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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
$1,249,900
5240 201A STREET, langley, British Columbia

5240 201a Street

Langley, British Columbia

This rancher is a great find! Its three bedrooms and updated kitchen offer comfortable living space, while the 1.5 baths add convenience. With 6000 square feet of land, there's ample room for outdoor enjoyment or potential development. Being close to nature trails provides opportunities for outdoor activities and relaxation, while the proximity to shopping, schools, and transit makes daily life convenient. It's a fantastic blend of comfort, convenience, and potential for future growth! (id:48205)

3 Bedroom 2 Bathroom 1179
For sale
$1,249,900
131 8888 216 STREET, langley, British Columbia

131 8888 216 Street

Langley, British Columbia

Immerse yourself in this exquisite 1828 sqf home plus massive 500 sqf deck, backing onto the Walnut Grove golf course. Recently renovated to the highest standards, main floor features expansive tiles, a chef-inspired kitchen w/ quartz countertops, oversized island,& premium applnces including a 36" professional gas stove w/ pot filler & a built-in bar wine fridge. Entertain guests year-round on the approx 500 sqf maintenance-free composite deck, protected by a motorized retractable cover & side walls, plus additional turfed backyard & BBQ space. The basement offers a versatile rec/media room and an extra bathroom, perfect for gatherings. Upstairs, enjoy 3 bedrooms + den, 2 bathrms,& an private outdoor terrace for your morning coffee. Don't miss out on your dream home - right here! https://youtu.be/n0b4_7ABNlk (id:48205)

3 Bedroom 4 Bathroom 1828
For sale
$1,249,777
2533 WILDING CRESCENT, langley, British Columbia

2533 Wilding Crescent

Langley, British Columbia

Prime location in the sought-after Langley Meadows community. This stunning residence boasts 4 bedrooms and 3 bathrooms, offering the perfect space for your family to thrive. The large living room and totally separate family room provide even more space for your family to enjoy. Upstairs you have 3 bedrooms and 2 full washrooms. One bedroom on the main level as well to cover all family needs. Updates include a new roof, updated windows, kitchen and much more. You will have everything you need right at your fingertips, with Willowbrook Mall, Costco and a variety of fantastic restaurants all within walking distance. Busy commuters will appreciate the easy access to Highway 1, making your daily travels a breeze. Families will have access to top schools in the area.Open House Sat 2pm-4pm (id:48205)

4 Bedroom 3 Bathroom 1742 sqft
For sale
$1,249,000
20409 82 AVENUE, langley, British Columbia

20409 82 Avenue

Langley, British Columbia

Former show home! Brimming with extras: Custom accent wall in dining area, stunning rock surround fireplace, large pantry with roll out shelves, crown moulding, bright white kitchen cabinets, quartz counters, stainless appliances, upgraded gas stove. CENTRAL A/C, HW on demand, screens on windows, back screen door. Backyard=paradise found: Jacuzzi hot tub with smart wifi Bluetooth speakers & lighting package, gas hookup for bbq, eco pave deck & driveway. Fully fenced w/gated access to single garage & 1 open parking stall off lane. Basement an entertainers dream, or your own sanctuary: media room, oversize TV, large sectional couch, custom design bar w/dual zone bar fridge & full bath. Main floor den at front door offers a work from home option. ROW house NO STRATA FEES! Come & See. (id:48205)

3 Bedroom 4 Bathroom 2007 sqft
For sale
$1,249,000
14 21150 76A AVENUE, langley, British Columbia

14 21150 76a Avenue

Langley, British Columbia

Multiple reasons to call this Willoughby home yours ! Spacious 5 bedrooms and 2433 S/F above ground level ! Located in a Family oriented area close to Places of WORSHIP, Sublime RESTAURANTS, COSTCO, All stye of SHOPPING, Langley Events Center, High-Ranking SCHOOLS- RE Mountain, Richard Bulpitt, Picturesque PARKS and access to Major Highways. LAYOUT and functionality: Main floor Bedroom has an ensuite bath and can be used as your office, gym or guest room. Open concept kitchen and eating area are separated from living/dining room. Upper floor has 4 Spacious BEDROOMS. Enjoy your morning tea on the balcony in the SERENITY of a GREEN SPACE. Upgrades include Smooth Ceiling, Laminate Floor on ALL LEVELS, laundry room with High End Washer and Dryer, EV rough-in. This home has all you desire ! (id:48205)

