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Detached House

7488 198B STREET, Langley

$5,000,000

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MLS® Number

R3145068

Listed by:
Investa Prime Realty

5
Bedrooms
3
Bathrooms
2,645 sqft
Living Area
$30,432
Annual Taxes
$1,890/sqft248.7% above active median

Median asking price: $542/sqft across 100 active Langley single family listings · latest feed update Sep 10, 2026.

Source: REALTOR.ca DDF® active listings. Asking-price comparison, not a valuation.

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About This Property

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:65271)

Systems & Interior

Heating
Forced air
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Structure & Parking

Style
Other
Parking
Other
Year Built
1970

Full Listing Specifications

MLS® Number
R3145068
Property Type
Detached House
Bedrooms
5
Bathrooms
3
Living Area
2,645 sqft
Lot Size
42,048 sqft
Annual Taxes
$30,432
City
Langley
Postal Code
V2Y1S1

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Neighbourhood Insight

1 listings on map

Listed at

$5,000,000

MLS® R3145068

Bedrooms5
Bathrooms3
Sqft2,645
Last UpdatedAug 13, 2026

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Alex Mackenzie

Royal LePage Sussex

604-356-7554

Mortgage Intelligence

Adjustable Estimate
$5,000,000
20%

$1,000,000

%

Estimated Monthly

$23,012
Principal
Interest

Alex's Insight

"At 4.84%, focus on the 25yr term to maximize early equity growth."

* Estimates only. Subject to credit approval and insurance rules.

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. The information is deemed reliable but not guaranteed.

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Data last updated: Thursday, August 13, 2026 at 11:10 a.m.

Listing Brokerage: Investa Prime Realty

© 2026 CREA. All rights reserved.

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Listed at

$5,000,000