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Homes for Sale Langley BC

Whether you are a first-time homebuyer looking for a condo or townhome for sale, or you are a well-established professional looking for a parcel of land with a beautiful detached home, Langley Real Estate will likely have what you are looking for. Langley MLS listings show that there are plenty of downtown Langley condos for sale, plus townhomes and houses with property; all still at very reasonable prices when compared to the rest of the Vancouver Lower Mainland. Contact Natasha Taylor of the Taylor Team at 1-778-316-4290 if you are looking for homes in Langley BC. Most Langley homes for sale are very reasonably priced and feature great school catchments, parks, recreation centres, hockey leagues, and other sporting activities in the area.

More About Langley BC

Langley real estate has enjoyed a long-standing, constantly growing rate of development. Although older areas such as Langley’s Brookswood area have remained much the same (people seem to enjoy the large lots and private feel), other areas such as Willoughby Heights and Walnut Grove have seen tremendous amounts of new growth and new real estate development.

The Taylor Team can help you discover Langley BC, which has developed into a major city that has everything to offer, from large shopping malls and commercial strips to well attended restaurants, great entertainment facilities for all ages and an easy commute to the Vancouver or to the Canada/US border. One thing you may want to check out if you are looking for homes for sale in Langley during the spring or summer months is the many classic car shows that Langley hosts. These shows feature cars from all over the Lower Mainland and often you will see some very old vintage cars that have been restored to their original splendor, or made up to be a custom hot rod.

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For sale Open House
$529,900
103 20175 53 AVENUE, langley, British Columbia

103 20175 53 Avenue

Langley, British Columbia

Welcome to The Benjamin. 729 sqft 2bed 1bath unit. Ground floor unit with large patio and grass area. Unit comes with laminate flooring throughout, stainless steel appliances, quartz counters and Air Conditioning. Spacious primary bedroom with walk in closet and cheater ensuite. Laundry room with extra storage space. Bright and open living. Close to all shopping and amenities. Bus stop at your front door. 2 pets allowed with no size or breed restrictions. A great place to call home. (id:48205)

2 Bedroom 1 Bathroom 729
For sale
$525,000
315 5650 201A STREET, langley, British Columbia

315 5650 201a Street

Langley, British Columbia

Welcome to Paddington Station! a significantly renovated building in the heart of Langley. This upper-floor condo has two bedrooms and one bathroom (one has a closet but no window). Its bright living room has a cozy fireplace and a large window, while the elegant laminate flooring extends throughout the unit. It has a gorgeous kitchen with shaker cabinets, stainless steel appliances, quartz counters, and an eat-up peninsula. The main bedroom comes equipped with air conditioning, his and her walk-through closets, and a cheater ensuite. This unit also has an In-suite laundry, a covered balcony, and a good-sized storage room. The building has excellent amenities like a gym, guest suite, clubhouse, and kids craft room. You'll be steps away from all the essential amenities. (id:48205)

2 Bedroom 1 Bathroom 738
For sale
$525,000
312 22015 48 AVENUE, langley, British Columbia

312 22015 48 Avenue

Langley, British Columbia

Discover this Gorgeous, Top Floor, one-bedroom apartment and den in upper Murrayville, offering breathtaking views of Langley and the North Shore Mountains. Enjoy BBQs on your large deck, or work from home in the den with vaulted ceilings. Beautiful open concept kitchen features upgraded appliances and fixtures. Cozy up by the gas fireplace and enjoy the sunsets. Nice and close to the elevator for easy access and conveniently located within walking distance to amenities including a rec center, hospital, and shopping. Immediate possession possible. (id:48205)

