20205 98A AVENUE
Langley, BC V1M3E3
$800,000
Property Details
Property & Lot
- Lot size
- 10,793 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,590.24 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3104011
- Listed
- March 26, 2026
- Time on market
- On the market for 158 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.
Description
Development Potential in Prime Walnut Grove Location@ Rare opportunity with the potential to stratify into 2 legal lots. Build 2 detached homes, each up to 3 levels with legal suites, plus the option of 2-level accessory buildings on each lot. With 33% coverage, this property offers excellent flexibility for builders, investors, or end-users looking to maximize value. Alternatively, design and build a custom single-family home with a shop on a spacious lot. Situated in a desirable, family-friendly neighbourhood close to schools, parks, shopping, and easy freeway access. A versatile property with strong upside-hold, develop, or build your dream project! (id:63159)
Location Insights
Weather
Nearest station: Abbotsford
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
11
3/9 categories nearby
Transit
20
3 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
| School | Type | Distance |
|---|---|---|
| Dorothy Peacock Elementary | Elementary | 1.7 km |
| Gordon Greenwood Elementary | Elementary | 1.7 km |
| West Langley Elementary | Elementary | 2.1 km |
| Walnut Grove Secondary | Secondary | 2.4 km |
| James Kennedy Elementary | Elementary | 2.8 km |
| Meadow Montessori(Independent) | Elementary | 3.1 km |
| Topham Elementary | Elementary | 3.1 km |
| Port Kells Elementary | Elementary | 3.2 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
| Stop | Type | Distance |
|---|---|---|
| Northbound 201 St @ 96 Ave | — | 614 m |
| Westbound 96 Ave @ 201 St | — | 679 m |
| Southbound 204 St @ 96 Ave | — | 798 m |
Nearby Places
Restaurants (3)
- The Bistro · 20280 97 Avenue507 m
- Masala Boyz690 m
- Happy Hankki692 m
Cafes (1)
- Cornerstone Cafe on 96th · 20167 96 Avenue604 m
Parks (1)
- Derby Hills Park745 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.