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$559,000

312 5465 201 STREET

Langley · MLS® R3153597

2 bed · 2 bath · 1,230 sq ft · 1 parking

Condo · Single Family · built 1994 · 61 days on market

Listed by Angela Glazema, Sutton Group-West Coast Realty (Abbotsford)

Building RAINSCREENED! FULLY renovated corner unit N<W<S exposure. 1,250 sq. ft. across from a PARK in the heart of Langley! WALK in 5x8 Laundry room, storage, walk to shopping, transit, & all amenities. This MASSIVE bright spacious full corner 2-bdrm, 2-bath home. New Appliances cabinetry, counter tops, 2 HUGE outdoor Deck walk in shower and Primary w/new tub shower enclosure from bath fitters. $50,000+ in upgrades completed within the last 6 months all fixtures, tile work, and flooring through out including a gorgeous ensuite with a new tub and shower enclosure The open-concept living room is filled with natural light from large floor to ceiling windows overlooking mature trees and features a cozy gas fireplace with a new fireplace fan and heat sensor thermostat.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,230 sq ft
Parking: 1
Year built: 1994
Property tax: $3,329 / yr
Strata fee: $394 / mo ($0.32 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 61
MLS®: R3153597

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

Below typical for the area (-27%)

2026 assessment: $621,000 · asking is -10.0%
Price per sq ft: $454 vs $626 median for condos in Langley for sale (385)

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 Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove
Dryer

On market 61 days

Listed now: 49 days; median for 385 condos for sale; this one 61 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
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.

$3,107/mo

Mortgage $2,436 · Tax $277 · Strata $394

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

estimated payment

$2,436/ monthly

loan $447,200

25-year amortization

down payment20% · $111,80020%+ 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: $283,453
property transfer tax: $9,180; BC general rate
cash to close: $120,980; down + PTT
total paid: $730,653

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: −$1,116/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,436 · tax $277 · strata $394 · 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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