Property Type: Condo / ApartmentOwnership: Strata

316 5638 201A STREET

Langley, BC V3A0L8

$499,999

2 bed1 bath1 parking654 sqftBuilt 2019
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Amenities

Also listed: Guest Suite, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$247/mo
Annual property tax
$1,850.53 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

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®
R3108833
Listed
April 8, 2026
Time on market
On the market for 145 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Magsen Realty Inc. · Data source: CREA DDF.

Description

Welcome to this stunning 1bdm, 1den and 1bath condo located in the heart of Langley City! Featuring an open-concept layout, kitchen with KA S/S appliances. Spacious primary bdm is complemented by a versatile den that can easily function as a 2nd Bedroom (fits queen-size bed)/home office. The building offers fantastic amenities, including a guest suite, a large amenity room, a conference room, a bike locker & a private garden with playground with reasonable strata fee. Plus the building has a wheelchair ramp for handicapped. Conveniently situated just steps away from shopping, dining, transit, and 5 mins walking to the upcoming SkyTrain station. No restrictions on rent, perfect for investment & first time buyer. With 1 parking stall included. Don't miss! (id:63159)

Values & Trends

This listing

$765/sqft

Building average

$657/sqft

2 active listing(s)

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

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 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

85

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
Whytecliff Agile Learning Centre-Langley(Independent)Elementary794 m
Nicomekl ElementaryElementary872 m
Douglas Park CommunityElementary896 m
Blacklock Fine Arts ElementaryElementary1.4 km
H D Stafford MiddleMiddle1.7 km
Simonds ElementaryElementary1.8 km
Langley Meadows ElementaryElementary1.9 km
Latimer Road 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
Eastbound 56 Ave @ 201A St91 m
Westbound 56 Ave @ 201A St116 m
Eastbound Fraser Hwy @ 201A St152 m
Westbound 56 Ave @ 203 St152 m
Westbound Fraser Hwy @ 203 St213 m

Nearby Places

Restaurants (5+)

  • Unnamed · 20173 56 Avenue63 m
  • Jim's Pizzeria · 20199 56 Avenue71 m
  • Akedo Showten Ramen+Gyoza · 20236 Fraser Highway89 m
  • Andreas Restaurant · 20227 56 Avenue118 m
  • NY's Indian Grill & Bar · 20204 Fraser Highway126 m

Cafes (5+)

  • Starbucks · 20151 Fraser Highway161 m
  • Lemon Bakery · 102-20108 Fraser Highway279 m
  • Tim Hortons · 20300 Douglas Crescent319 m
  • Tim Hortons · 20270 Logan Avenue460 m
  • Projekt + Blend · 20436 Fraser Highway578 m

Grocery (5+)

  • Saigon City Market131 m
  • Holland Shopping Centre · 20234 Fraser Highway143 m
  • Save-On-Foods243 m
  • Michael's nofrills559 m
  • Pinoy Spot · 20454 Fraser Highway597 m

Parks (4)

  • Michaud Park258 m
  • Linwood Park340 m
  • Innes Corners Plaza543 m
  • McBurney Lane718 m

Shopping (5+)

  • M.E. Plaza103 m
  • Unnamed253 m
  • Langley Mall · 5501 204 Street496 m
  • Rainbow Mall611 m
  • Value Village · 20501 56 Avenue746 m

Gyms (4)

  • Brand Fitness · 20236 Fraser Highway124 m
  • Planet Fitness503 m
  • Evolution Pilates & Yoga Studio's Ltd · 20457 Fraser Highway617 m
  • Fitness Unlimited Health Club · 20501 Logan Avenue722 m

Pharmacies (4)

  • FRASE℞ MEDICINE CENTRE PHARMACY · 20200 Fraser Highway125 m
  • Community Pharmacy198 m
  • Shoppers Drug Mart243 m
  • PharmaChoice536 m

Banks & ATMs (5+)

  • Memory Express - Langley - Bitcoin Well ATM · 20202 Fraser Highway122 m
  • Cash Money175 m
  • Scotiabank · 20151 Fraser Highway183 m
  • TD Canada Trust464 m
  • Unnamed479 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,999.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (strata, tax, utilities, etc.)$434.13
Total monthly cost$3,014.79
Interest paid over 5-yr term$114,640.86
Balance at end of term$359,800.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$25,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,652.58

Cash Needed at Closing

Minimum down payment$25,000
Estimated BC PTT$8,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,500

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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