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Building & Condo Information

Madison Villas5516 198th Building

5516 198th St.

Langley, BC V3A 1G2

  • Levels4
  • Suites69
  • StatusCompleted
  • Built2008
  • Title to LandFreehold Strata
  • Strata PlanBCS3201
  • ConstructionFrame - Wood
  • AreaLangley
  • NeighbourhoodLangley City
$394,900Avg Asking
1Sold (1yr)
$460,000Avg Sold
$652Avg $/Sqft

Overview

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.

Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Madison Villas specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

For Sale in Madison Villas & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-07-03 219 5516 198 St. Active 2 1 $394,900 ($577/sf) 684 $376 $1774 (2025) Royal LePage West Real Estate Services

Madison Villas Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2025-12-15 216 5516 198 St. 2 1 705 $475,000 $460,000 ($652/sf) $382 $1797 (2025) Real Broker
2025-08-28 320 5516 198 St. 2 1 687 $449,900 $435,000 ($633/sf) $365 $1646 (2024) Stonehaus Realty Corp.
2025-08-26 315 5516 198 St. 2 1 675 $449,900 $445,000 ($659/sf) $376 $1650 (2024) Oracle Realty
2025-05-13 305 5516 198 St. 2 1 687 $478,900 $470,000 ($684/sf) $365 $1646 (2024) Royal LePage - Wolstencroft
2025-04-11 217 5516 198 St. 1 1 597 $430,000 $427,500 ($716/sf) $319 $1514 (2024) Homelife Benchmark Realty Corp.
2025-04-02 209 5516 198 St. 2 2 964 $525,000 $520,000 ($539/sf) $498 $2165 (2024) RE/MAX Treeland Realty
2025-03-01 116 5516 198 St. 2 1 697 $489,900 $483,000 ($693/sf) $371 $1753 (2024) Royal LePage - Wolstencroft

Sold data from the MLS® feed for strata plan BCS3201. Showing the last 24 months by default; expand for up to 80 recent sales.

Madison Villas Market Summary

Madison Villas at 5516 198th St. — currently 1 active listing averaging $394,900. In the past year 1 unit sold at an average of $460,000.

Active Listings1
Avg Asking Price$394,900
Sold (1 Year)1
Avg Sold Price$460,000
Avg $/Sqft$652

Value & Financing

Price Positioning
$577 /sq ft
Active listings here average $577/sf vs $583/sf across Langley City.
In line with the area
Mortgage Snapshot
$1,891 /mo
Entry price (from)$394,900
20% down payment$78,980
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Langley Condo Market Reports
Market data by RealtySuite

Property Documents

Location, Street View & Aerial

Street View⤢ Expand

Amenities / Features

In Suite Laundry
Recreation Center

Maintenance Fees Include

Hot Water
Management

Location / Site Influences

Central Location
Recreation Nearby
Shopping Nearby

Construction & Development

ConstructionFrame - Wood
Exterior FinishMixed
RoofAsphalt
FoundationConcrete Perimeter
Rain ScreenFull

Strata Information

Strata PlanBCS3201
Building TypeStrata
Title to LandFreehold Strata
Units in Strata69
Units in Development69
Management CompanyREMI — 604-530-9944
Bylaws / RestrictionsNO RESTRICTIONS,PETS ALLOWED,RENTALS ALLOWED
Parking / StorageGarage; Underground

Frequently Asked Questions — Madison Villas

What year was Madison Villas built?
Madison Villas was built in 2008.
How many units are in Madison Villas?
Madison Villas has 69 strata units across 4 levels.
What amenities does Madison Villas offer?
IN SUITE LAUNDRY, RECREATION CENTER.
Is Madison Villas pet-friendly, and what are the bylaws?
Madison Villas bylaws/restrictions: NO RESTRICTIONS,PETS ALLOWED,RENTALS ALLOWED.
Who is the property manager for Madison Villas?
Madison Villas is managed by REMI, 604-530-9944.
What is the strata plan number for Madison Villas?
The strata plan number for Madison Villas is BCS3201.
Is Madison Villas freehold or leasehold?
Madison Villas is FREEHOLD STRATA.
Where is Madison Villas located?
Madison Villas is located at 5516 198th St. in Langley, Langley.
How is the real estate market at Madison Villas?
In the past year 1 unit sold at Madison Villas, averaging $460,000; there is currently 1 active listing for sale.

Listings for Sale Near Madison Villas 🔎 MLS® Search »

Active listings nearby80
Average price$670,969
From$319,900
Up to$2,499,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
9 19790 55a Ave. 331800 $839,000
219 5516 198 St. 21684 $394,900
412 5488 198 St. 22929 $515,000
412 5488 198 St. 22923 $489,000
105 5474 198 St. 22810 $489,900
206 19774 56 Ave. 22921 $498,000
4 19752 55a Ave. 331573 $728,000
27 19752 55a Ave. 331514 $729,900
19845 55a Ave. 442009 $2,499,000
107 5454 198 St. 11593 $399,900
Photos
9 19790 55A AVENUE $839,000 9 19790 55a Ave. · 3bd/3ba · 1800sf 219 5516 198 STREET $394,900 219 5516 198 St. · 2bd/1ba · 684sf 412 5488 198 STREET $515,000 412 5488 198 St. · 2bd/2ba · 929sf 412 5488 198 STREET $489,000 412 5488 198 St. · 2bd/2ba · 923sf 105 5474 198 STREET $489,900 105 5474 198 St. · 2bd/2ba · 810sf 206 19774 56 AVENUE $498,000 206 19774 56 Ave. · 2bd/2ba · 921sf 4 19752 55A AVENUE $728,000 4 19752 55a Ave. · 3bd/3ba · 1573sf 27 19752 55A AVENUE $729,900 27 19752 55a Ave. · 3bd/3ba · 1514sf 19845 55A AVENUE $2,499,000 19845 55a Ave. · 4bd/4ba · 2009sf 107 5454 198 STREET $399,900 107 5454 198 St. · 1bd/1ba · 593sf

Madison Villas Area Map 🔍 Open larger map ↗