Property Type: Detached HouseOwnership: Freehold

5088 207 STREET

Langley, BC V3A7T8

$1,089,900

3 bed2 bath4 parking1,576 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
6,039 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,436.45 (2026)

Interior

Basement
Finished, Crawl space
Heating
Forced air
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3150011
Listed
July 27, 2026
Time on market
On the market for 35 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Sutton Premier Realty · Data source: CREA DDF.

Description

Same owners for 36 years - this well-maintained 1,576 sqft rancher with 3 bedrooms & 2 bathrooms is ready for its next chapter! The spacious living room, with a cozy gas fireplace, flows seamlessly into the dining room. The kitchen features solid oak cabinets and opens to the family room and outside patio - ideal for everyday living and entertaining. The primary bedroom offers his & hers closets with a private ensuite, plus 2 additional bedrooms and a full bathroom. Set on a flat 6,039 sqft lot, there's room for gardening, pets, and kids to play, plus a shed for extra storage. Walking distance to elementary and middle schools, shopping, parks, dog parks, trails, a swimming pool, and Newlands Golf Course - with the upcoming SkyTrain station close by. This home offers the ease of single-level living, perfect for both young families and downsizers alike. Photos contain virtual staging. (id:63159)

Values & Trends

This listing

$692/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 4 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.

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

7

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
Blacklock Fine Arts ElementaryElementary167 m
Douglas Park CommunityElementary730 m
H D Stafford MiddleMiddle741 m
Whytecliff Agile Learning Centre-Langley(Independent)Elementary1.3 km
Uplands ElementaryElementary1.3 km
Simonds ElementaryElementary1.3 km
Nicomekl ElementaryElementary1.4 km
Murrayville Academy(Independent)Elementary1.6 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 51B Ave @ 207 St175 m
Westbound 51B Ave @ 207 St206 m
Eastbound 51B Ave @ 206 St252 m
Northbound 208 St @ 51B Ave307 m
Westbound 51B Ave @ 206 St322 m

Nearby Places

Parks (5+)

  • Langley City Park285 m
  • Nicholas Park295 m
  • Nicomekl Floodplain394 m
  • Nicomekl Floodplain501 m
  • Nicomekl Park547 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($83,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$871,920.00
Periodic payment — Principal & Interest (monthly)$5,625.33
Additional monthly expenses (strata, tax, utilities, etc.)$532.04
Total monthly cost$6,157.37
Interest paid over 5-yr term$249,894.78
Balance at end of term$784,294.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$83,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,735.10

Cash Needed at Closing

Minimum down payment$83,990
Estimated BC PTT$19,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$105,288

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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