304 5516 198 St, Langley, BC, MLS® R2829634

$489,900
Est. Mortgage /mo

Closed

$475,000
Closed at 24 Jan 2024
Listing price: $489,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
2 Beds
1 Baths
1 Stories
$ 345.48 Maint. Fee
706 sqft
2008 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

304 5516 198 St, Langley, BC | MLS® R2829634 Property Details

Third floor condo in Madison Villas. Located on a quiet residential street and a short walk to Brydon Park and Lagoon, this 2 bedroom corner unit lets the sunshine in. It features lots of windows, a balcony overlooking greenspace, has stainless appliances, laminate floors, granite countertops, built-in air conditioner and in suite laundry room. The storage locker is conveniently located on the same floor, a well equipped gym is a short elevator ride away and this unit comes with 2 side by side parking stalls in the underground garage. 2 pets allowed (no size restriction). No age restrictions. Quick possession possible.

General Info

Price $489,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 706
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 15
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2829634
Area Langley
Neighbourhood Langley City
City Langley
Gross Taxes $1,540.01
Ownership Type Freehold Strata
Maintenance Fee $345.48
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Water

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Zoning RM3
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Wall/Wall/Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX Truepeak Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Langley Secondary School
3.13 km
Middle
H. D. Stafford Middle School
1.92 km
Elementary
Nicomekl Elementary School
Below Average
0.73 km
3.3/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
The Global School
0.13 km
Secondary
Whytecliff Agile Learning Centre (Langley)
1.56 km

Closest Transit

Bus Stop
Eastbound 56 Ave @ 198 St
0.18 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
1.11 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

This home with address 304 5516 198 Street, Langley, BC is also serviced by Langley Secondary School and located 3.13 km from it. Langley Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 304 5516 198 Street is The Global School with School's rating No Rating, located 0.13 km from this home.

The closest to this address 304 5516 198 Street Secondary independent school is Whytecliff Agile Learning Centre (Langley) with School's rating No Rating, located 1.56 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,095 volation disturbances in this neighbourhood. The overall crime rate near the address - 304 5516 198 Street, Langley, BC is 18,344.49. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has High rate in 2020. Year by year change in the total crime rate is -16.68%

Drug crime rate next to the listing MLS® R2829634 is High comparing to other neighbourhoods. The illegal substances offences rating is 860.52. There were 239 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -6.66%

Property crimes in the neighbourhood close to real estate listing for sale 304 5516 198 Street are High. Property misconduct rating adjacent to MLS® R2829634 is 7,381.00. There were 2,050 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -26.88%

There were 619 violent lawbreaking disorders in 2020. 2,228.70 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -19.73%

The closest Bus station is Eastbound 56 Ave @ 198 St in 0.18 km away from this listing with - MLS® R2829634.

13.1% of people with university certificate/degree live in this neighbourhood adjacent to the 304 5516 198 Street which is Below Average in comparison with other BC neighbourhoods. 18.5% of population in this neighbourhood that is near the Listing MLS® R2829634 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 304 5516 198 Street, Langley, BC is $57173 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2829634 is $34746 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 76.2% which is High.

Unemployment rate in the area around Real Estate Listing # R2829634 is 7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 304 5516 198 Street Langley City where population change between 2011 and 2016 was 17.6%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 304 5516 198 Street, Langley, BC is 1868.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 304 5516 198 Street is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2829634 is 50.4% and it is Below Average. % of Married or living common law is around 51% and it is Below Average.

Average age of the population close to the 304 5516 198 Street is 40.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 304 5516 198 Street, Langley, BC is $339291 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 304 5516 198 Street. $1203 owners spent in average for the dwelling. Tenants are paying $1031 in this district close to MLS® R2829634 and it is Average comparing to other cities.

47.4% of Population in this district near the 304 5516 198 Street are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 304 5516 198 Street, Langley, BC is 4.8%, it is Below Average, % of English speakers only is 93.8% and Above Average. % of Neither English nor French speakers close to home for sale 304 5516 198 Street, Langley, BC is 1.4% and it is Average comparing to other BC cities.

7% of all population in the area around this property with the address 304 5516 198 Street, Langley, BC using Public Transport which is Below Average, 85.7% of using population are using Cars around MLS® R2829634, which is Average. 0% of people using Bicycles around the 304 5516 198 Street and it is . 5.8% of population are walking which is Above Average

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 345.48
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $489,900
Langley $432,000
Langley City $432,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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