Listing history

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About this home

Attention developers & investors: A great future development property in Willoughby's Latimer region is available. Ideally suited for townhouse development. This 2-acre property is located close to all of Langley's main attractions and sits near HWY 1. This clean home showcases an excellent floor plan and evidence of meticulous care over the years. The home has a triple garage and a massive 1,711 sq ft detached workshop at the rear, ideal for hobbies and storage needs. The backyard offers a serene landscape with mature trees and vibrant vegetation. Ample parking accommodates RV and trailer. Neighboring properties are actively pursuing townhouse development applications. Secure this property for future development potential or occupy it yourself while capitalizing on its investment value

Home facts

Bedrooms: 3
Bathrooms: 3 full + 2 half
Interior: 3,205 sq ft
Lot size: 2.00 acres
Year built: 1990
Storeys: 2
Parking: 12
Property type: Single Family Residence
Basement: Crawl Space
Garage: Yes
Fireplaces: 3
Area: Langley
Sub-area: Willoughby Heights
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

Private yard

Features and inclusions

Appliances: Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top
Heating: Hot Water, Natural Gas, Radiant
Cooling: Central Air
Flooring: Hidden until you accept the VOW terms
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Additional Parking, Detached, RV Access/Parking, Front Access, Concrete, Garage Door Opener
Lot: Central Location, Private, Recreation Nearby
Interior features: Central Vacuum
Community: Shopping Nearby

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by Century 21 Coastal Realty Ltd. Data from BCRES. Last updated Oct 23, 2026, 3:05 PM.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $30,097
Property tax: $1,850/mo
Home insurance: $150/mo
Estimated monthly total: $32,097

Purchase snapshot

List price: $6,350,000
Down payment: $1,270,000 (20%)
Estimated mortgage: $5,080,000

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Aura Natural Market22 min

Bike to Cloverdale (FVHRS)31 min

Walk to Cloverdale (FVHRS)1h 43m

Drive to downtown Vancouver1h 24m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Townhouse · 35%

Homes for sale nearby, by type

Townhouse192 for sale

Condo / Apartment187 for sale

Detached130 for sale

Land26 for sale

Half-duplex13 for sale

Other5 for sale

Active listings within 3 km of this home.

Homes built in Langley, by type

Single-detached78.9% · 75

Apartment in duplex21.1% · 20

Source: Statistics Canada, 2021 Census of Population. 95 dwellings.

Who lives here

Statistics Canada area 59153854 · Langley

Median age: 43
Renter households: 37%
Average household size: 3.0
Median household income: $98,000

Population (2021): 278
Median rent: $2,000
Owner shelter cost: $1,400
30%+ of income on shelter: 42%
Owner households: 63%
Households with kids: 33%
Immigrants: 14%
Post-secondary: 49%
Average home value (2021): $2,100,000

Breakdown

$25,000 to $29,9996.7% · 5

$30,000 to $34,9996.7% · 5

$35,000 to $39,9996.7% · 5

$50,000 to $59,9996.7% · 5

$70,000 to $79,9996.7% · 5

$80,000 to $89,9996.7% · 5

$100,000 to $124,9996.7% · 5

$125,000 to $149,99920.0% · 15

$150,000 to $199,99913.3% · 10

$200,000 and over20.0% · 15

Source: Statistics Canada, 2021 Census Profile, dissemination area 59153854.

Documents

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Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.
Zoning and land-use recordsReview permitted uses and development constraints.
Well and water-quality recordsReview water source, testing, and maintenance information.
Septic recordsReview system permits, servicing, and condition information.

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8115 197 Street

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