7296 198a St, Langley BC V2Y 1R9 – House for Sale – MLS® R3167529

7296 198a Street, Langley, British Columbia V2Y 1R9

50 days on the market
$1,628,000
Est. monthly cost $7,061/mo
Updated with MLS® -
6 Beds
5 Baths
3596 sqft
453 $ /sqft
2009 built
50 days on the market
$1,628,000
Est. $7,061/mo with 20% down
Updated with MLS® -

Property Details for 7296 198a Street

Welcome to 7296 198A Street in Willoughby! This beautifully Maintained 6 Bedroom, 5 Bathroom home offers an ideal blend of space, comfort and flexibility for today’s family. The 2 Bedroom Legal Suite provides an excellent Mortgage Helper or private space for extended family. Inside, enjoy bright and spacious living areas, a Functional Kitchen, Geothermal Heating & Cooling, and a Layout designed for everyday living and entertaining. Outside, a extended deck adds even more usable space, while the Rare 3 car garage offers exceptional room for vehicles, storage and hobbies. Conveniently located just 7 minutes to Willoughby Town Centre and 8 minutes to Highway 1, with schools, parks, shopping and daily amenities nearby. This home truly offers the full package space. You won't want to miss!

Building Details

Price $1,628,000
Total Bedrooms 6
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 3596
Year Built 2009
Age Of Building 17
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Double, Front Access, Driveway
Total Parking Spaces 5
Rental Suites Legal Suite

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 3
Heating Type Forced Air, Geothermal, Natural Gas
# of Kitchens 2
Flooring Hardwood, Mixed, Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Lot & Land

Lot Size 3955
Lot Size Depth Feet
Lot Size Frontage 46
MLS® # R3167529
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 1R9
Gross Taxes $6,011.53
Zoning R-CL

Property Timeline

Status Date Price
R3167529 / Active 09-21-2026 $1,628,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'09 x 14'09 ft
Main Level Dining Room 8'06 x 8'06 ft
Main Level Kitchen 15'11 x 15'11 ft
Main Level Foyer 5'01 x 5'01 ft
Above Level Foyer 9'11 x 9'11 ft
Above Level Primary Bedroom 17'01 x 17'01 ft
Above Level Dressing Room 11'07 x 11'07 ft
Above Level Bedroom 15'03 x 15'03 ft
Above Level Bedroom 12'03 x 12'03 ft
Above Level Bedroom 10'01 x 10'01 ft
Above Level Laundry 5'05 x 5'05 ft
Basement Level Bedroom 9'05 x 9'05 ft
Basement Level Bedroom 12'00 x 12'00 ft
Basement Level Living Room 14'04 x 14'04 ft
Basement Level Kitchen 14'04 x 14'04 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4

Listed by: Sutton Premier 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, sell speed & climate

SkyTrain 2.30 km · crime average · sell-speed score 52/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (4 nearby)

  • (蜀莊)grand chinese restaurant langley · 370 m · Restaurant
  • Subway · 480 m · Fast Food
  • Sushi mura · 735 m · Restaurant

Cafes (2 nearby)

  • Tim hortons · 401 m · Cafe
  • Starbucks · 451 m · Cafe

Groceries (1 nearby)

  • Circle k · 402 m · Convenience

Shopping (1 nearby)

  • Maria jaggard salon · 940 m · Beauty Shop

Transit (1 nearby)

  • Bus stop northbound 202b st @ 70a ave · 989 m · Transit

Public Schools

Elementary
Willoughby Elementary School
Above Average 2.32 km 7.1/10
Middle
Yorkson Creek Middle School
Average 2.78 km 6.4/10

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

Private Schools

Elementary,Secondary
Crescent Heights Academy
Above Average 1.83 km 9.5/10
Elementary,Secondary
Crescent Heights Academy
Above Average 1.83 km 9.5/10

Closest Transit

Bus Stop
Westbound 72 Ave @ 198B St
0.17 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
2.30 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 23.1%
No Certificate/Degree
Above Average 15.7%
Owner Occupied
Above Average 82.3%
Employment Rate
Above Average 72.5%

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

Sell Speed & Competition

52 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,577,000
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.30 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WILLOUGHBY HEIGHTS compares
This property
50 DOM
Listed

7296 198a Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.2% above comparable active properties in Willoughby Heights. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With 425 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 V2Y 1R9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 1R9, 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. Nearest station: Surrey East, Surrey (~1.7 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.

