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$699,000

405 8157 207 STREET

Langley · MLS® R3169167

All units at 8157 207 St →

2 bed · 2 bath · 1,048 sq ft · 2 parking

Condo · Single Family · built 2017 · 11 days on market

Listed by Eric Jung, Sutton Premier Realty

Realtor's description

2 BEDROOM // 2 BATHROOM // DEN // CORNER UNIT. This unit has everything you've been looking for. The extra corner unit windows and newly painted walls create a bright open concept living space: featuring spacious dinning & kitchen area w/SS appliances (NEW DISHWASHER),5 burner gas stove, Quartz counters (incl bathrooms) and large ISLAND. Master bedroom featuring a large walk in closet & ensuite with double sinks, heated floors & large stand up shower. HUGE (228 sqft) retractable glass solarium w/gas BBQ hook up and MOUNTAIN VIEWS. EXCELLENT LOCATION: Short walk to shops, restaurants, grocery, excellent schools, walking trails, efficient transportation routes (HWY 1& Carvolth BUS LOOP). AIR CONDITIONING & High Efficiency Heat Pump system. EXTRA SIZE storage is a bonus.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,048 sq ft
Parking: 2
Year built: 2017
Property tax: $2,463 / yr
Strata fee: $475 / mo ($0.45 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 11
MLS®: R3169167

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Typical for the area (+6.2%)

2026 assessment: $681,000 · asking is +2.6%
Price per sq ft: $667 vs $628 median for condos in Langley for sale (379)

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.

Property insights

On market 11 days · no price changes so far

The market here

Listed now: 50 days; median for 396 condos for sale; this one 11 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$681,000	$2,463
2025	$740,000	$2,478

Estimated tax down 0.6% from 2025 to 2026.

The listing shows $2,463 a year in property tax.

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.

Monthly cost

$3,726/mo

Mortgage $3,045 · 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

$3,045/ monthly

loan $559,200

25-year amortization

down payment20% · $139,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $354,443
property transfer tax: $11,980; BC general rate
cash to close: $151,780; down + PTT
total paid: $913,643

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.

If you rented it out

Rent: $2,203/mo
After all costs: −$1,734/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,045 · 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

Location

The building's lot: 9,895 m² (106,509 sq ft) · PID 030-000-301. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

LangleyGoogle Maps ↗

Location

LangleyGoogle Maps ↗

Schools

Catchment schools, Langley School District 35

Elementary Willoughby Elementaryhomes in this catchment
500 m away · 20766 80 Ave, Langley · 604-888-6033
Middle Yorkson Creek Middlehomes in this catchment
400 m away · 20686 84 Ave, Langley · 604-888-8065
Secondary R.E. Mountain Secondaryhomes in this catchment
1.4 km away · 7633 202a St, Langley · 604-888-3033

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.

Development nearby

Development permit for a 6 storey, 110 unit building
350 m away · 2022 · under review · 20700 Block of 80 Avenue
Development Permit application to facilitate development of a 6-storey building containing a total of 110 apartments and 1,141.71 m² (12,289.31 ft²) of ground floor commercial space.
Rezoning
390 m away · 2026 · under review · 20882 82 Avenue
Rezone property from Comprehensive Development Zone (CD-145) to Civic Institutional Zone (P-1). The applicant further proposes to subdivide the parcel into 2-lots for the development of a 117-unit senior's housing building with a separate daycare facility, as well as a 120-unit senior's housing building.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: Township of Langley development activity.

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