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404 5398 207 Street
homes for sale · Langley
404 5398 207 Street — photo 1 of 18
1 / 18
$618,000

404 5398 207 Street

Langley · MLS® R3176703

all units at 5398 207 St →

221

691 sq ft · Condo · Single Family · built 2025 · 9 days on market

listed by Jack F. Liu, RE/MAX Crest Realty

realtor's description

Vera at Langley Downtown! Hands down best value 2bed 2 bath available in the building, ready to move in anytime. Smart and affordable living just 8-min walk from the future 2028 SkyTrain. Enjoy 9' ceilings, wall-mounted AC, open layout, and premium Fulgor appliances in a sleek kitchen with quartz counters and soft-close cabinetry. Includes 1 EV-ready parking and 1 locker on the same floor. Located in the heart of Downtown Langley with easy access to shops, parks, and transit. Excellent incentives available-don't miss this opportunity! Different floor plans available, please call for private showings.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
691 sq ft
parking
1
year built
2025
strata fee
$200 / mo ($0.29 / sq ft)
strata rules
Pets Allowed, Rentals Allowed
days on market
9
MLS®
R3176703

features

  • Pets Allowed
  • Rentals Allowed
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove

floor plans

found among the listing photos.

monthly cost

$2,920/mo
Mortgage $2,720 · Strata $200

20% down at 4.44% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment
$2,720/ monthly
loan $494,400
25-year amortization
total interest
$321,571
property transfer tax
$0
$10,360 less $10,360 newly built exemption
cash to close
$123,600
down + PTT
total paid
$815,971
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

listed by
Jack F. Liu
RE/MAX Crest Realty
call Jack · 604-779-5493
Powered by: REALTOR.ca
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similar homes nearby

property tax by year

yearassessedest. tax
2026$481,000$1,740

Estimate: the BC Assessment value times Langley's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

if you rented it out

rent
$2,490/mo
after all costs
−$664/mo
cap rate
4.0%
yearly net rent ÷ price

Costs: mortgage $2,720 · strata $200 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Langley: CMHC's average there ($2,203) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

schools

Catchment schools, Langley School District 35

  • Elementary Douglas Park Elementaryhomes in this catchment

    300 m away · 5409 206 St, Langley · 604-533-4491

  • Middle H.D. Stafford Middlehomes in this catchment

    1.3 km away · 20441 Grade Cres, Langley · 604-534-9285

  • Secondary Langley Secondaryhomes in this catchment

    1.5 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

LangleyGoogle Maps ↗

the market here

listed now
49 days
median for 376 condos for sale; this one 9 days

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

409 5430 201 Street, Langley
Condo
$499,900
33% less per sq ft
409 5430 201 Street
Langley8 days on market
listed by RE/MAX Treeland Realty
2121,184 sq ft
MLS® R3177126
206 8327 201 Street, Langley
Condo
$619,900
206 8327 201 Street
Langley1 day on market
listed by Evergreen West Realty
22
310 20367 85 Avenue, Langley
Condo
$723,999
17% less per sq ft
310 20367 85 Avenue
Langleylisted today
listed by Royal LePage Little Oak Realty
32
43 20451 84 Avenue, Langley
Townhouse
$775,000
43 20451 84 Avenue
Langley112 days on market
listed by Sutton Group-West Coast Realty
33
512 20769 Fraser Highway, Langley
Condo
$575,900
512 20769 Fraser Highway
Langleylisted today
listed by Royal LePage Elite West
22
532 20769 Fraser Highway, Langley
Condo
$550,900
532 20769 Fraser Highway
Langleylisted today
listed by Royal LePage Elite West
22
2
938 sq ft
MLS® R3179037
2
1,381 sq ft
MLS® R3179381
2
1,276 sq ft
MLS® R3143962
1
957 sq ft
MLS® R3179395
1
846 sq ft
MLS® R3179396

location

the building's lot: 724 m² (7,793 sq ft) · PID 000-864-919. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

LangleyGoogle Maps ↗
Drive times
  • Blacklock Elementary3 min
  • Kwantlen Polytechnic University - Langley Campus3 min
  • Langley Secondary4 min
  • Langley Memorial Hospital6 min
  • YVR airport51 min
  • Downtown Vancouver52 min
99

Walkability 99/100 · Very walkable: most errands on foot

Within a 10 minute walk: 6 grocery stores, 37 places to eat or drink, 8 cafes, 16 parks and playgrounds, 4 schools, 3 pharmacies, 33 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

good to know

  • Floodplain

    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

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.