2920 197a St, Langley BC - Land for Sale - MLS# R3089458

$5,200,000
Est. Mortgage $23,005/mo
Booth Ncp
0 sqft
11.1% price reduction
$5,200,000
$5,850,000
Est. $23,005/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 2920 197a Street

11.1% price reduction

2920 197A Street presents am exceptional opportunity to acquire 2.01 Acres of strategically located development land within the Booth Neighbourhood Plan of the Brookswood Fernridge Community Plan. The property is designated for future Employment Land uses, positioning it as a strong long-term investment and redevelopment opportunity within one of Langley’s evolving employment corridors. The location is also directly east and within minutes of Surrey's established Campbell Heights Business Park. There may be an opportunity to apply for a Temporary Use Permit (TUP) that may allow for short term uses such as truck or commercial vehicle parking. Similar interim use applications are currently in process on nearby properties. Call today for an information package.

Exterior Features

Structures Land Only

Building Details

Price $5,200,000
Property Type Land
Building Name Booth Ncp
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Septic Tank, Storm Sewer Nearby, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Well Drilled

Lot & Land

Lot Size 2.01
Lot Size Depth Feet
Lot Size Frontage 305
MLS® # R3089458
Area Langley
Neighbourhood Brookswood Langley
City Langley
Postal Code V2Z 1Y1
Gross Taxes $34,077.81
Zoning SR-2

Property Timeline

Status Date Price
R3089458 / Active 02-10-2026 $5,200,000

Listed by: Macdonald Commercial Real Estate Services 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
Glenwood Elementary School
Average
2.33 km
5.5/10
Secondary
Brookswood Secondary School
2.92 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Catherines School
Above Average
1.1 km
9.4/10
Secondary
Relevant High School
5.84 km

Closest Transit

Bus Stop
Westbound 28 Ave @ 197A St
0.24 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
5.84 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
12.2%
No Certificate/Degree
Above Average
19.8%
Owner Occupied
Below Average
42.5%
Employment Rate
Below Average
47.1%

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
Market Performance

Real Estate Stats for December 2025 in Langley

FVREB Report city Level
Detached Benchmark

$1,514K

5.91% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2920 197a Street

BC Assessment Value — 2920 197a Street

2026 assessed value, sourced from City of Langley open data (PID 000-510-025).
Total Assessed Value (2026)
$5,236,000
-20.0% YoY
+9.1%/yr over 2 yr
2024 Value Trend 2026
Land
$5,226,000
Buildings
$10,000
Year Built
N/A
Class
060
Zoning
SR-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $5,226,000 $10,000 $5,236,000
-20.0%
2025 $6,532,000 $10,000 $6,542,000
+48.6%
2024 $4,200,000 $202,000 $4,402,000

Mortgage Calculator for 2920 197a Street

/month
Principal & Interest
Property Taxes $2,840
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $22,700/month in total housing costs on this $5,200,000 property — $19,860 mortgage payment, $2,840 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%
Based on $11,783/month estimated rent and $23,025/month in total housing costs, this property has a -$11,242/month cashflow. Break-even down payment: approximately 66%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brookswood Langley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $5,200,000
Langley Loading...
Brookswood Langley Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar properties average $3,066,633 across 5 active listings — this listing is 69.6% above the Langley average. This property is flagged as a Hot Deal (11.1% price reduction) 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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