1 Bedroom 1 Bathroom 722
For sale
$525,000
103 20281 53A AVENUE, langley, British Columbia

103 20281 53a Avenue

Langley, British Columbia

GIBBONS LAYNE. Remarkably, well maintained ground level 1 bedroom condo with 2 bathrooms & large den (den can be used as a second bedroom or office). Patio area is above street level and a must see for privacy. Fantastic lawn area for pet owners. 9' ceilings & over-sized windows are exceptional. Renovated kitchen with new cabinetry (extra storage), under-cabinet lighting, Large island, quartz countertops, s/s appliances & double oven. Other renovations include electric fireplace, new washer/dryer and custom closet organizer is a must see. Comes with a parking spot, visitor parking access & storage locker. Short walk to upcoming Skytrain and public transit. Willowbrook Mall, Portage Park, dog park, shopping, recreation & schools all nearby. 4 minute drive to Newlands Golf and Country Club. (id:48205)

1 Bedroom 2 Bathroom 795
For sale
$524,800
103 20200 54A AVENUE, langley, British Columbia

103 20200 54a Avenue

Langley, British Columbia

Welcome to Monterey Grande! This Langley gem boasts a spacious 2 Bed, 2 Bath ground floor condo. Enjoy the open concept layout featuring a cozy gas fireplace in the living room. The primary bedroom is a retreat with its ensuite, while the second bedroom and bath offer privacy on the opposite side. Step outside to a lovely patio accessible from both the living room and primary bedroom. Conveniently located near transit, parks, and shopping. Experience comfort and convenience in one place! (id:48205)

2 Bedroom 2 Bathroom 1036
For sale Open House
$520,000
305 20281 53A AVENUE, langley, British Columbia

305 20281 53a Avenue

Langley, British Columbia

This gorgeous 1 Bdrm and large den (could be child's bdrm or office) with 1.5 baths is located in popular GIBBONS LAYNE. Featuring an open & spacious bright layout, this unit has been updated with high end vinyl plank flooring, lighting, cabinet refinishing with new hardware & appliances. Located on a quiet street just a short walk from a variety of shops, restaurants, Douglas Park, Douglas Park Community School, transportation and the future Skytrain station. Gibbons Layne is a well maintained building with new boilers & a new roof coming this year. The unit incl 1 parking & storage and 1 pet is welcome. Be a part of this vibrant community in this move in ready affordable home. Open Sat 2-4pm. (id:48205)

2 Bedroom 2 Bathroom 809
For sale Open House
$519,900
116 20448 PARK AVENUE, langley, British Columbia

116 20448 Park Avenue

Langley, British Columbia

Welcome home to your private 1 bed & den condo in the heart of Langley City. Huge Southwest covered walk out patio with steps into the private courtyard. 1 Dog or 1 Cat Allowed. Complete with gym, bike storage, workshop, party room. Maintenance includes gas and hot water. Just 2 blocks to the future Langley Skytrain Station. Groceries, Restaurants, Banking, and Douglas Park. OPEN HOUSE SAT MAY 18 AND SUN MAY 19 2-4 (id:48205)

1 Bedroom 1 Bathroom 862
For sale
$519,000
615 20360 LOGAN AVENUE, langley, British Columbia

615 20360 Logan Avenue

Langley, British Columbia

Welcome to the GENESIS! This spacious 1-bed, 1-bath unit is one of the largest in the plan, boasting 593 sf of well-designed living space. Enjoy the expansive balcony, open floor plan, abundant natural light and upscale laminate flooring, adding a touch of elegance. Conveniently located next to the Langley Bus Loop, indulge in shopping, Langley Casino, and various restaurants just steps away. This unit includes 1 parking stall and 1 storage locker for your comfort. Relax in the spacious clubhouse, unwind in the rooftop garden, and take advantage of 21 visitor parking stalls. (id:48205)

1 Bedroom 1 Bathroom 593
For sale Open House
$510,000
104 5759 GLOVER ROAD, langley, British Columbia

104 5759 Glover Road

Langley, British Columbia

Welcome to Collage Court in Langley! This UPDATED 2 bedroom, 2 bathroom ground level gem is the perfect place to call home. It boasts a cozy gas fireplace in the open-concept living area with updated flooring, a private covered patio, and a new washer & dryer. The spacious primary bedroom features a walk-in closet and ensuite. Step outside to find yourself amidst shops, eateries, transit, and Kwantlen College. This unit includes 1 parking spot, bike storage, and additional first-come, first-serve parking spots outside. (id:48205)

