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About this home

Glenmont Park! Super clean top floor west exposed suite overlooking central courtyard. Spacious floor plan with vaulted ceilings, kitchen with breakfast bar, gas fireplace and large walk-in laundry/storage room. (extra storage locker located on the same floor) Recent wide-plank laminate, some fresh painting and updated appliances. Enjoy the big deck with retractable awning & sun shade. Glenmont Park is a wonderful well run 55+ community. Guest suite, workshop & RV parking ! Close to bus, senior centre, shopping and all amenities. Vacant....quick possession available. Call now to view!

Property details

Beds

2 full

Baths

1,120 ft²

Floor area

1991

Year built

Storeys

Parking

$495/mo

Strata fee

$2,292/yr

Gross tax

Location & structure

Single Family

Type

None

Basement

Fireplace

Other

Style

Listed

March 3, 2026

Basement

None

Structure

Apartment

Property highlights

Gym

High ceilings

Guest suite

Storage locker

Fireplace

Building amenities

Recreation centre

In-suite laundry

Features & inclusions

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer

Heating

Baseboard heaters, Electric

Parking

Underground

Community

Pets not Allowed, Age Restrictions

Additional details

Common interest

Condo/Strata

Tax year

2025

Listed by Sutton Group Seafair Realty. Last updated Jul 6, 2026, 4:15 PM.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Mortgage estimate

Using listing data

Est. monthly total

$2,917

/mo

Rate

Amortization

Principal and interest

$2,081

Property tax

$191

Strata fee

$495

P&I

Tax

Strata

Down payment

$89,980 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $89,980 down (20%) on $449,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Inventory mix

What this area trades in

Within 3 km of this listing · 558 listings

Condo / Apartment	251	45.0%
Detached	200	35.8%
Townhouse	90	16.1%
Land	12	2.2%
Duplex	2	0.4%
Other	3	0.5%

Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Langley · 475 dwellings

Low-rise apartment455 · 95.8%

Row house20 · 4.2%

Source: Statistics Canada · 2021 Census of Population

Property analysisScored Jun 2

Buyer view7–10 year horizon

34.1% below nearby asking prices

$424/sqft vs area comp median $644/sqft (34.1% below, 20 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).

On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 34.1% below the median asking price nearby today.

Good value signals, score 82.1 of 100Based on 4 of 9 signals · score likely 55.5 to 100

Stale compsNo HPI coveragePrice history accruing

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Market story

Rent in Langley

Census 2021 avg $940/mo here · Vancouver 2BR rent trend below

$2,696

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.

Vancouver CMA rental snapshot · 2025

Purpose-built vacancy

3.7%

Avg 2BR rent

$2,363

+2.2% YoY

Condo vacancy

1.5%

Avg 2BR condo rent

$2,900

Source: CMHC Rental Market Report (2025)

CMHCVancouver outlook

From the CMHC Spring 2026 Housing Supply Report · Mar 2026

Supply outlook

Where supply, demand, and prices are heading by 2035

CMHC scenario data, applied to this listing's metro area

House prices, 2024 to 2035

CMHC scenario comparison

18.4 percentage points

Building enough supply could keep prices 18.4 percentage points lower by 2035.

Source: CMHC supply-shortages report (2026)

Housing starts needed each year

Current pace vs CMHC supply target

7,245 units short

Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.

Source: CMHC supply-shortages report (2026)

Housing stock, 2024 to 2035

Projected dwellings under current trajectory

24.0 percentage points

Stock grows about 24.0% over the period under the business-as-usual scenario.

Source: CMHC supply-shortages report (2026)

Apartment construction pace

Apartment starts in 2025 vs the 10-year average

8.6% above

Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.

Source: CMHC supply spring 2026

Family-home construction pace

Houses and townhomes started in 2025 vs the 10-year average

20.9% below

Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.

Source: CMHC supply spring 2026

Neighbourhood demographics

Who lives in this small neighbourhood

The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.

Statistics Canada Area #59152350· Langley· Transit 80/100 (25m to frequent)· 0.10 km²

Median rent here

$940

Owner shelter cost

$1,000

Renters

20.8%

30%+ on shelter

30.2%

Population (2021)

784

Median age

59.6

Avg household size

1.6

Avg household income

$63,600

Renters

20.8%

Owners

77.1%

Immigrants

22.1%

Post-secondary

52.7%

Avg home value

$372,000

Single status

18.8%

Not in labour force

52.7%

Households with kids

14.4%

Median rent

$940

Owner shelter cost

$1,000

30%+ on shelter

30.2%

Breakdown

Under $5,000	5	1.1%
$15,000 to $19,999	5	1.1%
$20,000 to $24,999	50	10.5%
$25,000 to $29,999	40	8.4%
$30,000 to $34,999	30	6.3%
$35,000 to $39,999	30	6.3%
$40,000 to $44,999	40	8.4%
$45,000 to $49,999	20	4.2%
$50,000 to $59,999	50	10.5%
$60,000 to $69,999	35	7.4%
$70,000 to $79,999	30	6.3%
$80,000 to $89,999	45	9.5%
$90,000 to $99,999	30	6.3%
$100,000 to $124,999	35	7.4%
$125,000 to $149,999	15	3.2%
$150,000 to $199,999	15	3.2%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152350).

#312 – 5375 205 Street

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About this home

Property details

Location & structure

Additional details

34.1% below nearby asking prices

34.1% below nearby asking prices

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