Open houseCondo
$599,000
16% less per sq ft307 6440 197 STREET
Langley47 days on market
2 bd2 ba1,139 sq ft
MLS® R31565201 / 38
$574,800
7 20229 FRASER HIGHWAY
Langley · MLS® R3169725
3 bed · 3 bath · 1,336 sq ft · 2 parking
Townhouse · Single Family · built 1982 · 12 days on market
Listed by Steve Klassen, RE/MAX Treeland Realty
Realtor's description
Character & charm abound in this retro-boutique 3-level Langley Place townhome. Vibrant downtown location nestled near shops, dining, & transit (& future skytrain), & a short skip to parks & trails. Loft-style living w/ 3 bedrooms & 3 bathrooms! Elevator & stair access options up to the courtyard entry to the main floor; bright & open plan w/ living & eating areas w/ vaulted ceiling, feature fireplace w/ stone surround, legendary "bubble window", & glass slider to balcony. Kitchen w/ white shaker cabinets, breakfast bar, quartz counters, & stainless appliances. 3-pc bathroom & foyer w/ open staircase to upper loft/bedroom. Lower level w/ a private entry features a large primary bedroom w/ 2-pc ensuite, & access to a huge, partially covered "rooftop" patio. 3rd bedroom & full 4-pc bathroom.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 3
- Bathrooms
- 3
- Living area
- 1,336 sq ft
- Parking
- 2
- Year built
- 1982
- Property tax
- $2,982 / yr
- Strata fee
- $482 / mo ($0.36 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 12
- MLS®
- R3169725
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$3,234/mo
Mortgage $2,504 · Tax $249 · Strata $482
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
- $2,216/mo
- After all costs
- −$1,371/mo
- Cap rate
- 2.4%
- yearly net rent ÷ price
Costs: mortgage $2,504 · tax $249 · strata $482 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 Douglas Park Elementaryhomes in this catchment
900 m away · 5409 206 St, Langley · 604-533-4491
- Middle H.D. Stafford Middlehomes in this catchment
1.8 km away · 20441 Grade Cres, Langley · 604-534-9285
- Secondary Langley Secondaryhomes in this catchment
2.4 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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