7843 197 STREET
Langley, BC V2Y4L8
$2,679,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5,100 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,687.34 (2026)
Interior
- Basement
- Finished, Full
- Heating
- Radiant heat
- Fireplace
- Yes (2)
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3155568
- Listed
- August 13, 2026
- Time on market
- On the market for 18 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX City Realty · Data source: CREA DDF.
Description
Introducing Largest Lot in Willoughby as a PRE-SALE HIGHEND CUSTOM HOME in Willoughby, Langley. This brand-new single-family home sits on a 5,740 sq. ft. lot and offers over 5,100 sq. ft. of finished living space across three levels designed with families in mind, the home features 9 bedrooms, 8 bathrooms, an open-concept main floor with a gourmet kitchen, and a spacious great room. The fully finished basement with a separate entry provides flexibility for a suite or additional living space. Located steps from schools, parks, and shops, this move-in ready home combines modern comfort with everyday convenience. Estimated completion Q4 2026. (id:63159)
Values & Trends
This listing
$495/sqft
Building average
—
No other active listings in this building
Langley average
$852/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
14°C
Clear
Humidity 87%
Wind S calm 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
| School | Type | Distance |
|---|---|---|
| Maddaugh Elementary | Elementary | 816 m |
| Peter Ewart Middle School | Middle | 954 m |
| R E Mountain Secondary | Secondary | 1.0 km |
| Donna Gabriel Robins Elementary | Elementary | 1.6 km |
| R C Garnett Demonstration Elementary | Elementary | 1.8 km |
| Katzie Elementary | Elementary | 2.1 km |
| Hazelgrove Elementary | Elementary | 2.1 km |
| Willoughby Elementary | Elementary | 2.1 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
| Stop | Type | Distance |
|---|---|---|
| Northbound 200 St @ 7800 Block | — | 596 m |
| Southbound 200 St @ 80 Ave | — | 604 m |
| Northbound 200 St @ 80 Ave | — | 719 m |
| Northbound 200 St @ 7600 Block | — | 739 m |
| Eastbound 80 Ave @ 200 St | — | 768 m |
Nearby Places
Restaurants (2)
- Pizza Corner710 m
- Sushi Mura728 m
Parks (1)
- 59A - Neighbourhood Park703 m
Gyms (1)
- Lagree Room703 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($535,800) — 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.