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Investment signal

$999,999

3237 272B STREET

Beds

5

Baths

3

Sqft

Year

1970

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

Smart Investment with Built-In Income Potential Welcome to this solid and well-maintained 5 bedroom, 3 bathroom basement home, perfectly situated in a quiet yet central location. Featuring a double car garage and a stunning vaulted ceiling in the living room, this home offers both space and style. Enjoy sun-filled days on the large front and back decks, ideal for relaxing or entertaining. Key updates include a 4-year-old roof and a high-efficiency furnace (12 years), offering added peace of mind. The bright and spacious 2-bedroom ground-level suite with private patio provides excellent rental income or the perfect setup for extended family. A fantastic opportunity for multi-generational living or buyers looking for a strong mortgage helper in a desirable location. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,040 square feet
Lot size
5,005 square feet
Lot dimensions
5005
Parking
6 total
On market
Apr 13, 2026
Status changed
Apr 19, 2026
Annual tax
$3,272.07 (2025)
Photos
9
MLS#
R3110403
Area
LANGLEY

Features and systems

Parking

Garage

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

View

City view

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,946/mo at these assumptions

Cash on cash

-11.68%

Cap rate

3.55%

GRM

16.7

Break-even rent

$7,049

Financing

Down payment$200,000
Loan amount$799,999
Mortgage$4,908/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$417
Vacancy loss$250

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 $4,908/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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