90.7% price reduction

7256 Smith Cres, Langley, BC

$4,200,000
Est. Mortgage /mo

MLS® R3059701

3 Beds
2 Baths
1882 sqft
2232 $ /sqft
1970 Built
$4,200,000
$45,000,000
Est. /mo with 20% down
$2,232/sqft · Tax $7,724/2025
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

Property Details & Specs

90.7% price reduction

Prime 4.95 acre corner property in a central location with excellent future development potential. Features a solid 3 bedroom rancher farm house with den 2 bath. Big Modern Kitchen and Formal Dining room. Full height crawl storage room access by stairs. Large 26’ x 40’ shop, and three driveways. Flat, usable land with blueberries, apple trees, and Christmas trees. Enjoy views of Mt. Baker and Golden Ears while holding or generating income. Surrounded by growth and directly across from active development—an ideal live-in, rent out and hold-for-future opportunity. A very Valuable Piece of property in the heart of Willoughby/Milner. Close to Hwy 10 and easy access to Freeway.

General Info

Price $4,200,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1882
Lot Size 4.95
Lot Size Depth Feet
Lot Size Frontage 636
Basement Crawl Space
Basement Features -

Property Metrics

Year Built 1970
Age Of Building 56
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3059701
Building Name -
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 2R4
Price per Sqft $2,232
Gross Taxes $7,723.57
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Forced Air

Utilities

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

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 8
Listed by: RE/MAX Treeland Realty & RE/MAX Treeland Realty

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 & Transit Info

Public Schools

Elementary
Willoughby Elementary School
Average
1.8 km
6.6/10
Middle
Yorkson Creek Middle School
2.62 km
Secondary
R E Mountain Secondary School
2.37 km

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

Private Schools

Elementary, Secondary
King's School
1.35 km
Elementary, Secondary
King's School
1.35 km

Closest Transit

Bus Stop
Northbound 208 St @ 70 Ave
1 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
3.62 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Average
27.3%
No Certificate/Degree
Below Average
10%
Owner Occupied
Above Average
81.5%
Employment Rate
Average
66%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $644
Maintenance fee 0
Financing 80% of the $4,200,000 asking price over 30 years at 4% results in approximately $16,685/month in total estimated carrying costs, $644 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $9,949/month in rental income, leaving a -$7,016/month cashflow at current carrying costs. Investors targeting break-even would need roughly 55% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $4,200,000
Langley Loading...
Willoughby Heights Loading...
No active comparables were found in Willoughby Heights. Based on 19 similar Single Family Residences across Langley, the average asking price is $1,429,666 — this listing is 193.8% above the city-wide average. This property is flagged as a Hot Deal (90.7% price reduction) based on its competitive pricing and market demand.
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

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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