401 7920 206 St, Langley BC – Condo for Sale – MLS® R3158645

401 7920 206 Street, Langley, British Columbia V2Y 3X1

49 days on the market
$550,000
Est. Mortgage $2,433/mo
Listing updated:
EstateBlock checked:
The Hive
2 Beds
2 Baths
845 sqft
651 $ /sqft
408.93 $ Maint. fee
2024 built
5.2% price reduction
49 days on the market
$550,000
$579,900
Est. $2,433/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 401 7920 206 Street

5.2% price reduction

The Hive steps from Willoughby Town Centre! Bright 2 Bed, 2 Bath CORNER UNIT 2 secure, side-by-side parking stalls + storage locker on the same floor. Enjoy 845 sq ft of thoughtfully designed living with bedrooms on opposite sides for added privacy. Primary & secondary bedroom have been upgraded to laminate flooring. Modern kitchen features quartz countertops, stainless steel appliances, gas stove (gas included in strata), & a window above the sink overlooking the courtyard and Willoughby Town Centre. Residents have access to a fitness centre, party room, co-working space, and BBQ area. Steps to shops, restaurants, parks, schools, transit, w. quick access to major routes. Pet friendly! A perfect blend of comfort, convenience & location. QUICK COMPLETION POS!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $550,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 845
Year Built 2024
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Management, Snow Removal
Building Name The Hive
Ownership Type Freehold Strata
Maintenance Fee $408.93
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Concierge, Trash, Maintenance Grounds, Gas, Management, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground, Guest
Total Parking Spaces 2
Strata Restrictions Pets Allowed,Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes, Yes With Restrictions
Rental Suites None
Units In Development 244

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3158645
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 3X1
Gross Taxes $2,231.59
Zoning CD-89

Property Timeline

Status Date Price
R3158645 / Active 08-25-2026 $550,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Kitchen 12' x 12' ft
Main Level Dining Room 12' x 12' ft
Main Level Living Room 10'3 x 10'3 ft
Main Level Primary Bedroom 10'1 x 10'1 ft
Main Level Bedroom 9'5 x 9'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: RE/MAX Treeland 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.

About the building: The Hive 2

7936 206 Street, Willoughby Heights, Langley

The Hive 2 building details

Building

Built
2025
Homes
208 in 6 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS10025
Managed by
Peninsula Strata Management
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementHot WaterGasGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at The Hive 2

For sale
15
Median ask
$555K
Median $/sqft
$698
Days on market
65
Sold, past year
25
This home

$651/sqft, 6.7% below the building median of $698.

  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2030, structural to 2035.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Elementary
Willoughby Elementary School
Above Average 0.28 km 7.1/10
Middle
Yorkson Creek Middle School
Average 0.94 km 6.4/10

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

Private Schools

Elementary, Secondary
King's School
Above Average 2.33 km 7.3/10
Elementary, Secondary
King's School
Above Average 2.33 km 7.3/10

Closest Transit

Bus Stop
Southbound 208 St @ 80 Ave
0.37 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
4.19 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average 24.2%
No Certificate/Degree
Below Average 12%
Owner Occupied
Above Average 78.9%
Employment Rate
Above Average 76.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

Sell Speed & Competition

64 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $584,650
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.19 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WILLOUGHBY HEIGHTS compares
This property
49 DOM
Listed
Willoughby Heights avg
—
—
Langley avg
—
—

401 7920 206 Street has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.3% below comparable active properties in Willoughby Heights, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 15.5% — conditions are balanced. With only 420 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V2Y 3X1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 3X1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Surrey East, Surrey (~3.6 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - District currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (20 nearby)

  • Domino's · 19 m · Fast Food
  • Woking dragon · 117 m · Restaurant
  • Sirka · 136 m · Restaurant

Shopping (14 nearby)

  • Stylo style · 24 m · Beauty Shop
  • Sassy nails & spa · 80 m · Beauty Shop
  • Rbc · 100 m · Bank

Groceries (6 nearby)

  • Prime farm market · 128 m · Supermarket
  • Your independent grocer · 150 m · Supermarket
  • Town centre liquor store · 237 m · Beverages

Cafes (3 nearby)

  • Mattu's coffee & tea · 171 m · Cafe
  • Tim hortons · 536 m · Cafe
  • Gong cha · 590 m · Cafe

Healthcare (2 nearby)

  • Shoppers drug mart · 228 m · Healthcare
  • Value drug mart · 578 m · Healthcare

Gyms (1 nearby)

  • The tennis centre · 233 m · Gym

Transit (1 nearby)

  • Bus stop northbound 202a st @ 76 ave · 988 m · Transit

Schools NearBy

16 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Willoughby Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
7.1 / 10

Distance

283 m

Richard Bulpitt Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.6 / 10

Distance

725 m

Peter Ewart Middle School

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

891 m

Yorkson Creek Middle School

Public

Grades Served

6-8

Catchment Info

In Catchment
6.4 / 10

Distance

941 m

Lynn Fripps Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

1.02 KM

R E Mountain Secondary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.03 KM

Josette Dandurand Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.20 KM

Alex Hope Elementary

Public

Grades Served

—

Catchment Info

—
8.0 / 10

Distance

1.55 KM

R C Garnett Demonstration Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.1 / 10

Distance

1.88 KM

Walnut Grove Secondary

Public

Grades Served

—

Catchment Info

—
7.8 / 10

Distance

2.25 KM

King's School

Independent

Grades Served

K-12

Catchment Info

—
7.5 / 10

Distance

2.33 KM

Gordon Greenwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

2.47 KM

Fraser Valley School

Independent

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

2.48 KM

Dorothy Peacock Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.49 KM

James Kennedy Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.8 / 10

Distance

2.58 KM

COMPASS Christian Langley (Glover Rd.)

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

2.99 KM

Walkability & Transit Near 401 7920 206 Street

Walk Score Badge
Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 401 7920 206 Street

2026 assessed value, sourced from City of Langley open data (PID 032-154-887).
Total Assessed Value (2026)
$617,000
-3.1% YoY
-3.1%/yr over 1 yr
2025 Value Trend 2026
Land
$463,000
Buildings
$154,000
Year Built
N/A
Class
030
Zoning
CD-89
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $463,000 $154,000 $617,000
-3.1%
2025 $478,000 $159,000 $637,000 —

Mortgage Calculator for 401 7920 206 Street

/month
Principal & Interest
Property Taxes $186
Maintenance fee 408.93
With a 20% down payment, buyers can expect an estimated $2,696/month in total housing costs on this $550,000 property — $2,101 mortgage payment, $186 property tax, $409 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,044/month estimated rent and $2,750/month in total housing costs, this property has a -$706/month cashflow. Break-even down payment: approximately 47%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 401 7920 206 Street, Langley

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $550,000
Langley Loading...
Willoughby Heights Loading...

Based on 225 comparable active apartments/condos in Willoughby Heights, the average asking price is $587,005. This listing is priced 6.3% below the neighbourhood average. This property is flagged as a Hot Deal (5.2% price reduction) based on its competitive pricing and market demand.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 401 7920 206 Street

Walk Score Badge
Car-Dependent 49

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
47

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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