$950,000

2263 WILLOUGHBY WAY

Langley BC V2Y 1B9 - Willoughby Heights
5 bd
4 ba
1,886 sqft
Built 1980

About This Property

An outstanding opportunity for investors seeking immediate revenue potential. A solid investment offering reliable cash flow and excellent proximity to major shopping and transit. This 5-bed, 4-bath home is currently rented by the room, generating $4,800 per month. The property is eligible for Small-Scale Multi-Unit Housing (duplex, triplex, or four-plex);…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Private Yard
Open
Shopping Nearby
Room measurements9 rooms▸
Primary BedroomAbove · 11' × 15'6
BedroomAbove · 11'6 × 13'
BedroomAbove · 11' × 11'6
Living RoomMain · 11'6 × 14'
KitchenMain · 9'5 × 15'
Dining RoomMain · 9' × 14'
BedroomMain · 9' × 10'5
BedroomMain · 10' × 10'5
KitchenMain · 6' × 9'

Property Details

MLS NumberR3141786
Property TypeSingle Family Residence
Bedrooms5
Bathrooms4
Square Feet1,886
Lot Size5,552 sqft
Year Built1980
HeatingForced Air, Natural Gas
Days on Market105
StatusActive
Listed ByRoyal LePage - Wolstencroft

School Catchment

Elementary Langley Meadows
Secondary R.E. Mountain

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$750,000Median home value
$95,000Median household income
86.3%Owner-occupied
38%Single-detached homes
2.6Avg household size
39.2Median age
25.3%Bachelor's degree or higher (25-64)
59.9%Commute under 30 min
88.4%Drive to work
26.5%Foreign-born residents
4,043Neighbourhood population

Age

Under 15: 19.7%15 to 64: 65.2%65 and over: 15.1%
  • Under 1519.7%
  • 15 to 6465.2%
  • 65 and over15.1%

Household size

  • 1 person28.4%
  • 228.1%
  • 316.6%
  • 416.9%
  • 5 or more9.9%

Language spoken at home

72.9% English mother tongue

  • Punjabi4.3%
  • Tagalog3.1%
  • English + other2.6%
  • Korean2.1%
  • Mandarin1.7%
  • Spanish1.4%
  • All others11.9%

Mother tongue, share of 4,045 residents.

How this pocket differs

  • notably more seniors 65+ than Willoughby Heights 15.1% vs 10%
  • more people living alone than Willoughby Heights 28.4% vs 19.3%
  • notably more Tagalog speakers than Willoughby Heights 3.1% vs 2%
  • more Punjabi speakers than Willoughby Heights 4.3% vs 3%
  • Median dwelling value is lower than Metro Vancouver $750,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $4,865
Mortgage payment$4,433
Property tax$336
Home insurance$95
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Oct 15

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