Genesis in Langley
Genesis is situated within a 5 minute walk to Langley City’s proposed Skytrain station expected to be located on the corner of 203A and Fraser Hwy. Langley City is booming with opportunity. Building a new vision connecting the downtown area with the surrounding community while complimenting the existing historic charm. Langley is home to numerous golf courses, award-winning wineries, delicious dining, boutique shopping, hundreds of acres of wide open spaces and soon to be a major transit route.
Genesis will be your chance to be among the first to own in Langley’s completely transformed city core. Attractions for the whole family, including a plethora of new eateries, boutique shops, breweries, parks, and the highly anticipated Langley Skytrain. Genesis will be situated within Langley’s new transit-orientated centre, the birthplace to a great mix of residential, commercial and professional services at your doorstep. The proposed Langley Skytrain line is expected to be over 16 km of elevated guideway, connecting commuters to Guildford station in just 22 minutes and Downtown Vancouver in just 59 minutes. Get in on the ground floor of Langley’s famously liveable city in a strategic location.
CASH FLOW
Genesis is an ideal project for property investors with the new skytrain going in nearby, and rental amounts climbing in Langley. Let’s take a look at what your rental situation looks like based on the starting price of $289,900.
Purchase price: $289,900
Interest rate: 2.00%
Monthly mortgage payment: $857
Monthly rental income: $1,400
Monthly strata fee: TBD
Monthly cash flow: $543
While we don’t yet know what the strata fees will be, there is a large difference between the mortgage payment and rental amount, so you can still expect to have positive cash flow at the end of each month. Positive cash flow plus the likely increase in value makes Genesis a fantastic opportunity.
Interested in finding out more about Genesis? Register your interest below and we’ll get back to you as soon as possible.