6.3% price reduction

219 5516 198 St, Langley, BC

$449,900
Est. Mortgage /mo

MLS® R3090626 · Madison Villas

2 Beds
1 Baths
684 sqft
658 $ /sqft
375.93 $ Maint. fee
2008 Built
$449,900
$479,900
Est. /mo with 20% down
$658/sqft · Tax $1,774/2025
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

6.3% price reduction

Bright second-floor 2-bedroom, 1-bath apartment in Madison Villas, professionally measured at 684 sqft. Open-concept kitchen with granite countertops, ceramic cooktop, stainless steel appliances, and ample storage. Spacious living and dining areas ideal for entertaining. Primary bedroom features walk-through closet and 4-piece cheater ensuite, second bedroom with closet (no window). In-suite laundry, air conditioning, underground parking, storage locker, and gym access. Steps to Brydon Park, trails, off-leash dog area, and close to restaurants, shopping, golf course, schools, and bus stops. Only 15-minute walk to the future SkyTrain at Cascade Casino. Move-in ready with strong long-term value.

General Info

Price $449,900
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 684
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Other, Snow Removal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3090626
Building Name Madison Villas
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 0A6
Price per Sqft $658
Gross Taxes $1,774.39
Ownership Type Freehold Strata
Maintenance Fee $375.93
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Other, Snow Removal
Fixtures Included -

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Heat Pump
Cooling Air Conditioning

Utilities

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

Parking

Parking Type Underground, Guest, Lane Access, Side Access, Asphalt, Concrete, Garage Door Opener
Total Parking Spaces 1
Listed by: Royal LePage West Real Estate Services

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
3.13 km
Middle
H. D. Stafford Middle School
1.93 km
Elementary
Nicomekl Elementary School
Below Average
0.74 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
0.12 km
Secondary
Whytecliff Agile Learning Centre (Langley)
1.57 km

Closest Transit

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

Demographics

Post-Secondary Education
Below Average
13.1%
No Certificate/Degree
Above Average
18.5%
Owner Occupied
Above Average
76.2%
Employment Rate
Below Average
50.4%

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 $148
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($89,980), the estimated monthly payment for this listing is $2,242/month — $1,718 principal & interest, $148 property tax, $376 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 $1,853/month, this property runs a $441/month shortfall after mortgage and carrying costs. Break-even requires approximately 41% 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 $449,900
Langley Loading...
Langley City Loading...
Based on 14 comparable active Apartment/Condos in Langley City, the average asking price is $446,300. This listing is priced 0.8% above the neighbourhood average. This property is flagged as a Hot Deal (6.3% 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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