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Building & Condo information

Madison Villas

5516 198th Street


Langley, V3A 1G2 F6A - Langley City

  • Levels: 4
  • Suites: 69
  • Status: Completed
  • Built: 2008
  • Title To Land: Freehold Strata
  • Building Type: Strata
  • Strata Plan: BCS3201
  • Bldg#: 5099

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Madison Villas MLS® Listings

408 5516 198 STREET 3 Bed, 2 Bath,1041 Sqft.  $479,000 Century 21 Coastal Realty Ltd.
311 5516 198 STREET 1 Bed, 1 Bath,675 Sqft.  $334,500 RE/MAX Treeland Realty
110 5516 198 STREET 2 Bed, 1 Bath,789 Sqft.  $389,900 Sutton Group-West Coast Realty
214 5516 198 STREET 2 Bed, 1 Bath,677 Sqft.  $338,500 Homelife Benchmark Titus Realty

MLS® Listings Summary (4) New Projects under Construction  Area MLS® Listings  Team Listings 
(Open houses highlighted in yellow)

MLS® Address Style BD BA Area Mnt Price F/Plan
1 R2477786 408 5516 198 Street Upper Unit 3 2 1,041 $355 $479,000 N/A
2 R2480194 311 5516 198 Street 1 Storey 1 1 675 $228 $334,500 N/A
3 R2473618 110 5516 198 Street Corner Unit, 2 1 789 $302 $389,900 N/A
4 R2469546 214 5516 198 Street End Unit 2 1 677 $228 $338,500 N/A
Listings Listed By:  1. Century 21 Coastal Realty Ltd.    2. RE/MAX Treeland Realty    3. Sutton Group-West Coast Realty    4. Homelife Benchmark Titus Realty   
Legend: BD - Bedroom, BA - Bathroom, Mnt - Maintenance Fee, $/sqft - Dollars per square foot.
MLS® Listings Summary Print view

MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Building Info

Madison Villas - 5516 198 St, Langley, BC V3A 0A6, BCS3201. Located on Street 1  and Street 2 in a convenient neighbourhood of Langley City. Madison Villas built in 2008, offers 69 homes that are well maintained and professionally managed by Remi: 604-530-9944. This is a prime location just minutes away from Willowbrook Centre, Vanilla Room, Red Robin Resturant, Olive Garden, Montana Cookhouse.   Transit and major routes are close by and within walking distance. Features of Madison Villas include in-suite laundry and a recreation centre. Restrictions of Madison Villas includes, two pets.

Strata Sub Categories: Strata
 

Madison Villas Technical Info

Building Name Madison Villas
Address 5516 198th Street
City Langley
Neighborhood Langley City
Listing Price Range N/A
Floors 4
Units in Development: 69
Units in Strata:69
Property Types Freehold Strata
Sub Categories:Strata
Year Built 2008
Restrictions Details
Strata Plan BCS3201
Title to Land Freehold Strata
  

Madison Villas Building & Common Area Photos

Madison Villas - 5516 198 St.
Madison Villas - 5516 198 St.
Madison Villas - 5516 198 St.
Madison Villas - 5516 198 St.

