8071 197 St, Langley, BC, MLS® R2898008

$9,995,000
Est. Mortgage /mo

$9,995,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
6 Beds
5 Baths
2 Stories
lot 87120 sqft
5012 sqft
1988 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

8071 197 St, Langley, BC | MLS® R2898008 Property Details

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 33’x24’ garage and sizable workshop. Notably neighboring property of similar size is currently undergoing a development application for townhouses.

General Info

Price $9,995,000
Total Bedrooms 6
Total Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 5012
Lot Size 2
Lot Size Depth Feet
Lot Size Frontage -
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1988
Age Of Building 37
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2898008
Area Langley
Neighbourhood Willoughby Heights
City Langley
Gross Taxes $11,163.67
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Electric, Heat Pump

Utilities

Utility Type Electricity Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Additional Parking, Detached
Total Parking Spaces 10

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Strata Restrictions -
Rental Restrictions -
Zoning RS-2
Rental Suites Unauthorized Suite
# of Kitchens 3
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features No Outdoor Area
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
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Listed by: HQ Commercial

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Willoughby Elementary School
Average
2.2 km
6.6/10
Middle
Yorkson Creek Middle School
2.1 km
Secondary
R E Mountain Secondary School
1.23 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Fraser Valley Elementary School
3.02 km
Elementary, Secondary
King's School
4.28 km

Closest Transit

Bus Stop
Southbound 200 St @ 80 Ave
0.67 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
3.41 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to Willoughby Heights, where you'll find a beautiful home at 8071 197 Street, Langley, BC, listed as MLS® R2898008. As we walk through this charming neighborhood, I'm excited to share with you the many features that make it a great place to call home.

Let's start with the schools. Your little ones will thrive at Willoughby Elementary School, rated 6.6/10, which is conveniently located just 2.2 km away from our property at 8071 197 Street. This school is part of the renowned Langley School District, known for its excellent education system. If you're looking for alternative options, Fraser Valley Elementary School (6.3/10) is just 3.02 km away, and King's School (7.3/10) is 4.28 km away, offering a range of choices for your family.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,580.38 incidents per 100,000 population, which is typical for urban areas. The good news is that the rate has decreased by 11.06% over the years, making it a relatively safe community. You can feel at peace knowing that you've made an informed decision about where to live.

As we explore the demographics of this neighborhood, you'll notice that 23.1% of residents hold a university certificate or degree, which is above average for BC. This suggests a highly educated and motivated community. On the other hand, 15.7% of the population has no certificate or degree, which is below average compared to the province. This diversity creates a unique and dynamic community where everyone can thrive.

When it comes to transportation, our property at 8071 197 Street, Langley, BC, is conveniently located near the Southbound 200 St @ 80 Ave bus station, just 0.67 km away. You can easily access public transportation or hop in your car to explore the surrounding areas.

Let's take a look at the lifestyle amenities in this neighborhood. You'll find a range of parks, beaches, and trails to enjoy, including the nearby Willoughby Park, which offers walking trails, playgrounds, and sports facilities. Residents can also explore the nearby Willowbrook Shopping Centre, which features a mix of retail stores, restaurants, and services.

As we discuss the real estate context, you'll notice that the average dwelling value in this neighborhood is $851,510, which is high compared to other areas in British Columbia. The average owner payments are also high, with homeowners spending $2,131 on average for their properties. Tenants, on the other hand, pay $1,277 in average rent, which is above average compared to other cities.

In terms of housing, 21.6% of the population in this neighborhood are renters, which is average compared to other BC cities and areas. The majority of residents (82.3%) own their homes, which is a high percentage.

As we explore the community, you'll notice that the average age of the population is 34.4 years old, which is relatively young compared to other BC cities. This suggests a vibrant and dynamic community with a mix of young families and professionals.

In conclusion, our property at 8071 197 Street, Langley, BC, is a great choice for those looking for a safe, educated, and dynamic community. With its excellent schools, average crime rate, and convenient transportation options, this neighborhood has something for everyone. Whether you're a young family or a professional looking for a place to call home, this community has it all. Contact me, your trusted realtor, today to schedule a viewing and make this property a reality.

MLS® R2898008: Your dream home awaits in Willoughby Heights, Langley, BC.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $9,995,000
Langley $2,475,000
Willoughby Heights No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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