2 Bedroom 2 Bathroom 963
For sale
$509,000
206 20068 FRASER HIGHWAY, langley, British Columbia

206 20068 Fraser Highway

Langley, British Columbia

Welcome to VARSITY at the Parks! This 1 bed and 1 bath condo is located in the vibrant city of Langley. Fantastic location where it will be close to the future skytrain to Langley. Everything you need within walking distance, shopping, a great selection of restaurants and coffee shops, working out or going to the bank. Modern stainless steel appliances, granite countertops & soft-close cabinets make your kitchen warm and inviting. As an added bonus, it comes equipped with a gas barbeque hook-up, making it easy to grill up delicious meals in the confort of your own home. The spacious bedroom is the perfect place to relax and unwind after a long day. Don't miss out on the opportunity to make this modern and stylish condo your own! Book your Private Appointment today! (id:48205)

1 Bedroom 1 Bathroom 570
For sale
$500,000
101 5700 200 STREET, langley, British Columbia

101 5700 200 Street

Langley, British Columbia

Welcome to Stunning Langley Village Complex has 2 bedrooms plus den and 1 bathroom unit!! Highly recommended area!! South West facing this amazing unit features 2 bedrooms with extra good size den that can be used as an office or storage, highly walk able balcony and 1 bathroom. Easy access to parking lot with quite neighborhood. It is situated in the heart of the city and easy access to all the amentias. It is tenanted property which is rented for $1749 month to month tenancy and needs advance notice to show. (id:48205)

2 Bedroom 1 Bathroom 957
For sale
$499,999
105 20268 54 AVENUE, langley, British Columbia

105 20268 54 Avenue

Langley, British Columbia

Welcome to Brighton Place: Where Your Dreams Find Their Home! Perfectly situated in the heart of walkable Langley City, this South-Facing jewel offers easy access to all levels of transportation and the future SkyTrain, ensuring seamless connectivity. Step inside to discover the allure of its expansive patio, ideal for relaxing or entertaining. The interiors feature a kitchen that sparkles with stainless appliances and a cozy gas fireplace adorned with stunning decorative stonework. Indulge in the sleek walk-in shower. Thoughtfully designed with accessibility in mind, this home includes wheelchair and stroller-friendly spaces and amenities. Enjoy peace of mind in your tranquil sanctuary, where safety is a priority. Don't miss your chance to embrace the magic and elegance of Brighton Place! (id:48205)

2 Bedroom 1 Bathroom 866
For sale
$499,999
513 20695 EASTLEIGH CRESCENT, langley, British Columbia

513 20695 Eastleigh Crescent

Langley, British Columbia

Discover home at The Eastleigh: An iconic six-story gem brought to you by RF Properties. Featuring 88 chic residences, this haven is perfectly positioned steps from the upcoming Langley Skytrain station, offering unmatched connectivity and seamless access to various transportation options. Your North East-facing one-bedroom plus den sanctuary awaits, complete with upgraded A/C to keep you cool during the summer's warm embrace. Boost your work-life harmony with exclusive co-working spaces and private meeting rooms designed to inspire productivity and creativity. Indulge in state-of-the-art amenities crafted for contemporary living, including fitness centres, communal lounges, and serene outdoor spaces. Welcome to The Eastleigh-where modern luxury meets everyday retreat. Don't miss out! (id:48205)

