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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
$1,349,000
20825 51B AVENUE, langley, British Columbia

20825 51b Avenue

Langley, British Columbia

Great investment. Development potential, now in the OCP for townhomes. Located in the Nicomekl/ Newlands area. Lovely 3 bedroom Rancher, 2 full bathrooms, bonus; new Centra windows to save on heat costs. Tidy manicured & very private yard. Lots of parking & close to transportation, schools & shopping. For investors or developers this is a great little rental home. As well, new owners can enjoy the comfort & privacy waiting to cash in on the development. (id:48205)

3 Bedroom 3 Bathroom 1344
For sale
$1,349,000
20549 74B AVENUE, langley, British Columbia

20549 74b Avenue

Langley, British Columbia

A brand new under construction 1 unit Rowhome by Harwest Homes! Beautiful 3 Storey Rowhome. Grand Kitchen with large island, and hot water on demand. 2/5/10 Year home warranty. Ease of access to shops and eateries, heath & wellness and public transportation. Separate entry for lower floor. Completion estimated Summer 2024. No Maintenance or Strata Fees! (id:48205)

4 Bedroom 4 Bathroom 2679
For sale
$1,349,000
9211 209B PLACE, langley, British Columbia

9211 209b Place

Langley, British Columbia

Welcome to this charming 3-bedroom family home nestled in a serene cul-de-sac! This meticulously updated residence boasts a new furnace, roof, gutters, engineered wood flooring, & a luxurious ensuite. The home features abundant natural light, creating a warm and inviting ambiance throughout. It sits on the largest lot in the cul-de-sac and offers a spacious deck and a storage shed for outdoor enjoyment and storage needs. Conveniently located within the catchment areas of James Kennedy, Yorkson Creek, and Walnut Grove school plus. Enjoy easy access to community centers, parks, supermarkets, and more within walking distance. With its blend of modern upgrades, ample natural light, & great location this home is a true gem. Don't miss the opportunity to make this home your own! (id:48205)

3 Bedroom 3 Bathroom 1942
For sale
$1,348,888
2301 WAKEFIELD DRIVE, langley, British Columbia

2301 Wakefield Drive

Langley, British Columbia

WELCOME to this UPDATED gem, in a PRIME LOCATION across from Willowbrook Park and a stone's throw away from Willowbrook Shopping District! This STUNNING 4-Bed, 2-Bath home is a DELIGHT. The main floor offers a COZY living room featuring a BEAUTIFUL fireplace, perfect for family lounging. The kitchen boasts UPDATED SS appliances. The basement opens to a SPACIOUS REC ROOM & FLEX SPACE that can be CUSTOMIZED to suit your needs. With a blend of STYLE and COMFORT, this 1,811 sq. ft home sits on a 4,530 sq. ft FULLY FENCED, CORNER LOT. UPDATES INCLUDE: Furnace/Hot Water Tank 2020; Roof 2020; Paint 2020; Gutters 2022; Bedroom Carpets (Up) 2022; Bathroom 2023; Deck/Awning/Fence 2023. Close to Langley Meadows School, eateries, shopping, transportation & much more. (id:48205)

4 Bedroom 2 Bathroom 1811
For sale Open House
$1,348,000
20587 84 AVENUE, langley, British Columbia

20587 84 Avenue

Langley, British Columbia

AMAZING opportunity to own both home and land where city meets country PARKSIDE BY INFINITY ROWHOMES excellent built with the best materials and designs HEMLOCK END UNIT offers 2,533 sq ft with a spacious main floor with 9 ft ceilings. State of the art kitchen with quartz counter-tops & sit up island. Upstairs includes 3 bed, loft laundry, vaulted master ceilings and luxurious 5 piece ensuite with separate shower & soaker tub. Fully finished basement with separate entrance, Huge rec room, 4th bedroom & full bath. Close to schools, parks, shopping mall, golf course, bus, easy access to Hwy 1 (id:48205)

4 Bedroom 4 Bathroom 2533
For sale Open House
$1,333,333
7393 197 STREET, langley, British Columbia

7393 197 Street

Langley, British Columbia

Brand new 3-level 1/2 duplex situated on back lane lot with features found in much expensive homes. . Close to both schools, shopping and transit. Main floor features open concept great room & dining area, designer kitchen with top stainless steel appliances, Den with powder bathroom. Top floor features master bedroom with en-suite plus 2 other good size bedrooms and bathroom and laundry. Basement has huge rec room with other 1-good size bedroom's and one storage room.2-5-10 new home warranty. (id:48205)

