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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
$689,000
B505 20487 65 AVENUE, langley, British Columbia

B505 20487 65 Avenue

Langley, British Columbia

Popular Township Commons complex, 2 good sized bedroom PENTHOUSE unit with North Facing City VIEW! This 2 year old beauty has large windows allowing plenty of natural lighting into unit. Bright and spacious, 9 foot tall ceiling. Quality finishes with quartz countertops, SS full size appliances for the gourmet chef. 2 full bathrooms, and insuite laundry. TWO balconies, TWO large size parking (one handicap size) (#20/21) by the elevators. One locker (P1-84). Excellent walk score as it is close to shopping, transit, schools and recreation. Excellent tenants ($2500/pm) could stay. Pets & Rentals allowed. Showing by appointment only. Hurry, don't miss this one. (Photos from original File) (id:48205)

2 Bedroom 2 Bathroom 864
For sale
$689,000
317 20686 EASTLEIGH CRESCENT, langley, British Columbia

317 20686 Eastleigh Crescent

Langley, British Columbia

Georgia West! A boutique building sitting on a quiet inner street nestled at the edge of Downtown Langley! Open concept living, this 3 bedroom corner unit offers tons of natural light with oversized windows, 9ft celings and laminate flooring throughout. Well equipped kitchen with granite countertops, stainless steel appliances and ample cabinets along with extra storage in laundry, this home also features a large primary room with a walk-in closet and A/C unit for added convenience. Pet friendly building with amenities such as: gym (same floor), meeting room and courtyard. Comes with TWO parking stalls. Convenient location, walking distance to transit, schools, parks, locally owned shops and restaurants not to mention close proximity to the future Langley Skytrain! Urban living, small town charm! (id:48205)

3 Bedroom 2 Bathroom 1118
For sale
$689,000
207 20276 72B AVENUE, langley, British Columbia

207 20276 72b Avenue

Langley, British Columbia

Explore Flora & Fauna, the latest venture from Tangerine situated at the heart of Willoughby. Nestled within Fauna, this 2 bedrooms, 2 bathrooms, and a den spanning around 754 square feet. Offering a blend of sophistication and contemporary flair, this dwelling showcases wide plank flooring, modern white and wood soft-close kitchen cabinets, quartz countertops, stainless steel appliances, roller blinds, and stylish lighting fixtures. The primary bedroom is accompanied by a walk-in closet and a deluxe 3-piece ensuite bathroom. The complex epitomizes modern living, providing over 4,000 square feet of indoor and outdoor amenities, including a park, playground, kitchen, lounge, gaming center, and gym. This property includes 1 parking,1 storage and a bike locker. Pets and rentals allowed. (id:48205)

2 Bedroom 2 Bathroom 754
For sale Open House
$688,000
306 8327 201 STREET, langley, British Columbia

306 8327 201 Street

Langley, British Columbia

Welcome to "Latimer Height" by Vesta Properties!! Spacious & Bright 2 Beds & 2 Baths Corner Unit with 2 Balconies facing South & West, Unobstructed view Overlooking parks, trails offer you great privacy. 1 Parking & 1 Storage Locker at P1. The suite has contemporary laminates flooring with 9 ft ceiling, Good Gourmet Kitchen with High-end Samsung Appliances, Gas Stove, Quartz Countertop. Pet Friendly & Excellent Location - Easy Access to HWY #1, Minutes from Carvolth Exchange, Great School Catchments - Willoughby Elementary, Yorkson Creek Middle, R.E. Mountain Secondary with IB program, New elementary school & park coming soon in 5 min walk. Many shops & restaurants nearby. (id:48205)

2 Bedroom 2 Bathroom 943
For sale
$688,000
217 20686 EASTLEIGH CRESCENT, langley, British Columbia

217 20686 Eastleigh Crescent

Langley, British Columbia

Explore the Georgia, your urban Sanctuary! Nestled at the edge of Downtown Langley, this corner 3 bed, 2 bath condo offers 9' ceilings, 1118 square feet of open living space, stainless steel appliances, granite counters, and air conditioning. Enjoy spacious dining, a large master, and a huge patio. Prime location near shops, restaurants, schools and future Langley Skytrain. Nature trails just 10 mins away. Don't mss this urban oasis that comes with 2 parking and a storage locker. (id:48205)

3 Bedroom 2 Bathroom 1118
For sale
$688,000
107 20276 72AVE AVENUE, langley, British Columbia

107 20276 72ave Avenue

Langley, British Columbia

. (id:48205)

