7340 196 St, Langley BC - Land for Sale - MLS# R3152303

33 days on the market
$723,900
Est. Mortgage $3,203/mo
Listing updated:
EstateBlock checked:
0 sqft
Foreclosures
33 days on the market
$723,900
$746,000
Est. $3,203/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7340 196 Street

Foreclosures

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 $723,900
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 $723,900
to view full Property History (1 earlier record)

Listed by: eXp Realty of Canada Inc. & 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

65 / 100
Overall sell-speed score
Likely within weeks
B+
Price competition grade
Avg comparable: $787,603
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
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
33 DOM
Listed
Willoughby Heights avg
Langley avg

7340 196 Street has a sell-speed score of 65/100, placing it in the "Expected to sell within weeks" band. The listing is priced 8.8% 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 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.

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 (BC ENV 2024). 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
  • (蜀莊)grand 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

Walk Score Badge
Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
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
$0
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 $144,780 on this $723,900 listing yields an estimated mortgage of $2,765/month (30-year fixed, 4%). Total estimated housing cost: $3,027/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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,620/month in estimated rental income against $3,147/month in mortgage payments, the monthly cashflow is -$527/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

/ 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 — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $723,900
Langley Loading...
Willoughby Heights Loading...

Based on 3 comparable active properties in Willoughby Heights, the average asking price is $793,500. This listing is priced 8.8% below the neighbourhood average. This property is flagged as a Hot Deal (Foreclosures) 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $5,187
0 of 21 missions

Sign up on Estateblock.com

$259 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 7340 196 Street

Walk Score Badge
Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

Similar Land for Sale in Willoughby Heights