541 7588 198B STREET
Langley, BC V2Y3X9
$384,900
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $223/mo
- Annual property tax
- $0 (2026)
Interior
- Basement
- None, Unknown
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Exterior & Lot
- View
- View
Parking
- Total spaces
- 1 — uncovered indicated
- Features
- Underground, Underground, Visitor Parking
Restrictions & Policies
- Pets
- Allowed
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Listing Information
- MLS®
- R3151428
- Listed
- July 30, 2026
- Time on market
- On the market for 32 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Prima Marketing · Data source: CREA DDF.
Description
MATTEO by ML Emporio! Willoughby's fastest selling condos now under construction! A collection of 212 studio to 2bed/den homes, centrally located at 198B Street & 76 Avenue, where the three unique communities of Willoughby, Willowbrook and Carvolth converge. Enjoy easy access to Willoughby Community Park, Langley Events Centre and nearby Latimer Village, all offering extensive dining, sports, and social conveniences. Families benefit from onsite Montessori pre-school/daycare, and just walking distance to top Elementary and High-Schools. Kwantlen and Trinity Western Universities just minutes drive away. Unprecedented buyer credits now at MATTEO! Visit our interactive presentation centre on Saturday at 10522 King George Boulevard, Surrey from 12pm-5pm. (id:63159)
Values & Trends
This listing
$776/sqft
Building average
$782/sqft
2 active listing(s)
Langley average
$635/sqft
423 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Abbotsford
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
22
3/9 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
| School | Type | Distance |
|---|---|---|
| R E Mountain Secondary | Secondary | 646 m |
| Peter Ewart Middle School | Middle | 754 m |
| Maddaugh Elementary | Elementary | 981 m |
| R C Garnett Demonstration Elementary | Elementary | 1.2 km |
| Donna Gabriel Robins Elementary | Elementary | 1.4 km |
| Hazelgrove Elementary | Elementary | 1.9 km |
| Katzie Elementary | Elementary | 1.9 km |
| Willoughby Elementary | Elementary | 2.0 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 200 St @ 7500 Block | — | 241 m |
| Northbound 200 St @ 7600 Block | — | 289 m |
| Northbound 200 St @ 7800 Block | — | 660 m |
| Northbound 200 St @ 72 Ave | — | 743 m |
| Northbound 202A St @ 76 Ave | — | 760 m |
Nearby Places
Restaurants (3)
- Sushi Mura231 m
- Pizza Corner245 m
- （蜀莊）Grand Chinese Restaurant Langley · 7280 200 Street722 m
Parks (4)
- Carvolth Greenway651 m
- Willoughby Community Park699 m
- Duffy Greenway751 m
- West Willoughby Park778 m
Gyms (1)
- Lagree Room198 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
Other Listings in This Building
Other units currently listed in the same building. 541 7588 198B STREET
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.