2 Bedroom 2 Bathroom 814
For sale Open House
$680,000
410 5486 199A STREET, langley, British Columbia

410 5486 199a Street

Langley, British Columbia

Discover the essence of modern living at Ezekiel, ideally situated near Langley City's future Skytrain station. This 2-BEDROOM plus spacious DEN, 2-BATHROOM unit boasts 2 PARKING spots and a STORAGE locker, ensuring convenience and comfort. Entertain in style in the expansive living room and dining area, complemented by a stunning kitchen featuring stainless steel appliances, wood cabinets, granite countertops, and a large island. With easy access to community centers, malls supermarkets, golf courses, parks, and restaurants, this apartment caters to every aspect of your lifestyle. Don't miss out on the opportunity to turn this beautiful unit into your dream home - seize the moment and elevate your living experience at Ezekiel. Open House SAT/SUN 2 PM to 4 PM (April 27- April 28). (id:48205)

2 Bedroom 2 Bathroom 910
For sale
$680,000
205 19935 75A AVENUE, langley, British Columbia

205 19935 75a Avenue

Langley, British Columbia

Welcome to this stunning 2 Bed | 2 Bath home in Windsor Development that offers 874 square feet of luxury living. This unit includes luxury laminate flooring, natural gas stove, oversized island with room for barstools, S/S appliances, lots of cupboard space and an oversized patio! The home has a fantastic floorplan that includes two LARGE bedrooms that each have an ensuite. This unit faces the courtyard for ultimate privacy and great views year round. Not to mention, 2 parking stalls and low strata fees! (id:48205)

2 Bedroom 2 Bathroom 874
For sale
$680,000
408 5486 199A STREET, langley, British Columbia

408 5486 199a Street

Langley, British Columbia

Experience luxury living with this expansive over 1000 sq. ft unit , above the average, Very Spacious 4th floor unit with 2-bed & 2-bath PLUS den with large living room boasts 9-foot-high ceilings, contemporary open-concept kitchen with stainless steel appliances and granite countertops, plus in-suite laundry. Large spacious Den makes working from home more enjoyable. Enjoy the perks of a modern lifestyle with amenities like Gym, community hall and yoga room. Open concept design blends living, dining, and kitchen seamlessly. Sound limiting walls and high ceilings provide peace and privacy. Don't miss the opportunity to make this incredible home yours. Close to Willowbrook mall, London drugs, walmart, home depot, costco and more. Book appointment ASAP for private viewing. Don't miss it (id:48205)

2 Bedroom 2 Bathroom 1027
For sale
$679,900
406 20614 80 AVENUE, langley, British Columbia

406 20614 80 Avenue

Langley, British Columbia

Welcome to ELLERY- Boutique collection of 22 Superior Concrete Built Exquisite Apartments in Langley's desirable Willoughby neighborhood. This Exquisite 2 bedroom, 2 bath unit has a lofty ceilings, Custom designed Floor Plan, Chef-inspired kitchen with quartz countertops & stacked pattern backsplash, gas range, wide plank flooring with all closets having built-in organizers and the Elegant Primary Bedroom boasts an impressive Layout. You will enjoy the incredible views from the expansive rooftop patio. Live above a suite of wellness-inspired businesses and Walking distance to Willoughby Town Centre, Shopping, Restaurants, Cafe's and so much more. (id:48205)

2 Bedroom 2 Bathroom 810
For sale
$679,900
C404 20211 66 AVENUE, langley, British Columbia

C404 20211 66 Avenue

Langley, British Columbia

This is a Top floor corner unit penthouse facing south for oceans of light with high ceilings and tall windows providing a large open feeling. Pets are allowed with restrictions and there are lots of amenities such as a well equipped gym and games room. All the shopping you need is nearby including Walmart, Best Buy, Costco, Home Depot, London Drugs, Save-on Foods and many places to dine out. Skytrain is coming soon so now is the time to buy before prices jump! (id:48205)

2 Bedroom 2 Bathroom 881
For sale
$679,900
109 20267 72 AVENUE, langley, British Columbia

109 20267 72 Avenue

Langley, British Columbia

Your new home awaits at Flora! Located in the heart of Willoughby, this spacious 2bed/2bath ground floor unit offers living space with pot lights and what makes it more beautiful is it's gorgeous pendant lights over kitchen island! Unit comes with 1 parking, 1 storage locker, and 1 bike storage. Easy access to schools, shopping, highway, event centre, and parks. This home offers it all! Completion estimated for Spring 2024 (assignment of contract). (id:48205)

