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Portage Estates

5201 204th Street


Langley, V3A 5X1 F6A - Langley City

  • Levels: 2
  • Suites: 85
  • Status: Completed
  • Built: 1977
  • Title To Land: Freehold Strata
  • Building Type: Strata Townhouses
  • Strata Plan: NWS266
  • Bldg#: 4956

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Portage Estates MLS® Listings

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Building Info

Portage Estates - 5201 204th Street, Langley, BC V3A 1Z1, Strata Plan No. NWS266, 2 level, 81 townhouse development, built 1975 - located at the corner of 204th Street and 53rd Avenue in Langley City. The Portage Estates complex has 81 units with 63 units on 5181, 5191, 5201, 5211, 5231, 5241, 5251, 5261 and 5271 204th Street, and 18 units on 20350, 20370 and 20390 53rd Avenue. These family oriented townhouses have many great features including Picture windows living rooms, bright white kitchens with eating area and sliders to decks, plenty of cabinet space and lots of cupboards, 5x6 storage rooms, and large fenced patios. Also, the Portage Estates comlex has been updated in 2007 included moldings, baseboards, front doors, new roof, and new vinyl siding. Residents also have an outdoor pool for summer fun, a great playground, and a lush greenspace courtyard to enjoy.

Awesome location! From major transit routes like Fraser Highway, Glover Road and the Langley Bypass to bus transportation and from tonnes of shopping at Langley Mall, Valley Centre Strip Mall, Willowbrook Shopping Centre and big box retailers, the Portage Estates townhouses are ideally situated for families. Community amenities such as the Langley City Hall & Library, swimming pools, recreational facilities, the Douglas Recreation Centre, Langley Chamber of Commerce, Cascade Casino and top ranked schools are also nearby. Best of all, the entire townhouses community is surrounded by green spaces at City Park, Hi-Knoll Park, Linwood Park, Douglas Park and Nicomekl Park.  The Portage Estates complex is managed by Century 21 604-232-3043. 2 pets allowed, rentals allowed with restrictions.

Strata Sub Categories: Strata Townhouses
 

Portage Estates Technical Info

Building Name Portage Estates
Address 5201 204th Street
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 2
Units in Development: 85
Units in Strata:85
Property Types Freehold Strata
Sub Categories:Strata Townhouses
Year Built 1977
Restrictions Details
Strata Plan NWS266
Title to Land Freehold Strata
  

Portage Estates Building & Common Area Photos

Portage Estates - 5201 204th St, Langley, BC - Birds eye view
Portage Estates - 5201 204th St, Langley, BC - Birds eye view
Portage Estates - 5201 204th St, Langley, BC - Birds eye view
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior
Portage Estates - 5201 204th St, Langley, BC - Building exterior

Portage Estates Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Portage Estates - 5181 204TH STREET - NWS266
  2. B Portage Estates - 5211 204TH STREET - NWS266
  3. C Portage Estates - 5221 204TH STREET - NWS266
  4. D South Wynde Court - 5224 204TH STREET - NWS1816
  5. E Portage Estates - 5231 204TH STREET - NWS266
  6. F Portage Estates - 5241 204 ALLEY - NWS266
  7. G Portage Estates - 5261 204TH STREET - NWS266
  8. H Portage Estates - 5191 204TH STREET - NWS266
  9. I Portage Estates - 5271 204 STREET - NWS266
  10. J Portage Estates - 20390 53 AVE - NWS266
  11. K Portage Estates - 20350 53RD AVE - NWS266
  12. L Portage Estates - 20370 53RD AVE - NWS266
  13. M Waters Edge - 5294 204 STREET - NWS1817
  14. N Longlea Estates - 5191 203RD STREET - NWS877
  15. O Countryside Estates - 20453 53 AVE - LMS1236
  16. P Countryside Estates - 20443 53RD AVE - LMS1236
  17. Q Countryside Estates - 20433 53RD AVE - LMS1236
  18. R River's Edge - 20454 53RD AVE - NWS1815
  19. S Mcmillan Place - 5303 204TH STREET - NWS845
  20. T Macmillan Place - 5305 204TH STREET - NWS845
  21. U Mcmillan Place - 5307 204TH STREET - NWS845
  22. V Mcmillan Place - 20301 53RD AVE - NWS845
  23. W Mcmillan Place - 5301 204TH STREET - NWS845
  24. X Mcmillan Place - 20303 53RD AVE - NWS845
  25. Y Rosewood - 20484 53RD AVE - NWS2918
  26. Z Macmillan Place - 20305 53RD AVE - NWS845
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September 2021 Market Insights

