8115 197 St, Langley BC – House for Sale – MLS® R3176417

8115 197 Street, Langley, British Columbia V2Y 1Y4

Today on the market
$6,350,000
Est. Mortgage $28,092/mo
Listing updated:
EstateBlock checked:
3 Beds
5 Baths
3205 sqft
1981 $ /sqft
1990 built
NEW
Today on the market
$6,350,000
Est. $28,092/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 8115 197 Street

Attention developers & investors: A great future development property in Willoughby's Latimer region is available. Ideally suited for townhouse development. This 2-acre property is located close to all of Langley's main attractions and sits near HWY 1. This clean home showcases an excellent floor plan and evidence of meticulous care over the years. The home has a triple garage and a massive 1,711 sq ft detached workshop at the rear, ideal for hobbies and storage needs. The backyard offers a serene landscape with mature trees and vibrant vegetation. Ample parking accommodates RV and trailer. Neighboring properties are actively pursuing townhouse development applications. Secure this property for future development potential or occupy it yourself while capitalizing on its investment value

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top
Interior Features Central Vacuum
Fireplace 3
Heating Type Hot Water, Natural Gas, Radiant
Cooling Central Air
# of Kitchens 1
Flooring Tile, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $6,350,000
Total Bedrooms 3
Total Bathrooms 5
Full Bathrooms 3
Half Bathrooms 2
Floor Area Total (sqft) 3205
Year Built 1990
Age Of Building 36
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Additional Parking, Detached, RV Access/Parking, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 12
Rental Suites None

Lot & Land

Lot Size 2
Lot Size Depth Feet
Lot Size Frontage 265
MLS® # R3176417
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 1Y4
Gross Taxes $8,774.52
Zoning SR-2

Property Timeline

Status Date Price
R3176417 / Active 10-20-2026 $6,350,000
Rooms
Floor Type Dimensions
Main Level Foyer 9'9 x 9'9 ft
Main Level Living Room 6'15' x 6'15' ft
Main Level Office 16'1 x 16'1 ft
Main Level Family Room 19'3 x 19'3 ft
Main Level Kitchen 14' x 14' ft
Main Level Eating Area 15'2 x 15'2 ft
Main Level Pantry 6' x 6' ft
Main Level Dining Room 12' x 12' ft
Main Level Laundry 12'5 x 12'5 ft
Main Level Storage 9' x 9' ft
Above Level Primary Bedroom 13'7 x 13'7 ft
Above Level Walk-In Closet 8'11 x 8'11 ft
Above Level Bedroom 12'6 x 12'6 ft
Above Level Bedroom 12'5 x 12'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level No #2
Above Level Yes #3
Above Level Yes #3
Above Level No #3

Listed by: Century 21 Coastal Realty Ltd.

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 2.2 km 7.1/10
Middle
Yorkson Creek Middle School
Average 2.08 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
Fraser Valley School
Average 3.33 km 5.9/10
Elementary,Secondary
Crescent Heights Academy
Above Average 3.38 km 9.5/10

Closest Transit

Bus Stop
Southbound 200 St @ 82 Ave
0.66 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
3.47 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
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

54 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.47 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WILLOUGHBY HEIGHTS compares
This property
0 DOM
Listed
Willoughby Heights avg
—
—
Langley avg
—
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8115 197 Street has a sell-speed score of 54/100, 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 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 1Y4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 1Y4, 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 (~2.3 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 (5 nearby)

  • S+l kitchen & bar · 853 m · Restaurant
  • Sidebar grill · 887 m · Restaurant
  • Kai sushi · 927 m · Restaurant

Shopping (4 nearby)

  • Fluid spa + salon · 560 m · Hairdresser
  • Provisions · 852 m · Gift Shop
  • Dolce lounge · 902 m · Beauty Shop

Groceries (3 nearby)

  • Blacksmith bakery · 845 m · Bakery
  • Berezan liquor store · 866 m · Beverages
  • Express news · 915 m · Convenience

Gyms (2 nearby)

  • Willoughby community centre · 886 m · Gym
  • Langley gymnastics · 915 m · Gym

Transit (1 nearby)

  • Bus stop northbound 200 st @ 84 ave · 979 m · Transit

Schools NearBy

14 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Josette Dandurand Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

964 m

Peter Ewart Middle School

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

1.26 KM

R E Mountain Secondary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.38 KM

Port Kells Elementary School

Public

Grades Served

K-7

Catchment Info

—
N/A

Distance

1.85 KM

Yorkson Creek Middle School

Public

Grades Served

6-8

Catchment Info

In Catchment
6.4 / 10

Distance

2.08 KM

Willoughby Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
7.1 / 10

Distance

2.20 KM

R C Garnett Demonstration Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

2.22 KM

Dorothy Peacock Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.38 KM

Katzie Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

2.45 KM

Richard Bulpitt Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.6 / 10

Distance

2.65 KM

Lynn Fripps Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

2.75 KM

Gordon Greenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

2.78 KM

Clayton Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.85 KM

Clayton Heights Secondary

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

3.00 KM

BC Assessment Value — 8115 197 Street

2026 assessed value, sourced from City of Langley open data (PID 002-554-968).
Total Assessed Value (2026)
$2,426,000
+3.7% YoY
+0.2%/yr over 2 yr
2024 Value Trend 2026
Land
$1,849,000
Buildings
$577,000
Year Built
N/A
Class
002
Zoning
SR-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,849,000 $577,000 $2,426,000
+3.7%
2025 $1,728,000 $611,000 $2,339,000
-3.1%
2024 $1,763,000 $652,000 $2,415,000 —

Mortgage Calculator for 8115 197 Street

/month
Principal & Interest
Property Taxes $731
Maintenance fee 0
A 20% down payment of $1,270,000 on this $6,350,000 listing yields an estimated mortgage of $24,253/month (30-year fixed, 4%). Total estimated housing cost: $24,984/month, $731 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 $13,048/month in estimated rental income against $25,361/month in mortgage payments, the monthly cashflow is -$12,313/month. A 61% 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 8115 197 Street, Langley

Buy Vs Rent Calculator

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Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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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.

Price vs Neighbourhood Average — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $6,350,000
Langley Loading...
Willoughby Heights 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.

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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