7380 198b St, Langley, BC

$11,500,000
Est. Mortgage /mo

MLS# R3091988

5 Beds
3 Baths
2484 sqft
4630 $ /sqft
1972 built
$11,500,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Developer Alert! Prime Development Opportunity - Latimer Neighbourhood Plan. A 2.72 acre site in the heart of Willoughby identified for future residential use. Currently zoned SR2, the property is designated for Single Family (8 UPA) and Rowhouse/Townhouse forms (up to 22 UPA), subject to Township approvals. Net developable area is subject to road dedication and servicing requirements. Not in the ALR. Strategically located in a rapidly growing area, this site presents excellent potential for builders and developers to pursue rezoning and subdivision. Buyer to verify all measurements, density, and development potential with the Township. A rare chance to secure a high-upside development site in a sought-after growth corridor.

General Info

Price $11,500,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2484
Lot Size 2.72
Lot Size Depth Metres
Lot Size Frontage 59.05
Basement 0
Basement Features None

Property Metrics

Year Built 1972
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Stove, Microwave
Structures Residential Detached

Additional Details

MLS® # R3091988
Building Name -
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 1R9
Price per Sqft -
Gross Taxes $6,949.39
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Detached, Concrete
Total Parking Spaces 12
Strata Restrictions -
Rental Restrictions -
Zoning SR2
Rental Suites None
# of Kitchens 2
Flooring Concrete, Vinyl
Foundation Concrete Perimeter
Interior Features Pantry
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Septic Tank, Sanitary Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3091988 / Active 02-23-2026 $11,500,000
Rooms
Floor Type Dimensions
Above Level Primary Bedroom 11' x 11' ft
Above Level Bedroom 13' x 13' ft
Above Level Bedroom 11' x 11' ft
Above Level Kitchen 14' x 14' ft
Above Level Dining Room 11' x 11' ft
Above Level Living Room 15' x 15' ft
Main Level Bedroom 13' x 13' ft
Main Level Foyer 10' x 10' ft
Main Level Living Room 13' x 13' ft
Main Level Bedroom 11' x 11' ft
Main Level Foyer 9'5 x 9'5 ft
Main Level Kitchen 12' x 12' ft
Main Level Laundry 9' x 9' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Listed by: Royal LePage - Wolstencroft

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.

Neighborhood & Transit Info

Public Schools

Elementary
Willoughby Elementary School
Average
2.08 km
6.6/10
Middle
Yorkson Creek Middle School
2.52 km
Secondary
R E Mountain Secondary School
0.98 km

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

Private Schools

Elementary
Fraser Valley Elementary School
Average
1.61 km
6.3/10
Secondary
Whytecliff Agile Learning Centre (Langley)
3.68 km

Closest Transit

Bus Stop
Northbound 200 St @ 72 Ave
0.37 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
2.54 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $579
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $44,501/month in total housing costs on this $11,500,000 property — $43,922 mortgage payment, $579 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $24,890/month estimated rent and $45,075/month in total housing costs, this property has a -$20,185/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $11,500,000
Langley Loading...
Willoughby Heights Loading...
Among 2 similar active listings in Willoughby Heights, the average price is $4,792,667. At $11,500,000, this listing is priced 139.9% above the local average and 485% above the city-wide benchmark.
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 7380 198b Street, Langley, BC?
The closest top-rated schools are Willoughby Elementary School and Yorkson Creek Middle School.
Is 7380 198b Street, Langley, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 7380 198b Street, Langley, BC?
With a standard down payment, the estimated monthly mortgage is approximately $69,000.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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