1 Bedroom 1 Bathroom 586
For sale
$499,900
102 5224 204 STREET, langley, British Columbia

102 5224 204 Street

Langley, British Columbia

PRICE is what you pay. VALUE is what you get! Check out this bright and spacious 2 Bed, 2 Bath unit at South Wynde. Incredibly located & perfect for roommates, with bedrooms on opposite ends of the living space and a handy door to the main bath from the second bedroom. The kitchen has plenty of storage and a HUGE walk-in pantry. The master bedroom easily fits a king size bed and has DOUBLE closets plus a 4-piece ensuite. Step out onto your large private patio from the living room. You get 2 secured parking spots (1 covered) and lots of visitor parking. Plenty of street parking as well. Hot water included in the monthly fees. Located close to transit, parks, seniors center, and schools. Roof done in 2022. Inquire today. (id:48205)

2 Bedroom 2 Bathroom 866
For sale
$499,000
110 5465 203RD STREET, langley, British Columbia

110 5465 203rd Street

Langley, British Columbia

Centrally located! This 1 bed and den is optimal for first time home buyers or investors! The den is perfect for an office, small gym or a bed/bunk bed! The kitchen is cozy and equipped with an island! Being on the ground floor its perfect for large dog owners (yes- there is no size restriction on dogs) for easy access to the outdoors. Right off the family room is the perfect patio for summer BBQs and relaxing! 1 parking spot and locker come with the unit. It will be just a few minutes walk from the new proposed skytrain coming to Langley! Come book your private showing today before its gone! (id:48205)

1 Bedroom 2 Bathroom 844
For sale Open House
$498,900
232 5660 201A STREET, langley, British Columbia

232 5660 201a Street

Langley, British Columbia

SEE VIRTUAL TOUR! Welcome to Paddington Station. With 740 sqft of living space, bright patio, 2 side-by-side parking and A/C, this unit has it all! Primary Bedroom with cheater 4pc ensuite features double closets, 2nd bedroom (no window) could be used as a den/office, kitchen w/ shaker style cabinets, granite counters, s/s appliances and breakfast bar, living room w/ electric fireplace and plenty of room for storage! Steps to everything Langley City has to offer-shops, restaurants, parks, and the new Skytrain Line. Well maintained w/ the big items already done! NEW paint, NEW carpets, DW May 2023, Fridge Nov 2023, AC June 2023, W&D 2 yrs old, HW tank 6 yrs old. 2 pets allowed, dogs must be no taller than 22" at the top of withers/shoulders. Call today to arrange your private showing! (id:48205)

2 Bedroom 1 Bathroom 741
For sale
$495,000
217 5486 199A STREET, langley, British Columbia

217 5486 199a Street

Langley, British Columbia

Welcome to centrally located Ezekiel a short walk from the future Skytrain in Langley City! Spacious and bright south facing corner 1 bedroom, 1 bath unit boasting 656 square feet of living space. This condo offers plenty of room to spread out and relax. Only one shared wall offers an excellent location for privacy. Features stainless steel appliances, quartz counters and laminate floors. Bedroom has 10ft ceiling! Enjoy the perks of a modern lifestyle with amenities like a lounge, study, yoga room, & gym. Elegance meets convenience as you are walking distance to everything, from shopping to dining to transit. The Ezekiel is only 3 years old, pet and rental-friendly by award-winning developer Whitetail Homes & comes with the peace of mind of the balance of the 2-5-10 New Home Warranty. (id:48205)

1 Bedroom 1 Bathroom 656
For sale
$494,900
110 19730 56 AVENUE, langley, British Columbia

110 19730 56 Avenue

Langley, British Columbia

BRAND NEW! Substantially rebuilt from top to bottom! This is a spacious, air conditioned 1 bedroom and a den (easily used as 2nd bedroom)home. Shows light and bright. Open floor plan. All appliances have been upgraded. Kitchen offers quartz counters and black stainless appliances. Breakfast bar flows into the spacious living dining room/living room. Unit includes locker. Pet friendly. Strata fees $176/month. Shopping, transportation, Kwantlen College and future skytrain close by. Don't miss this opportunity! Measurements from builders floor plans. (id:48205)

