8071 197 Street

Single Family Residence · For sale

Asking

$9,895,000

MLS® R2898008

Bedrooms: 6
Bathrooms: 5 + 1½
Interior: 5,012 sqft
Lot: 87,120 sqft
Built: 1988
Parking: 10

The home

Developers, discover the potential of this 2-acre property, ideal for future townhouse development, situated near the thriving Willoughby and Latimer Developments in Langley Township. With approximately 1 acre of developable land, this property is an excellent investment opportunity. It features a spacious home with multiple suites, outbuildings, a large 33’x24’ garage and sizable workshop. Notably neighboring property of similar size is currently undergoing a development application for townhouses.

Facts & features

Costs

Gross taxes (2023): $11,164

The property

Title: Freehold NonStrata
Storeys: 2
Levels: Two
Basement: Full
Fireplaces: 2
Heating: Electric, Heat Pump

Listed by HQ Commercial

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 Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

The numbers

What this home might cost per month.

Home priceDown payment20% · $1,979,000Interest rate4.75%Amortization25 years

Estimated payment

$44,920/mo

Mortgage amount: $7,916,000
Down payment: $1,979,000

Principal & interest only, compounded semi-annually as Canadian fixed mortgages are. Excludes property tax, strata, and insurance. An estimate — not a pre-approval.

Talk real numbers

Interested?

Come see this home.

Book a private showing or ask us anything — the strata, the street, what it’s really like at rush hour.

Book a showing