Property Type: Land / LotOwnership: Freehold

1 9850 202 STREET

Langley, BC V1M3E3

$750,000

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Property Details

Property & Lot

Lot size
7,720 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,706.11 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3073154
Listed
December 10, 2025
Time on market
On the market for 265 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Rare corner property on a generous 7720 Sq Ft ft. lot zoned RU-1. This site offer redevelopment potential -- RU-1 zoning may allow subdivision or stratification for up to 2 dwellings with each having a suite (buyer to confirm with Township). Property currently contains a non-CSA certified mobile home, a detached shop, and a shipping container. Excellent holding property or development opportunity in an established neighbourhood. Buyer and their professionals should verify all zoning, servicing, parcel coverage and subdivision/strata possibilities with the Township. Appraisal done at $900,000 (id:63159)

Location Insights

Weather

Nearest station: Abbotsford

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

161,566

(2021 Census)

+12.8% since 2016

Density: 509/km²

Dwellings: 62,282

Median household income: $102,443

After-tax: $89,518

Immigrant population: 22.9%

Top countries of origin (% of total population)

  • Korea, South2.7% · 4,325
  • India2.6% · 4,225
  • United Kingdom2.3% · 3,755
  • China1.9% · 3,090
  • Philippines1.7% · 2,755
  • United States of America1% · 1,550
  • Viet Nam0.7% · 1,065
  • Germany0.6% · 965

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

3/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Dorothy Peacock ElementaryElementary1.6 km
Gordon Greenwood ElementaryElementary1.6 km
West Langley ElementaryElementary2.1 km
Walnut Grove SecondarySecondary2.4 km
James Kennedy ElementaryElementary2.7 km
Topham ElementaryElementary3.1 km
Meadow Montessori(Independent)Elementary3.1 km
Port Kells ElementaryElementary3.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Northbound 201 St @ 96 Ave565 m
Westbound 96 Ave @ 201 St633 m
Southbound 204 St @ 96 Ave748 m
Northbound 204 St @ 96 Ave751 m
Westbound 96 Ave @ 205 St784 m

Nearby Places

Restaurants (3)

  • The Bistro · 20280 97 Avenue454 m
  • Masala Boyz639 m
  • Happy Hankki641 m

Cafes (1)

  • Cornerstone Cafe on 96th · 20167 96 Avenue554 m

Parks (1)

  • Derby Hills Park732 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$600,000.00
Periodic payment — Principal & Interest (monthly)$3,871.00
Additional monthly expenses (strata, tax, utilities, etc.)$308.84
Total monthly cost$4,179.84
Interest paid over 5-yr term$171,961.72
Balance at end of term$539,701.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.75

Cash Needed at Closing

Minimum down payment$50,000
Estimated BC PTT$13,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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