411 5516 198TH ST, Langley BC V3A 1G2, Langley, BC

$489,999
Est. Mortgage /mo

MLS® R2913668

Closed

$490,411
Closed at 03 Oct 2024
Listing price: $489,999
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
1 Beds
1 Baths
1 Stories
$ 364.92 Maint. Fee
698 sqft
2008 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Welcome to Madison Villa! Enjoy this lovingly maintained 698 SF unit with Open-concept,1 Bedroom plus Den with Closet (Can be used as 2nd Bedroom/Office). This very clean unit is located on the top floor where Exercise room is just down the Hall. Centrally located & close to Willowbrook Shopping Centre & many other shopping areas/strip malls, Coffee shops, Restaurants, Brydon Park, Schools,(Global Montessouri School is located just up the Street from this family friendly complex), Kwantlen College, Close walking distance to public transit & Future Skytrain location. Easy access to Langley Bypass/Highway #10. BONUS - 2 Side-by-Side Parking Stalls & full Storage Locker on 3rd Floor! OPEN HOUSE - Sunday, August 18th - 1pm to 3pm.

General Info

Price $489,999
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 698
Lot Size -
Lot Size Depth Feet
Lot Size Frontage -
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 2008
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Features BuildingFeatures
Structures Multi Family, Residential Attached

Additional Details

MLS # R2913668
Area Langley
Neighbourhood Langley City
City Langley
Gross Taxes $1,663.96
Ownership Type Freehold Strata
Maintenance Fee $364.92
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Side Access, Garage Door Opener
Total Parking Spaces 2

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Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions -
Zoning MF
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Carpet
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker 1
View -
View Description -
Units In Development 69
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 10-03-2024 $489,999
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Listed by: Sutton Group - Dream Home Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Secondary
Langley Secondary School
3.18 km
No Rating
Middle
H. D. Stafford Middle School
1.95 km
No Rating
Elementary
Nicomekl Elementary School
Below Average
0.76 km
Rating 3.3/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
The Global School
0.11 km
No Rating
Secondary
Whytecliff Agile Learning Centre (Langley)
1.61 km
No Rating

Closest Transit

Translink
Westbound 56 Ave @ 198 St
0.19 km

This home with address 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is also serviced by Langley Secondary School and located 3.18 km from it. Langley Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 411 5516 198TH STREET, Langley BC V3A 1G2 is The Global School with School's rating No Rating, located 0.11 km from this home.

The closest to this address 411 5516 198TH STREET, Langley BC V3A 1G2 Secondary independent school is Whytecliff Agile Learning Centre (Langley) with School's rating No Rating, located 1.61 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 5,095 volation disturbances in this neighbourhood. The overall crime rate near the address - 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is 18,344.49. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has High rate in 2020. Year by year change in the total crime rate is -16.68%

Drug crime rate next to the listing MLS® R2913668 is High comparing to other neighbourhoods. The illegal substances offences rating is 860.52. There were 239 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -6.66%

Property crimes in the neighbourhood close to real estate listing for sale 411 5516 198TH STREET, Langley BC V3A 1G2 are High. Property misconduct rating adjacent to MLS® R2913668 is 7,381.00. There were 2,050 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -26.88%

There were 619 violent lawbreaking disorders in 2020. 2,228.70 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -19.73%

The closest Bus station is Westbound 56 Ave @ 198 St in 0.19 km away from this listing with - MLS® R2913668.

13.1% of people with university certificate/degree live in this neighbourhood adjacent to the 411 5516 198TH STREET, Langley BC V3A 1G2 which is Below Average in comparison with other BC neighbourhoods. 18.5% of population in this neighbourhood that is near the Listing MLS® R2913668 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is $57173 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2913668 is $34746 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 76.2% which is High.

Unemployment rate in the area around Real Estate Listing # R2913668 is 7 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 411 5516 198TH STREET, Langley BC V3A 1G2 Langley City where population change between 2011 and 2016 was 17.6%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is 1868.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 411 5516 198TH STREET, Langley BC V3A 1G2 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2913668 is 50.4% and it is Below Average. % of Married or living common law is around 51% and it is Below Average.

Average age of the population close to the 411 5516 198TH STREET, Langley BC V3A 1G2 is 40.4 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is $339291 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 411 5516 198TH STREET, Langley BC V3A 1G2. $1203 owners spent in average for the dwelling. Tenants are paying $1031 in this district close to MLS® R2913668 and it is Average comparing to other cities.

47.4% of Population in this district near the 411 5516 198TH STREET, Langley BC V3A 1G2 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is 4.8%, it is Below Average, % of English speakers only is 93.8% and Above Average. % of Neither English nor French speakers close to home for sale 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC is 1.4% and it is Average comparing to other BC cities.

7% of all population in the area around this property with the address 411 5516 198TH STREET, Langley BC V3A 1G2, Langley, BC using Public Transport which is Below Average, 85.7% of using population are using Cars around MLS® R2913668, which is Average. 0% of people using Bicycles around the 411 5516 198TH STREET, Langley BC V3A 1G2 and it is . 5.8% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 364.92
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $489,999
Langley $458,158
Langley City $432,489
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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