Condo
$519,000
608 8551 201 Street
Langley4 days on market
MLS® R3172905
1 / 34
2 bed · 2 bath · 1,249 sq ft · 1 parking
Condo · Single Family · built 1990 · 57 days on market
Listed by Tania Nagy, Royal LePage - Wolstencroft
Realtor's description
Glenmont Park, a 55+ community offering comfortable living in this spacious 1,249 sq. ft. two-bedroom, two-bathroom condo (one has walk-in tub). Main living areas feature beautiful hardwood flooring, a cozy gas fireplace and a living area and Primary bedroom both with large sliding doors that open to a nice sized westerly-facing deck with direct view of the courtyard. The kitchen includes an inviting eating area, while the large laundry room provides excellent additional storage. Conveniences include STORAGE FOR YOUR RV and a locker on the same level. This is a no-pet complex, offering a peaceful and well-kept environment. STRATA FEE INCLUDES Elec/Gas/Hot water, a wonderful opportunity for those looking for spacious, low-maintenance living.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,249 sq ft
- Parking
- 1
- Year built
- 1990
- Property tax
- $2,305 / yr
- Strata fee
- $528 / mo ($0.42 / sq ft)
- Strata rules
- Pets not Allowed, Age Restrictions
- Days on market
- 57
- MLS®
- R3155601
Features
- Pets not Allowed
- Age Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,528/mo
Mortgage $1,808 · Tax $192 · Strata $528
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,203/mo
- After all costs
- −$536/mo
- Cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $1,808 · tax $192 · strata $528 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Langley (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
LangleyGoogle Maps ↗
Schools
Catchment schools, Langley School District 35
- Elementary Douglas Park Elementaryhomes in this catchment
200 m away · 5409 206 St, Langley · 604-533-4491
- Middle H.D. Stafford Middlehomes in this catchment
1.0 km away · 20441 Grade Cres, Langley · 604-534-9285
- Secondary Langley Secondaryhomes in this catchment
2.0 km away · 21405 56 Ave, Langley · 604-534-4171
From the Langley School District 35's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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