Home Langley, BC Willoughby Heights 7340 196 Street

7340 196 St, Langley BC – Land for Sale – MLS® R3152303

7340 196 Street, Langley, British Columbia V2Y 3C3

78 days on the market

$705,900

Est. Mortgage $3,123/mo

Listing updated: Oct 7, 2026 at 06:24pm

EstateBlock checked: Oct 21, 2026 at 09:30am

0 sqft

Foreclosures 5.4% price reduction

Photos

Exterior photo of 7340 196 St, Langley, BC – MLS® R3152303

Exterior Rear Photo of 7340 196 Street, Langley, BC

Living Room Photo of 7340 196 Street, Langley, BC

Family Room Photo of 7340 196 Street, Langley, BC

Dining Area Photo of 7340 196 Street, Langley, BC

Kitchen Photo of 7340 196 Street, Langley, BC

Kitchen Island Photo of 7340 196 Street, Langley, BC

Pantry Photo of 7340 196 Street, Langley, BC

Breakfast Nook Photo of 7340 196 Street, Langley, BC

Primary Bedroom Photo of 7340 196 Street, Langley, BC

Primary Bathroom Photo of 7340 196 Street, Langley, BC

Walk-In Closet Photo of 7340 196 Street, Langley, BC

Bedroom 2 Photo of 7340 196 Street, Langley, BC

Prime opportunity to build your dream home on a quiet culdesac lot, bordering Clayton and Willoughby! This Court Ordered Sale offers serious potential in an incredible location - express busses steps away, 3 km to Willowbrook Mall & future skytrain station, Fantastic school catchments, and everything else Langley has to offer. The lot is just over 3,400 sqft with RC-L zoning allowing for a single family home. Buyers to verify their plans with the township. Do not walk the property without an appointment. Give us a call today!

Exterior Features

Structures	Land Only

Building Details

Price	$705,900
Property Type	Land
Ownership Type	Freehold NonStrata
Community Features	Near Shopping
Utility Type	Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource)	Public

Lot & Land

Lot Size	3428
Lot Size Depth	Feet
Lot Size Frontage	43.97
MLS^® #	R3152303
Area	Langley
Neighbourhood	Willoughby Heights
City	Langley
Postal Code	V2Y 3C3
Gross Taxes	$3,143.04
Zoning	R-CL

Property Timeline

Status	Date	Price
R3152303 / Active	08-04-2026	$705,900
to view full Property History (1 earlier record)

Listed by: eXp Realty of Canada Inc.

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
Willoughby Elementary School: Above Average 2.66 km 7.1/10
Middle
Yorkson Creek Middle School: Average 3.01 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 @ 196 St: 0.26 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029): 2.05 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

64 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $758,137

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.05 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

78 DOM

Listed

Willoughby Heights avg

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Langley avg

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7340 196 Street has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 7.4% below comparable active properties in Willoughby Heights, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With only 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 3C3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 3C3, 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 (~1.2 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

Restaurants (6 nearby)

D-plus pizza · 839 m · Fast Food
Diamonds sweets · 845 m · Restaurant
ï¼èèï¼grand chinese restaurant langley · 864 m · Restaurant

Groceries (2 nearby)

Fruiticana · 847 m · Supermarket
Circle k · 889 m · Convenience

Cafes (2 nearby)

Tim hortons · 895 m · Cafe
Starbucks · 921 m · Cafe

Transit (1 nearby)

Bus stop eastbound 72 ave @ 200 st · 933 m · Transit

Schools NearBy

14 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 1.22 KM
Katzie Elementary School	Public	Grades Served K-7	Catchment Info —	5.8 / 10	Distance 1.22 KM
R E Mountain Secondary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 1.35 KM
Peter Ewart Middle School	Public	Grades Served —	Catchment Info —	5.6 / 10	Distance 1.52 KM
Langley Meadows Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 1.72 KM
Crescent Heights Academy	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 1.83 KM
Clayton Heights Secondary	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 1.91 KM
Josette Dandurand Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.13 KM
Fraser Valley School	Independent	Grades Served —	Catchment Info —	5.9 / 10	Distance 2.30 KM
Clayton Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.47 KM
Hillcrest Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.55 KM
Willoughby Elementary School	Public	Grades Served K-5	Catchment Info In Catchment	7.1 / 10	Distance 2.66 KM
Richard Bulpitt Elementary School	Public	Grades Served K-5	Catchment Info —	6.6 / 10	Distance 2.84 KM
Latimer Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.2 / 10	Distance 2.84 KM

Walkability & Transit Near 7340 196 Street

Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 68

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 7340 196 Street

2026 assessed value, sourced from City of Langley open data (PID 025-865-366).

Total Assessed Value (2026)

$869,000

-42.3% YoY

-24.9%/yr over 2 yr

2024 Value Trend 2026

Land

$869,000

Buildings

Year Built

N/A

Class

001

Zoning

R-CL

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$869,000	$0	$869,000	-42.3%
2025	$845,000	$661,000	$1,506,000	-2.1%
2024	$888,000	$651,000	$1,539,000	—

Mortgage Calculator for 7340 196 Street

/month

Principal & Interest

Property Taxes $262

Maintenance fee 0

A 20% down payment of $141,180 on this $705,900 listing yields an estimated mortgage of $2,696/month (30-year fixed, 4%). Total estimated housing cost: $2,958/month, $262 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

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

With $2,556/month in estimated rental income against $3,075/month in mortgage payments, the monthly cashflow is -$520/month. A 36% down payment would reach break-even.

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

Estateblock Rent Estimate for 7340 196 Street, Langley

Buy Vs Rent Calculator

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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.