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$469,000

308 5363 206 STREET

Langley · MLS® R3172511

2 bed · 2 bath · 1,164 sq ft · 1 parking

Condo · Single Family · built 1989 · 2 days on market

Listed by Jake Johnston, Royal LePage Elite West

Enjoy space, comfort and easy living at Parkway Two! This bright 1,150 sq. ft. home in a welcoming 55+ community features 2 generous bedrooms plus a den, 2 bathrooms and a beautifully renovated kitchen and bathrooms. A spacious living and dining area offers plenty of room to entertain, while the large covered balcony overlooks the park, an inviting spot for morning coffee or relaxing outdoors. The primary bedroom features its own ensuite and a generously sized walk-in closet. Includes one parking stall and a storage locker on the same floor. Residents enjoy a party room, workshop, guest suite and a car-washing station with a vacuum. Shopping, recreation and the seniors' center close by. STRATA FEES INCLUDE HEAT, HOT WATER AND ELECTRICITY! A wonderful opportunity to resize.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,164 sq ft
Parking: 1
Year built: 1989
Property tax: $2,463 / yr
Strata fee: $475 / mo ($0.41 / sq ft)
Strata rules: Pets not Allowed, Rentals Allowed, Age Restrictions
Days on market: 2
MLS®: R3172511

Buying in a building from 1982 to 2000: what to read first

2026 assessment: $421,000 · asking is +11%
Price per sq ft: $403 vs $628 median for condos in Langley for sale (384)
Last sold: $470,000 · Sep 11, 2024

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Pets not Allowed
Rentals Allowed
Age Restrictions
Washer
Refrigerator
Dishwasher

On market 2 days

Listed now: 49 days; median for 384 condos for sale; this one 2 days

Condos in Langley. Sale prices register 1 to 3 months after a sale closes.

FloodplainYes
This address is within a designated floodplain on the provincial floodplain maps (Serpentine & Nicomekl Rivers). Local rules can set things like minimum floor heights; the municipality can confirm what applies.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Langley School District 35

Elementary Douglas Park Elementaryhomes in this catchment
100 m away · 5409 206 St, Langley · 604-533-4491
Middle H.D. Stafford Middlehomes in this catchment
1.1 km away · 20441 Grade Cres, Langley · 604-534-9285
Secondary Langley Secondaryhomes in this catchment
1.8 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.

$2,724/mo

Mortgage $2,043 · Tax $205 · Strata $475

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,043/ monthly

loan $375,200

25-year amortization

down payment20% · $93,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $237,816
property transfer tax: $7,380; BC general rate
cash to close: $101,180; down + PTT
total paid: $613,016

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,203/mo
After all costs: −$732/mo
Cap rate: 3.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,043 · tax $205 · strata $475 · 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

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