1 Bedroom 1 Bathroom 695
For sale
$490,000
211 5363 206TH STREET, langley, British Columbia

211 5363 206th Street

Langley, British Columbia

Lovely well-kept condo in the heart of Langley with almost 1,200 square feet of living space! This building is restricted to ages 55+, is extremely quiet and has been very well maintained. There is a great sense of community here. The kitchen is very spacious with a bonus eating nook, there are 2 generously-sized bedrooms, in-suite laundry, tons of storage and a large patio, just perfect for enjoying the lovely sunsets. Close to tons of shopping, transit and all the best restaurants. Tons of amenities which include a pool table/games room, woodworking shop, exercise room and large recreation/entertainment room. This is definitely a must see! (id:48205)

2 Bedroom 2 Bathroom 1176
For sale
$489,900
109 5504 BRYDON CRESCENT, langley, British Columbia

109 5504 Brydon Crescent

Langley, British Columbia

?? Welcome to Canvas! This 1 bed 1 bath Ground Floor corner unit doesn't adjoin any other unit in the complex. Step inside to discover a bright and airy living space, adorned with high-quality laminate flooring. The open-concept layout seamlessly flows into a modern kitchen, featuring sleek quartz countertops, smooth undermount sinks, and a Samsung Appliance Package that's as stylish as it is functional.. Enjoy the luxury of ample natural light streaming in from all sides, thanks to the unit's coveted corner position. Step outside onto your private patio, surrounded by lush greenery, offering the ideal spot to unwind or entertain guests. Nestled in a prime location just a stone's throw away from Langley's upcoming SkyTrain. Comes with 1 storage and 1 parking. (id:48205)

1 Bedroom 1 Bathroom 567
For sale
$489,900
408 19830 56 AVENUE, langley, British Columbia

408 19830 56 Avenue

Langley, British Columbia

Attention First time homebuyers and investors! Welcome to this spacious 1-bedroom condo with a huge den, which can easily be a second bedroom, in the sought-after Zora Complex. Backs onto a serene greenbelt, offering peaceful views and privacy. Enjoy the luxury of 9-foot ceilings, with pets and rentals allowed for flexibility. Includes 1 locker and bike storage for convenience. Conveniently located close to transit and shopping amenities. Bask in sunlight on the sunny south-facing balcony. Your perfect urban oasis awaits. (id:48205)

1 Bedroom 1 Bathroom 893
For sale
$489,888
344 5660 201A STREET, langley, British Columbia

344 5660 201a Street

Langley, British Columbia

Step into year-round comfort with this SOUTH facing urban retreat in Downtown Langley! Built by the esteemed Quadra Homes, this 2 Bed, 1 Bath, 730 sq.ft. condo offers modern luxury at its finest. The open-concept kitchen dazzles with stainless steel appliances and solid wood shaker style cabinets, complemented by granite countertops in both kitchen and bathroom. What sets this home apart is the built-in air conditioning throughout, ensuring every corner stays cool and comfortable. Step onto your spacious balcony and entertain in style. Plus, with exclusive amenities like an exercise room and underground parking, every need is met. With a BONUS in-suit storage of 300 cu.ft., convenience is unparalleled. Conveniently located near Price Smart Foods, Starbucks, and trendy shopping centers, this is the epitome of urban living. Don't miss out on your dream home! (id:48205)

2 Bedroom 1 Bathroom 729
For sale
$489,000
226 21009 56 AVENUE, langley, British Columbia

226 21009 56 Avenue

Langley, British Columbia

Welcome to your new home in Cornerstone by Marcon! A modern designed 1 Bed 1 Bath unit that has ensuite access with an open floor plan that feels spacious. With quartz countertops, S/S appliances, laminate flooring and bright lighting throughout, this unit is move in ready! Get ready to spend beautiful summer days sitting on your spacious balcony with added turf. Transit access currently in-front of the building with close access to the future skytrain. We're not forgetting about being walking distance to KPU, 5 minute drive to Willowbrook Mall, Superstore, Costco and much more! Centrally and privately located this unit is definitely worth the visit! (id:48205)