5 Bedroom 4 Bathroom 2433 sqft
For sale
$1,248,888
4558 197 STREET, langley, British Columbia

4558 197 Street

Langley, British Columbia

LOCATION LOCATION LOCATION!!! This home is the PERFECT renovation project if you are looking to bring your DREAM HOME TO LIFE! Clean and well-maintained, this 3-level split home in Langley City offers CITY WATER AND SEWER and sits on almost 7200 sqft private lot!!! 3 Bedrooms upstairs with a large main bathroom PLUS 3 piece ENSUITE!!!!! Private backyard with a pool, perfect for relaxation and entertaining. The lower level is set up for a spacious family/media room or has the potential to be converted into a 1-bed in-law suite. Don't miss this opportunity to customize and create your dream home on the 2011 STREET OF THE YEAR! (id:48205)

3 Bedroom 3 Bathroom 2012 sqft
For sale
$1,248,000
23 7138 210 STREET, langley, British Columbia

23 7138 210 Street

Langley, British Columbia

Welcome to your dream home built by award winning builder Vesta Properties, nestled in the heart of Willoughby Heights. This corner unit townhouse offers the unparalleled luxury of single-house living with the convenience of a townhome. Spacious and inviting double-height living room flooded with natural light, creating an airy and welcoming ambiance. Master bedroom conveniently located on the main floor allowing you to enjoy single-level living at its finest. Upstairs has an oversized bedroom and a huge open den - two potential bedrooms awaits your creativity. Also another bedroom and recreation room downstairs. Upgrades include laminate flooring throughout, AC, closet organizers, side by side double garage plus extra-long driveway for extra parking spaces. Act fast! (id:48205)

3 Bedroom 4 Bathroom 2372
For sale
$1,240,000
8851 214B STREET, langley, British Columbia

8851 214b Street

Langley, British Columbia

Welcome to this CHARMING Family Home in the DESIRABLE area of WALNUT GROVE! With 3 SPACIOUS Beds, Den, Rec Room, 3 Baths & 1,971 Sq.Ft of living space, this property has EVERYTHING YOU NEED! The BRIGHT & AIRY living room upstairs feat. a COZY natural gas fireplace, adjacent to the dining room for EFFORTLESS entertaining! The bsmt boasts a LG rec room & wet bar with PLENTY of space for RELAXATION, PLUS a den that can double as a home office OR 4th bedroom. MINUTES AWAY FROM: The Redwoods Golf Course, Forest Hills & James Kennedy Park, Public Transportation, All levels of schools, Save On Foods, Starbucks and MUCH MUCH MORE! Updates Incl: (2009) Windows, Doors, Carpet, Linoleum, Laminate(up), Blinds, Roof(2019). This home is WELL-MAINTAINED & ready for it's NEW OWNER. Call us today! (id:48205)

3 Bedroom 3 Bathroom 1971 sqft
For sale
$1,238,000
20487 82 AVENUE, langley, British Columbia

20487 82 Avenue

Langley, British Columbia

Open house May 18&19,Sat&Sun 2-4PM. Beautifully built Foxridge home in West Willoughby. This 2 storey with basement features an open concept plan with laminate on all 3 floors, stainless steel appliances & quartz counter tops, and a flex which could be an office, den or whatever you choose. 3 bedrooms up, separate double garage out back. Great location, close to shopping & schools, Langley Events Center and easy access to HWY 1. (id:48205)

4 Bedroom 4 Bathroom 2700 sqft
For sale
$1,225,000
21210 95A AVENUE, langley, British Columbia

21210 95a Avenue

Langley, British Columbia

An extra large 8812 sf. lot in charming Walnut Grove, beautifully landscaped with custom garden beds, mature apple and cherry trees, lovely blueberry bushes, fully fenced south facing private yard and an outdoor space with large play structures that will stay intact. Backing onto a greenbelt with a trail that leads to a dog park, this quaint and cozy 3-bedroom rancher has 1 ½ baths and mountain views. Move in ready with lots of new updates including windows, a large covered patio, hot water tank, gas fireplace and storage shed. Just steps away from West Langley School, parks and amenities, this is the perfect home for a young family! A must see. Open House by appt. May.18th 2-3pm. Open Sun. May.19th 1-3pm (id:48205)

3 Bedroom 2 Bathroom 1300
For sale
$1,224,900
20408 84 AVENUE, langley, British Columbia

20408 84 Avenue

Langley, British Columbia

Affordable Freehold Row House with No Strata Fees! This 4-bed, 4-bath gem in Willoughby Heights is the best deal in the area, offering freehold ownership with no monthly fees. Featuring a spacious layout, large rec room, extra bedroom and bath downstairs, ample storage, and abundant natural light. Detached garage and extra parking included. Located within walking distance to schools, shopping, restaurants, and transit. Don't miss out on this unbeatable value. Call today to book your private viewing and secure this fantastic opportunity! (id:48205)

