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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
$459,900
308 19825 54 AVENUE, langley, British Columbia

308 19825 54 Avenue

Langley, British Columbia

This like-new 1 bed 1 bath is roughly 1 year old and still under 2-5-10 warranty. Features modern finishes and like-new appliances. Ideal size for 1 bed at just over 500sq/ft. South exposure ensures lots of natural light. This home comes with a secure parking stall. Close to all shops, restaurants and recreation Langley City offer. On the quiet side of town, neighbours are majority working class and mixed families. Surrey-Langley skytrain is on the way proposed stations within a couple of bus stops. Great starter home or investment property in a City that is planning tonnes of investment in coming years. No size restrictions for pets! (id:48205)

1 Bedroom 1 Bathroom 506
For sale
$459,000
313 5486 199A STREET, langley, British Columbia

313 5486 199a Street

Langley, British Columbia

Embrace this stylist 1-bed, 1- bath haven developed by Whitetail Homes, flooded with natural light and featuring laminate flooring. Positioned near the upcoming Skytrain line, Brydon Lagoon, and Nickomekl river trails. Enjoy amenities such as an exercise center, lounge, theatre room, and wheelchair access, enhancing both comfort and accessibility. Seize the opportunity to make this contemporary retreat your own. (id:48205)

1 Bedroom 1 Bathroom 596
For sale Open House
$458,000
302 20728 WILLOUGHBY TOWN CENTRE DRIVE, langley, British Columbia

302 20728 Willoughby Town Centre Drive

Langley, British Columbia

Welcome to KENSINGTON AT WILLOUGHBY TOWN CENTRE! 1 BED & DEN spread across 701 SF of bright and open living area. Walk score dream with endless food options, coffee shops grocery store, banks and much more. OPEN HOUSE: Sunday, May 5th between 1pm-230pm. (id:48205)

1 Bedroom 1 Bathroom 701
For sale
$455,000
307 19939 55A AVENUE, langley, British Columbia

307 19939 55a Avenue

Langley, British Columbia

Move right in. This 1 bedroom and den condo is waiting for you. Vacant with new laminate flooring & paint. Refreshed cabinetry has been painted in kitchen & bathroom, hardware updated. Main bath with dual sink vanity. Granite counter tops & stainless appliances. Open floor plan. Large walk in-suite laundry room with extra storage space. Located in the heart of Langley City. Walk to transit, schools and shopping. Quick access up 200th to the Highway #1 or Fraser Hwy. Its a gem. (id:48205)

1 Bedroom 1 Bathroom 603
For sale
$454,999
109 8328 207A STREET, langley, British Columbia

109 8328 207a Street

Langley, British Columbia

An excellent opportunity to get in the market! Ideal for First time buyers or investors. A well cared for 1 bed 1 bath unit in the heart of Willoughby! Open concept kitchen with large island, granite counter tops and great cabinet space! Bedroom has a large closet with built in shelving! Full bathroom with heated floors! In suite laundry + Built in AC unit! Walk out to your private covered patio and yard space! 2 PARKING STALLS + a huge private storage room right in front of your stall. Walking distance to willoughby town center shops, restaurants, grocery, dog park and transit! Playground, exercise center and 2 pets allowed! (id:48205)

1 Bedroom 1 Bathroom 530
For sale
$450,000
101 5664 200 STREET, langley, British Columbia

101 5664 200 Street

Langley, British Columbia

Affordable 2 bedroom, one bath suite, updated kitchen, laminate floor, crown mouldings. Corner suite, backing to green space and creek, dog park near by. Easy to show. Offer Collapsed (id:48205)

2 Bedroom 1 Bathroom 920
For sale
$450,000
155 9080 198 STREET, langley, British Columbia

155 9080 198 Street

Langley, British Columbia

Welcome to Forest Green Estates! This charming 2 bed, 2 bath home boasts an open kitchen, triple skylights, a cozy family room w/ deck access, & a fenced yard. The primary bedroom offers Jack & Jill closets & a spacious ensuite w/ a jetted soaker tub. The second bedroom is versatile for guests or as a den, & a laundry room includes a full-size washer & dryer. Updates include hardwood flooring, kitchen counters, stainless appliances, & a roof replacement in 2016. Additional features include a single garage New 2 year old furnace. Fantastic park amenities include a clubhouse, off-leash dog park, social activities, visitor & RV parking. This gated community is exclusively for those aged 55+ allows one small pet. Conveniently located in the heart of Walnut Grove, just one block from transit! (id:48205)

