$4,290,000

8042 197 STREET

Langley BC V2Y 1Y4 - Willoughby Heights
4 bd
3 ba
2,276 sqft
Built 1986

About This Property

Developers and investors alert! Rare opportunity in the heart of Willoughby, one of Langley's most desirable and fast-growing communities. This property offers excellent holding value with usable land for future development potential, surrounded by nearby townhouse development applications and ongoing area growth. The home has been extensively renovated and…

Features

Vaulted Ceiling(s)
Balcony
Private Yard
Additional Parking
Garage Double
RV Access/Parking
Front Access
Garage Door Opener
Room measurements10 rooms
Living RoomMain · 15'2 × 17'2
Dining RoomMain · 10'6 × 9'8
KitchenMain · 11'8 × 21'6
PantryMain · 6'9 × 5'7
FoyerMain · 13'2 × 7'5
KitchenMain · 12'0 × 8'4
BedroomMain · 9'0 × 13'3
Primary BedroomAbove · 14'11 × 12'9
BedroomAbove · 10'4 × 10'6
BedroomAbove · 10'4 × 10'5

Property Details

MLS NumberR3122077
Property TypeSingle Family Residence
Bedrooms4
Bathrooms3
Square Feet2,276
Lot Size87,120 sqft
Year Built1986
Parking Spaces2
HeatingForced Air, Heat Pump
Days on Market124
StatusActive
Listed ByInterlink Realty

School Catchment

Elementary Josette Dandurand
Secondary R.E. Mountain

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,290,000Median home value
$132,000Median household income
75.3%Owner-occupied
51.2%Single-detached homes
3.4Avg household size
36.4Median age
32.3%Bachelor's degree or higher (25-64)
57.3%Commute under 30 min
92.5%Drive to work
31.6%Foreign-born residents
5,809Neighbourhood population

Age

Under 15: 21.8%15 to 64: 68.4%65 and over: 9.9%
  • Under 1521.8%
  • 15 to 6468.4%
  • 65 and over9.9%

Household size

  • 1 person11.1%
  • 221.3%
  • 320.2%
  • 426.6%
  • 5 or more20.8%

Language spoken at home

61.9% English mother tongue

  • Mandarin5.3%
  • Punjabi4.8%
  • Korean4.6%
  • English + other4.4%
  • Tagalog2.4%
  • Spanish1.9%
  • All others14.7%

Mother tongue, share of 5,805 residents.

How this pocket differs

  • notably more 5+ person households than Willoughby Heights 20.8% vs 11.6%
  • notably fewer people living alone than Willoughby Heights 11.1% vs 19.3%
  • more 4-person households than Willoughby Heights 26.6% vs 20.4%
  • notably fewer Korean speakers than Willoughby Heights 4.6% vs 9.7%
  • notably more Punjabi speakers than Willoughby Heights 4.8% vs 3%
  • Median household income is higher than Metro Vancouver $132,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,290,000 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.

Land & Development

ZoningSR-2Bylaw (PDF) ↗
Lot size87,134 sqft
Lot dimensions331 × 358 ft
Lot shapeIrregular
Gradegentle

Ground drops about 3.3 m from front to back (3% grade).

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $20,989
Mortgage payment$19,922
Property tax$637
Home insurance$430
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 Sep 9

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