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$723,900

7340 196 STREET

Langley BC V2Y 3C3 - Willoughby Heights

About This Property

Prime opportunity to build your dream home on a quiet culdesac lot, bordering Clayton and Willoughby! This Court Ordered Sale offers serious potential in an incredible location - express busses steps away, 3 km to Willowbrook Mall & future skytrain station, Fantastic school catchments, and everything else Langley has to offer. The lot is just over 3,400…

Features

Near Shopping

Property Details

MLS NumberR3152303
Lot Size3,428 sqft
Days on Market55
StatusActive
Listed ByeXp Realty of Canada Inc.

School Catchment

Elementary Donna Gabriel Robins
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.

Sales History

DateSale Price
Mar 8, 2023$1,375,000

Source: BC Assessment (public records).

Land & Development

ZoningR-CLBylaw (PDF) ↗
Lot size3,428 sqft
Lot dimensions44 × 84 ft
Lot shapeRectangular
Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 4
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~3,418 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 4 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.

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 $3,783
Mortgage payment$3,431
Property tax$262
Home insurance$90
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 24

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