2 Bedroom 2 Bathroom 788
For sale
$679,800
314 20376 86 AVENUE, langley, British Columbia

314 20376 86 Avenue

Langley, British Columbia

WELCOME TO YORKSON PARK by QUADRA HOMES! This 890 SQFT 2 BED + FLEX + 2 BATH home redefines luxury living. Enjoy the STUNNING MOUNTAIN VIEWS on its FULLY retractable solarium, perfect for year-round indoor/outdoor enjoyment complete with a gas BBQ hookup. The expansive glass wall of oversized floor-to-ceiling windows floods the living space with natural light and offers stunning views. The gourmet kitchen boasts Samsung appliances, including a gas 5-burner cooktop and double oven, complemented by quartz c/t throughout. The master feat. a large walk-in closet and ensuite with double sinks, heated floors, and a spacious stand-up shower. Also incl. a separate laundry room, A/C, 2 side-by-side parking & 1 LARGE garage-style storage w/ power for EV. (id:48205)

2 Bedroom 2 Bathroom 890
For sale
$679,000
610 20360 LOGAN AVENUE, langley, British Columbia

610 20360 Logan Avenue

Langley, British Columbia

Welcome to GENESIS. A 6-storey BUILDING in the growing CITY CENTRE of Langley. Great LOCATION, close to Shopping, Restaurants, Cascade Casino and the future SKYTRAIN Station of Langley. This TOP floor HOME Features 2 Bedrooms, 2 Bathrooms, 1,100 square feet of LIVING SPACE, Breathtaking VIEWS, Large Covered BALCONY, Engineered QUARTZ countertops with UNDERMOUNT Sinks, STAINLESS STEEL Appliances 2 PARKING Stalls, Full Size STORAGE LOCKER, Fitness CENTRE, Outdoor Green AREAS and more. (id:48205)

2 Bedroom 2 Bathroom 1100
For sale Open House
$678,800
B220 20834 80 AVENUE, langley, British Columbia

B220 20834 80 Avenue

Langley, British Columbia

Alexandra Square by award-winning developer, RDG, is conveniently located in the thriving Willoughby neighbourhood across from the Town Centre. This 2 bed 2 bath unit features a modern style with an efficient plan that lets you live in a functional space, with bright and airy open layouts. Nearby Shopping mall, Recreation Centres, School. Quick and easy access to public transit and Highway 1, Fraser Highway. Meet neighbours and friends in the landscaped courtyard or entertain guests on your common rooftop patio or the entertainment lounge with a full kitchen. (id:48205)

2 Bedroom 2 Bathroom 738
For sale
$678,000
607 5398 207 STREET, langley, British Columbia

607 5398 207 Street

Langley, British Columbia

Vera Downtown Langley! 1 Bed 1 Bath compact and affordable Unit, 8 minutes walk from future skytrain station in 2028. The unit comes with 1 free parking and 1 free Locker. Locker on the same level of the unit. Wall-mounted AC,EV parking option, 9 feet floor height, open design kitchen, brand appliances. Live or invest! Action Fast! (id:48205)

2 Bedroom 2 Bathroom 708
For sale
$675,000
112 20276 72B AVENUE, langley, British Columbia

112 20276 72b Avenue

Langley, British Columbia

Welcome to Fauna! This gorgeous ground-floor, corner unit offers a 814 sq.ft of living space With 2 beds, a den and 2 full bathrooms along with 1 parking spots and 1 storage locker, you're going to love calling this place home! Step out onto your ground level patio to enjoy your morning coffee in Langley's desirable Willoughby community! Other features include 9' ceilings, soft close cabinets, quartz countertops, and wide-plank vinyl flooring. Located 10 mins from Walmart, Costco, Willowbrook Mall, and much more! Estimated completion July/August 2024 (id:48205)

2 Bedroom 2 Bathroom 814
For sale
$675,000
410 20267 72 AVENUE, langley, British Columbia

410 20267 72 Avenue

Langley, British Columbia

Welcome to Flora, a stunning example of West Coast contemporary architecture crafted by Tangerine Development. Nestled on the top floor, this 2 bed, 2 bath unit offers a serene escape near the charming community of Willoughby and the bustling Willoughbrook area. Boasting over 4500 sq. ft. of indoor & outdoor space. Flora is a haven for all generations, featuring a children's playground, private gym, gaming area, and a well-appointed party room. Inside the unit enjoy modern elegance with soft close kitchen cabinets, quartz countertops, and classic glass pendant lights. Practical features include under-cabinet task lighting, stainless steel appliances, full tile backsplash, vinyl flooring and a bedroom with walk in closet. A parking, Storage, and Bicycle locker included for your convenience. (id:48205)

2 Bedroom 2 Bathroom 789
For sale
$674,800
209 20276 72 AVENUE, langley, British Columbia

209 20276 72 Avenue

Langley, British Columbia

ASSIGNMENT OF CONTRACT. - Welcome to Flora & Fauna by Tangerine in the heart of Willoughby. This 2-bed, 2-bath residence spans 788 sq ft. It boasts wide plank flooring, chic kitchen cabinets with an island, quartz countertops, stainless steel appliances, roller blinds, and refined lighting. The primary bedroom features a walk-in closet. Enjoy over 4,000 sq ft of amenities including a park, playground, lounge, and gym. Comes with 1 parking, 1 storage locker, 1 bike locker, and a one-year Telus package. Pets and rentals allowed. Welcome to sophistication and comfort. Completion in late June or early Aug 2024. (id:48205)