2 Bedroom 2 Bathroom 1282
For sale
$449,900
609 5504 BRYDON CRESCENT, langley, British Columbia

609 5504 Brydon Crescent

Langley, British Columbia

Discover CANVAS, an exceptional development by the Redekop Reddale Group. Centrally situated just minutes from Langley City's future SkyTrain station, as well as a variety of restaurants, boutique shops, and expansive parks and trails, CANVAS offers an unparalleled living experience. This elegant penthouse one-bedroom (A1) features high ceilings in the living, dining, and bedroom areas, extra-large windows, and chic laminate flooring. The space is thoughtfully designed with quartz countertops, stainless steel Samsung appliances, and contemporary cabinetry, providing a sophisticated living environment. CANVAS offers a range of amenities, including a gym, the Canvas Club with a comfortable lounge and kitchenette, a spacious outdoor patio for BBQ. One parking spot and one Storage. (id:48205)

1 Bedroom 1 Bathroom 477
For sale
$449,900
103B 3043 270 STREET, langley, British Columbia

103b 3043 270 Street

Langley, British Columbia

THIS GROUND FLOOR CONDO HAS IT'S OWN PRIVATE ENTRANCE AND 2 PARKING RIGHT AT IT'S FRONT DOOR. This feels like a townhome not an apartment. This 2 bed, 1.5 bathroom suite has double glazed windows, a spacious floor plan, insuite laundry and plenty of closets for storage. Great location for date nights & play dates with the kids. Located right across the street from the Aldergrove Community Center with waterslides, outdoor pool, gym and more. 3 blocks away you'll find the up and coming downtown shopping district estimated to open end of 2025. Walking distance from all levels of schools, parks, restaurants, shopping, transit. Only 15 minutes to Langley and Abbotsford. Well run strata. BEST LOCATION EVER. Immediate possession possible. 2 CATS ALLOWED, no dogs. FAMILY FRIENDLY COMPLEX. (id:48205)

2 Bedroom 2 Bathroom 948
For sale
$449,000
221 20360 LOGAN AVENUE, langley, British Columbia

221 20360 Logan Avenue

Langley, British Columbia

Welcome to this amazing corner one-bedroom south-facing unit. It's perfect for first-time home buyers or an investor. Additional upgrades include two storage lockers and laminate flooring throughout the unit. The patio opens up to the courtyard oasis that your can enjoy with your family. The gym and the party room are next to the unit. It is close to boutique shops, breweries, parks, and the highly anticipated Langley Skytrain. The proposed Skytrain is expected to connect commuters to King George Station in just 22 minutes and to Vancouver downtown in 59 minutes. Call today for inquiries. (id:48205)

1 Bedroom 1 Bathroom 462
For sale Open House
$446,500
207 20360 LOGAN AVENUE, langley, British Columbia

207 20360 Logan Avenue

Langley, British Columbia

Spacious 1 Bedroom 1 Bath home by Whitetail developments offer a spacious, functional layout with modern sleek design which is tastefully decorated. This recently built development is near the proposed skytrain station. This home offers quality laminate and tile throughout, S/S appliances, elegant Quartz countertops, great amenities, indoor gym, putting green and amazing courtyard. Ideal for investors and downsizers in the heart of Langley city. Close to everything including shops, schools, recreation & transit. Open Sat April 27, 2024 2-4pm. (id:48205)

1 Bedroom 1 Bathroom 477
For sale
$445,000
61 24330 FRASER HIGHWAY, langley, British Columbia

61 24330 Fraser Highway

Langley, British Columbia

Welcome to Langley Grove Estates! Beautiful Custom Double Wide beautifully updated featuring over 1500 square feet with 2 beds, plus den or 3rd bedroom with custom bar, walk in shower/tub for future mobility issues, Nest thermostat, heat pump, A/C, security system, 2 sunrooms with fireplace for year round entertaining and enjoyment, large private yard plus a large detached workshop. Ready for immediate occupancy. Located on a large private lot in quiet park like setting. Low pad rental of $920.00 a month which includes garbage, recycling, snow removal and incredible amenities in this resort style living! Opportunity is knocking to own your own brand new home in this desirable Parkbridge Community. No age restrictions and 2 small pets (17"at shoulder) ok. Call today before it's too late! (id:48205)

3 Bedroom 1 Bathroom 1782
For sale
$439,800
406 6390 196 STREET, langley, British Columbia

406 6390 196 Street

Langley, British Columbia

FANTASTIC VALUE! PENTHOUSE - TOP FLOOR SOUTH WEST CORNER at Willow Gate in the heart of Willoughby. Incredible panoramic Mount Baker & City lights view from all rooms & huge partly covered wrap around balcony perfect for sun rise coffee & sunset dining! Bright & spacious 762 sqft open plan one bedroom unit boasts large kitchen with breakfast bar counter open to dining rm & living rm w/cozy gas heatilator fireplace. Enjoy the convenience of a large walkthrough closet leading to semi-ensuite bathroom, insuite washer/dryer & insuite storage room/flex space (could be office nook). One covered parking space. Loads of parking close by. Two pets welcome, no size restriction. Rentals allowed. Perfectly located steps to EVERYTHING - Willowbrook Shopping Centre, restaurants, transit & upcoming skytrain. A must see! (id:48205)

