Property Type: TownhouseOwnership: StrataNEW LISTING

16 4740 221 STREET

Langley, BC V2Z1L8

$699,800

2 bed2 bath2 parking1,705 sqftBuilt 1993
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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
Ranch, Other
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$592/mo
Annual property tax
$2,618.59 (2026)

Interior

Basement
None, Unknown
Heating
Heat Pump, Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener

Building

Water source
Municipal water
Sewer
Sanitary sewer, Storm sewer
Utilities
Water, Natural Gas, Electricity
Security
Smoke Detectors

Parking

Total spaces
2 — covered indicated
Features
Garage, Open, RV

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
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®
R3159683
Listed
August 28, 2026
Time on market
On the market for 3 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: RE/MAX Treeland Realty · Data source: CREA DDF.

Description

Meticulously maintained upper end unit townhome in Murrayville's Eaglecrest. This sunny & bright 2-bedroom & den unit offers an excellent layout featuring a spacious living room w/ vaulted ceiling & access to an entertainment-sized front deck, open den/flex area, & dining room. Kitchen w/ stainless appliances, ample counter & cabinet storage, eating nook, & adjacent family room w/ gas F/P. Generous primary bedroom w/ vaulted ceiling, W/I closet, & 4-piece ensuite. 2nd bedroom with its own deck! The in-floor radiant heating system was recently integrated w/ a 3-head mini split heat-pump system for efficient heating & cooling. Quiet, serene setting in a gated complex w/ clubhouse, community gardens, & RV parking. Walk to restaurants, shops, W.C. Blair Rec Centre, hospital, parks, & schools. (id:63159)

Values & Trends

This listing

$410/sqft

Building average

No other active listings in this building

Langley average

$529/sqft

252 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

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.

Townhouse Market Stats — Langley

Monthly figures from the Fraser Valley Real Estate Board for Langley townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$811,400

Jul 2026

Average Sale Price

$825,259

Jul 2026

Monthly Sales

83

Jul 2026

Active Listings

281

Jul 2026

Sales-to-Active Ratio

30.0%

Jul 2026

Median Days to Contract

17 days

Jul 2026

MLS® HPI Benchmark Price

$947,700
$742,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Mostly Cloudy

23°C

Mostly Cloudy

Humidity 50%

Wind W 10 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

41

6/9 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

SchoolTypeDistance
James Hill ElementaryElementary443 m
Langley Fundamental ElementaryElementary957 m
Credo Christian Schools(Independent)K-121.0 km
Murrayville Academy(Independent)Elementary1.3 km
Langley Christian School(Independent)K-121.6 km
Langley Fundamental Middle/Secondary SchK-122.1 km
Choices ProgramSecondary2.3 km
Langley SecondarySecondary2.3 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

StopTypeDistance
Eastbound 48 Ave @ 221 St132 m
Westbound 48 Ave @ 221 St184 m
Westbound 48 Ave @ 222 St195 m
Northbound 222 St @ 48 Ave282 m
Westbound Old Yale Rd @ 220 St360 m

Nearby Places

Restaurants (3)

  • Hitori Japanese Restaurant · 22259 48 Avenue405 m
  • Ricky's All Day Grill424 m
  • Nikko Sushi491 m

Cafes (1)

  • The Joy of Coffee367 m

Grocery (1)

  • IGA · 22259 48 Avenue307 m

Parks (4)

  • Murrayville Outdoor Activity Park202 m
  • Denny Ross Memorial Park429 m
  • James Hill Park487 m
  • Old Yale Park740 m

Pharmacies (1)

  • Shoppers Drug Mart · 22196 50 Avenue548 m

Banks & ATMs (1)

  • TD · 22259 48 Avenue332 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,840.00
Periodic payment — Principal & Interest (monthly)$3,611.90
Additional monthly expenses (strata, tax, utilities, etc.)$895.48
Total monthly cost$4,507.37
Interest paid over 5-yr term$160,451.75
Balance at end of term$503,577.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,980
Stress test qualifying rate8.09%
Payment you must qualify for$5,035.34

Cash Needed at Closing

Minimum down payment$44,980
Estimated BC PTT$11,996
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,476

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.

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