEY
Negative cash flow ~$4,185/mo at these assumptions

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.

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.

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