1 Bedroom 1 Bathroom 595
For sale
$488,888
309 19730 56 AVENUE, langley, British Columbia

309 19730 56 Avenue

Langley, British Columbia

Welcome to the NEW Madison Place! Explore the charm of this meticulously renovated 1 Bed + Den & 1 Bath Condo. Flooded with natural light, its spacious open-concept design exudes contemporary elegance. Delight in the refined touches, from sleek white shaker cabinets to elegant white quartz countertops. Embrace a modern ambiance with new light gray wide plank laminate floors that beautifully complement the space. Enjoy the convenience of high-end black Samsung stainless steel appliances, HE washer/dryer, and air conditioning for year-round comfort. Plus, one parking stall is included. Situated within walking distance to shopping, transportation, Kwantlen College, and future Skytrain, this apartment seamlessly blends style with practicality for the ultimate modern lifestyle. (id:48205)

1 Bedroom 1 Bathroom 745
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About The City of

Langley

Langley is split between between two municipalities; the Township of Langley, and the City of Langley. Since the two municipalities are so close, they tend to share many of the major amenities and work closely with one another to ensure that the region is able to prosper together. For the last ten years, Langley has seen an explosive of both commercial and residential developments. Both of these are in large part due to significant infrastructure improvements on the Port Mann bridge, as well as rumored plans of Translink extending the Skytrain to the City of Langley over the next ten years.

Neighborhoods in

Langley

The neighborhoods in Langley can vary greatly in price depending on where you want to purchase. That being said, the core of Langley’s shopping and entertainment is conveniently located in the geographical center of the town. This helps ensure that no matter which community you live in, you can easily access everything within a 10 minute car ride.

Some of the most sought after neighborhoods in the Fraser Valley can be found in the Township of Langley; Fort Langley, Walnut Grove, and High Point.

map of langley

Amenities in

Langley

Langley has a strong reputation as having some of the most premium amenities across the Fraser Valley. Whether your family enjoys swimming, biking, hiking, or team sports, there is something for everyone.

The Township of Langley operates some of the lushest parks and state-of-the-art facilities West of the Fraser River. Many Surrey and Abbotsford residents travel into Langley to make use of all of the incredible spaces.

  • Walnut Grove Community Park
  • Campbell Valley Regional Park
  • Derby Reach Regional Park
  • Aldergrove Park
  • Fort to Fort Trail
  • Walnut Grove Community Centre
  • Aldergrove Credit Union Community Centre

There are over 50 schools in Langley, BC. So whether you’re looking to enroll your children in a public elementary school, or you have a high school graduate seeking post-secondary education, there is a school for everyone.

  • Nicomekl Elementary
  • H.D. Stafford Middle School
  • Douglas Park Community School
  • Brookswood Secondary
  • Walnut Grove Secondary School
  • St. Catherines Elementary School
  • Alice Brown Elementary
  • Kwantlen Polytechnic University (KPU)
  • Langley Secondary School
  • RE Mountain Secondary School
  • Dorothy Peacock Elementary
  • Gordon Greenwood Elementary School
  • Trinity Western University

Since Langley is situated between Surrey and Abbotsford, while also bordering the United States, it has become a shopping and entertainment mecca in BC.

  • Willowbrook Mall
  • Langley Events Centre
  • Cineplex Cinemas Langley, formerly Colossus
  • Fort Langley
  • Walnut Grove Community Centre
  • Twilight Drive-in Theatre
  • Fast Track Indoor Karting
  • Chuck E. Cheese
  • Cascades Casino Langley
  • Extreme Air Park

Langley has undergone significant improvements to transportation options. With many neighbourhoods becoming more and more walkable, and Translink making large infrastructure investments into increased bus’ and Skytrain developments.

