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$4,290,000

8042 197 STREET

Langley · MLS® R3122077

4 bed · 3 bath · 2,276 sq ft · 87,120 sq ft lot · 10 parking

House · Single Family · built 1986 · 149 days on market

Listed by Keke Ma, Interlink Realty

Realtor's description

Developers and investors alert! Rare opportunity in the heart of Willoughby, one of Langley's most desirable and fast-growing communities. This property offers excellent holding value with usable land for future development potential, surrounded by nearby townhouse development applications and ongoing area growth. The home has been extensively renovated and features central A/C and heating, spacious bedrooms, modern bathrooms, open-concept kitchen, updated lighting, new showers and faucets, upgraded electrical, EV charging station, brand-new dishwasher, pergola patio with hot tub, garage, and outbuildings. Prime central location with strong future upside.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,276 sq ft
Lot: 87,120 sq ft
Parking: 10
Year built: 1986
Property tax: $7,646 / yr
Days on market: 149
MLS®: R3122077

Features

Washer
Refrigerator
Hot Tub
Dishwasher
Stove
Range

Price check

Price per sq ft: $1,885 vs $570 median for houses in Langley for sale (650)

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.

Property insights

On market 149 days

The market here

Listed now: 49 days; median for 650 houses for sale; this one 149 days

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

Monthly cost

$19,328/mo

Mortgage $18,691 · Tax $637

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

estimated payment

$18,691/ monthly

loan $3,432,000

25-year amortization

down payment20% · $858,00020%+ 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: $2,175,336
property transfer tax: $132,500; BC general rate
cash to close: $990,500; down + PTT
total paid: $5,607,336

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.

Location

LangleyGoogle Maps ↗

Location

LangleyGoogle Maps ↗

Schools

Catchment schools, Langley School District 35

Elementary Josette Dandurand Elementaryhomes in this catchment
Middle Yorkson Creek Middlehomes in this catchment
2.0 km away · 20686 84 Ave, Langley · 604-888-8065
Secondary R.E. Mountain Secondaryhomes in this catchment
1.2 km 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.

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