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$9,895,000

8071 197 STREET

Langley BC V2Y 1Y4 - Willoughby Heights

6 bd

4.5 ba

5,012 sqft

Built 1988

About This Property

Developers, discover the potential of this 2-acre property, ideal for future townhouse development, situated near the thriving Willoughby and Latimer Developments in Langley Township. With approximately 1 acre of developable land, this property is an excellent investment opportunity. It features a spacious home with multiple suites, outbuildings, a large…

Features

No Outdoor Area

Additional Parking

Detached

Room measurements20 rooms▸

Living RoomMain · 13' × 20'

Dining RoomMain · 12' × 15'

KitchenMain · 11' × 19'

Family RoomMain · 14'6 × 16'5

FoyerMain · 11'5 × 11'

DenMain · 10' × 11'6

Primary BedroomAbove · 13'5 × 24'11

BedroomAbove · 10'8 × 14'2

BedroomAbove · 10'11 × 14'5

Games RoomAbove · 12'5 × 30'

Living RoomBsmt · 10' × 14'

KitchenBsmt · 12' × 9'5

BedroomBsmt · 6' × 12'6

BedroomBsmt · 13' × 12'

LaundryBsmt · 6' × 12'

Living RoomBsmt · 10' × 14'

KitchenBsmt · 4'5 × 10'

Eating AreaBsmt · 4' × 6'

BedroomBsmt · 7' × 11'

StorageBsmt · 4' × 9'6

Property Details

MLS NumberR2898008

Property TypeSingle Family Residence

Bedrooms6

Bathrooms4.5

Square Feet5,012

Lot Size87,120 sqft

Year Built1988

HeatingElectric, Heat Pump

Days on Market808

StatusActive

Listed ByHQ Commercial

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 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 size87,269 sqft

Lot dimensions256 × 377 ft

Lot shapeSlightly irregular

Gradegentle

Ground drops about 2.9 m from front to back (3.6% 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.