5 Bedroom 4 Bathroom 2425
For sale Open House
$1,333,333
7389 197 STREET, langley, British Columbia

7389 197 Street

Langley, British Columbia

Brand new 3-level 1/2 duplex situated on back lane lot with features found in much expensive homes. . Close to both schools, shopping and transit. Main floor features open concept great room & dining area, designer kitchen with top stainless steel appliances, Den with powder bathroom. Top floor features master bedroom with en-suite plus 2 other good size bedrooms and bathroom and laundry. Basement has huge rec room with other 1-good size bedroom's and one storage room.2-5-10 new home warranty. (id:48205)

4 Bedroom 4 Bathroom 2425
For sale
$1,333,333
7387 197 STREET, langley, British Columbia

7387 197 Street

Langley, British Columbia

Brand new 3-level 1/2 duplex situated on back lane lot with features found in much expensive homes. . Close to both schools, shopping and transit. Main floor features open concept great room & dining area, designer kitchen with top stainless steel appliances, Den with powder bathroom. Top floor features master bedroom with en-suite plus 2 other good size bedrooms and bathroom and laundry. Basement has huge rec room with other 1-good size bedroom's and one storage room.2-5-10 new home warranty. OPEN HOUSE SATURDAY 2-4 PM. (id:48205)

4 Bedroom 4 Bathroom 2425
For sale Open House
$1,325,000
6880 208 STREET, langley, British Columbia

6880 208 Street

Langley, British Columbia

Welcome to the award-winning Non-Strata ROW home crafted by Vesta Properties, renowned for its exceptional workmanship. Well designed kitchen with granite counters, stainless steel appliances, and a spacious island. Custom extended cabinetry enhances functionality and style. Relax in the cozy family room with a gas fireplace with 9' ceilings and a custom designer color scheme. Upstairs, discover three generous bedrooms, including a master suite with side-by-side wardrobes and a spa-inspired ensuite. The fully finished basement is a versatile space, which is a licensed day care facility as a BONUS, an additional bedroom, full bath and a storage. Step outside to the beautiful fenced backyard, complete with a covered patio and access to your detached garage and parking pad. (id:48205)

4 Bedroom 4 Bathroom 2473
For sale Open House
$1,325,000
19914 68 AVENUE, langley, British Columbia

19914 68 Avenue

Langley, British Columbia

Welcome to this Langley Meadows family home with a spacious view lot. South-facing yard is fully fenced, providing a safe play area beside a green space for added privacy and light. This recently renovated 5 beds, 3 baths home includes a 2BR basement suite. Enjoy warm summer evenings on the sundeck with panoramic views of the city and Mt. Baker. Conveniently located, Costco, Walmart, Superstore, and Willowbrook Shopping Centre are all within a 5-minute drive. Additionally, the property is just a 2-minute walk from 200 St, part of the designated 200 Street Corridor for intensive transit-oriented development in both municipal and regional land use plans. With plans for short-term Bus Rapid Transit (BRT) and potential for future Light Rail Transit (LRT) or Skytrain service. (id:48205)

5 Bedroom 3 Bathroom 2177
For sale Open House
$1,300,000
2369 WAKEFIELD COURT, langley, British Columbia

2369 Wakefield Court

Langley, British Columbia

6 bedroom Home in the most desirable area in Langley near Willobrook Mall, with 3 bedrooms up and bonus 3 bedroom suite with own laundry down. Over 2,000 sq ft living area. Great Langley Meadows location ,easy access to a variety of amenities, parks, restaurants, schools. Easy access to major freeways and public transportation making commuting a breeze. south facing fenced back yard to enjoy the sun. The ground level 3 bdrm suite was added in 2021 with new kitchen cabinets, granite counters, new appliances, bathroom, flooring, lighting, paint & more!. Nothing to do just turn the key. open house Sunday May 5th 2 to 4 pm (id:48205)

6 Bedroom 2 Bathroom 2080
For sale
$1,300,000
2 6897 201 STREET, langley, British Columbia

2 6897 201 Street

Langley, British Columbia

This beautiful detached townhome, just a few years old and maintained like brand new, offers the perfect blend of comfort, convenience, and modern living. Nestled in the friendly community of Willoughby, this home is ideally situated within walking distance to all levels of school and minutes away from all of your shopping needs! The upper level of this home boasts 3 bedrooms and a flex space, perfect for a home office or a study area. The main floor is ideal for the entertainer and everyday living with an open floor plan. That's not it! Downstairs you will find a large rec space, a 4th bedroom and a full bathroom! This is the ideal choice for those who value quality living in a prime location! (id:48205)

4 Bedroom 4 Bathroom 2605
For sale Open House
$1,299,999
20233 44A AVENUE, langley, British Columbia

20233 44a Avenue

Langley, British Columbia

LANGLEY BEAUTY!!!This home is over 2300 sq ft with Newer Roof, Driveway & H/W tank, furnace 5 years old. Maple Kitchen cabinets upstairs with newer Stainless appliances, huge 268 sq ft deck off kitchen overlooking extremely private backyard. Downstairs features a bright daylight 1 bedroom mortgage helper with full open kitchen, tile flooring throughout, wheel chair accessible, separate laundry, French doors lead to private patio perfect for BBQ, large floor to ceiling windows allows for abundant of natural light. Extremely solid well built home in a central but quiet neighborhood. Steps to elementary school, shopping and transit. Open house Sunday May 5 2-4pm (id:48205)

