102 5474 198 STREET
Langley, BC V3A1G2
$525,000
Amenities
Also listed: Laundry - In Suite, Clubhouse
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 4
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $442/mo
- Annual property tax
- $1,960.97 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3145579
- Listed
- July 13, 2026
- Time on market
- On the market for 49 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Treeland Realty · Data source: CREA DDF.
Description
CAR BUFFS & DOWNSIZERS! This unique 2-bedroom, 2-bathroom suite features its own private, secure DOUBLE GARAGE located directly underneath the unit, a feature that is virtually impossible to find! Ideal for those seeking independent parking and secure storage. This bright first-floor suite is safely elevated off ground level and boasts a spacious kitchen with granite countertops and laminate flooring. The master bedroom offers a large walk-through closet leading to an ensuite with a 5' step-in shower. The generous second bedroom sits adjacent to the main full bathroom. Enjoy an in-suite laundry/pantry room and wheelchair-friendly 36" wide interior doors. (id:63159)
Values & Trends
This listing
$618/sqft
Building average
$605/sqft
1 active listing(s)
Langley average
$635/sqft
423 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Apartment Market Stats — Langley
Monthly figures from the Fraser Valley Real Estate Board for Langley apartmentlistings — not specific to this property.
MLS® HPI Benchmark Price
$534,200
Jul 2026
Average Sale Price
$529,788
Jul 2026
Monthly Sales
64
Jul 2026
Active Listings
409
Jul 2026
Sales-to-Active Ratio
16.0%
Jul 2026
Median Days to Contract
27 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Abbotsford
14°C
Clear
Humidity 87%
Wind S calm km/h
Tonight
13°
Tuesday
21°
Tuesday night
13°
Wednesday
20°
Wednesday night
11°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
161,566
(2021 Census)
+12.8% since 2016
Density: 509/km²
Dwellings: 62,282
Median household income: $102,443
After-tax: $89,518
Immigrant population: 22.9%
Top countries of origin (% of total population)
- Korea, South2.7% · 4,325
- India2.6% · 4,225
- United Kingdom2.3% · 3,755
- China1.9% · 3,090
- Philippines1.7% · 2,755
- United States of America1% · 1,550
- Viet Nam0.7% · 1,065
- Germany0.6% · 965
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
22
4/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Nicomekl Elementary | Elementary | 681 m |
| Douglas Park Community | Elementary | 1.5 km |
| Latimer Road Elementary | Elementary | 1.6 km |
| Whytecliff Agile Learning Centre-Langley(Independent) | Elementary | 1.6 km |
| Simonds Elementary | Elementary | 1.6 km |
| H D Stafford Middle | Middle | 1.8 km |
| Blacklock Fine Arts Elementary | Elementary | 1.8 km |
| Langley Meadows Elementary | Elementary | 2.1 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Eastbound 56 Ave @ 198 St | — | 259 m |
| Westbound 56 Ave @ 198 St | — | 266 m |
| Eastbound 56 Ave @ Production Way | — | 287 m |
| Westbound 56 Ave @ Production Way | — | 363 m |
| Southbound 200 St @ 56 Ave | — | 408 m |
Nearby Places
Restaurants (1)
- Unnamed · 20173 56 Avenue776 m
Cafes (1)
- Gossip Corner Cafe410 m
Grocery (1)
- Saigon City Market768 m
Parks (2)
- Brydon Park254 m
- Linwood Park616 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.