Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

302 5475 201 STREET

Langley, BC V3A1P8

$449,000

2 bed2 bath1 parking1,016 sqftBuilt 1999
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$597/mo
Annual property tax
$2,824.95 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave

Building

Water source
Municipal water

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

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

Listing Information

MLS®
R3159370
Listed
August 28, 2026
Time on market
On the market for 3 days
Tax assessment year
2025
Data last synced
August 29, 2026

Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.

Description

CORNER UNIT | 2 BED / 2 BATH | 1,016 SQ / FT | This spacious condo is perfect for upsizers, downsizers & everyone in between! An abundance of windows flood the interior w/ natural light enhancing the timeless charm this home has to offer. Situated on the quiet side of the building & overlooking Linwood Park, this oversized condo ft. a large kitchen w/ ample storage, 9" ceilings & newer appliances. Enjoy a gas fireplace, separate eating area, and a large welcoming foyer that offers a house-like feel. The primary bedroom showcases a coffered ceiling w/inset lighting. The home is immaculate & exceptionally well maintained. Plenty of visitor parking & conveniently located within walking distance to shops, restaurants, schools & transit! Maintenance fees include gas & hot water.call today! (id:63159)

Values & Trends

This listing

$442/sqft

Building average

No other active listings in this building

Langley average

$635/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

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

48

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
Nicomekl ElementaryElementary490 m
Douglas Park CommunityElementary1.0 km
Whytecliff Agile Learning Centre-Langley(Independent)Elementary1.1 km
Blacklock Fine Arts ElementaryElementary1.4 km
H D Stafford MiddleMiddle1.5 km
Simonds ElementaryElementary1.5 km
Latimer Road ElementaryElementary2.0 km
Alice Brown ElementaryElementary2.1 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

StopTypeDistance
Westbound Michaud Cres @ 200 St138 m
Eastbound Michaud Cres @ 200 St168 m
Northbound 201A St @ Michaud Cres227 m
Westbound Michaud Cres @ 201A St242 m
Southbound 200 St @ 56 Ave245 m

Nearby Places

Restaurants (5+)

  • Unnamed · 20173 56 Avenue371 m
  • Jim's Pizzeria · 20199 56 Avenue407 m
  • Andreas Restaurant · 20227 56 Avenue468 m
  • Silver Dragon Restaurant475 m
  • Akedo Showten Ramen+Gyoza · 20236 Fraser Highway502 m

Cafes (4)

  • Tim Hortons · 20300 Douglas Crescent566 m
  • Lemon Bakery · 102-20108 Fraser Highway578 m
  • Gossip Corner Cafe579 m
  • Starbucks · 20151 Fraser Highway587 m

Grocery (4)

  • Saigon City Market332 m
  • Holland Shopping Centre · 20234 Fraser Highway567 m
  • Save-On-Foods653 m
  • Michael's nofrills748 m

Parks (4)

  • Linwood Park137 m
  • Michaud Park382 m
  • Brydon Park682 m
  • Unnamed707 m

Shopping (3)

  • M.E. Plaza530 m
  • Langley Mall · 5501 204 Street662 m
  • Unnamed682 m

Gyms (2)

  • Brand Fitness · 20236 Fraser Highway547 m
  • Planet Fitness683 m

Pharmacies (4)

  • Community Pharmacy483 m
  • FRASE℞ MEDICINE CENTRE PHARMACY · 20200 Fraser Highway553 m
  • Shoppers Drug Mart672 m
  • PharmaChoice722 m

Banks & ATMs (4)

  • Memory Express - Langley - Bitcoin Well ATM · 20202 Fraser Highway550 m
  • Scotiabank · 20151 Fraser Highway596 m
  • Cash Money601 m
  • TD Canada Trust646 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (strata, tax, utilities, etc.)$883.61
Total monthly cost$3,201.05
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,280.02

Cash Needed at Closing

Minimum down payment$22,450
Estimated BC PTT$6,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,930

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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