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Investment signal

$749,000

128 SPRINGFIELD DRIVE

Beds

4

Baths

2

Sqft

Year

1977

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

This stunning, fully renovated 4BED, 2BATH+DEN home boasts ~1473 sqft, perfect for first-time buyers & investors. Main floor features open-concept living connects the living, dining, & kitchen areas, featuring NEW S/S APPLIANCES, NEWER FLOORS, PAINT, DOORS & WINDOWS! Spacious living boasts beautiful GAS FIREPLACE, HIGH CEILINGS & PLENTY OF NATURAL LIGHTS. Main also boasts 1 BIG bdrm+adjacent DEN & 1FULL Bath. Above has MASTER BDRM+2 Bedrooms & 1FULL bath the overlooks the main floor. GREAT INVESTMENT PROPERTY! Enjoy the privacy of a fully fenced backyard w/ mature trees, ideal for summer gatherings. Centrally located: 5 mins walk to FreshCo & Starbucks. 4 Mins drive to BGMS & Philip Jackman Park. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Condo/Strata
Living area
1,473 square feet
Lot size
3,067 square feet
Lot dimensions
3067
Parking
1 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Apr 17, 2026
Status changed
Apr 17, 2026
Annual tax
$2,736.21 (2025)
Photos
31
MLS#
R3112796
Area
LANGLEY

Features and systems

Parking

Open

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,473/mo at these assumptions

Cash on cash

-11.80%

Cap rate

3.53%

GRM

16.6

Break-even rent

$5,301

Financing

Down payment$149,800
Loan amount$599,200
Mortgage$3,676/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$343
Insurance$80
Maintenance$624
CapEx reserve$312
Vacancy loss$188

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 $3,676/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 17, 2026.

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