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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Stove, Microwave |
| Interior Features | Pantry |
| Fireplace | 2 |
| Heating Type | Forced Air |
| # of Kitchens | 2 |
| Flooring | Concrete, Vinyl |
| Foundation | Concrete Perimeter |
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $10,000,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 2 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 2484 |
| Year Built | 1972 |
| Age Of Building | 54 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Septic Tank, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Detached, Concrete |
| Total Parking Spaces | 12 |
| Rental Suites | None |
| Lot Size | 2.72 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 59.05 |
| MLS® # | R3091988 |
| Area | Langley |
| Neighbourhood | Willoughby Heights |
| City | Langley |
| Postal Code | V2Y 1R9 |
| Gross Taxes | $6,949.39 |
| Zoning | SR2 |
| Status | Date | Price |
|---|---|---|
| R3091988 / Active | 02-23-2026 | $10,000,000 |
| 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 |
| 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 7380 198b Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,089,000 | $101,000 | $2,190,000 |
+5.5%
|
| 2025 | $1,953,000 | $122,000 | $2,075,000 |
-2.3%
|
| 2024 | $1,992,000 | $132,000 | $2,124,000 | — |
Based on 3 comparable active Single Family Residences in Willoughby Heights, the average asking price is $1,145,667. This listing is priced 772.9% above the neighbourhood average. This property is flagged as a Hot Deal (13.0% price reduction) based on its competitive pricing and market demand.
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