607 5398 207 Street

Langley · MLS® R3178672

all units at 5398 207 St →

221

708 sq ft · Condo · Single Family · built 2025 · listed today

listed by Judy Dou, Luxmore Realty

realtor's description

Welcome to Vera Langley Downtown! B5 floorplan 2B2B offers modern living just an 8-minute walk to the future SkyTrain station (coming 2028). Featuring 9' ceilings, wall-mounted A/C, and a sleek open-concept kitchen with Italian appliances and real wood cabinetry. Includes 1 EV parking stall and a large same-floor locker for ultimate convenience. Steps to shopping at Walmart Supercentre Langley, Willowbrook Shopping Centre, and dining options. Walking distance to schools like Douglas Park Elementary School and Langley Secondary School. Great for families with kids or pets! Showroom open Tues/Thurs/Sat 1-5pm at 101-5398 207 Street.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 708 sq ft
parking: 1
year built: 2025
strata fee: $227 / mo ($0.32 / sq ft)
strata rules: Pets Allowed, Rentals Allowed
days on market: 0
MLS®: R3178672

features

Pets Allowed
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

the market here

listed now: 48 days; median for 369 condos for sale; this one listed today

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

monthly cost

$2,361/mo

Mortgage $2,135 · Strata $227

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

estimated payment

$2,135/ monthly

loan $392,000

25-year amortization

down payment20% · $98,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $248,465
property transfer tax: $0; $7,800 less $7,800 newly built exemption
cash to close: $98,000; down + PTT
total paid: $640,465

first-time buyernewly builtforeign national

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.

if you rented it out

rent: $2,490/mo
after all costs: −$106/mo
cap rate: 5.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,135 · strata $227 · 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

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 ↗

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.

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.

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