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Investment signal

$1,199,999

3742 204 STREET

Save this home

Beds

3

Baths

1

Sqft

Year

1951

Type

Single Family

Suite

Investment signal

Location 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.

About this home

INVESTMENT PROPERTY! Charming rancher on a generous 10,000+ sqft lot in sought after Brookswood. Ideal for first time buyers, investors or downsizers, this 3 bedroom home offers easy one level living with a spacious primary suite, walk-in closet and functional layout. Recently painted inside and out, it features a gas fireplace, keyless entry and numerous updates including roof, windows, electrical panel and hot water tank for added value. Outdoors, enjoy a private fenced yard with hot tub, fire pit, versatile gym/studio and LARGE WORKSHOP INCLUDED! A bonus boutique studio offers endless possibilities for home office, business space, art studio, she shed or man cave. Close to schools, shopping, parks and transit. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Common interest
Freehold
Living area
1,256 square feet
Lot size
10,013 square feet
Lot dimensions
10013
Parking
6 total
Fireplace
1
On market
Feb 23, 2026
Status changed
Apr 20, 2026
Annual tax
$4,171.96 (2025)
Photos
39
MLS#
R3092011
Area
LANGLEY

Features and systems

Parking

Detached GarageOpen

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

ElectricNatural gas

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,294/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$240,000
Loan amount$959,999
Mortgage$4,864/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: 4.5% rate, 30-year amortization, 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 $4,864/mo at 4.5% with 20% down, 30-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 20, 2026.

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