Property Type: DuplexOwnership: Freehold

7422 196 STREET

Langley, BC V2Y3R7

$1,199,900

5 bed5 bath2 parking2,425 sqftBuilt 2025
Get Directions

Property Details

Property & Lot

Sub-type
Duplex
Style
Other, 3 Level
Lot size
2,291 square feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$4,190.25 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Natural gas
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Alarm System - Roughed In, Garage door opener

Building

Water source
Municipal water
Sewer
Sanitary sewer, Storm sewer
Utilities
Water, Natural Gas, Electricity
Security
Smoke Detectors, Sprinkler System-Fire, Unknown

Parking

Total spaces
2 — covered indicated
Features
Garage, Garage, Carport, Open

Listing Information

MLS®
R3126322
Listed
May 21, 2026
Time on market
On the market for 102 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Century 21 AAA Realty Inc. · Data source: CREA DDF.

Description

NO STRATA ! ! West Facing Brand new luxurious 3 level 1/2 Duplex home in Willoughby area of Langley! This custom home features open living concept, Lane access, Spacious 3 bed upstairs with separate laundry room fox easy access. Full Bathroom on main floor, Den can be 6th bedroom on main floor, 10' ceiling on main with Extra large windows. Only Duplex's with Tankless hot water on demand, never run out and most energy efficient plus gas heating. The open concept kitchen is the family chefs dream. PLUS downstairs features separate entry, a large rec room with 2Bed and 2bath. Walking distance to great schools, Langley events center, shopping, and much more! Side by Side Units available. 2-5-10 Home Warranty. Move In ready (id:63159)

Values & Trends

This listing

$495/sqft

Building average

No other active listings in this building

Langley average

$489/sqft

24 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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.

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

7

1/9 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
Maddaugh ElementaryElementary580 m
R E Mountain SecondarySecondary1.3 km
Hazelgrove ElementaryElementary1.3 km
Katzie ElementaryElementary1.3 km
R C Garnett Demonstration ElementaryElementary1.3 km
Peter Ewart Middle SchoolMiddle1.4 km
Clayton Heights SecondaryElementary1.9 km
Langley Meadows ElementaryElementary1.9 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
Westbound 72 Ave @ 196 St451 m
Eastbound 72 Ave @ 196 St468 m
Eastbound 72 Ave @ 194A St548 m
Westbound 72 Ave @ 194A St588 m
Westbound 72 Ave @ 198B St597 m

Nearby Places

Parks (5+)

  • Unnamed237 m
  • Unnamed312 m
  • West Willoughby Park354 m
  • Unnamed467 m
  • Duffy Greenway513 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,920.00
Periodic payment — Principal & Interest (monthly)$6,193.08
Additional monthly expenses (strata, tax, utilities, etc.)$470.19
Total monthly cost$6,663.27
Interest paid over 5-yr term$275,115.83
Balance at end of term$863,451.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,496.37

Cash Needed at Closing

Minimum down payment$94,990
Estimated BC PTT$21,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,488

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.

Request more information