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
$7,988,000
20308 27 AVENUE, langley, British Columbia

20308 27 Avenue

Langley, British Columbia

Brookswood investment 2.15 Acres single family 3 in New Fernridge NCP which allows a mix of single family, Duplex and triplex lot subdivision. All services on lot line brought by new 61 lot subdivision . New homes construction starting just opposite this property . Excellent condition 3500 sqft house on property is rented for $3850.00 month to month, very nice tenants. NO creek or ROW on this parcel and very few trees on side of lot. Drive-by to see the potential, its development already at your door step happening NOW. Verify subdivision potential from Township . (id:48205)

4 Bedroom 3 Bathroom 3500 sqft
For sale
$7,988,000
21275 0 AVENUE, langley, British Columbia

21275 0 Avenue

Langley, British Columbia

Welcome to Campbell Creek Estate. Gated and Fenced., a private enclave that is an idyllic 4.25 acres of gardens, fruit trees, koi pond, and of course an amazing home with guest house, and outbuilding. 5 beds and 5 baths, this home is wonderful for a large family. Chef's kitchen with stainless appliances and granite counters, create a space for those culinary masterpieces. A quality built home with beautiful millwork, and attention to detail. A palatial glass conservatory, and an infinity pool are some of the other treasures you will find here. This estate has it all. (id:48205)

5 Bedroom 5 Bathroom 6281 sqft
For sale
$7,980,000
462 248 STREET, langley, British Columbia

462 248 Street

Langley, British Columbia

Incredible 39.5 acres of rolling hills in South Langley, a horse owners dream. Over 1 million spent over the years. This picturesque property includes a sprawling 3,555 sqft 4 bedroom main rancher home. Impressive solarium to the outdoor swimming pool, 2 detached garages, 50x150 greenhouse, 6 stall barn, riding ring with paddocks. Enjoy this fully fenced & treed paradise including video monitored gate, barn with 2 bed 1 bath suite, 7 ponds with magnificent waterfalls and an orchard. Located only 20 mins from White Rock, 40 mins from Vancouver and 5 mins to the USA border. This property is the ideal family estate, or perfect for someone looking to rebuild their dream home on a spacious and private lot. With so many options, this property won't last long. Bring your offer! (id:48205)

4 Bedroom 4 Bathroom 3555 sqft
For sale
$7,600,000
5316 216 STREET, langley, British Columbia

5316 216 Street

Langley, British Columbia

39.29 Acre property centrally located close to all amenities in Murrayville. A rare opportunity to own a large property so close to everything. A super opportunity for the astute investor or Buyer. (id:48205)

2 Bedroom 1 Bathroom 1792 sqft
For sale
$7,500,000
2341 208 STREET, langley, British Columbia

2341 208 Street

Langley, British Columbia

RARE FIND! Gorgeous multi generational 2.5 acres with no creeks or easements, not in the ALR & designated single family in the official community plan. Stunning 6200 sq/ft 7 bedroom, 6 bathroom open plan home with exquisite finishing throughout. Triple garage, A/C, heat pump, automatic natural gas generator. Impressive great room with fireplace, Massive gourmet kitchen with butler's pantry & high end appliances including gas cook top. Large dining rm. 3 bedrooms on main + large games room with wet bar for kids or guests. 4 spacious bedrooms & games room up - master with walk-in closet, fireplace & spa inspired ensuite. Superb media room with theatre seating. West exposed outdoor living area. Existing home could sit on a large lot & develop around it in the future. Zoning allows mobile for family & commercial truck parking. Walk to schools. Enjoy country living minutes to everything & a fantastic investment. (id:48205)

7 Bedroom 6 Bathroom 6200 sqft
For sale
$7,498,000
22801 8 AVENUE, langley, British Columbia

22801 8 Avenue

Langley, British Columbia

ONCE IN A LIFETIME 18+ acre estate that is exceptionally unique and irreplaceable. The acreage is perfectly prepped for a Horse Lover's DREAM Barn and Riding Ring w. a STUNNING Custom Craftsman manor designed by Willson Homes. The 5 bdrm, 5 bthrm home has principal main floor rooms showcased by a GORGEOUS integrated country Gourmet Kitchen & Great room w 13 ft ceilings that open to a large covered entertainment patio overlooking the exclusive acreage. Upstairs boasts 4 bedrooms including the Master ensuite that features huge walk in, 5 piece executive level bathroom, rec/media room and 5th bdrm/ bthrm rounding out the exquisite living space & covered balcony w/ outdoor heaters overhead enjoying those beautiful Campbell valley summer evenings and VIEWS! Must See Equestrian Estate. (id:48205)

