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Investment signal

$988,000

24 8568 209 STREET

Beds

Baths

Sqft

—

Year

2002

Location

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About this home

Vacant! Easy to Show! Quick Possession Available! This over 2,000 sq ft duplex-style townhouse features air conditioning throughout, two above-ground levels plus a bright, windowed basement. Functional layout with 4 large bedrooms + rec room (easily converted to a 5th bedroom) and bathrooms on every level. Spa-inspired primary ensuite with wet/dry separation. Quality wood flooring throughout with no carpet-elegant, durable, and easy to maintain. All bedrooms are generously sized and can accommodate king-size beds. Side-by-side double garage plus driveway parking. ROOF REPLACED in 2023 for added peace of mind. Located in the catchment of Alex Hope Elementary and Walnut Grove Secondary, both approximately a 5-minute walk away. Walk to parks, schools, and everyday amenities! Open House: Open House Apr 18th 2-4 PM. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Row / Townhouse
Common interest: Condo/Strata
Living area: 2,137 square feet
Parking: 3 total
Condo/HOA fee: $449.75 monthly
Fireplace: 1
On market: Mar 3, 2026
Status changed: Apr 19, 2026
Annual tax: $3,396 (2024)
Photos: 32
MLS#: R3095171
Area: LANGLEY

Features and systems

Parking

Garage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,914/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.63%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,965

Financing

Down payment$197,600

Loan amount$790,400

Mortgage$4,849/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$453

Insurance$80

Maintenance$823

CapEx reserve$412

Vacancy loss$248

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 $4,849/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.