Land
$705,900
7340 196 STREET
Langley65 days on market
MLS® R3152303
1 / 36
2 bed · 2 bath · 861 sq ft · 2 parking
Condo · Single Family · built 2023 · 164 days on market
Listed by Amandeep Bedi, Royal LePage Global Force Realty
Realtor's description
ATRIUM invites you to functional and refined design. 2 Bed 2 Bath Top Floor Unit With Stainless steel appliances, quartz countertops and engineered laminate flooring anchoring the warmth & comfort of your new condo oasis. Resonating within ATRIUM and an emphasis on healthy & chic, the amenity spaces, (entertainment, Games Room, gym, meeting areas) deliver luxury + style with special touches for a wholesome lifestyle. Close to Schools, Walmart, Costco, Save on Foods, Willow brook Shopping Centre and many more shopping and eating places. Easy access to Fraser Hwy, Hwy 10 and Hwy 1. Close to upcoming new SkyTrain Station. This unit has 2 PARKINGS and 1 STORAGE LOCKER.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 861 sq ft
- Parking
- 2
- Year built
- 2023
- Property tax
- $2,247 / yr
- Strata fee
- $331 / mo ($0.38 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed
- Days on market
- 164
- MLS®
- R3115864
Features
- Pets Allowed
- Rentals Allowed
- Washer
- Refrigerator
- Intercom
- Dishwasher
Monthly cost
$3,023/mo
Mortgage $2,505 · Tax $187 · Strata $331
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
- −$1,031/mo
- Cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,505 · tax $187 · strata $331 · 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 Nicomekl Elementaryhomes in this catchment
500 m away · 20050 53 Ave, Langley · 604-533-1468
- Middle H.D. Stafford Middlehomes in this catchment
1.6 km away · 20441 Grade Cres, Langley · 604-534-9285
- Secondary Langley Secondaryhomes in this catchment
3.1 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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