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$889,900

16 7640 197 STREET

Langley · MLS® R3165534

3 bed · 3 bath · 1,512 sq ft · 2 parking

Townhouse · Single Family · built 2023 · 22 days on market

Listed by Vann De Marco, Oakwyn Realty Northwest

Here's your opportunity to own a rare, 2-storey townhome in Willoughby Heights! Built by award winning Zenterra, this extra-wide 25 ft floor plan with 3 beds/3 baths over 1,512 sq ft. backs onto the exterior of the complex for added privacy, with a second direct entrance and extra parking off 197 St. Extensively updated throughout with high-end Gaggenau appliances, built-in dining table with solid surface top, floor-to-ceiling designer drapes, 100% wool stair runner, undermount bar fridge, modern flat panel interior doors w/ matte white Emtek hardware, epoxy floor EV-ready double garage & more (full list available). Book your showing today to see this incredible home for yourself!

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,512 sq ft
Parking: 2
Year built: 2023
Property tax: $3,534 / yr
Strata fee: $239 / mo ($0.16 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 22
MLS®: R3165534

Above typical for the area (+14%)

2026 assessment: $977,000 · asking is -8.9%
Price per sq ft: $589 vs $518 median for townhouses in Langley for sale (245)
Last sold: $1,097,145 · Apr 2, 2024

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Wine Fridge

On market 22 days

Listed now: 35 days; median for 241 townhouses for sale; this one 22 days

Townhouses in Langley. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Langley School District 35

Elementary Josette Dandurand Elementaryhomes in this catchment
Middle Peter Ewart Middlehomes in this catchment
900 m away · 7755 202a St, Langley · 778-726-4815
Secondary R.E. Mountain Secondaryhomes in this catchment
900 m away · 7633 202a St, Langley · 604-888-3033

From the Langley School District 35's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$4,411/mo

Mortgage $3,877 · Tax $294 · Strata $239

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,877/ monthly

loan $711,920

25-year amortization

down payment20% · $177,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $451,243
property transfer tax: $15,798; BC general rate
cash to close: $193,778; down + PTT
total paid: $1,163,163

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,216/mo
After all costs: −$2,547/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,877 · tax $294 · strata $239 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in Langley (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

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