1 Bedroom 1 Bathroom 762
For sale
$435,900
307 5664 200 STREET, langley, British Columbia

307 5664 200 Street

Langley, British Columbia

Welcome Home to this modern turn key ready to move in home dripping with natural light. Spacious foyer & entry, updated bedroom, bathroom, large bright dining & living area's with huge windows & maximum light! Enjoy the covered balcony for year round entertaining & use! New high end laminate flooring, luxurious fresh paint & updated modern light. Large functional kitchen with a lot of storage & cupboards, Stainless Steel appliances & built in microwave! Rentals allowed ! Centrally located, close to shops, amenities, transit! BONUSES INCLUDE: 1 Parking + 1 Storage & Heat Included in the maintenance fee, 2 pets any size in family friendly Call to book your private showing! (id:48205)

1 Bedroom 1 Bathroom 724
For sale
$434,900
204 20727 DOUGLAS CRESCENT, langley, British Columbia

204 20727 Douglas Crescent

Langley, British Columbia

Spacious and bright 2 bdrm corner unit with wrap around balcony in Josephs Court. Nicely updated unit located on the South West corner with huge primary bdrm and good sized secondary bdrm with Murphy Bed making for a universal use space. Lots of updates a few years ago including carpeting, blinds, light fixtures, S/S appliances and more. Fridge, dishwasher, washer/dryer are just 2 years old. No surrounding buildings to obstruct your view of the greenery and evening lights. Amenities include library/sitting room, guest suite, games room and lounge. Well maintained building centrally located within walking distance to grocery stores, Pharmacy, transit, shops, restaraunts and transit. If your looking for a secure quiet place to enjoy retired life this is the place. One occupant must be 55. (id:48205)

2 Bedroom 1 Bathroom 845
For sale
$430,000
401 19825 54 AVENUE, langley, British Columbia

401 19825 54 Avenue

Langley, British Columbia

TOP FLOOR // 1 BED //1 BATH // 2 PARKING (YES 2 SECURE UNDERGROUND PARKING).Welcome to The Forme on 54th built by the Prestigious Whitetail Homes! This bright & beautiful UNIT is immaculate (pride of ownership) & has only 1 neighbor beside it! ALMOST BRAND NEW (Still under FULL 2/5/10 Warranty!!) Perfect for 1st-time homeowners or INVESTORS (No Rental Restrictions). This Floorplan provides great functional space as well as a sunny EAST FACING patio. Don't be fooled by 397 sq ft, you really MUST SEE! Nestled in an up and coming neighborhood, this home is within walking distance to a future SKYTRAIN STATION (2028), schools, shopping centers (T&T & HMART 2 min drive), Brydon Park, cafes, trails and all amenities. Call today to book your appointment! (id:48205)

1 Bedroom 1 Bathroom 397
For sale
$425,000
407 5499 203 STREET, langley, British Columbia

407 5499 203 Street

Langley, British Columbia

Welcome to Langley City! This 1-bedroom, 1-bathroom condo offers a perfect blend of convenience & investment potential. Conveniently situated near shops, restaurants, parks, and public transportation, this condo offers easy access to everything Langley City has to offer. Whether you're a first-time buyer looking to enter the market or an investor seeking a high-yield property, this condo is a must-see. Don't miss out on the chance to own a piece of Langley City real estate that combines modern comfort with investment potential. Schedule your viewing today & make this condo your next smart investment! (id:48205)

1 Bedroom 1 Bathroom 816
For sale
$425,000
208 5504 BRYDON CRESCENT, langley, British Columbia

208 5504 Brydon Crescent

Langley, British Columbia

CANVAS - Quite 2nd level Unit facing the front side of the building, this 1 bed, 1 bath home comes with open and modern design features, centrally located just minutes from Langley City's future skytrain station, as well as restaurants, boutique shops & acres of parks and trails around Brydon Lagoon & the Nicomekl River Habitat. Well appointed floorplans feature 9' ceilings, polished quartz kitchen & bathroom countertops & Samsung appliances. Exterior finishes include classic red brick & durable hardboard siding. This One Bedroom A1 plan features a functional, U- shaped kitchen, full sized washer and dryer and offers access to your private deck from your living space. 1 Parking and 1 Storage Locker included. (id:48205)