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

R C Garnett Demonstration Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

732 m

R E Mountain Secondary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.03 KM

Peter Ewart Middle School

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

1.25 KM

Langley Meadows Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.53 KM

Katzie Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

1.62 KM

Crescent Heights Academy

Independent

Grades Served

—

Catchment Info

—
9.1 / 10

Distance

1.83 KM

Fraser Valley School

Independent

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

1.85 KM

Josette Dandurand Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.04 KM

Willoughby Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
7.1 / 10

Distance

2.32 KM

Clayton Heights Secondary

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

2.32 KM

Richard Bulpitt Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.6 / 10

Distance

2.42 KM

Yorkson Creek Middle School

Public

Grades Served

6-8

Catchment Info

In Catchment
6.4 / 10

Distance

2.78 KM

Hillcrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.88 KM

Latimer Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.2 / 10

Distance

2.91 KM

Clayton Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.97 KM

Walkability & Transit Near 7296 198a Street

Walk Score Badge
Somewhat Walkable 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 36

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 67

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 7296 198a Street

2026 assessed value, sourced from City of Langley open data (PID 027-508-412).
Total Assessed Value (2026)
$1,622,000
-2.6% YoY
-2.3%/yr over 2 yr
2024 Value Trend 2026
Land
$920,000
Buildings
$702,000
Year Built
N/A
Class
032
Zoning
R-CL
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $920,000 $702,000 $1,622,000
-2.6%
2025 $895,000 $771,000 $1,666,000
-1.9%
2024 $940,000 $759,000 $1,699,000 —

Costs & calculators

Monthly cost about $7,061/month · rent estimate $5,559/month · owning nets $264/month less than renting · cash flow if rented −$1,949/month

Mortgage Calculator for 7296 198a Street

30-year fixed
$7,061 /month
Principal & Interest $6,560
Property Taxes $501
Maintenance fee $0

The estimated monthly cost of 7296 198a Street, Langley is $7,061: $6,560 principal and interest with 20% down over 30 years at 4.45%, plus $501 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.

Investment Cashflow Calculator

−$1,949 /month
Mortgage Payment $6,560
Monthly Cash Flow −$1,949
Break Even Down Payment 44%
Cap Rate -1.4%
Cash on Cash -7.2%

If 7296 198a Street, Langley were rented at $5,559 a month with 5% vacancy, it would fall $1,949 a month short of the mortgage and carrying costs; about 44% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7296 198a Street, Langley

$5,559 / month
Rent $5,559
Own $7,061
Principal: $2,110/mo Interest, tax, insurance, fees: $4,951/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,766/mo (year 1) → ~$4,108/mo (year 20) → ~$6,127/mo (year 29).

Net cost to own at year 5 ~$4,951/mo About $608/mo less than renting

EstateBlock estimates 7296 198a Street, Langley would rent for about $5,559 a month.

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.

Rent vs own: 7296 198a Street

Rent vs own

Owning nets $264/mo less than renting

With 20% down ($325,600) at 4.45%: $5,295/mo net cost to own in year 1 vs $5,559/mo rent

Principal paid off by year 5 $116,061
Principal paid off by year 10 $260,985

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 7296 198a Street, Langley nets about $264 a month less than renting it in year 1, with $116,061 of principal paid off by year 5 and $260,985 by year 10.

Price vs Neighbourhood Average — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $1,628,000
Langley Loading...
Willoughby Heights Loading...

Based on 7 comparable active Single Family Residences in Willoughby Heights, the average asking price is $1,577,000. This listing is priced 3.2% above the neighbourhood average.

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 Greater Vancouver REALTORS® 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 7296 198a Street

Walk Score Badge
Somewhat Walkable 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 36

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 67

Bike Score - Bikeable

Some bike infrastructure

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