$5,000,000

7488 198B STREET

Langley BC V2Y 1S1 - Willoughby Heights
5 bd
2.5 ba
2,645 sqft
Built 1970

About This Property

Exceptional development opportunity in the heart of Langley's thriving Latimer community. This prime property forms part of an approved townhouse redevelopment site, offering outstanding investment potential in one of Metro Vancouver's fastest-growing neighborhoods. Ideally located close to Highway 1, schools, parks, shopping, restaurants, and the future…

Features

Balcony
Additional Parking
Front Access
Room measurements10 rooms
Living RoomMain · 15' × 16'
Dining RoomMain · 11' × 12'
KitchenMain · 12' × 13'
Primary BedroomMain · 15' × 13'
BedroomMain · 13' × 12'
BedroomMain · 11' × 12'
BedroomMain · 13' × 12'
Recreation RoomBelow · 15' × 15'
LaundryBelow · 10' × 10'
BedroomBelow · 12' × 15'

Property Details

MLS NumberR3145068
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2.5
Square Feet2,645
Lot Size42,048 sqft
Year Built1970
Parking Spaces1
HeatingForced Air
Days on Market2
StatusActive
Listed ByInvesta Prime Realty

School Catchment

Elementary Donna Gabriel Robins
Secondary R.E. Mountain

Neighbourhood

$1,290,000 Median home value
$132,000 Median household income
75.3% Owner-occupied
51.2% Single-detached homes
3.4 Avg household size
36.4 Median 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
5,809 Neighbourhood population

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Location

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

Land & Development

ZoningSR-2Bylaw (PDF) ↗
Lot size42,156 sqft
Lot dimensions143 × 293 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~42,021 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.

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