1 Bedroom 1 Bathroom 477
For sale
$419,800
303 5504 BRYDON CRESCENT, langley, British Columbia

303 5504 Brydon Crescent

Langley, British Columbia

This stunning 3rd Floor A1 floorplan unit is perfect for those who appreciate modern style and convenience. Welcome to CANVAS soon to be Langley's newest luxury building, Step into luxury with sleek, contemporary finishes throughout, quartz countertops and upgraded flooring. Did I mention in-suite laundry? Enjoy your private & secure gated parking. This is the one! High-end features and a tranquil setting, it's the perfect place to call home. Don't miss out on the opportunity to live in this brand new and stylish building. Nestled in a desirable neighborhood, close to amenities, parks, shopping and will be walking distance to the new Langley center SkyTrain station too! Call today for more Info! Best Value in Langley!!! (id:48205)

1 Bedroom 1 Bathroom 477
For sale
$419,000
305 19940 BRYDON CRESCENT, langley, British Columbia

305 19940 Brydon Crescent

Langley, British Columbia

Brydon Green by White Tail Homes, this spacious one bedroom unit is perfect for 1st time buyers and investors. Centrally located and minutes away to schools, parks, Willowbrook Mall and transit plus future skytrain station, it's also surrounded by nature trials! The open concept kitchen offers sleek granite counters, modern stainless steel appliances. High quality laminate floors throughout, spacious bedroom with air conditioning. In-suite laundry. Rental and two pets allowed. (id:48205)

1 Bedroom 1 Bathroom 462
For sale Open House
$418,000
208 5700 200 STREET, langley, British Columbia

208 5700 200 Street

Langley, British Columbia

Exciting opportunity for first-time buyers or investors! This 1-bedroom upper unit is located in a highly convenient downtown Langley area. Close proximity to transit, parks, and great shopping, this location offers unparalleled convenience. Future Skytrain expansion coming to the area. Fully updated both inside and out including recently painted exterior and common areas. Building is meticulously maintained. Shared laundry, storage locker #44 and reserved parking spot #75 included. Additional parking may be available. Enjoy the bright and spacious interior, complete with a balcony overlooking a beautiful green space. Plus benefit from very low maintenance fees that include heat and hot water. Rentals and Pets allowed ( no short term rentals <90 Days).Don't miss this opportunity ! (id:48205)

1 Bedroom 1 Bathroom 624
For sale Open House
$415,000
407 5485 BRYDON CRESCENT, langley, British Columbia

407 5485 Brydon Crescent

Langley, British Columbia

Great opportunity to get into the market or use as an investment. This studio condo in "The Wesley" is close to everything. Shopping, Hiking trails, Golf, Restaurants, Schools and will be within Walking distance to the New Skytrain station when it is completed. This unit also has a 75 sqft balcony and it is far enough away from 200th that it is quiet to sit out there and relax. (id:48205)

1 Bathroom 461
For sale
$409,500
210 27111 0 AVENUE, langley, British Columbia

210 27111 0 Avenue

Langley, British Columbia

2 Collasped sales. Available again. Current Lease Expires in 2072... Pad Fee $450... One of the Lowest Pad Fees Around 1248 sq ft.. 3 bedrooms, with 2 full bathrooms. Air Conditioned, Laminate flooring, Newer Fridge, Stove, Washer and Dryer.. Double Covered Parking and room for RV. Large Workshop and Covered Deck. Private Location.. Welcome to Pioneer Park... A 55+ Co-Operative Modular Home Park... The Best Park in BC... Mandatory Participation required. 2 Pets Allowed. No Height Restrictions for Dogs. Required share fee of $9190 not included in sale price (refundable at re-sale). (id:48205)

3 Bedroom 2 Bathroom 1248
For sale
$400,000
224 8880 202 STREET, langley, British Columbia

224 8880 202 Street

Langley, British Columbia

CONVENIENT LOCATION IN A GREAT RETIREMENT COMMUNITY FOR THE ADULT 55+ AT ' THE RESIDENCES OF VILLAGE SQUARE' such a perfect location, can walk to many of the conveniences & easy access to all amenities including dental/doctors, banking, drugstore, Fresh Market, shopping, theatres, restaurants, transit, Golden Ears Bridge & Hwy 1.The complex offers concierge service, fitness room, lounge & beautiful courtyard garden & roof top deck . NORTHWEST facing unit, well maintained 1 bed/1 bath unit , upgraded laminate floor, heated tile bath floor, double wide walk in shower, updated kitchen cabinets, in-suite laundry . One parking, storage locker & scooter storage. One dog ( 18") or one cat allowed. (id:48205)

1 Bedroom 1 Bathroom 579
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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