7403 208 STREET
Langley, BC V2Y1V7
$3,699,999
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1.2 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $0 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Natural gas, Hot Water
- Fireplace
- Yes (1)
Parking
- Features
- Open, Other
Listing Information
- MLS®
- R3117128
- Listed
- May 1, 2026
- Time on market
- On the market for 122 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.
Description
INVESTOR OPPORTUNITY - Strategically located within the Smith Neighbourhood Plan, this property presents strong future development potential. The existing home is not livable, and the property is being sold as is, where is, with no representations or warranties. Offered at land value with anticipated density in the range of 8-22 units per acre (UPA), making it a compelling acquisition for investors and developers. (id:63159)
Values & Trends
This listing
$3,053/sqft
Building average
—
No other active listings in this building
Langley average
$847/sqft
553 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — Langley
Monthly figures from the Fraser Valley Real Estate Board for Langley detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,500,900
Jul 2026
Average Sale Price
$1,404,904
Jul 2026
Monthly Sales
79
Jul 2026
Active Listings
439
Jul 2026
Sales-to-Active Ratio
18.0%
Jul 2026
Median Days to Contract
22 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Abbotsford
13°C
Clear
Humidity 92%
Wind NW 4 km/h
Today
21°
Tonight
13°
Wednesday
20°
Wednesday night
11°
Thursday
18°
Thursday night
9°
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
2/9 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
| School | Type | Distance |
|---|---|---|
| Richard Bulpitt Elementary | Elementary | 814 m |
| Donna Gabriel Robins Elementary | Elementary | 1.1 km |
| Willoughby Elementary | Elementary | 1.1 km |
| R E Mountain Secondary | Secondary | 1.3 km |
| R C Garnett Demonstration Elementary | Elementary | 1.4 km |
| Peter Ewart Middle School | Middle | 1.5 km |
| Lynn Fripps Elementary | Elementary | 1.7 km |
| Yorkson Creek Middle School | Middle | 2.0 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 |
|---|---|---|
| Southbound 208 St @ 74B Ave | — | 53 m |
| Northbound 208 St @ 74B Ave | — | 180 m |
| Southbound 208 St @ 76 Ave | — | 349 m |
| Northbound 208 St @ 72 Ave | — | 355 m |
| Northbound 208 St @ 76 Ave | — | 455 m |
Nearby Places
Cafes (1)
- Lieto Cafe · 20826 72 Avenue458 m
Parks (4)
- Smith Athletic Park350 m
- Jamieson Park715 m
- Unnamed736 m
- Ellens Park786 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($740,000) — 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.