Property Type: Detached HouseOwnership: Freehold

4965 198B STREET

Langley, BC V3A6L4

$1,649,900

3 bed3 bath10 parking1,911 sqftBuilt 1976
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
House
Lot size
11,761 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,460.05 (2025)

Interior

Basement
None, Unknown
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View of water, Ravine view

Parking

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

Listing Information

MLS®
R3142827
Listed
July 6, 2026
Time on market
On the market for 56 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX 2000 Realty · Data source: CREA DDF.

Description

Nestled on a quiet cul-de-sac in the desirable Mason Heights neighbourhood, this beautifully renovated home sits on an impressive 11,761 sq. ft. (0.27-acre) lot backing onto Conder Park with tranquil views of Willock Brook Pond. Boasting approximately $200,000 in quality upgrades, this bright and inviting home features hardwood flooring, two modern gas fireplaces, a stunning updated kitchen with premium appliances, quality cabinetry, and sleek countertops. The spacious family room opens to a private, beautifully landscaped backyard complete with a large gazebo, mature greenery, and abundant wildlife. Additional highlights include built-in A/C, a whole-home air purifier, updated lighting, an epoxy-finished garage with EV charger and built-in storage, detached office/studio, RV parking, newer hot water tank, and suite potential. Ideally located close to parks, trails, schools, transit, shopping, and everyday amenities. (id:63159)

Values & Trends

This listing

$863/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 10 stall(s) includedStorage locker: Included

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.

Detached (House) Market Stats — Langley

Monthly figures from the Fraser Valley Real Estate Board for Langley detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,500,900

Jul 2026

Average Sale Price

$1,404,904

Jul 2026

Monthly Sales

79

Jul 2026

Active Listings

439

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

22 days

Jul 2026

MLS® HPI Benchmark Price

$1,875,100
$1,450,700
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

11

1/9 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
Simonds ElementaryElementary679 m
Nicomekl ElementaryElementary680 m
Alice Brown ElementaryElementary1.1 km
H D Stafford MiddleMiddle1.1 km
Blacklock Fine Arts ElementaryElementary1.6 km
Douglas Park CommunityElementary1.7 km
Uplands ElementaryElementary1.9 km
Whytecliff Agile Learning Centre-Langley(Independent)Elementary2.1 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
Southbound 200 St @ 50 Ave255 m
Northbound 200 St @ Grade Cres267 m
Northbound 200 St @ 50 Ave315 m
Westbound Grade Cres @ 200 St349 m
Northbound 200 St @ 48 Ave381 m

Nearby Places

Parks (5+)

  • Conder Park101 m
  • Penzer Action Park450 m
  • Penzer Action Park470 m
  • Buckley Park588 m
  • Sendall Gardens605 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($329,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,319,920.00
Periodic payment — Principal & Interest (monthly)$8,515.68
Additional monthly expenses (strata, tax, utilities, etc.)$801.00
Total monthly cost$9,316.68
Interest paid over 5-yr term$378,292.87
Balance at end of term$1,187,272.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$329,980
Stress test qualifying rate8.09%
Payment you must qualify for$10,149.72

Cash Needed at Closing

Minimum down payment$329,980
Estimated BC PTT$30,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$362,478

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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