For Sale · Langley · Single Family

$5,000,000

7488 198B STREET, Langley

Beds

Baths

2,645

Sq Ft

About This Home

The details.

Exceptional development opportunity in the heart of Langley's thriving Latimer community. This prime property forms part of an approved townhouse redevelopment site, offering outstanding investment potential in one of Metro Vancouver's fastest-growing neighborhoods. Ideally located close to Highway 1, schools, parks, shopping, restaurants, and the future SkyTrain corridor. A rare chance for builders, developers, and investors to secure a strategic property in a rapidly developing area. Buyer to verify all development details with the Township of Langley. (id:66635)

Summarizing the highlights...

MLS® R3145068Listing courtesy of Investa Prime RealtyView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Size: 2,645 sqft
Lot size: 42,048 square feet
Parking: 5 spaces
Listed on: 2026-07-13
Days on market: 2
MLS number: R3145068
Data source: Fraser Valley Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$23,384

$4,000,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$23,384

Cash flow

-$23,384

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Langley right now

438

Active listings

447

New this week

$863,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Langley.

Household and demographic stats for Langley, from the Statistics Canada 2021 Census.

132,603
Population (2021): 40.8
Median age: 46,930
Households: 2.8
Avg household size: 81.9%
Home ownership: $108,000
Median household income

Langley neighbourhood guide Full census profile Langley market trends

Source: Statistics Canada 2021 Census, Langley, District municipality (Township).

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.