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$430,000

217 5516 198 STREET

Langley BC V3A 1G2 - Langley City
1 bd
1 ba
597 sqft
Built 2008

About This Property

Welcome to this bright and spacious 1-bedroom plus den condo in the heart of Langley City at Madison Villas. Recently updated with brand new vinyl plank flooring throughout, this west-facing unit is filled with natural light, offering a warm and inviting atmosphere. The kitchen features stainless steel appliances, granite counters with eat up bar and a…

Features

Elevator
Storage
Balcony
Underground
Garage Door Opener
Shopping Nearby
Room measurements7 rooms
FoyerMain · 3'11 × 5'6
Living RoomMain · 10'3 × 11'
Dining RoomMain · 7'7 × 8'9
KitchenMain · 8'1 × 8'8
Primary BedroomMain · 12'10 × 10'1
DenMain · 5'6 × 7'9
LaundryMain · 3'11 × 5'2

Property Details

MLS NumberR2986074
Property TypeApartment/Condo
Bedrooms1
Bathrooms1
Square Feet597
Year Built2008
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$318.58/mo
StatusClosed
Listed ByHomelife Benchmark Realty Corp.

School Catchment

Elementary Nicomekl
Secondary Langley

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$464,000Median home value
$77,000Median household income
59.7%Owner-occupied
6%Single-detached homes
2.1Avg household size
35.6Median age
25.5%Bachelor's degree or higher (25-64)
56%Commute under 30 min
84.1%Drive to work
31%Foreign-born residents
5,729Neighbourhood population

Age

Under 15: 14.9%15 to 64: 71.6%65 and over: 13.5%
  • Under 1514.9%
  • 15 to 6471.6%
  • 65 and over13.5%

Household size

  • 1 person37.8%
  • 235.8%
  • 314.8%
  • 46.9%
  • 5 or more4.7%

Language spoken at home

67.6% English mother tongue

  • English + other4.3%
  • Punjabi3.9%
  • Tagalog3.9%
  • Spanish2.3%
  • Korean1.8%
  • Hindi1.2%
  • All others15%

Mother tongue, share of 5,710 residents.

How this pocket differs

  • fewer seniors 65+ than Langley City 13.4% vs 20%
  • notably fewer 4-person households than Langley City 6.9% vs 10.4%
  • fewer 5+ person households than Langley City 4.8% vs 6.4%
  • notably more Tagalog speakers than Langley City 3.9% vs 1.8%
  • notably more Punjabi speakers than Langley City 3.9% vs 2.4%
  • Median dwelling value is notably lower than Metro Vancouver $464,000 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.

Monthly Cost Calculator

Estimated monthly cost $2,460
Mortgage payment$1,971
Strata fee$319
Property tax$125
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 20

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