8576 196 STREET
Langley, BC V2Y1Z5
$5,499,000
Property Details
Property & Lot
- Lot size
- 89,859.3 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $35,121.39 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8080011
- Listed
- June 29, 2026
- Time on market
- On the market for 63 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Westside Klein Group · Data source: CREA DDF.
Description
Focused Industrial presents a unique opportunity to purchase a 2.06 acre industrial parcel in a highly desirable location of Langley. The subject site offers immediate HWY 1 access that provides convenient access to every major municipality in the lower mainland. The subject property has an active rezoning and development permit application submitted to the Township of Langley to rezone from SR 2 to M 1A for the development of a 2 Storey warehouse building. This desirable property is 29 minutes away from the Canada / US border & 45 minutes from Vancouver. (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
7
2/9 categories nearby
Transit
7
1 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 |
|---|---|---|
| Port Kells Elementary | Elementary | 1.2 km |
| Dorothy Peacock Elementary | Elementary | 1.7 km |
| Peter Ewart Middle School | Middle | 1.9 km |
| Maddaugh Elementary | Elementary | 1.9 km |
| R E Mountain Secondary | Secondary | 2.1 km |
| Yorkson Creek Middle School | Middle | 2.1 km |
| Gordon Greenwood Elementary | Elementary | 2.3 km |
| Donna Gabriel Robins Elementary | Elementary | 2.3 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 200 St @ 86 Ave | — | 755 m |
Nearby Places
Restaurants (2)
- Skobi · 19933 88 Avenue765 m
- S+L Kitchen & Bar771 m
Parks (1)
- Port Kells Park · 19340 88 Avenue717 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,099,800) — 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.