4 Bedroom 4 Bathroom 2128 sqft
For sale
$1,209,900
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 sqft
For sale
$1,209,900
42 21704 96 AVENUE, langley, British Columbia

42 21704 96 Avenue

Langley, British Columbia

OPEN HOUSE COMING . . . Sunday . . . Discover the charm of Beautiful Redwood Bridge Estates! This 4-bed, 4-bath home offers a great room plan, living/dining combo, and a kitchen with granite counters and stainless steel appliances. Updates include; Hardwood, Carpets, washer & dryer, dishwasher. Enjoy hardwood floors and plenty of natural light on the warm main floor. With 3 large bedrooms upstairs plus 1 on the lower ground-level, it offers flexible living. Park in your side-by-side double car garage, entertain on the large balcony, or in the fenced backyard. With one of the best quietest locations and largest yards in the complex, this townhome feels and lives like a detached house! (id:48205)

4 Bedroom 4 Bathroom 2278
For sale
$1,200,000
6582 197 STREET, langley, British Columbia

6582 197 Street

Langley, British Columbia

This bsmt entry well maintained home offers 2399 sq ft, 6 bdrms & 3 bthrms all in a convenient location! Bonus 2 bdrm mortgage helper will help keep your payments down! There are 3 bdrms on the upper level (1 currently used as a tv room) w/ primary offering his/hers closets & a 3 pc ensuite. There is a dining rm, living rm & white kitchen w/ S/S appliances & a casual eating area as well! Step out to the covered patio & enjoy your private outdoor space. The 2 bdrm suite is WALK OUT which makes it nice & bright & leads to the lower patio. Tons of storage both in the home & outside w/ "under the balcony" storage! There is another bdrm/flex down for personal use. The single garage is currently used as storage but is easily converted back to it's original purpose! Parking for 2 on the driveway (id:48205)

6 Bedroom 3 Bathroom 2399 sqft
For sale
$1,200,000
26753 30 AVENUE, langley, British Columbia

26753 30 Avenue

Langley, British Columbia

Open house: FEB 10 & 11@ 11am-1pm. Attention Developers and Builders! Potentially subdividable property in the heart of Aldergrove. Confirm with Township of Langley for future development; meets zoning requirements. 5 bdrm home with 2 bdrm unauthorized basement suite. New roof, gutters, fascia, and hot water tank. Single car garage, ample RV/boat parking. Large backyard, close to schools, parks, and downtown. Walking distance to Aldergrove Community Secondary School and public transportation. Don't miss this golden opportunity! Act now! (id:48205)

5 Bedroom 3 Bathroom 2446
For sale Open House
$1,199,999
204 9190 CHURCH STREET, langley, British Columbia

204 9190 Church Street

Langley, British Columbia

Live the Fort Langley lifestyle in the heart of the village, walking distance to wonderful shops, restaurants, and the river!! This 2 bed 3 bath home in a boutique building (with only 4 private residences) has a huge wraparound rooftop patio (630sf) that has both SE and SW exposure so you get sun all day! Bonus- the buildings elevator brings you straight to the rooftop level, where there's also a loft and 2-piece bath so there's no need to go up and down stairs when enjoying your outdoor space. The main level is spacious enough for a dining room set and bar stools at the island and has a gas fireplace in the living room. Both bedrooms are large enough for queen beds. You have Blacksmith Bakery in your building, a covered parking spot and ice cold A/C. Home is where your Storey begins. (id:48205)

2 Bedroom 3 Bathroom 1280 sqft
For sale
$1,199,999
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 unauthorized suite originally built for family use 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. (id:48205)

4 Bedroom 3 Bathroom 2319 sqft
For sale
$1,199,900
27423 32ND AVENUE, langley, British Columbia

27423 32nd Avenue

Langley, British Columbia

Beautifully renovated 5-bed, 3-bath split entry home in Aldergrove with a LEGAL two-bedroom suite. Updates include fresh paint, new floors, gas range and BBQ line, new windows, French doors, flooring, kitchen upgrades, and S/S appliances. Enjoy Navien gas hot water on demand for savings. Suite features new tiles, countertops, and heated floors. Exterior boasts a new deck, metal roof, landscaping, and a new main water line. Don't miss this unbeatable opportunity! Book your private showing today! (id:48205)

