Property Type: DuplexOwnership: Freehold

7738 196 STREET

Langley, BC V2Y3V4

$1,230,000

4 bed5 bath2 parking2,449 sqftBuilt 2025
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Open House

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Saturday, September 5

12:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Sunday, September 6

2:00 PM4:00 PM

Amenities

Also listed: Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
Duplex
Style
2 Level

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$3,593.58 (2025)

Interior

Basement
Finished, Full
Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Alarm System - Roughed In, Garage door opener

Exterior & Lot

View
View

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

Listing Information

MLS®
R3121394
Listed
May 8, 2026
Time on market
On the market for 115 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

QUIET LUXURY and CASUAL ELEGANCE at Latimer Landing, a handcrafted collection of 20 Modern Duplex homes in the heart of Willoughby. These QUALITY homes feature STUNNING, spacious floor plans with 10FT ceilings, HUGE windows & custom built-in cabinetry. All homes offer GREAT ROOM style main floors with GOURMET kitchens, S/S LG Appliances, functional islands, TONS of storage & DEN. Upstairs:3 Bright bedrooms, modern bathrooms & a FULL laundry room with side-by-side appliances. Basement includes a possible 2 Bed / 2 Bath Suite with kitchen & laundry, ideal for Multi-Generational Living or a Mortgage Helper. Gas furnace & Air Conditioning for Year-Round Comfort, plus patio & fenced yard, in a QUIET location backing onto green space. SHOWHOME IS #7768 OPEN HOUSE weekends 12-4 pm Sat/2-4 pm Sun. (id:63159)

Values & Trends

This listing

$502/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

15

3/9 categories nearby

Transit

Not enough data yet

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 ElementaryElementary518 m
Peter Ewart Middle SchoolMiddle1.2 km
R E Mountain SecondarySecondary1.2 km
R C Garnett Demonstration ElementaryElementary1.8 km
Hazelgrove ElementaryElementary1.8 km
Katzie ElementaryElementary1.8 km
Donna Gabriel Robins ElementaryElementary1.8 km
Clayton Heights SecondaryElementary2.3 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

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • Pizza Corner799 m

Parks (2)

  • 59A - Neighbourhood Park429 m
  • Unnamed684 m

Gyms (1)

  • Lagree Room773 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.)$421.47
Total monthly cost$6,769.90
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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