5 Bedroom 5 Bathroom 6439 sqft
For sale
$7,350,000
7320 208 STREET, langley, British Columbia

7320 208 Street

Langley, British Columbia

2.5 Acres in the Smith NCP. The front portion of the property is designated Row House/Townhouse (8-12 units per acre). Allowable yield is 18-21 lots. Buyer to confirm all land uses with Township of Langley. (id:48205)

5 Bedroom 2 Bathroom 3357 sqft
For sale
$7,200,000
19870 3B AVENUE, langley, British Columbia

19870 3b Avenue

Langley, British Columbia

SPECTACULAR HIGH POINT Equestrian living at it's FINEST. Gated 2 Acre 13,289 sq.ft. Entertainment Mecca sits tucked away in High Point Estates. European inspired portico leads you into a private grand Courtyard. An ARCHITECTURAL MASTERPIECE. Groin vaulted ceilings welcome your guests through the exquisite double doors into a cathedral entrance. A Entertainers/Chef' dream kitchen, 11 boutique hotel inspired bathrooms, 8 bdrms w/private master bedroom, w/a fabulous spa ensuite, Resort style living built to entertain and host family and friends. Social wine room, spacious media room, bar area & a 10'7 screen, private gym, nanny/guest and family suites, office space, geothermal heating, UVA water filtration system.5000 sqft of outstanding outdoor living+sports court,Hydro spa+Designer stable. (id:48205)

8 Bedroom 8 Bathroom 13289 sqft
For sale
$7,200,000
21113 16 AVENUE, langley, British Columbia

21113 16 Avenue

Langley, British Columbia

Festina Lente was established in 2016, with a speciality in producing dry, food friendly, premium honey wines. Located on a 4.77 acre parcel in Campbell Valley, reflecting environmentally forward wines utilizing the unique location and micro-climate of the farm. Complete with a fully functioning orchard and on-site apiary-from bee to bottle, wines are produced and enjoyed by discriminating grape wine consumers. This is YOUR opportunity to get into a CRAFT liquor industry that is just beginning to enjoy a surge in popularity and has exponential potential for growth. With fewer than 500 MEADERIES in North America, the competition is few and far between vs 8391 wineries at last count. BEE at the forefront of a buzzing industry. Covered heated patio, expanded outdoor seating, increased capacity all in 2021. Ideas for an additional to the space and production capacity to fulfill the increasing demands of the Asian market, specialty liquor stores and restaurants. (id:48205)

For sale
$7,200,000
7734 197 STREET, langley, British Columbia

7734 197 Street

Langley, British Columbia

Prime Townhouse site,2.34 acres, approximately 1 acre in green space, Please review Township of Langley Willoughby Neighbourhood plan area Latimer (Northwest) this site allows 15 to 18 townhome's per acre, you may receive a bonus for green space. Services on 197 street adjoining property on the south is ready for sale for townhouses. This area is full of development with all major developers. Home is nice clean, please don't disturb the homeowner. (id:48205)

3 Bedroom 3 Bathroom 1774 sqft
For sale
$7,200,000
20642 73A AVENUE, langley, British Columbia

20642 73a Avenue

Langley, British Columbia

TENANTED. PLEASE DO NOT GO ONTO THE PROPERTY WITHOUT AUTHORIZATION. Great Holding Property. Under Township of Langley NCP Smith Plan. This corner property is located within Neighbourhood Centre. Plan calls for Apartment Mixed Use 40 to 60 UPA. (id:48205)

3 Bedroom 3 Bathroom 1929 sqft
For sale
$7,200,000
21113 16TH AVENUE, langley, British Columbia

21113 16th Avenue

Langley, British Columbia

Festina Lente was established in 2016, with a specialty in producing dry, food friendly, premium honey wines. Located on a 4.77 acre parcel in Campbell Valley, reflecting environmentally forward wines utilising the unique location and micro-climate of the farm. Complete with a fully functioning orchard and on-site apiary - from bee to bottle, wines are produced and enjoyed by discriminating grape wine consumers. This is YOUR opportunity to get into a CRAFT liquor industry that is just beginning to enjoy a surge in popularity and has exponential potential for growth. With fewer than 500 MEADERIES in North America, the competition is few and far between vs 8391 wineries at last count. BEE at the forefront of a buzzing industry. (id:48205)

4 Bedroom 4 Bathroom 4543 sqft
For sale
$7,000,000
24576 64 AVENUE, langley, British Columbia

24576 64 Avenue

Langley, British Columbia

GOLDEN GOOSE!!48 acre located next to residential subdivision in prime area of Langley's Strawberry Hills. Zoned SR1 for one acre lots this property has great future potential. Currently in the ALR; part of property was previously excluded. Fantastic revenue and holding income: 20 acres planted in Calypso blueberry (lower tax) with double wide mobile home and shop. 3 road accesses, with close proximity to 232 freeway interchange, town, and amenities. Seldom properties like this come on the market. (id:48205)

