Rare corner property on a generous 7720 Sq Ft ft. lot zoned RU-1. This site offer redevelopment potential -- RU-1 zoning may allow subdivision or stratification for up to 2 dwellings with each having a suite (buyer to confirm with Township). Property currently contains a non-CSA certified mobile home, a detached shop, and a shipping container. Excellent holding property or development opportunity in an established neighbourhood. Buyer and their professionals should verify all zoning, servicing, parcel coverage and subdivision/strata possibilities with the Township. Appraisal done at $900,000
| Structures | Land Only |
|---|
| Price | $750,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 7720 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 118.1102 |
| MLS® # | R3073154 |
| Area | Langley |
| Neighbourhood | Walnut Grove |
| City | Langley |
| Postal Code | V1M 3E3 |
| Gross Taxes | $3,706.11 |
| Zoning | RU-1 |
| Status | Date | Price |
|---|---|---|
| R3073154 / Active | 12-08-2025 | $750,000 |
Listed by: Real Broker B.C. Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
1 9850 202 Street has a sell-speed score of 66/100, placing it in the "Expected to sell within weeks" band. The listing is priced 10.7% below comparable active properties in Walnut Grove, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 17.7% — conditions are balanced. With only 486 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V1M 3E3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~6 km). Annual avg AQHI 1.8 — Low Risk.
Langley - District currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.
Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
5 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Dorothy Peacock Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
6.2 / 10 |
Distance1.60 KM
|
Gordon Greenwood Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.7 / 10 |
Distance1.70 KM
|
West Langley Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.4 / 10 |
Distance2.13 KM
|
Walnut Grove Secondary |
Public |
Grades Served—
|
Catchment Info—
|
7.8 / 10 |
Distance2.40 KM
|
James Kennedy Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.8 / 10 |
Distance2.68 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $955,000 | $10,000 | $965,000 |
-12.8%
|
| 2025 | $1,061,000 | $45,600 | $1,106,600 |
+2.6%
|
| 2024 | $1,033,000 | $45,300 | $1,078,300 | — |
Buy Vs Rent Calculator
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Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar properties average $840,250 across 3 active listings — this listing is 10.7% below the Langley average. This property is flagged as a Hot Deal (16.7% price reduction) based on its competitive pricing and market demand.
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