New buildInvestment signal

$1,299,900

7657 197 STREET

Beds

Baths

Sqft

—

Year

2026

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

Text about this home Send a message

About this home

NO STRATA!!! Brand new luxurious 3 level 1/2 Duplex home in Willoughby area of Langley! This custom home features open living concept, Lane access, Spacious 3 bedrooms upstairs with separate laundry room for easy access. Full Bathroom on main floor, Energy efficient gas heating. The open concept kitchen is the family chefs dream with high end appliances. PLUS downstairs features separate entry, a large rec room with 2Bed and 2bath. Located in the highly desired neighborhood of Latimer in Langley. Walking distance to great schools, Langley events center, shopping, and much more! Home comes with 2-5-10 year warranty. Call today to schedule a viewing before it's gone! (id:65958)

Subtype: Single Family
Architectural style: Other, 3 Level
Structure: Duplex
Common interest: Freehold
Living area: 2,757 square feet
Lot size: 2,413 square feet
Lot dimensions: 2413
Parking: 2 total
Fireplace: 1
On market: Apr 13, 2026
Status changed: Apr 17, 2026
Annual tax: $4,190.25 (2025)
Photos: 1
MLS#: R3110384
Area: LANGLEY

Features and systems

Parking

GarageGarageCarportOpen

Basement

FinishedFullSeparate entrance

Appliances

WasherRefrigeratorDishwasherStoveDryerAlarm System - Roughed InGarage door opener

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity

Security

Smoke DetectorsSprinkler System-FireUnknown

Negative cash flow ~$2,505/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.56%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,137

Financing

Down payment$259,980

Loan amount$1,039,920

Mortgage$6,380/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$596

Insurance$80

Maintenance$1,083

CapEx reserve$542

Vacancy loss$325

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Langley. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,380/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.