4 Bedroom 3 Bathroom 2319
For sale
$1,299,995
2718 WARREN PLACE, langley, British Columbia

2718 Warren Place

Langley, British Columbia

Discover unbeatable value in Langley Meadows where affordability meets perfection! This move-in ready gem is located on a no-thru road that loops around a large open greenspace, offering added privacy and tranquility, yet is centrally located with many nearby amenities such as the Willowbrook Mall, grocery stores, and recreational facilities. The renovated home features a modern kitchen with newer S/S appliances, crown molding, updated flooring and paint, new furnace with A/C, new garage opener, updated energy-efficient windows, and two fireplaces for ultimate comfort. The exterior shines with updated paint, updated roof, fully fenced south-facing rear yard with a large covered deck where you can sit back and unwind. Meticulously cared for, this residence promises an upgraded lifestyle. (id:48205)

5 Bedroom 2 Bathroom 1925
For sale
$1,299,900
21348 87 PLACE, langley, British Columbia

21348 87 Place

Langley, British Columbia

Great family home located in Forest Hills on a quiet culdesac, well away from main roads. Walkiing distance to schools, parks and shopping. Even walking distance to 2 tennis/pickelball courts! Private, intimate backyard, with good sized deck (19 X 10), ideal for summer entertaining, as well as a 10 x 6 storage shed. Home has been well maintained, good sized kitchen with lots of counter space and pantry for extra storage. Primary Bdrm a good size, and ensuite offers tub as well as separate, walk-in shower. Small den upstairs ideal for "extra" room for hobby/office. Now all the home is waiting for is the buyer that wants to make upgrades to suit their personal tastes! (id:48205)

3 Bedroom 3 Bathroom 2096
For sale
$1,299,900
8254 202 STREET, langley, British Columbia

8254 202 Street

Langley, British Columbia

Latimer Heights by esteemed Vesta presents this immaculate 4 beds, 4 baths ROW House where you'll enjoy the freedom of NO STRATA FEES! Enter to warm open-concept living with 9' ceilings, oversized windows to bring in light, laminate flooring, and plush carpets upstairs. The main floor boasts a spacious dining room, inviting living room, and a sleek kitchen with premium stainless steel appliances, and quartz countertops. Upstairs, find 3 well-sized bedrooms, including a master with in-floor heating in the ensuite. The bright basement with separate entrance offers additional living space. Outside, enjoy a private fenced backyard and covered rear entrance. FOUR PARKING SPOTS including RV parking. Close to schools, amenities, and Hwy 1 for commuters. This is a MUST-SEE property! (id:48205)

4 Bedroom 4 Bathroom 2191
For sale
$1,299,900
8214 202 STREET, langley, British Columbia

8214 202 Street

Langley, British Columbia

Welcome to this stunning Latimer Heights, STRATA FREE ROWHOME! This former SHOW HOME offers 4 bedrooms, 4 baths, and 2,204 sq ft of quality living space. Enjoy a well thought-out floor plan w/elegant finishings! On the main is a gourmet kitchen w/large island and quartz counters. Exquisite dining with stunning light fixture and accent wall. Generous living, sleek fireplace with tile surround and flex area. Up are 3 beds, large primary w/WIC. Down offers a generous rec room, 4th bed + full bath. Walkout low maintenance, private, fenced backyard w/ gas hook up and turf. Gorgeous wallpapered feature walls and bathrooms! Forced air and AIR CONDITIONING. Incredible privacy in the home! Conveniently located near Latimer Village shops, restaurants, Latimer Park, Carvolth Exchange and schools. (id:48205)

4 Bedroom 4 Bathroom 2204
For sale
$1,299,900
4339 200 STREET, langley, British Columbia

4339 200 Street

Langley, British Columbia

Invest in the future! 3 bedroom 1 bathroom rancher on a 1/4 acre lot in sought after Brookswood location. Sewer at the lot line, this 88'by 126' lot is centrally located steps from Cedarbrook Mall. This area is poised for future development. (id:48205)