3 Bedroom 2 Bathroom 1800 sqft
For sale
$6,980,000
20478 69 AVENUE, langley, British Columbia

20478 69 Avenue

Langley, British Columbia

Attention investors 0.98 acres in willoughby Heights! Well maintained&upgraded home by original owners. Master bdrm with Walk in closet and 4 pieces ensuite including soaker tub, separate glass shower&heated floors. Beautiful hardwood floors, crowns throughout. Finished walk out basement with wet bar, extra bedroom and bath. Roof, baseboard and windows in 2011. Professionally landscapted grouds very private with swimming pool, hot tub, outdooor gas Fireplace. Completely fenced and gated. Bouns Mt. Baker/City views. Close to shopping, schools, parks and transit. Potential develope 6-8 single houses in the future (id:48205)

5 Bedroom 4 Bathroom 3077 sqft
For sale
$6,800,000
4665 233 STREET, langley, British Columbia

4665 233 Street

Langley, British Columbia

A fantastic opportunity! Over 5 Acres of prime residential land, not in the ALR. Zoned SR-1, which allows for property to be subdivided to one acre lots. Please verify with the Township of Langley for other options or hold for new Salmon uplands future development. The updated home sits on the top of the property on less than one acre. House has had many upgrades over the years including newer kitchen, stainless appliances, hardwood floors, carpets and an elevator. Roof replaced 2 years ago. Pool in the backyard, garage and workshop. Total privacy. Two access driveway, one from 232nd and one from 233rd Street. Amazing holding property while living in style or a great rental while you wait for the new future development....or subdivide now. (id:48205)

4 Bedroom 4 Bathroom 4092 sqft
For sale
$6,499,000
19792 30 AVENUE, langley, British Columbia

19792 30 Avenue

Langley, British Columbia

Brookswood opportunity in the Booth area. 2 acre parcel with a sprawling 5 bedroom rancher. Large open concept kitchen with island looking out to the south exposed patio with a kidney shaped salt-water pool! Lots of space for BBQing and relaxing! Huge 45x65 ft drive through heated shop with mezzanine with a separate entrance. Great holding property in a prime area for development! (id:48205)

5 Bedroom 5 Bathroom 3688 sqft
For sale
$6,488,000
20485 32 AVENUE, langley, British Columbia

20485 32 Avenue

Langley, British Columbia

Attention Developers/Investors!! 2.14 Acres parcel of land designated for Single Family lots (7,000 sq. ft.) in the Booth NCP of the Brookswood/Fernridge OCP; check with TOL for details. There is a well maintained home with 4 bedrooms and 2 washrooms on the main and a 2 bedroom basement suite. Great to live in or for rental income. Do not walk onto the property without making an appointment. (id:48205)

5 Bedroom 4 Bathroom 3518 sqft
For sale
$6,200,000
7790 264 STREET, langley, British Columbia

7790 264 Street

Langley, British Columbia

With panoramic views of the Fraser River and the North Shore mountains, Silver Ridge is a magnificent Edwardian style estate on approximately 11.79 acres of land. The main house features a timeless European aesthetic juxtaposed with modern elements. The main floor offers a spacious kitchen with an island and high-end appliances. A grand staircase leads to the upper two floors, boasting 6 roomy bedrooms with ensuites. The fully finished basement features a large recreational room with a lounge, small bowling alley, and self-contained suite. From the palatial driveway to the beautiful landscaping, this property offers the ultimate luxury lifestyle. The coach house includes a guest suite, 3 car garage, boat bay, and workshop. Silver Ridge Estate is close to Fort Langley, Thunderbird Show Stables and Pagoda Ridge Golf Course. This property is an excellent business opportunity as a luxury vacation rental, event, or film venue. (id:48205)

8 Bedroom 9 Bathroom 7973 sqft
For sale
$5,999,000
20217 25 AVENUE, langley, British Columbia

20217 25 Avenue

Langley, British Columbia

Spectacular Home. High End Custom Built 3,030sqft Rancher Plus 3,030sqft Unfinished Bsmt on 2.11 Acres Designated SF3 (5,000 - 7,000sqft Lots) in Brookswood/Fernridge OCP with 587ft future road dedication on west property line to max out lot yield. 9ft ceilings, crowns throughout, solid hardwood floors, new furnace & h/w tank, central air & new 10kw gas generator. Very open floorplan is an entertainers dream with amazing kitchen, 36' gas stove, oversized S/S fridge + 2 islands. Beautiful masterbdrm w/luxurious 7pce ensuite & walk-in closet plus 2 more bdrms & office. 1,384sqft Shop with RV Bay. Beautiful private back yard and quiet street. This is an amazing package. (id:48205)

