$10,000,000

7380 198B STREET

Langley BC V2Y 1R9 - Willoughby Heights
5 bd
2.5 ba
2,484 sqft
Built 1972

About This Property

Developer Alert! Prime Development Opportunity - Latimer Neighbourhood Plan. A 2.72 acre site in the heart of Willoughby identified for future residential use. Currently zoned SR2, the property is designated for Single Family (8 UPA) and Rowhouse/Townhouse forms (up to 22 UPA), subject to Township approvals. Net developable area is subject to road…

Features

Pantry
Balcony
Detached
Concrete
Room measurements13 rooms▸
Primary BedroomAbove · 10' × 11'
BedroomAbove · 11' × 13'
BedroomAbove · 10' × 11'
KitchenAbove · 10' × 14'
Dining RoomAbove · 9' × 11'
Living RoomAbove · 15' × 15'
BedroomMain · 13' × 13'
FoyerMain · 10' × 10'
Living RoomMain · 13' × 13'
BedroomMain · 13' × 11'
FoyerMain · 10' × 9'5
KitchenMain · 10' × 12'
LaundryMain · 10' × 9'

Property Details

MLS NumberR3091988
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2.5
Square Feet2,484
Lot Size118,483.2 sqft
Year Built1972
Parking Spaces3
HeatingForced Air
Days on Market218
StatusActive
Listed ByRoyal LePage - Wolstencroft

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.

Land & Development

ZoningSR-2Bylaw (PDF) ↗
Lot size118,028 sqft
Lot dimensions201 × 587 ft
Lot shapeRectangular
Gradeflat

Essentially flat lot (about 2.0 m of relief corner to corner).

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 $48,293
Mortgage payment$47,214
Property tax$579
Home insurance$500
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 25

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