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$449,900

320 5516 198 STREET

Langley BC V3A 0A6 - Langley City
2 bd
1 ba
687 sqft
Built 2008

About This Property

Welcome to Madison Villas! The perfect opportunity for first-time buyers, this 2 BED, 1 BATH home offers a spacious 687 SQFT layout in a prime central location. Just steps from shopping, restaurants, recreation, and transit, convenience is at your doorstep. Enjoy modern finishes, including granite countertops, stainless steel appliances, A/C, and in-suite…

Features

Balcony
Garage Under Building
Guest
Gravel
Shopping Nearby
Room measurements6 rooms
Living RoomMain · 10' × 11'
Dining RoomMain · 7'10 × 8'8
Primary BedroomMain · 1'1 × 12'10
KitchenMain · 8' × 8'8
BedroomMain · 7'9 × 7'8
LaundryMain · 4' × 8'

Property Details

MLS NumberR3008226
Property TypeApartment/Condo
Bedrooms2
Bathrooms1
Square Feet687
Year Built2008
Parking Spaces1
HeatingBaseboard, Electric
Strata Fee$364.92/mo
StatusClosed
Listed ByStonehaus 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 $2,596
Mortgage payment$2,048
Strata fee$365
Property tax$137
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 24

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