8075 198A STREET
Langley, BC V2Y1Y3
$6,800,000
Property Details
Property & Lot
- Lot size
- 104,544 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $16,991.15 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8078347
- Listed
- April 29, 2026
- Time on market
- On the market for 124 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Homelife Benchmark Realty (Langley) Corp. · Data source: CREA DDF.
Description
Rare, stand alone commercial development opportunity, in addition to office uses could include seniors assisted living and or possible medical office center. Sanitary, City water, hydro and gas all available at the lot line, storm water can be handled on site. Independent from any neighbouring development sites property has ToL preliminary approval for a +65,000 office building. Overall property is about 2.5 ac, net developable property is just under 1 acre and remaining 1.5 ac dedicated green space and creek protection, Property has older 2300 sqft home in poor condition. Owner financing available to qualified Buyer. (id:63159)
Location Insights
Weather
Nearest station: Abbotsford
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
19
4/9 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 |
|---|---|---|
| Peter Ewart Middle School | Middle | 980 m |
| R E Mountain Secondary | Secondary | 1.2 km |
| Maddaugh Elementary | Elementary | 1.3 km |
| Donna Gabriel Robins Elementary | Elementary | 1.5 km |
| Yorkson Creek Middle School | Middle | 1.9 km |
| Willoughby Elementary | Elementary | 2.0 km |
| Port Kells Elementary | Elementary | 2.1 km |
| R C Garnett Demonstration 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 @ 80 Ave | — | 431 m |
| Southbound 200 St @ 82 Ave | — | 437 m |
| Southbound 200 St @ 80 Ave | — | 464 m |
| Eastbound 80 Ave @ 200 St | — | 565 m |
| Northbound 200 St @ 7800 Block | — | 599 m |
Nearby Places
Restaurants (5+)
- Sidebar Grill711 m
- S+L Kitchen & Bar720 m
- Kai Sushi762 m
- Moku Famous Hawaiian Bbq773 m
- Pizza Garden781 m
Cafes (1)
- Café Artigiano · 20020 84 Avenue797 m
Parks (2)
- Unnamed609 m
- Carvolth Trail Pocket Park677 m
Gyms (1)
- Gold's Gym422 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,360,000) — 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.