Residentiae.
For Sale · Fraser Valley

8237 197 STREET

Fraser Valley · V2Y1Z1

$4,299,000

3Bedrooms
3Bathrooms
6Parking
3,025Sq Ft

About this residence

A Great investment opportunity in the Latimer area of Willoughby, clear .91 acres in the "200 street 2040 Vision" plan of the Township of Langley. Under the new plan, this property can be developed into multifamily housing. Please verify with the Township of Langley regarding the development potential and the status of the new OCP update and 2040 Plan, particularly in a central location close to Hwy 1 and the Langley Event Centre. The sanitary sewer is located on the lot line. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Living area
3,025 sq ft
Lot size
39585
Parking
6 spaces
Fireplace
2
Year built
1979
Annual tax
$6,217
MLS®
R3028822
Board
Fraser Valley
Status
Inactive
Listed
Jul 21, 2025
Updated
Nov 21, 2025

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove

Heating

  • Natural gas

Basement

  • Full
  • Finished

Parking

  • Garage

Sewer & Utilities

  • Electricity
  • Natural Gas

Architecture

  • Other

Financing

Mortgage calculator

Estimated monthly payment

$20,105/mo

Amortization

Loan amount

$3,439,200

Down payment

$859,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Fraser Valley

About the area

Census · V2Y
46,971
Population
37
Median age
$108,000
Median income
$850,000
Median home value
78%
Home ownership
29 min
Avg. commute

Age distribution

0–14
21%
15–24
11%
25–44
32%
45–64
24%
65+
11%

Tenure

78% owners22% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 8237 197 STREET?

8237 197 STREET is listed for $4,299,000, in Fraser Valley.

How many bedrooms and bathrooms does 8237 197 STREET have?

It offers 3 bedrooms and 3 bathrooms.

What type of home is 8237 197 STREET?

8237 197 STREET is a Single Family, House, built in 1979.

How large is 8237 197 STREET?

The home offers approximately 3,025 sq ft of living space on a lot measuring 39585.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $20,105. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $6,217 per year.

Is there parking?

Yes — 8237 197 STREET includes 6 parking spaces.

What is the Fraser Valley area like?

Fraser Valley has a population of about 46,971, a median age of 37, a 78% home-ownership rate, with an average commute of about 29 minutes.

What is the average home value in Fraser Valley?

The median dwelling value in this area is approximately $850,000, based on census data via Neighbourly.

What is the median household income in Fraser Valley?

The median household income in this area is approximately $108,000.

Private viewings

Arrange a private viewing of 8237 197 STREET.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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