2 Bedroom 2 Bathroom 788
For sale
$669,000
209 5485 BRYDON CRESCENT, langley, British Columbia

209 5485 Brydon Crescent

Langley, British Columbia

Introducing a stunning CORNER Spruce 2 bed/2 bath unit in The Wesley, boasting a spacious WRAP-AROUND BALCONY! Embrace modern living w/sleek finishes including high-quality laminate flooring, remarkable tile & natural stone granite countertops throughout the bathrooms & kitchen. Elevate your lifestyle w/ building amenities such as a fitness center, yoga studio, library, & meeting room. Perfectly situated in a Prime location, enjoy easy access to shopping, dining, parks, schools, & anticipate the future skytrain connection coming to Langley, promising even more convenience & connectivity. Includes bike locker & storage space. Pets & rentals allowed, offering endless possibilities for flexible living arrangements. (id:48205)

2 Bedroom 2 Bathroom 1031
For sale
$669,000
421 8117 200A STREET, langley, British Columbia

421 8117 200a Street

Langley, British Columbia

Eastin by Essence Properties located in the thick of Langley's thriving Willoughby, close to Willowbrook and Walnut Grove. Offers chef inspired kitchens with quartz countertops, accent glass cabinets, SS appliances, Upgraded Vinyl plank flooring throughout the unit. Corner unit with South East facing from the balcony, Light color scheme, 1 parking & 1 locker & A/C. Slip into an easy way of life, where shops, services, parks, and schools are just outside your front door. Grab dinner and drinks at a favourite restaurant, pick up groceries on your way home, or take your pup to the dog park. Entertainment is also close - watch a sporting game or attend another event at Langley Event Centre or catch a new film at the cinema. Getting around is a breeze with highway access and transit nearby. (id:48205)

2 Bedroom 2 Bathroom 874
For sale Open House
$660,000
207 5638 201A STREET, langley, British Columbia

207 5638 201a Street

Langley, British Columbia

"The Civic" a vibrant community just four years young! This spacious 2-bedroom plus den unit spans 915 sq.ft. & boasts a fantastic open floor plan. With bedrooms on opposite ends, it offers privacy and functionality. Enjoy modern touches like stainless steel appliances, quartz countertops, Kohler fixtures, high-end laminate flooring, and lofty 9-foot ceilings. Situated in the heart of Langley City. you'll be steps away from amenities such as the future Surrey-Langley Skytrain, Save-on Foods, Starbucks, restaurants, parks, schools and a gym. Plus, Fraser Hwy is easily accessible for your convenience. (id:48205)

2 Bedroom 2 Bathroom 913
For sale
$659,999
409 19825 54 AVENUE, langley, British Columbia

409 19825 54 Avenue

Langley, British Columbia

Welcome to this centrally located residence, just moments away from the future Skytrain in Langley City! This impeccably maintained top-floor condo is brand new, featuring 2 bedrooms or a spacious den, along with 2 full bathrooms. The well-designed layout includes one ensuite and another bathroom. The home offers stainless steel appliances, quartz countertops, laminate flooring, and convenient in-suite laundry. Enjoy western exposure from your generously sized private outdoor space. Elevated above neighboring homes, this home includes 1 parking stall, along with plenty of visitor parking and ample street parking. Ideal for downsizers or young families! The photos in the bedrooms and living room are virtually staged. (id:48205)

2 Bedroom 2 Bathroom 771
For sale Open House
$659,900
A226 20727 WILLOUGHBY TOWN CENTRE DRIVE, langley, British Columbia

A226 20727 Willoughby Town Centre Drive

Langley, British Columbia

Welcome to The Residences in the heart of Willoughby Town Centre! Beautiful, Bright 2 bedroom, 2 full bathroom condo comes with a huge, private, north facing balcony with unobstructed mountain views. An open floor plan with 9' ceilings, air-conditioning in living room, laminate flooring throughout, kitchen with stone counters and two tone cabinets, s/s appliances including gas cooktop & an island with pendant lighting. The master bedroom has a walk through closet & an ensuite bathroom. Gas included in strata fee. 2 secured underground parking/1 huge storage locker. Amenities include- guest suite, club house, a rooftop patio w/BBQ, playground & community garden. Perfect for families, 4-5 min walk to Willoughby Elementary School & 5 min drive to Yorkson Creek Middle School. (id:48205)

2 Bedroom 2 Bathroom 827
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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