2240 198 St, Langley BC - Single Family Residence for Sale - MLS# R3115333

136 days on the market
$4,249,000
Est. Mortgage $18,798/mo
Listing updated:
EstateBlock checked:
Brookswood
4 Beds
6 Baths
5668 sqft
750 $ /sqft
1991 built
7.6% price reduction
136 days on the market
$4,249,000
$4,599,000
Est. $18,798/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2240 198 Street

7.6% price reduction

Absolutely gorgeous executive entertainers dream home. Located on totally private 2.38 Acres Designated for 5000sqft lots in the Brkswd/Fernridge Community Plan. Previously completely reno'd with no expense spared. Large custom kitch w/island breakfast bar granite counters S/S appl. & 2nd wall oven. Large open plan w/maple floors on mn, free standing curved staircase leads up to 4 bdrms w/3 ensuites w/deluxe primary w/5pc ensuite walk-in closet f/p & private deck. Entertain on the sprawling 78x25 deck w/multiple accesses from the mn flr. Fully finished bsmt w/gym kitchen & maple walls in billiard room. 40x32 Insulated Shop 40x40 sports court & tons of extra parking. All this on 2.38 private acres, all flat & no creeks. Live in luxury while development is around the corner!

Interior Features

Basement Finished Area (sqft) 1328
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 3
Heating Type Natural Gas, Radiant
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Wood
Structures Residential Detached

Building Details

Price $4,249,000
Total Bedrooms 4
Total Bathrooms 6
Full Bathrooms 4
Half Bathrooms 2
Floor Area Total (sqft) 5668
Year Built 1991
Age Of Building 35
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Brookswood
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Carport Multiple, Garage Triple, RV Access/Parking, Front Access, Side Access, Gravel, Garage Door Opener
Total Parking Spaces 9
Rental Suites None

Lot & Land

Lot Size 2.3606
Lot Size Depth Feet
Lot Size Frontage 164
MLS® # R3115333
Area Langley
Neighbourhood Brookswood Langley
City Langley
Postal Code V2Z 1Y8
Gross Taxes $24,152.85
Zoning SR-2

Property Timeline

Status Date Price
R3115333 / Active 04-23-2026 $4,249,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 17'0 x 17'0 ft
Main Level Kitchen 17'0 x 17'0 ft
Main Level Dining Room 16'8 x 16'8 ft
Main Level Family Room 16'6 x 16'6 ft
Main Level Eating Area 9'0 x 9'0 ft
Main Level Den 15'0 x 15'0 ft
Main Level Office 14'0 x 14'0 ft
Main Level Laundry 8'0 x 8'0 ft
Main Level Foyer 16'0 x 16'0 ft
Above Level Primary Bedroom 19'6 x 19'6 ft
Above Level Bedroom 14'0 x 14'0 ft
Above Level Bedroom 14'0 x 14'0 ft
Above Level Bedroom 11'0 x 11'0 ft
Basement Level Gym 17'10 x 17'10 ft
Basement Level Games Room 27'0 x 27'0 ft
Basement Level Kitchen 19'0 x 19'0 ft
Basement Level Storage 11'0 x 11'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #2
Above Level Yes #5
Above Level Yes #3
Above Level Yes #4

Listed by: RE/MAX Treeland Realty & 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.

Map & Neighbourhood

Public Schools

Elementary
Glenwood Elementary School
Average 1.91 km 4.9/10

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

Private Schools

Elementary
St. Catherines School
Above Average 2.04 km 9.2/10
Secondary
St John Paul II Academy
Above Average 3.26 km 8.2/10

Closest Transit

Bus Stop
Southbound 198 St @ 24 Ave
0.25 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
7.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 12.2%
No Certificate/Degree
Above Average 19.8%
Owner Occupied
Below Average 42.5%
Employment Rate
Below Average 47.1%

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

Sell Speed & Competition

60 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.14 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BROOKSWOOD LANGLEY compares
This property
136 DOM
Listed
Brookswood Langley avg
Langley avg

2240 198 Street has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 may take several weeks to attract serious offers.

Climate Risk for V2Z 1Y8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 1Y8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~10.2 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Groceries (1 nearby)

  • The artful dodger liquor store · 446 m · Beverages

Transit (1 nearby)

  • Bus stop eastbound 24 ave @ 196 st · 580 m · Transit

Schools NearBy

4 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.9 / 10

Distance

1.91 KM

St. Catherines School

Independent

Grades Served

K-7

Catchment Info

9.2 / 10

Distance

2.04 KM

Anchor Point Montessori

Independent

Grades Served

Catchment Info

0

Distance

2.52 KM

Noel Booth Elementary School

Public

Grades Served

K-7

Catchment Info

4.6 / 10

Distance

2.58 KM

Walkability & Transit Near 2240 198 Street

Walk Score Badge
Car-Dependent 15

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 25

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
42

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2240 198 Street

2026 assessed value, sourced from City of Langley open data (PID 009-270-230).
Total Assessed Value (2026)
$5,009,000
-0.8% YoY
-4.0%/yr over 2 yr
2024 Value Trend 2026
Land
$4,165,000
Buildings
$844,000
Year Built
N/A
Class
060
Zoning
SR-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $4,165,000 $844,000 $5,009,000
-0.8%
2025 $4,165,000 $882,000 $5,047,000
-7.2%
2024 $4,522,000 $918,000 $5,440,000

Mortgage Calculator for 2240 198 Street

/month
Principal & Interest
Property Taxes $2,013
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($849,800), the estimated monthly payment for this listing is $18,241/month — $16,228 principal & interest, $2,013 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $10,702/month, this property runs a $7,822/month shortfall after mortgage and carrying costs. Break-even requires approximately 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2240 198 Street, Langley

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Brookswood Langley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $4,249,000
Langley Loading...
Brookswood Langley Loading...

No active comparable properties are currently available for this property type in Langley. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (7.6% 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2240 198 Street

Walk Score Badge
Car-Dependent 15

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 25

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
42

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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