219 5516 198 St, Langley BC - Apartment/Condo for Sale - MLS# R3090626

$409,900
Est. Mortgage $1,813/mo
Madison Villas
2 Beds
1 Baths
684 sqft
599 $ /sqft
375.93 $ Maint. fee
2008 built
14.6% price reduction
$409,900
$479,900
Est. $1,813/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 219 5516 198 Street

14.6% price reduction

Bright second-floor 2-bedroom, 1-bath apartment in Madison Villas, professionally measured at 684 sqft. Open-concept kitchen with granite countertops, ceramic cooktop, stainless steel appliances, and ample storage. Spacious living and dining areas ideal for entertaining. Primary bedroom features walk-through closet and 4-piece cheater ensuite, second bedroom with closet (no window). In-suite laundry, air conditioning, underground parking, storage locker, and gym access. Steps to Brydon Park, trails, off-leash dog area, and close to restaurants, shopping, golf course, schools, and bus stops. Only 15-minute walk to the future SkyTrain at Cascade Casino. Move-in ready with strong long-term value.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric, Heat Pump
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Vinyl, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $409,900
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 684
Year Built 2008
Age Of Building 18
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Other, Snow Removal
Building Name Madison Villas
Ownership Type Freehold Strata
Maintenance Fee $375.93
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Recreation Facilities, Maintenance Grounds, Hot Water, Management, Other, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Lane Access, Side Access, Asphalt, Concrete, Garage Door Opener
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 69

Lot & Land

MLS® # R3090626
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 0A6
Gross Taxes $1,774.39
Zoning MF

Property Timeline

Status Date Price
R3090626 / Active 02-13-2026 $409,900
Rooms
Floor Type Dimensions
Main Level Foyer 7'6 x 7'6 ft
Main Level Living Room 10'11 x 10'11 ft
Main Level Dining Room 8'8 x 8'8 ft
Main Level Kitchen 8'2 x 8'2 ft
Main Level Primary Bedroom 12'10 x 12'10 ft
Main Level Bedroom 7'8 x 7'8 ft
Main Level Laundry 8'0 x 8'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal LePage West Real Estate Services

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.

Map & Neighbourhood

Public Schools

Elementary
Nicomekl Elementary School
0.74 km
Middle
H. D. Stafford Middle School
1.93 km
Secondary
Langley Secondary School
3.13 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
The Global School
0.12 km
Secondary
Whytecliff Agile Learning Centre (Langley)
1.57 km

Closest Transit

Bus Stop
Eastbound 56 Ave @ 198 St
0.17 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
1.11 km

Demographics

Post-Secondary Education
Below Average
13.1%
No Certificate/Degree
Above Average
18.5%
Owner Occupied
Above Average
76.2%
Employment Rate
Below Average
50.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 219 5516 198 Street

Mortgage Calculator for 219 5516 198 Street

/month
Principal & Interest
Property Taxes $148
Maintenance fee 375.93
Based on a 30-year fixed at 4% interest with 20% down ($81,980), the estimated monthly payment for this listing is $2,090/month — $1,566 principal & interest, $148 property tax, $376 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $1,688/month, this property runs a $449/month shortfall after mortgage and carrying costs. Break-even requires approximately 43% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Langley City, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $409,900
Langley Loading...
Langley City Loading...

Based on 12 comparable active apartments/condos in Langley City, the average asking price is $426,900. This listing is priced 4% below the neighbourhood average. This property is flagged as a Hot Deal (14.6% price reduction) based on its competitive pricing and market demand.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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