Foreclosures, 5.7% price reduction

205 5377 201a St, Langley, BC

$494,999
Est. Mortgage /mo

MLS® R3078168 · Red Maple Place

2 Beds
2 Baths
1248 sqft
397 $ /sqft
552.48 $ Maint. fee
1992 Built
$494,999
$525,000
Est. /mo with 20% down
$397/sqft · Tax $2,731/2025
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

Property Details & Specs

Foreclosures 5.7% price reduction

Court ordered sale. Spacious 2 bedroom and 2 bathroom home offering nearly 1,300 sq.ft. with a bright and functional layout. The unit faces inward, providing a quiet setting with excellent natural light throughout. The home features some improvements, offering a solid foundation for a buyer to personalize further. Well managed strata with a thoughtful floor plan that separates living and sleeping areas for everyday comfort. Includes 1 parking stall and 1 storage locker. Conveniently located close to shops, services, transit, and within proximity to the future SkyTrain station, making this an ideal opportunity for homeowners or investors alike.

General Info

Price $494,999
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1248
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3078168
Building Name Red Maple Place
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 1S7
Price per Sqft $397
Gross Taxes $2,731.49
Ownership Type Freehold Strata
Maintenance Fee $552.48
Community Features Shopping Nearby
Amenities Nearby Recreation Facilities, Caretaker, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace 1
Heating Type Electric

Utilities

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

Parking

Parking Type Underground, Guest
Total Parking Spaces 1
Listed by: RE/MAX 2000 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 & Transit Info

Public Schools

Secondary
Langley Secondary School
2.54 km
Middle
H. D. Stafford Middle School
1.32 km
Elementary
Nicomekl Elementary School
Below Average
0.3 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
0.82 km
Secondary
Whytecliff Agile Learning Centre (Langley)
1.1 km

Closest Transit

Bus Stop
Westbound 53 Ave @ 201A St
0.2 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
0.79 km

Demographics

Post-Secondary Education
Below Average
12.7%
No Certificate/Degree
Above Average
19.9%
Owner Occupied
Average
72.2%
Employment Rate
Average
54.6%

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $228
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($99,000), the estimated monthly payment for this listing is $2,671/month — $1,891 principal & interest, $228 property tax, $552 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,039/month, this property runs a $689/month shortfall after mortgage and carrying costs. Break-even requires approximately 50% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $494,999
Langley Loading...
Langley City Loading...
Based on 70 comparable active Apartment/Condos in Langley City, the average asking price is $508,087. This listing is priced 2.6% below the neighbourhood average. This property is flagged as a Hot Deal (Foreclosures, 5.7% 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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