7488 198B STREET

7488 198B STREET · Langley, Willoughby Heights · House · 5 bed · 3 bath · $5,000,000 · MLS R3145068

Langley, British Columbia · Neighbourhood: Willoughby Heights
C$5,000,000
For sale
7488 198B STREET

7488 198B STREET is located in Langley (Willoughby Heights). Property snapshot: House, 5 bed, 3 bath, listed at $5,000,000, MLS R3145068. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100.

List Price: $5,000,000
MLS: R3145068
Bedrooms: 5
Bathrooms: 3
Interior Size: 2,645 sqft
Days on Market: -
Days on Site: 3
Deal Score: 50/100
Catchment Schools: Catchment schools include R C Garnett Demonstration Elementary, R.E. Mountain Secondary
Price History: Latest recorded list price 5000000.00

Local Decision Guide

How should buyers evaluate 7488 198B STREET?

Start by reading this listing in its Langley Willoughby Heights context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 7488 198B STREET?

This page shows a list price of $5,000,000 with MLS R3145068.

What type of home is this Langley, Willoughby Heights listing?

The page shows House, 5 bed, 3 bath at 7488 198B STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 5000000.00.

Which catchment schools are associated with 7488 198B STREET?

Catchment schools include R C Garnett Demonstration Elementary, R.E. Mountain Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

House
Building Type
5
Bedrooms
3
Bathrooms
1970
Year Built
56 years
Age
3
Days on Site
42,048 sf
Lot Area
2,645 sqft
Interior Size
C$1,890
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 30026769 (R3145068)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$5,000,000

Lot Area: 42,048 sf

Days on Site: 3 days

Added to Relistico: 2026-07-13

Updated on: 2026-07-14 01:01 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

R C Garnett Demonstration Elementary ELEMENTARY
Public
7096 201 St, Township of Langley, BC
Straight-line distance about 990.4 m
R.E. Mountain Secondary SECONDARY
Public
7633 202A St, Township of Langley, BC
Straight-line distance about 801.5 m
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Fruiticana
About 1.5 km away
Surrey
Aura Natural Market
About 1.5 km away
8045 204 Street, Langley
Shopping Centres
Hayer Town Centre
About 317.1 m away
Yorkson Village
About 1.5 km away
Parks / Green Space
Carvolth Greenway
About 525.7 m away
Duffy Greenway
About 582.7 m away

Price History

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View price changes, listing events, and the full timeline.

Sold Area Stats

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Includes sold count, median sold price, and median days on market.

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Last Updated: Tue, 14 Jul 2026 12:07:16 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Investa Prime Realty

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