About Matteo
Matteo represents the pinnacle of modern highrise living in Willoughby Heights, one of Langley's most sought-after neighborhoods. This stunning 212-unit concrete tower at 7588 198b Street offers residents an elevated lifestyle with panoramic views of the Fraser Valley and North Shore mountains. Located in the heart of Willoughby's master-planned community, residents enjoy easy access to Willoughby Town Centre's shopping and dining, top-rated schools including R.E. Mountain Secondary, and extensive park systems including Sendall Gardens and Derby Reach Regional Park. The building's prime location provides seamless connectivity to Highway 1 for Vancouver commuters, while local amenities like Save-On-Foods, Starbucks, and medical services are just minutes away. With its contemporary architecture and premium finishes, Matteo attracts young professionals and families seeking a sophisticated urban lifestyle in Langley's fastest-growing community.
Amenities
School Catchment
Investor Insights — Condos in Willoughby Heights
Estimated rental yields based on MLS data for condos in Willoughby Heights.
| Type | Beds | Avg Rent | Avg Sale | Strata | Net Yield |
|---|---|---|---|---|---|
| Condo | 1 | $1,853/mo | $350,984 | $319/mo | 4.4% |
| Condo | 2 | $2,488/mo | $530,274 | $404/mo | 4.1% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
3 active listings in Matteo
540 7588 198B STREET
401 7588 198B STREET
423 7588 198B STREET
608 7588 198B STREET
435 7588 198B STREET
629 7588 198B STREET
4 homes have sold in Matteo in the past year
Find out what your home here could sell for in today's market.
Neighbourhood
Age
- Under 1521.8%
- 15 to 6468.4%
- 65 and over9.9%
Household size
- 1 person11.1%
- 221.3%
- 320.2%
- 426.6%
- 5 or more20.8%
Language spoken at home
61.9% English mother tongue
Mother tongue, share of 5,805 residents.
How this pocket differs
- notably more 5+ person households than Willoughby Heights 20.8% vs 11.6%
- notably fewer people living alone than Willoughby Heights 11.1% vs 19.3%
- more 4-person households than Willoughby Heights 26.6% vs 20.4%
- notably fewer Korean speakers than Willoughby Heights 4.6% vs 9.7%
- notably more Punjabi speakers than Willoughby Heights 4.8% vs 3%
- Median household income is higher than Metro Vancouver $132,000 vs $90,000
- Median dwelling value is higher than Metro Vancouver $1,290,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
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