Madison Villas Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Marquee - 19752 55A AVE - EPS1969
  2. B The Terraces Two - 19790 55A AVE -
  3. C Brooklyn Wynd - 5488 198TH STREET - BCS1942
  4. D Zora - 19830 56TH AVE - BCS3128
  5. E Southbrook - 5474 198TH STREET - BCS2540
  6. F Madison Station - 19760 56TH - BCS2040
  7. G Madison Station - 19774 56TH AVE - BCS2040
  8. H Brydon Walk - 5454 198TH STREET - BCS2287
  9. I The Wesley - 5475 Brydon CRES -
  10. J Madison Station - 19774 56 AVE - BCS2040
  11. K Rosie Court - 19860 56TH AVE - NWS2297
  12. L Madison Place - 19730 56TH AVE - BCS2487
  13. M Creekside Estates - 5438 198TH STREET - BCS1314
  14. N Chenier Place - 19908 56TH AVE - LMS772
  15. O Creekside Villas - 5438 198 STREET - BCS1314
  16. P Madison - 19720 56TH AVE - BCS2487
  17. Q Mason Court - 19897 56TH AVE - LMS3986
  18. R 19920 56th - 19920 56TH AVE - NWS3404
  19. S Mclellan Corner - 19690 56TH AVE - NWS2850
  20. T Willowgate - 19700 56TH AVE - LMS4044
  21. U Bearing Pointe - 19936 56TH AVE -
  22. V Madison Crossing - 19939 55A AVE - BCS3809
  23. W Bearing Pointe - 19936 56 AVE - BCS4421
  24. X Tulip Court - 19952 56TH AVE - NWS2463
  25. Y 19962 56th - 19962 56TH AVE - NWS2646
  26. Z Bayside Court - 19953 55A AVE - LMS1894
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June 2020 Market Insights | REBGV

BCREA Housing Market Update (July 2020)

Sales in BC for June are up 17% from last year. Listings in June are still below average.

Understanding the Buyer’s Agency Exclusive Contract

what are the information that need to know about the Buyer's Agency Exclusive Contract.

May 2020 Market Insights

Sales for May are up 34% from April and down 44% for May last year. Listings are down 37% from the same period last year, but 59% increase over April listings

BCREA Housing Market Update (June 2020)

Province May sales were down 45% compared to May 2019. Listings are down 10% year-over-year.

Real Estate Related News Articles(Sun and Province) Search News  

Mandarin 
# Article Publish Date Source
1 Greater Vancouver Condo Pre-Sales Cut In Half, New Inventory Delayed

The pandemic drove Greater Vancouver new home sales off a cliff, but things have improved… a little. MLA Canada, a Vancouver-based real estate firm specializing in condo pre-sales, observed an increase in absorption for June. 


Condo Pre-sales at the same as June last year #LesTwarog
2020/07/30 other
2 Bill 197 condo owners needs to know

While Bill 197 is unlikely to make headlines for its real estate components – it is an exceptionally broad piece of legislation – it could lead to increased costs for developers. Anyone who has dabbled in the new construction space will know what that means.

“At the end of the day, when they say ‘The developer has to pay this, and the developer has to pay that,’ there’s only one person who pays for that – that’s you and me who buy the house,” says Leor Margulies of Robins Appleby Barristers and Solicitors. “The developer doesn’t pay for anything. If the cost is too high, he doesn’t do the project. If the cost can be passed on in a purchase price, then the purchaser pays for that.”


Will Bill 197 make condos more expensive for Ontario home buyers? #LesTwarog
2020/07/30 Mortgage Broker News
3 The impact of Covid-19 increasing the rental availability in downtown Toronto

“The influx in inventory gives renters more options to choose from at a better price, which is a very different picture from last year when rental vacancies were at an all-time low.”


Zoocasa: Rental supply up 257% in downtown Toronto #LesTwarog
2020/07/24 Mortgage Broker News
4 1 out of 10 Canadians thinking to move back home

Approximately one million Canadians (4 per cent) said they are thinking of moving in with family. 

Of those moving, by far the biggest trend are grown adults moving back in with their parents. About 1.5 million Canadians have said they have moved home due to the COVID-19 crisis, and 860,917 parents have said their kids have already moved back in. 


One million adults plan to move back home #LesTwarog
2020/07/23 Western Investor
5 Teranet-National Bank data report that housing market will slowdown

Teranet addressed the optimism shown in other reporting data. The organization remained cautious, however, about the state of Canada’s housing market. 

“According to CREA, overall Canadian home sales returned to a more normal level, and this should be soon reflected in land registries,” the release reads. “But question marks still lie ahead. We expect the Canadian unemployment rate to remain elevated for a while. In this context, demand for housing may decrease due to a reduction in immigration and would-be first-time homebuyers not being able to qualify for a mortgage loan.”


Despite recent sales activity, fresh Teranet-National Bank data points to decl
2020/07/21 Mortgage Broker News
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