Property Type: DuplexOwnership: FreeholdRECENTLY LISTED

7565 197 STREET

Langley, BC V2Y1S2

$1,230,000

4 bed4 bath2 parking2,555 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Duplex

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$4,636.82 (2026)

Interior

Basement
Finished, Full
Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, Garage, Other

Listing Information

MLS®
R3158598
Listed
August 25, 2026
Time on market
On the market for 6 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Sutton Group - 1st West Realty · Data source: CREA DDF.

Description

2,555 SQFT I 4 Beds | 3.5 Baths | Quality-built by Infinity, Duplex. Quality-built by a reputable builder, this spacious 2,555 SQFT, 4-bedroom, 3.5-bath duplex offers the space and comfort today's growing families need. The generous floor plan provides plenty of room for everyday living, entertaining, working from home and family time. The basement offers excellent flexibility for extended family or potential extra income, adding even more value and versatility. Enjoy convenient access to schools, parks, shopping, restaurants and transit, with easy connections to Hwy 1. A fantastic opportunity for families looking for MORE SPACE, QUALITY, GREAT LOCATION and EXCELLENT VALUE without the price tag of a detached home! (id:63159)

Values & Trends

This listing

$481/sqft

Building average

No other active listings in this building

Langley average

$490/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

11

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
Maddaugh ElementaryElementary652 m
R E Mountain SecondarySecondary982 m
Peter Ewart Middle SchoolMiddle1.1 km
R C Garnett Demonstration ElementaryElementary1.3 km
Katzie ElementaryElementary1.6 km
Hazelgrove ElementaryElementary1.6 km
Donna Gabriel Robins ElementaryElementary1.7 km
Langley Meadows ElementaryElementary2.1 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
Southbound 200 St @ 7500 Block578 m
Northbound 200 St @ 7600 Block621 m
Westbound 72 Ave @ 198B St745 m
Eastbound 72 Ave @ 196 St761 m
Westbound 72 Ave @ 196 St766 m

Nearby Places

Restaurants (2)

  • Sushi Mura566 m
  • Pizza Corner576 m

Parks (5+)

  • Unnamed513 m
  • West Willoughby Park617 m
  • Unnamed634 m
  • 59A - Neighbourhood Park684 m
  • Duffy Greenway688 m

Gyms (1)

  • Lagree Room532 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($98,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$984,000.00
Periodic payment — Principal & Interest (monthly)$6,348.43
Additional monthly expenses (strata, tax, utilities, etc.)$514.40
Total monthly cost$6,862.84
Interest paid over 5-yr term$282,017.23
Balance at end of term$885,111.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$98,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,704.68

Cash Needed at Closing

Minimum down payment$98,000
Estimated BC PTT$22,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$122,100

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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