Home Langley, BC Willoughby Heights Matteo 438 7588 198b Street

438 7588 198b St, Langley BC V2Y 3X9 – Condo for Sale – MLS® R3153510

438 7588 198b Street, Langley, British Columbia V2Y 3X9

Langley Condos for Sale

98 days on the market

$459,900

Est. monthly cost $2,136/mo

Updated with MLS® - Nov 12, 2026 at 06:45pm

Matteo

1 Beds

1 Baths

628 sqft

732 $ /sqft

282.6 $ Maint. fee

2028 built

Photos

MATTEO by ML Emporio! Willoughby’s fastest selling condos now under construction! A collection of 212 studio to 2bed homes, centrally located at 198B Street & 76 Avenue, where the three unique communities of Willoughby, Willowbrook and Carvolth converge. Enjoy easy access to Willoughby Community Park, Langley Events Centre and nearby Latimer Village, all offering extensive dining, sports, and social conveniences. Families benefit from onsite Montessori pre-school/daycare, and just walking distance to top Elementary and High-Schools. Kwantlen and Trinity Western Universities just minutes drive away. Unprecedented buyer credits now at MATTEO! Visit our presentation centre on Saturday at 10522 King George Boulevard, Surrey from 12pm-5pm.

Building 28 fields Inside & out 14 fields Lot & land 7 fields

Building Details

Price	$459,900
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	628
Year Built	2028
Age Of Building	0
Building Type	Apartment/Condo
Unit Style	Corner unit
Property Type	Residential
Stories	1
Building Amenities	Bike Room, Day Care, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Building Name	Matteo
Ownership Type	Freehold Strata
Maintenance Fee	$282.6
Community Features	Shopping Nearby
Amenities Nearby	Bike Room, Day Care, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Underground, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Yes
Rental Restrictions	100%
Rental Suites	None
Units In Development	212

Interior Features

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

Exterior Features

Exterior Features	Playground, Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3153510
Area	Langley
Neighbourhood	Willoughby Heights
City	Langley
Postal Code	V2Y 3X9
Gross Taxes	0
Zoning	CD-191

Property Timeline

Status	Date	Price
R3153510 / Active	08-06-2026	$459,900

Rooms

Floor	Type	Dimensions
Main Level	Patio	9'8 x 9'8 ft
Main Level	Dining Room	13'11 x 13'11 ft
Main Level	Living Room	9'11 x 9'11 ft
Main Level	Bedroom	10'11 x 10'11 ft
Main Level	Den	11'1 x 11'1 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Prima Marketing

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.

Map, sell speed & climate

SkyTrain 2.78 km · crime average · sell-speed score 46/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (4 nearby)

Sushi mura · 234 m · Restaurant
Pizza corner · 249 m · Restaurant
ï¼èèï¼grand chinese restaurant langley · 716 m · Restaurant

Gyms (3 nearby)

Willoughby community centre · 666 m · Gym
Bocce court at willoughby community park · 685 m · Gym
Langley gymnastics · 809 m · Gym

Cafes (2 nearby)

Tim hortons · 794 m · Cafe
Starbucks · 935 m · Cafe

Groceries (1 nearby)

Circle k · 846 m · Convenience

Transit (1 nearby)

Bus stop westbound 72 ave @ 196 st · 960 m · Transit

Public Schools

Elementary
Willoughby Elementary School: Above Average 1.95 km 7.1/10
Middle
Yorkson Creek Middle School: Average 2.28 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
Fraser Valley School: Average 2.24 km 5.9/10
Elementary,Secondary
Crescent Heights Academy: Above Average 2.42 km 9.5/10

Closest Transit

Bus Stop
Southbound 200 St @ 7500 Block: 0.24 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029): 2.78 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 23.1%
No Certificate/Degree: Above Average 15.7%
Owner Occupied: Above Average 82.3%
Employment Rate: Above Average 72.5%

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

46 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $405,883

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.78 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

98 DOM

Listed

438 7588 198b Street has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 13.3% above comparable active properties in Willoughby Heights. The local market is currently a Balanced Market with a sales-to-active ratio of 15.5% — conditions are balanced. With 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 3X9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 3X9, 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 (~1.9 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.

Schools NearBy

15 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
R E Mountain Secondary	Public	Grades Served —	Catchment Info —	6.9 / 10	Distance 662 m
Peter Ewart Middle School	Public	Grades Served —	Catchment Info —	5.6 / 10	Distance 791 m
R C Garnett Demonstration Elementary School	Public	Grades Served K-5	Catchment Info —	6.1 / 10	Distance 1.11 KM
Josette Dandurand Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 1.45 KM
Katzie Elementary School	Public	Grades Served K-7	Catchment Info —	5.8 / 10	Distance 1.94 KM
Willoughby Elementary School	Public	Grades Served K-5	Catchment Info In Catchment	7.1 / 10	Distance 1.96 KM
Langley Meadows Elementary	Public	Grades Served —	Catchment Info —	6.2 / 10	Distance 2.13 KM
Richard Bulpitt Elementary School	Public	Grades Served K-5	Catchment Info —	6.6 / 10	Distance 2.19 KM
Fraser Valley School	Independent	Grades Served —	Catchment Info —	5.9 / 10	Distance 2.24 KM
Yorkson Creek Middle School	Public	Grades Served 6-8	Catchment Info In Catchment	6.4 / 10	Distance 2.28 KM
Crescent Heights Academy	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 2.42 KM
Clayton Heights Secondary	Public	Grades Served —	Catchment Info —	5.8 / 10	Distance 2.62 KM
Lynn Fripps Elementary School	Public	Grades Served K-5	Catchment Info —	6.1 / 10	Distance 2.68 KM
Port Kells Elementary School	Public	Grades Served K-7	Catchment Info —	N/A	Distance 2.93 KM
Clayton Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.99 KM

Walkability & Transit Near 438 7588 198b Street

Car-Dependent 44

Walk Score - Car-Dependent

Most errands require a car

Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options

Bikeable 52

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $2,136/month · rent estimate $1,894/month · owning nets $257/month less than renting · cash flow if rented −$390/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 438 7588 198b Street

$2,136 /month

Principal & Interest $1,853

Property Taxes $0

Maintenance fee $283

The estimated monthly cost of 438 7588 198b Street, Langley is $2,136: $1,853 principal and interest with 20% down over 30 years at 4.45%, plus $283 strata 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

−$390 /month

Mortgage Payment $1,853

Monthly Cash Flow −$390

Break Even Down Payment 37%

Cap Rate -1.0%

Cash on Cash -5.1%

If 438 7588 198b Street, Langley were rented at $1,894 a month with 5% vacancy, it would fall $390 a month short of the mortgage and carrying costs; about 37% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 438 7588 198b Street, Langley

$1,894 / month

Rent $1,894

Own $2,136

Principal: $596/mo Interest, tax, insurance, fees: $1,540/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$499/mo (year 1) → ~$1,160/mo (year 20) → ~$1,731/mo (year 29).

Net cost to own at year 5 ~$1,540/mo About $354/mo less than renting

EstateBlock estimates 438 7588 198b Street, Langley would rent for about $1,894 a month.

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.

Rent vs own: 438 7588 198b Street

Rent vs own

Owning nets $257/mo less than renting

With 20% down ($91,980) at 4.45%: $1,637/mo net cost to own in year 1 vs $1,894/mo rent

Principal paid off by year 5 $32,787

Principal paid off by year 10 $73,727

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 438 7588 198b Street, Langley nets about $257 a month less than renting it in year 1, with $32,787 of principal paid off by year 5 and $73,727 by year 10.