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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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5505 248 Street, Langley
MLS®: R3053009
2355
Sq.Ft.
2
Baths
3
Beds
120,226
Lot SqFt
1966
Built
Description
This 2.76-acre property offers endless possibilities, featuring a 2,350 sqft. home currently rented for $3,700/month plus utilities, providing immediate income with potential for additional revenue and separate road access. With two road frontages, including a quiet no-thru access from 247A Street, the property is surrounded by mature apple and plum trees, making it an ideal site to build your custom home and/or workshop. Enjoy the peaceful, retreat-like setting with nearby trails, all while being within walking distance to schools and local amenities, truly a rare opportunity in a highly desirable neighbourhood.
Taxes (2025): $7,089.38
Amenities
Garden
Features
Washer
Dryer
Security System