August 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4 per cent increase from the 3,047 sales recorded in August 2020, and a 5.2 per cent decrease from the 3,326 homes sold in July 2021.

July 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3 per cent increase from the 3,128 sales recorded in July 2020, and an 11.6 per cent decrease from the 3,762 homes sold in June 2021.

June 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.

May 2021 Market Insights

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,268 in May 2021, a 187.4 per cent increase from the 1,485 sales recorded in May 2020, and a 13 per cent decrease from the 4,908 homes sold

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Over two years after its introduction, though, the jury is still out on whether the First-Time Home Buyer Incentive, unveiled by the federal government in September 2019, has had any significant impact in addressing the mounting challenges faced by would-be homeowners across the country.

Figures released to Parliament in April painted a damning picture of the program, revealing that it had seen an uptake of just over 9,000 successful applicants since its introduction – with the $170 million released in incentives representing a small fraction of the program’s $1.25 billion overall value.

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While the government introduced changes to the program late last year – announcing increased household income and buyer’s income thresholds for Vancouver, Victoria and Toronto – those amendments still meant that the program’s maximum eligible home price remained well below the going rate in those markets.

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Still, the governing Liberals have stuck resolutely by the plan, announcing in their platform prior to September’s federal election – in which they were returned to government, having emerged once more as the largest party in Parliament – that they would retain and rejig the scheme if re-elected.

Under that platform’s proposals, changes to the program would give applicants a choice between the current shared-equity approach and a loan that’s repayable when the property is eventually sold – theoretically allowing new homebuyers to keep more of any increase in their home’s value while also reducing mortgage costs.

CanWise Financial president and RateHub co-founder James Laird told Canadian Mortgage Professional in recent weeks that the First-Time Home Buyer Incentive was an “illogical, complex program” that made little sense and should have been abandoned completely, rather than reworked.

In Newfoundland and Labrador, Robert Jennings (pictured top), owner and mortgage broker at East Coast Mortgage Brokers, said that while the scheme was often raised as a topic among clients, actual uptake had proven limited.

“I would say we have a fair amount of conversations, but it doesn’t lead to a lot of usage,” he said. “The usage rate is very low. I believe if I were to pinpoint it, the lean on the property [government involvement] would be really discouraging to a young, proud first-time homebuyer.

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While Jennings said that the scheme had arguably fallen short in its attempts to create a smoother path to first-time home ownership, he believes efforts at a federal level to address the country’s growing housing affordability crisis are to be applauded.

“Everybody made it a big deal in their platforms – not just first-time home ownership, but home ownership in general and affordability,” he said. “I just really hope that they re-evaluate everything.

“They had good intentions, but I feel like they missed the mark. There’s no reason not to try; the problem’s not going away. I’d like to see what happens when the dust settles and I hope that it [the housing crisis] remains a priority, because they certainly made it seem like it would on the campaign trail.”

A good place to start, Jennings said, would be for the federal government to work collaboratively with stakeholders and those who work daily in the mortgage and housing industries – whether that be on changes to the stress test or potential longer-term amortizations.

“What I want is them not to do things blindly,” he said, “to embrace input, do their homework and try to get it done – but also get it done right.”

 

 

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