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New buildInvestment signal

$1,259,513

7629 197 STREET

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Beds

Baths

Sqft

—

Year

2025

Type

Single Family

Suite

Investment signal

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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

Brand new 3-level 1/2 duplex with two bedroom fully finished suite. situated on back lane lot with one parking in single garage garage and one on side of garage. Close to both schools, shopping and transit. Main floor features open concept great room & dining area, designer kitchen with top stainless steel appliances, Den with full bathroom. Top floor features master bedroom with en-suite plus 3 other good size bedrooms and 2-full bathroom's and laundry. Basement has 2-BED SUITE with 2-full-bathrooms.2-5-10 new home warranty .OPEN HOUSE SAT 2-4 PM. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: Duplex
Common interest: Freehold
Living area: 2,776 square feet
Lot size: 2,413 square feet
Lot dimensions: 2413
Parking: 2 total
Fireplace: 1
On market: Apr 20, 2026
Status changed: Apr 25, 2026
Annual tax: $3,667.26 (2025)
Photos: 39
MLS#: R3113315
Area: LANGLEY

Features and systems

Parking

Detached Garage

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryerAlarm System - Roughed InCentral Vacuum - Roughed In

Heating

Forced air

Utilities

WaterNatural GasElectricity

Security

Unknown

Negative cash flow ~$1,352/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.44%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,723

Financing

Down payment$251,903

Loan amount$1,007,610

Mortgage$5,105/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$577

Insurance$80

Maintenance$1,050

CapEx reserve$525

Vacancy loss$315

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 $5,105/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 25, 2026.