7477 197 St, Langley BC V2Y 3R6 – House for Sale – MLS® R3167102

7477 197 Street, Langley, British Columbia V2Y 3R6

50 days on the market
$1,549,000
Est. monthly cost $6,716/mo
Updated with MLS® -
5 Beds
4 Baths
2721 sqft
569 $ /sqft
2022 built
50 days on the market
$1,549,000
Est. $6,716/mo with 20% down
Updated with MLS® -

Property Details for 7477 197 Street

Meticulously maintained, beautiful 2 Storey Home with Finished Basement. Main Floor features an Open layout with Fireplace, Kitchen with large centre island, Dining area and a Den - ideal for a Home office or a Living Room. Garage comes with an upgrade of EV charger. Centrally Air conditioned (except basement suite). Upstairs features bright and spacious bedrooms along with a loft. Basement comes with a Mortgage helper of a 2 bedroom suite with a huge, rarely found kitchen island and a Recroom for upstairs use. Great layout, close to all amenities and all levels of schools. Minutes to Willoughby Town Centre. Come check out this excellent property for your growing family!!

Building Details

Price $1,549,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2721
Year Built 2022
Age Of Building 4
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Rear Access
Total Parking Spaces 3

Interior Features

Basement Finished Area (sqft) 924
Basement Features Finished
Fireplace 1
Heating Type Mixed
# of Kitchens 2
Foundation Slab

Exterior Features

Roof Asphalt
Structures Residential Detached

Lot & Land

Lot Size 2975
Lot Size Depth Feet
Lot Size Frontage 32
MLS® # R3167102
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 3R6
Gross Taxes $5,693.28
Zoning SR-2

Property Timeline

Status Date Price
R3167102 / Active 09-21-2026 $1,549,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Above Level Bedroom 14'4 x 14'4 ft
Above Level Bedroom 9'9 x 9'9 ft
Above Level Bedroom 9'9 x 9'9 ft
Above Level Laundry 9'5 x 9'5 ft
Above Level Walk-In Closet 8'0 x 8'0 ft
Above Level Loft 6'7 x 6'7 ft
Main Level Den 10'2 x 10'2 ft
Main Level Great Room 14'0 x 14'0 ft
Main Level Dining Room 11'7 x 11'7 ft
Main Level Kitchen 12'6 x 12'6 ft
Basement Level Living Room 12'4 x 12'4 ft
Basement Level Kitchen 10'10 x 10'10 ft
Basement Level Bedroom 8'4 x 8'4 ft
Basement Level Bedroom 9'6 x 9'6 ft
Basement Level Recreation Room 10'2 x 10'2 ft
Bathrooms
Floor Ensuite Pieces
Above Level Yes #4
Above Level No #3
Main Level No #2
Basement No #3

Listed by: Investa Prime 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 2.41 km · crime average · sell-speed score 51/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (4 nearby)

  • Sushi mura · 622 m · Restaurant
  • Pizza corner · 639 m · Restaurant
  • (蜀莊)grand chinese restaurant langley · 776 m · Restaurant

Cafes (2 nearby)

  • Tim hortons · 835 m · Cafe
  • Starbucks · 922 m · Cafe

Groceries (1 nearby)

  • Circle k · 858 m · Convenience

Transit (1 nearby)

  • Bus stop eastbound 72 ave @ 200 st · 886 m · Transit

Public Schools

Elementary
Willoughby Elementary School
Above Average 2.34 km 7.1/10
Middle
Yorkson Creek Middle School
Average 2.66 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 2.14 km 9.5/10
Elementary,Secondary
Crescent Heights Academy
Above Average 2.14 km 9.5/10

Closest Transit

Bus Stop
Westbound 72 Ave @ 198B St
0.58 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
2.41 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

51 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,470,211
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.41 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

7477 197 Street has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5.4% 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 3R6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 3R6, 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 (~1.5 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 E Mountain Secondary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.04 KM

R C Garnett Demonstration Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

1.18 KM

Peter Ewart Middle School

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

1.18 KM

Katzie Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

1.55 KM

Josette Dandurand Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.77 KM

Langley Meadows Elementary

Public

Grades Served

—

Catchment Info

—
6.2 / 10

Distance

1.95 KM

Crescent Heights Academy

Independent

Grades Served

—

Catchment Info

—
9.1 / 10

Distance

2.14 KM

Clayton Heights Secondary

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

2.23 KM

Fraser Valley School

Independent

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

2.31 KM

Willoughby Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
7.1 / 10

Distance

2.34 KM

Richard Bulpitt Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.6 / 10

Distance

2.56 KM

Clayton Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.66 KM

Yorkson Creek Middle School

Public

Grades Served

6-8

Catchment Info

In Catchment
6.4 / 10

Distance

2.66 KM

Hillcrest Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

2.90 KM

Port Kells Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

2.94 KM

Walkability & Transit Near 7477 197 Street

Walk Score Badge
Almost All Errands Require a Car 21

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Transit Score Badge
Some Transit 35

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 — 7477 197 Street

2026 assessed value, sourced from City of Langley open data (PID 031-184-821).
Total Assessed Value (2026)
$1,534,000
-2.4% YoY
-1.4%/yr over 2 yr
2024 Value Trend 2026
Land
$832,000
Buildings
$702,000
Year Built
N/A
Class
032
Zoning
R-CL (B)
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $832,000 $702,000 $1,534,000
-2.4%
2025 $902,000 $669,000 $1,571,000
-0.4%
2024 $961,000 $617,000 $1,578,000 —

Costs & calculators

Monthly cost about $6,716/month · rent estimate $4,148/month · owning catches up with renting by year 19 · cash flow if rented −$2,936/month

Mortgage Calculator for 7477 197 Street

30-year fixed
$6,716 /month
Principal & Interest $6,242
Property Taxes $474
Maintenance fee $0

The estimated monthly cost of 7477 197 Street, Langley is $6,716: $6,242 principal and interest with 20% down over 30 years at 4.45%, plus $474 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

−$2,936 /month
Mortgage Payment $6,242
Monthly Cash Flow −$2,936
Break Even Down Payment 58%
Cap Rate -2.3%
Cash on Cash -11.4%

If 7477 197 Street, Langley were rented at $4,148 a month with 5% vacancy, it would fall $2,936 a month short of the mortgage and carrying costs; about 58% 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 7477 197 Street, Langley

$4,148 / month
Rent $4,148
Own $6,716
Principal: $2,008/mo Interest, tax, insurance, fees: $4,708/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,681/mo (year 1) → ~$3,909/mo (year 20) → ~$5,829/mo (year 29).

Net cost to own at year 5 ~$4,708/mo About $560/mo more than renting

EstateBlock estimates 7477 197 Street, Langley would rent for about $4,148 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: 7477 197 Street

Rent vs own

Owning catches up by year 19

With 20% down ($309,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $110,429
Principal paid off by year 10 $248,320

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.

Renting 7477 197 Street, Langley is cheaper at first, but owning catches up by year 19, with $110,429 of principal paid off by year 5 and $248,320 by year 10.

Price vs Neighbourhood Average — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $1,549,000
Langley Loading...
Willoughby Heights Loading...

Based on 9 comparable active Single Family Residences in Willoughby Heights, the average asking price is $1,470,211. This listing is priced 5.4% 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 7477 197 Street

Walk Score Badge
Almost All Errands Require a Car 21

Walk Score - Almost All Errands Require a Car

Almost all errands require a car
Transit Score Badge
Some Transit 35

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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