  • Uber
  • Translink Bus service
  • Many walkable neighbourhoods
  • KPU Inter-Campus Shuttles
  • BC Transit shuttles to Abbotsford and Chilliwack
  • Langley Regional Airport

Economic Stats for

Langley

Langley’s economy has been significantly growing over the last 10 to 20 years. Before you lay your roots and purchase a property in Langley, it is important to understand the primary job creators and the economic drivers of the community.

Statistics Canada’s 2016 Census reports that Langley’s population in 2001 was approximately 87,000 and in 2016 it rose to over 117,000 people. This resulted in an average growth rate of 2.52% per year

As more and more Vancouver families decide to move out of the city this trend is expected to continue for the foreseeable future.

Statistics Canada reported that in 2017 1 in 3 households in the Township of Langley had a household income of over $80,000. Nearly 8% of families had a household income of well over $150,000 per year.

Real estate prices in Langley vary greatly depending on the neighbourhood. It’s important to not just consider price when purchasing a property.

Langley March 2021 Price Three Year % Change
Detached House $1,279,600 24%
Townhouse $635,500 10%
Apartment/Condo $434,100 3%

(From MLS® Home Price Index – Fraser Valley Real Estate Board March 2021.)

LANGLEY TOWNHOMES AND CONDOS

You will find plenty of new developments that feature brand new townhomes and condos for sale in Langley. These new home developments often will offer no tax on your brand-new townhouse in Langley, and the townhome for sale will also be under warranty should anything come up as the home settles.

Traditionally prices for townhomes for sale in Langley start at approximately $490,000 for smaller older townhouses and can reach into the high $500,000’s for new townhouse developments. The approximate prices for condos for sale in Langley start at as low as $420,000 for an older studio or one-bedroom condo unit. For new condos for sale in Langley, you can expect prices at approximately the $400-600,000’s range.

LANGLEY ACREAGES AND DETACHED HOMES

Langley is also full of beautiful large acreages and large estate homes for those with a larger real estate budget. Some of these detached Langley homes will easily exceed the $1,000,000 CDN mark but will likely be an excellent investment down the road, depending on where you are looking, as Langley has plenty of room to grow and plenty of properties that can be subdivided.

Residential Property Tax Rate for Langley City from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.217%     0.128%       0.386%
2019     0.203%     0.118%       0.358%
2018     0.210%     0.124%       0.371%

Langley has a very strong and diverse local economy. With hundreds of different businesses across dozens of industries, this community is very well balanced.

Agricultural land plays a significant role in Langley’s economy. With nearly 75% of all the land being reserved for agricultural purposes. Langley is responsible for a vast majority of the agricultural output of Greater Vancouver.

Film and Television have a growing impact on Langley’s economy. With recent infrastructure developments to support state-of-the-art studios, we expect the film industry to be a primary driver for the foreseeable future. Small town Fort Langley is known for some of the biggest hit Netflix films.

Rental Potential in

Langley

Are you a rental property investor searching for your next property? Or even a young family looking to offset the cost our your dream home with a mortgage help? Then you need to understand the common costs and rental rates in Cloverdale.

Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.

  • Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
  • Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
  • Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In Langley City, you can expect to pay around 0.210% of the BC assessment value each year.
  • Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
  • Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
  • Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.

In February 2021, Aldergrove Star reported that Langley’s rental market has an extremely low vacancy rate. In fact, the 1.9% vacancy rate is substantially lower than even Vancouver.

With such low vacancy rates, this gives landlords the upper hand in terms of rental rate negotiations. It is not uncommon to find one-bedroom apartments renting in excess of $1,000 per month.

Monthly rents will vary greatly depending on the location and quality of the home. While these estimates will help you understand the general pricing, its best to speak with a professional real estate agent or property management company to get the most accurate rental rates for your property.

Estimated Monthly Rents:

1 Bedroom – $1,200 – $1,600 per month

2 Bedroom – $1,400 – $1,900 per month

3 Bedroom – $2,400 – $3,700 per month