Property Type: DuplexOwnership: Freehold

7771 197 STREET

Langley, BC V2Y3V5

$1,245,000

5 bed5 bath2 parking2,775 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
2,553 square feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$0 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Electric
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3156311
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

Brand new 3-level 1/2 duplex with two bedroom fully finished suite. situated on back lane lot with one parking in single garage garage and one on side of garage. Close to both schools, shopping and transit. Main floor features open concept great room & dining area, designer kitchen with top stainless steel appliances, Den with full bathroom. Top floor features master bedroom with en-suite plus 3 other good size bedrooms and 2-full bathroom's and laundry. Basement has 2-BED SUITE with 2-full-bathrooms.2-5-10 new home warranty. open house sat 2-4PM. (id:63159)

Values & Trends

This listing

$449/sqft

Building average

No other active listings in this building

Langley average

$491/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

27

4 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 ElementaryElementary733 m
Peter Ewart Middle SchoolMiddle952 m
R E Mountain SecondarySecondary984 m
Donna Gabriel Robins ElementaryElementary1.6 km
R C Garnett Demonstration ElementaryElementary1.7 km
Hazelgrove ElementaryElementary2.0 km
Katzie ElementaryElementary2.0 km
Willoughby ElementaryElementary2.2 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

StopTypeDistance
Northbound 200 St @ 7800 Block632 m
Northbound 200 St @ 7600 Block669 m
Southbound 200 St @ 80 Ave677 m
Southbound 200 St @ 7500 Block701 m

Nearby Places

Restaurants (2)

  • Pizza Corner634 m
  • Sushi Mura646 m

Parks (1)

  • 59A - Neighbourhood Park647 m

Gyms (1)

  • Lagree Room618 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$996,000.00
Periodic payment — Principal & Interest (monthly)$6,425.85
Additional monthly expenses (strata, tax, utilities, etc.)$139.00
Total monthly cost$6,564.85
Interest paid over 5-yr term$285,456.46
Balance at end of term$895,905.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,808.49

Cash Needed at Closing

Minimum down payment$99,500
Estimated BC PTT$22,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$123,900

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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