5 Bedroom 3 Bathroom 2081 sqft
For sale
$1,199,900
9328 213TH STREET, langley, British Columbia

9328 213th Street

Langley, British Columbia

Located in desirable Walnut Grove, this well cared for split entry home has 3 bdrm, 1 bath on the main & a spacious rec room, 1 full bath, with a separate entrance below. Enjoy air conditioning in summer, heat pump for efficient heating in the winter & on demand hotwater. Main floor has a bright east facing kitchen, open concept living & dining area with wood fireplace. The large deck overlooks a fully fenced private yard - truly a gardeners delight. Entertain in the rec room below, complete with a gas fireplace &wet bar-previously had a kitchen, can be easily restored. This quiet street is centrally located - walk to W. Langley Elementary, Walnut Grove Secondary, minutes to shopping, recreation, transit, trails & parks. Showing on Saturday May 18th 3pm to 6pm, by appointment only (id:48205)

3 Bedroom 2 Bathroom 1573 sqft
For sale
$1,199,900
34 20155 84TH AVENUE, langley, British Columbia

34 20155 84th Avenue

Langley, British Columbia

Location location location. Popular Willow living community. This is our Our deluxe A Model 2215 sqft plus additional 750 sqft of roof top deck. This gorgeous unit boasts 3 levels 4 bdrm plus a den. 4 baths side x side dble garage features include In floor Hot water heating ,hot water on demand, laminate flooring gorgeous gourmet style kitchen with a seperate pantry,quartz countertops,SS appliances & huge island center.Absolutely loaded with cabinetry. Features Huge Master suite with hi end deluxe ensuite.Extremeely private approx 750 sqft roof top decks reinforced west side for hot tub. Also features a fabulous bsmt layout the Seperate BDRM can be used as guest suite or nannies quarters since 2 entrances into unit. Stunning open concept design.Easy to show and wont disappoint a 10 !! (id:48205)

4 Bedroom 4 Bathroom 2214 sqft
For sale
$1,199,000
9381 210 STREET, langley, British Columbia

9381 210 Street

Langley, British Columbia

OPEN HOUSE MAY 25, 1-3PM (id:48205)

3 Bedroom 2 Bathroom 1339 sqft
For sale
$1,199,000
9548 208B STREET, langley, British Columbia

9548 208b Street

Langley, British Columbia

Located on quiet cul de sac in popular Walnut Grove, spacious bsmt entry home with 3 full baths and 800 sq ft basement . Home is in original condition with an open floor plan awaiting your ideas.Central location close to elementary and high schools, shopping, recreation ,transit and parks .Easy to view and fast possession date is not a problem. (id:48205)

3 Bedroom 3 Bathroom 2107 sqft
For sale
$1,199,000
4741 209 STREET, langley, British Columbia

4741 209 Street

Langley, British Columbia

Prime Langley City Location! This split-entry home boasts a coveted spot directly across from the renowned Newlands Golf Course, offering unparalleled convenience for golf enthusiasts. Situated in close proximity to the Al Anderson Pool and City Park, this 3-bedroom, 2-bathroom residence sits proudly on an expansive 8,400 square foot lot. Boasting a double garage and an elongated driveway, there's ample parking space for guests. The home features several recent updates including a newer furnace, windows, roof, and hot water tank, all done within the last decade. Additionally, a brand-new washer/dryer adds to the home's modern appeal. With suite potential, this property offers significant versatility for buyers. Don't miss your chance to secure this property! (id:48205)

3 Bedroom 2 Bathroom 2167 sqft
For sale
$1,199,000
27209 26B AVENUE, langley, British Columbia

27209 26b Avenue

Langley, British Columbia

Beautiful 2-storey family home in quiet Aldergrove neighbourhood. Open kitchen w/ stainless appliances, new quartz countertops & under-mount sink, & ample cabinetry. Spacious family room w/ gas fireplace & huge windows facing tranquil backyard. Separate front dining room & living room w/ large bay window. Luxury vinyl plank throughout main floor. Mudroom w/ brand new washer/dryer & walk-out patio to private yard w/ mature trees and raised vegetable gardens. Stunning primary bedroom features vaulted ceiling, oversize windows, walk-in closet, & large ensuite including large soaker tub. Garage boasts a woodworker's dream space, plus added office room w/ outside entry. Covered front porch w/ South exposure & cedar hedge. Walking distance to recreation & all levels of great schools. (id:48205)

3 Bedroom 3 Bathroom 2019
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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