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Investment signal

$914,000

932 Bray Ave

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Beds

Baths

Sqft

—

Year

1965

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Langford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Located in the heart of Langford on a quiet street, this 4-bedroom rancher with 2 baths plus a 1-bedroom in-law suite sits on a generous 7,800 sq. ft. lot. The main home features a spacious living and dining area, along with a primary bedroom that includes a walk-in closet. The kitchen offers a gas cooktop, and the home is equipped with a gas boiler providing heated floors, a gas hot water tank, and a cozy wood stove. The in-law suite adds excellent flexibility, complete with a stainless 4-burner gas cooktop, refrigerator, wall-mounted TV, and its own 3-piece bathroom with a standing shower—ideal for extended family or rental income. There is a large deck, a sunny rear yard, and additional outdoor space to enjoy. As a future bonus, this property may offer potential for land assembly, creating added long-term redevelopment opportunities. Zoning in the area supports the possibility of a 6-storey building, offering strong future development potential if desired—buyer to verify. Call Now (id:65958)

Subtype: Single Family
Structure: House
Community: Langford Proper
Common interest: Freehold
Living area: 1,559 square feet
Lot size: 7,840 square feet
Lot dimensions: 7840
Parking: 4 total
Fireplace: 1
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $3,924.31
Zoning: Residential
Photos: 29
MLS#: 1033431
Area: LANGFORD

Features and systems

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

Natural gasWood

Cooling

None

Lot

Level lotOtherRectangular

Negative cash flow ~$1,000/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

-6.56%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,628

Financing

Down payment$182,800

Loan amount$731,200

Mortgage$3,705/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$419

Insurance$80

Maintenance$762

CapEx reserve$381

Vacancy loss$229

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 $3,705/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 24, 2026.