!!QUICK CLOSE!! Detached Property on a 9300+ Sq Ft Corner Lot in Langley City!! Assigned

  • $1,160,000
  • 4 beds
  • 3 baths
  • 1783 sqft
Assigned
Located in Langley City’s upscale Simonds neighborhood, this detached property is an entertainer’s delight! It features a bar, detached cabana for a hot tub/jacuzzi, deck, covered patio, backyard and an additional side yard. This property is located on a 9300+ sq ft corner, ravine lot, located next to Muckle Creek and only 150m from Simonds Elementary School. This property is in great shape and could be ready for the market with a quick clean-up. Investors can choose to flip this property for quick profits, or hold the property as a one or two-unit rental. Comparable nearby properties are selling for $1.35M and higher — don’t miss out on this stellar property at $190K off of market price!

We are selling our assignable purchase contract.

Closing is December 20th, 2021
*As per our APS, the Seller will be permitted to live on the premises for no later than 90 calendar days after closing. A rate of $75 per day (excluding utilities, which shall remain in the Seller’s name) will be owed for the stay. $6750.00 will be held back by the Sellers lawyer in trust as compensation for the Seller’s stay. Once the Seller has vacated the property and left it in reasonable condition, the remaining balance, if any, of the holdback shall be released to the Seller within 2 business days.*

PROPERTY FEATURES

Please note: This property is listed on the BC assessment as being a 1-storey with a “Main Floor” and “Basement” but the basement is fully above grade. We believe this property more closely resembles a 2-storey and is best described as having a “Main Floor” and “Second Floor”.

  • Split-level entry
  • 4 bedrooms
    • 3 bedrooms are located on the second floor
    • 1 bedroom is located on the main floor
      • Bedroom features crown molding and a beautiful coffered ceiling
      • What was once a second bedroom on the main floor has been converted in to a bar with a passthrough window facing into the living room (see HERE)
  • 3 bathrooms
    • 4-piece bathroom is located on the second floor
    • 2-piece ensuite located in the master bedroom on the second floor and features stone countertops
    • 2-piece powder room is located on the main floor
  • Built in 1974
  • Interior square footage: 1783 sq ft (as per BC Assessment)
    • Main floor: 684 sq ft (as per BC Assessment)
      • This floor is referred to as the “basement” on the BC assessment
    • Second floor: 1099 sq ft (as per BC Assessment)
      • This floor is referred to as the “first floor” on the BC assessment
  • Separate entrances:
    • Main floor bedroom features a door leading to the exterior of the property
    • Garage can be accessed from the main floor and features an additional door leading to the backyard
    • Second floor dining room has a door leading to the exterior deck
  • Fridge, stove, frontload washer & dryer will all be included
  • Kitchen located on the second floor and has cherry wood cabinets with a stone countertop
  • Laundry room is located on the main floor and features a folding table with kitchenette
  • Second floor living room features a gas fireplace which is surrounded by a stone mantle and crown molding
  • Main floor rec room features a gas fireplace surrounded by a modern mantle, crown molding and plank wood floors
  • Storage closet located under the stairs and includes shelving
  • Flooring: Carpet, tile and parquet
  • 100 AMP breaker panel
  • Gas furnace was replaced in 2010 (as per Seller)
    • Carrier brand Weathermaker 8000TS
  • HWT was replaced in 2019 (as per Seller)
    • Rheem brand
  • On municipal services
  • Windows are single-pane, original to build (as per Seller)
  • 2 sheds:
    • 1 detached storage shed on the driveway, in front of the garage
    • 1 plastic utility shed in the backyard
  • Backyard features:
    • Tiered grass lawn and features fenced sections
    • Property backs on to a ravine and Muckle Creek
    • Detached cabana which currently houses a hot tub
      • Features wood deck flooring and French doors opening into the yard
      • Hot tub is not included
    • Patio under the deck has a natural gas hook up
      • Patio furniture and fire pit are not included
    • Attached storage room
    • Wood pagoda
    • Fenced side yard on the east side of the property that has a grass lawn
  • 2-car, attached garage with electric opener and wood-plank ceilings
    • Storage room with door located in the back of the garage
  • Parking for 3 cars on the driveway (Buyer to verify)
  • Corner lot: 9363 sq ft
  • Zoning: RS-1 (as per THIS interactive zoning map)
    • The R1 zone allows for (a) Single Family Residential. (b) Accessory Uses limited to Home Occupation and Secondary Suite. (c) Private Care Facility (see HERE)

PROPERTY NEEDS

  • Minor cosmetic upgrades
  • Option to convert main floor into a 1 or 2 bedroom rental suite (Buyer to verify)

 

Please click HERE for more pictures and information.

Price:
$1,160,000
Address:
48 Ave & 201 St
Langley, BC
Square Feet:
1783
Lot Size:
9363 sq ft
Bedrooms:
4
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1974

Call 647-370-0820 for more details

Property Location