Property Type: Detached HouseOwnership: Freehold

8097 198A STREET

Langley, BC V2Y1Y3

$4,690,000

4 bed4 bath10 parking4,908 sqftBuilt 1970
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
2.4 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,071.9 (2025)

Interior

Basement
None, Unknown
Heating
Radiant heat, Hot Water
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ravine view

Parking

Total spaces
10 — covered indicated
Features
Detached Garage, Other, RV

Listing Information

MLS®
R3113134
Listed
April 20, 2026
Time on market
On the market for 133 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Premier Realty · Data source: CREA DDF.

Description

Amazing investment property with a huge potential commercial building & family home. Located in the booming Willoughby Heights, this beautiful 2.4 acre homestead is zoned for commercial development, please check with Township of langley.This massive gorgeous home is large & bright yet warm & comfortable. Extensively renovated with permits in 2008, it features a spacious contemporary kitchen, massive family room, a loft overlooking a large bright sunroom and generously sized bedrooms. The cedar & paver decks with enough space to host even the grandest of family BBQs! Luxurious backyard hot tub. Outside Cultured Stone and Hardiplank siding with a no worry 50 yr warranted metal roof. Detached double garage, plus a large detached workshop. convenient to everywhere. Must see! (id:63159)

Values & Trends

This listing

$956/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 10 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.

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

$1,875,100
$1,450,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Clear

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

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

SchoolTypeDistance
Peter Ewart Middle SchoolMiddle1.0 km
R E Mountain SecondarySecondary1.2 km
Maddaugh ElementaryElementary1.3 km
Donna Gabriel Robins ElementaryElementary1.5 km
Yorkson Creek Middle SchoolMiddle1.8 km
Willoughby ElementaryElementary2.0 km
Port Kells ElementaryElementary2.0 km
R C Garnett Demonstration 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
Southbound 200 St @ 82 Ave416 m
Northbound 200 St @ 80 Ave442 m
Southbound 200 St @ 80 Ave495 m
Eastbound 80 Ave @ 200 St584 m
Northbound 200 St @ 7800 Block639 m

Nearby Places

Restaurants (5+)

  • S+L Kitchen & Bar672 m
  • Sidebar Grill672 m
  • Kai Sushi721 m
  • Moku Famous Hawaiian Bbq731 m
  • Pizza Garden739 m

Cafes (1)

  • Café Artigiano · 20020 84 Avenue751 m

Parks (2)

  • Unnamed606 m
  • Carvolth Trail Pocket Park643 m

Gyms (1)

  • Gold's Gym397 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($938,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,752,000.00
Periodic payment — Principal & Interest (monthly)$24,206.63
Additional monthly expenses (strata, tax, utilities, etc.)$750.99
Total monthly cost$24,957.62
Interest paid over 5-yr term$1,075,333.99
Balance at end of term$3,374,936.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$938,000
Stress test qualifying rate8.09%
Payment you must qualify for$28,851.57

Cash Needed at Closing

Minimum down payment$938,000
Estimated BC PTT$152,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,092,000

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.

Request more information