3 Bedroom 1 Bathroom 1352
For sale
$1,299,900
21026 77A AVENUE, langley, British Columbia

21026 77a Avenue

Langley, British Columbia

No STRATA FEES w/this beautiful Row Home & BONUS MORTGAGE HELPER! This gorgeous 2391 sq/ft, 4 bdrm, 4 bath home has it all! Main floor offers a bright open concept living room, dining room & leads to a gourmet kitchen w/large island/prep space, quartz & S/S appliances. Step out to the yard w/ great use of space! Great entertaining space, or area to relax & barbecue. Upstairs the spacious primary bedroom has a 4pc ensuite, walk in closest with stunning mountain views. There are 2 more well sized bedrooms, 4 pc bath and convenient laundry location. Down has a 1 bdrm suite, 4 pc bath, living room & separate entrance! Across from park, school & walk to all amenities & transit. A must see! (id:48205)

4 Bedroom 4 Bathroom 2324
For sale Open House
$1,299,000
7 21858 47B AVENUE, langley, British Columbia

7 21858 47b Avenue

Langley, British Columbia

Family sized living in a modern complex in Murrayville! At 2597sf, this 4 bedroom, 4 bath home is all the space you are looking for. Main floor boasts a large, open-floor plan living/kitchen/dining room with vaulted ceilings and ample light through the many windows. Kitchen features include a quartz countertop, gas stove and pantry. Upstairs offers a spacious Master suite (also with vaulted ceiling), 2 large bedrooms and an open den. Basement provides another bedroom with its own bathroom, large family room and ample storage. Full size, 2 car garage is attached for easy convenience. OPEN HOUSE: Sunday, May 5 from 2pm-4pm. (id:48205)

4 Bedroom 4 Bathroom 2597
For sale Open House
$1,299,000
4544 207 STREET, langley, British Columbia

4544 207 Street

Langley, British Columbia

Established & desirable Mossey Estates welcomes you to our latest listing! One level living w/ 1362 sq ft, 3 bdrms, 2 bthrms all on a 7650 sq ft corner lot! Side access to the back yard to park your RV/ boat! Tons of updates make this Rancher look like it is straight out of a designer home magazine. Wide open concept plan w/ stunning white kitchen including new appliances, gleaming back splash & sit around island/prep space w/ seating for 4. The primary retreat includes an ensuite, & there are 2 additional well sized bdrms (1 w/ built ins) & another 4 pc bth. Step out to the deck, your private yard w/ shed & enjoy the summer! Updates incld flring, light fixtures, HWT, windows, roof, gutters & more! Located in a cul-de-sac in a family friendly neighbourhood, steps to Uplands Elementary! (id:48205)

3 Bedroom 2 Bathroom 1362
For sale
$1,299,000
20 20155 84 AVENUE, langley, British Columbia

20 20155 84 Avenue

Langley, British Columbia

WILLOW LIVING, beautifully designed townhome in highly sought after Willoughby Heights of Langley. Total 1,497 sqft floor area, 4 bdrms & 3.5 baths. Spacious open layout, quality laminate flooring, radiant in-floor heating, gourmet kitchen w/large island, quartz countertops, high end SS appliances, gas range, instant hot water on demand, master ensuite w/large WIC. Side by side attached double garage & more. Minutes drive to Willowbrook Shopping Centre, easy access to Highway. School catchment: Willoughby Elementary, Yorkson Creek Middle, R.E. Mountain Secondary. (id:48205)

4 Bedroom 4 Bathroom 1497
For sale
$1,299,000
20363 82 AVENUE, langley, British Columbia

20363 82 Avenue

Langley, British Columbia

Introducing your dream home! This meticulously upgraded rowhome boasts over $55,000 in enhancements, featuring all new light fixtures, custom low maintenance professionally landscaped yard, drywalled insulated and painted garage, custom cabinetry and moulding, new washer, dryer and fridge, AND air-conditioning!!! With 4 bedrooms, 3.5 bathrooms, AND a large rec room downstairs, this home is perfect for the growing family. Centrally located and walking distance to schools, shops, restaurants, and Carvolth Bus Exchange. Rowhome = NO STRATA! (id:48205)

4 Bedroom 4 Bathroom 2081
For sale
$1,299,000
19832 48 AVENUE, langley, British Columbia

19832 48 Avenue

Langley, British Columbia

NICE FAMILY HOME ON 1/4 ACRE LOT!! You will love all this 2 Storey home has to offer! Complete w/ Hardwood flooring throughout! The main floor has an open living area that flows nicely into your dining rm space w/ crown mouldings. Your updated Kitchen feat; Modern cabinetry, Granite counter tops + SS appliances & beautiful backsplash! Other updates incl. gas fireplace in your cozy family room, BBQ Outlet & outdoor gas pit + Jet Bathtub in bthrm above & updated windows throughout! 4 spacious & bright Bdrms above too! Gorgeous outdoor space to enjoy w/ added privacy of the Fully Fenced Yard & NO NEIGHBOURS behind! With Summer ahead- Gather round your firepit in & watch the kiddos play + enjoy your Gazebo, Pond w/waterfall + various fruit bushes & 2 Sheds! (id:48205)

4 Bedroom 3 Bathroom 2017
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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