Property Type: Condo / ApartmentOwnership: Strata

205 5363 206 STREET

Langley, BC V3A2C5

$495,000

2 bed2 bath1 parking1,372 sqftBuilt 1989
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Amenities

Gym

Also listed: Recreation Centre, Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$560/mo
Annual property tax
$2,639.66 (2026)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3157488
Listed
August 20, 2026
Time on market
On the market for 11 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Spacious, sun-filled 2-bedroom, 2-bathroom home in the sought-after 55+ Parkway II community. At 1,372 sq ft, this freshly painted unit offers generous room to live and entertain, complete with a wrap-around deck. Two storage lockers plus in-suite storage in the laundry room, along with underground parking. Hot water, gas, electricity, and heat are all covered by the strata fee.This well-maintained building recently completed a full roof replacement and offers a guest suite, recreation room with full kitchen, billiards room, workshop, and library. Steps from the Langley Seniors Centre, with peaceful walking trails nearby. Approximately a 10-minute walk to the future Langley City Centre SkyTrain Station (Expo Line extension, expected 2029). (id:63159)

Values & Trends

This listing

$361/sqft

Building average

No other active listings in this building

Langley average

$636/sqft

423 active listing(s)

Parking: 1 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.

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

$639,200
$505,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Clear

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

59

8/9 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
Douglas Park CommunityElementary125 m
Blacklock Fine Arts ElementaryElementary448 m
Whytecliff Agile Learning Centre-Langley(Independent)Elementary687 m
H D Stafford MiddleMiddle1.1 km
Nicomekl ElementaryElementary1.1 km
Simonds ElementaryElementary1.5 km
Choices ProgramSecondary1.8 km
Langley SecondarySecondary1.8 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
Southbound 53A Ave @ 205 St67 m
Northbound 53A Ave @ 51B Ave136 m
Northbound 206 St @ 5400 Block198 m
Westbound 53 Ave @ 53A Ave221 m
Southbound 206 St @ Douglas Cres266 m

Nearby Places

Restaurants (5+)

  • Ban Chok Dee · 20563 Douglas Crescent351 m
  • Venetis Restaurant · 20511 Douglas Crescent405 m
  • Pho 777 Vietnamese Restaurant · 20598 Fraser Highway406 m
  • Ashoka Restaurant · 20530 Fraser Highway457 m
  • Maru Sushi · 20631 Fraser Highway457 m

Cafes (5+)

  • Oldhand Coffee · 20528 Fraser Highway444 m
  • The Pie Hole · 20534 Fraser Highway454 m
  • Red Velvet Cafe462 m
  • Pandelicious Bakery · 20631 Fraser Highway469 m
  • Cozy Bean Bakery · 20493 Fraser Highway517 m

Grocery (5+)

  • Michael's nofrills434 m
  • Julia's Prime Market · 20611 Fraser Highway438 m
  • Cielito Lindo · 20491 Fraser Highway519 m
  • Los Guerreros · 20489 Fraser Highway521 m
  • Periska Foods · 20456 Fraser Highway539 m

Parks (5+)

  • Nicomekl Floodplain213 m
  • Douglas Park231 m
  • Nicomekl Park431 m
  • McBurney Lane452 m
  • Portage Park552 m

Shopping (4)

  • St. Andrews Plaza · 20615 Fraser Highway458 m
  • Langley Mall · 5501 204 Street494 m
  • Value Village · 20501 56 Avenue640 m
  • Rainbow Mall751 m

Gyms (4)

  • Anytime Fitness468 m
  • Planet Fitness486 m
  • Evolution Pilates & Yoga Studio's Ltd · 20457 Fraser Highway556 m
  • Fitness Unlimited Health Club · 20501 Logan Avenue787 m

Pharmacies (4)

  • Pharmasave · 20644 Fraser Highway402 m
  • PharmaChoice454 m
  • I.D.A. · 5568 206 Street537 m
  • Community Pharmacy791 m

Banks & ATMs (4)

  • Instacoin ATM295 m
  • TD Canada Trust525 m
  • Prospera Credit Union · 20831 Fraser Hwy565 m
  • Unnamed761 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$396,000.00
Periodic payment — Principal & Interest (monthly)$2,554.86
Additional monthly expenses (strata, tax, utilities, etc.)$848.79
Total monthly cost$3,403.65
Interest paid over 5-yr term$113,494.74
Balance at end of term$356,203.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,616.06

Cash Needed at Closing

Minimum down payment$24,750
Estimated BC PTT$7,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,150

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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