3 Bedroom 3 Bathroom 6060 sqft
For sale
$5,999,000
7504 202A STREET, langley, British Columbia

7504 202a Street

Langley, British Columbia

DEVELOPMENT PROPERTY! RENOVATED RANCHER in the Latimer SE plan of Willoughby, wonderfully situated 1 acre parcel just a few doors down from highly ranked RE Mountain Secondary, IB World school. Excellent potential, zoned for high density multi-family dwelling (16 to 22 units per acre)- Verify with the Township of Langley. An excellent hold, as development continues in Willoughby. Beautiful, 4 bedroom 3.5 bath rancher home on the property is perfect to live in for the time being, or to rent out. Large detached shop on the property, with bay doors also in great shape. Great holding property! Rent now as you wait for development. Rare to find acre in such a prime location of Willoughby. Call for more information or your private showing! (id:48205)

4 Bedroom 3 Bathroom 2600 sqft
For sale
$5,999,000
20404 76 AVENUE, langley, British Columbia

20404 76 Avenue

Langley, British Columbia

1.21 Acres lot in SW Yorkson NCP in willoughby . 2 Storey home with Main floor have 3 Bedrooms, Living room, dining room, Kitchen and 1.5 bathrooms and basement have 2 Rec rooms, Den, Mud room and full bathroom. Close all Amenities. All measurements are approximate, buyer to verify. (id:48205)

3 Bedroom 3 Bathroom 2930 sqft
For sale
$5,998,000
20329 2 AVENUE, langley, British Columbia

20329 2 Avenue

Langley, British Columbia

WOW Spectacular Mansion in High Point Estates. Langley's Premier Subdivision. Over 14,200 Sq Ft. located on one of the best view lots in High Point. 1 acre Gated property. Dynamic 24" ceilings in the grand entry and living room. Large Family sized dining room for all occasions ,amazing kitchen with large island and eating area. Spice Kitchen and large pantry also. 4 Very spacious Bedrooms up all ensuited ,including a Beautiful master suite with Spa inspired En-suite and large walk in closet. Another spacious Master on the main floor. Brazilian Cherry floors on all three levels and too much custom millwork to list. Lower level is a massive walk out basement with Sauna, Steam, Gym, Bar, Wine room, media room and children's play room. Elevator to all 3 levels, 4 Car garage! (id:48205)

7 Bedroom 10 Bathroom 14275 sqft
For sale
$5,988,800
1061 216 STREET, langley, British Columbia

1061 216 Street

Langley, British Columbia

Rare opportunity to own an Equestrian Dream property with THREE RESIDENCES. Close to Thunderbird Show Park & the Campbell Valley Riding Trails. 10.4 acres. 28 Stall barn. 200x80 "Wecover" covered arena. Main Home spans 4700SQFT is designed by Germany's Baufritz, renown for building award-winning ecologically valuable homes. It features 3/4 Bedrooms & 4.5 Bathrooms, European trifold & tilt windows, radiant heat, hot tub & more. Second Residence is a 4Bed/2Bath home spanning 2750SQFT PLUS 3Bed/2Bath double-wide Modular Home, both in great condition. All homes strategically placed for max privacy. Multiple workshops & greenhouse. This is a wonderful opportunity to own an income producing property as an Equestrian business or accessory home rentals. Located across the street from a winery. (id:48205)

3 Bedroom 5 Bathroom 4702 sqft
For sale
$5,988,000
20787 68 AVENUE, langley, British Columbia

20787 68 Avenue

Langley, British Columbia

This well appointed 4 bed & 3 bath home is situated on a corner lot, just over an acre in the highly desirable NE Gordon Estate area of Willoughby, w/development potential of 16-22 TH - (check with TOL to confirm det's). Some of the many stand out features include; a gourmet kitch w/ TONS of storage & natural light, butchers block, Miele appliances & a Jenn Air cook top/griddle, a formal dining & fam rm & a sunken in living room on the main level, PLUS a den/office. Follow the sweeping staircase upstairs to find, a LRG master bed w/ a 4 pcs ensuite & W/I closet & 3 more good sized bedrooms & a LRG games room. LRG 2 car garage w/ extra parking, 3 driveways, 6 person hot tub w/ a sheltered gazebo & meticulously maintained mature landscaping. Just min to everything, this one won't last long! (id:48205)

4 Bedroom 3 Bathroom 4012 sqft
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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