Matteo

7588 198b Street, Langley, BC
Est. completion 2028
212 units
Highrise
2 active

About Matteo

Matteo represents the pinnacle of modern highrise living in Willoughby Heights, one of Langley's most sought-after neighborhoods. This stunning 212-unit concrete tower at 7588 198b Street offers residents an elevated lifestyle with panoramic views of the Fraser Valley and North Shore mountains. Located in the heart of Willoughby's master-planned community, residents enjoy easy access to Willoughby Town Centre's shopping and dining, top-rated schools including R.E. Mountain Secondary, and extensive park systems including Sendall Gardens and Derby Reach Regional Park. The building's prime location provides seamless connectivity to Highway 1 for Vancouver commuters, while local amenities like Save-On-Foods, Starbucks, and medical services are just minutes away. With its contemporary architecture and premium finishes, Matteo attracts young professionals and families seeking a sophisticated urban lifestyle in Langley's fastest-growing community.

Amenities

Bike Room
Recreation Facilities

School Catchment

Investor Insights — Condos in Willoughby Heights

Estimated rental yields based on MLS data for condos in Willoughby Heights.

Type Beds Avg Rent Avg List Price Strata Net Yield
Condo 1 $1,835/mo $444,271 $312/mo 3.4%
Condo 2 $2,493/mo $626,991 $434/mo 3.4%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

Thinking of selling in Matteo?

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,290,000Median home value
$132,000Median household income
75.3%Owner-occupied
51.2%Single-detached homes
3.4Avg household size
36.4Median age
32.3%Bachelor's degree or higher (25-64)
57.3%Commute under 30 min
92.5%Drive to work
31.6%Foreign-born residents
5,809Neighbourhood population

Age

Under 15: 21.8%15 to 64: 68.4%65 and over: 9.9%
  • Under 1521.8%
  • 15 to 6468.4%
  • 65 and over9.9%

Household size

  • 1 person11.1%
  • 221.3%
  • 320.2%
  • 426.6%
  • 5 or more20.8%

Language spoken at home

61.9% English mother tongue

  • Mandarin5.3%
  • Punjabi4.8%
  • Korean4.6%
  • English + other4.4%
  • Tagalog2.4%
  • Spanish1.9%
  • All others14.7%

Mother tongue, share of 5,805 residents.

How this pocket differs

  • notably more 5+ person households than Willoughby Heights 20.8% vs 11.6%
  • notably fewer people living alone than Willoughby Heights 11.1% vs 19.3%
  • more 4-person households than Willoughby Heights 26.6% vs 20.4%
  • notably fewer Korean speakers than Willoughby Heights 4.6% vs 9.7%
  • notably more Punjabi speakers than Willoughby Heights 4.8% vs 3%
  • Median household income is higher than Metro Vancouver $132,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,290,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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