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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 Open House
$739,000
A316 8150 207 STREET, langley, British Columbia

A316 8150 207 Street

Langley, British Columbia

Welcome to Union Park by Polygon. This spacious 2 Bed 2 Bath + Flex room with over 921 sqft of living space plus 56 sq feet balcony, w/ 9ft ceilings. This open-concept layout is ideal for entertaining with a large entertainer island, elegant laminate flooring, glossy white cabinetry, quartz countertops, and top-notch appliances including a Fisher & Paykel stainless steel refrigerator are just a few of many features. The building offers Polygon's famous clubhouse of 12,000 sqft, which includes an outdoor pool, jacuzzi, large exercise room, playground basketball court & many more to mention. Steps to shopping, school and rec centres. Call today to book your private viewing! Must check amenities in person. (id:48205)

2 Bedroom 2 Bathroom 921
For sale Open House
$739,000
604 8353 200A STREET, langley, British Columbia

604 8353 200a Street

Langley, British Columbia

TOP FLOOR UNIT at Latimer Village by Award-winning Vesta! This 2 bed + Den, 2 bath floor plan is incredible! 9-foot ceilings, oversized windows in the main living + an open concept kitchen with a light colour scheme. UPGRADED SS appliances, gas range, quartz countertops, and laminate flooring throughout. Spacious bedroom with walk-in closet. BONUS - building with a rooftop patio with BBQ area, putting green and views as far as Burnaby! 1 parking, 1 huge storage behind the parking space, pets w/ restrictions, and rentals ok. Walk to bus loop, restaurants, shopping, and more! Penthouse units always sell quickly! Call today! Private showings can be done from 29 onwards. (id:48205)

2 Bedroom 2 Bathroom 1085
For sale
$735,888
115 20282 72B AVENUE, langley, British Columbia

115 20282 72b Avenue

Langley, British Columbia

This spotless 2 Bedrooms, den and two bathrooms cover 941 square feet and were built by multi-award winning developers. A well-designed floor plan includes an open concept design, a gourmet-style kitchen, a roomy living area, and bedrooms on the other side for the ultimate solitude. Well situated in Willoughby Heights's fastest-growing neighbourhood, close to amenities, shopping centres, supermarkets, parks, and all levels of educational institutions. This won't last forever! Call right away for additional details! FLORA AND FAUNA is an opportunity for a better living lifestyle. (id:48205)

2 Bedroom 2 Bathroom 941
For sale
$735,000
104 20267 72 AVENUE, langley, British Columbia

104 20267 72 Avenue

Langley, British Columbia

Assignment to the newly built condo, a smartly planned 2 bedroom + den located in this new community boasts comfortable living for those looking to enjoy both the indoors and outdoors. (id:48205)

2 Bedroom 2 Bathroom 893
For sale Open House
$734,999
7 20301 53 AVENUE, langley, British Columbia

7 20301 53 Avenue

Langley, British Columbia

This beautiful 3 bed, 2 bath townhome is fully renovated with all the top-notch finishes and is ready for you to call your next home. Bright family room with skylight and large windows. Lots of space in your high-end kitchen w/ custom cabinets, farmhouse sink and high-end appliances. Smart home with modern lighting fixtures while the rustic staircase and the barn door give it the farmhouse feel. Not a fan of a lot of stairs? Don't worry this townhome is only 2 storeys. Southern exposed private backyard is perfect for entertaining and comes with shed for extra storage. All 3 large bedrooms are upstairs incl. great master w/ a walk-in closet. All 3 large bedrooms are upstairs incl. great master w/ a walk-in closet. 2 assigned parking. Large storage. Walking distance to schools, trails and the upcomign sky train. This one won't last! Open house Sat 11th & Sun 12th: 1-3 pm (id:48205)

3 Bedroom 2 Bathroom 1291
For sale Open House
$734,900
305 20081 68 AVENUE, langley, British Columbia

305 20081 68 Avenue

Langley, British Columbia

Welcome to Arora Court a collection of only 15 spacious boutique homes on the greenbelt! Beautiful TOP FLOOR LARGE 967sf corner South West 2bed/2bath home with a unique open concept floor plan. The thoughtfully designed interior offers high-quality finishes, 9ft ceilings, bright white kitchen with soft close cabinetry, quartz counter tops, premium LG S/S appliances, zebra privacy roller blinds and a LARGE island for entertaining. Primary Bedroom features a LARGE walk in closet with closet organizers,spa like ensuite + BONUS vanity sitting area facing a massive window with a cathedral ceiling. Locker located on same floor as unit plus 2 parking stall incl. Pets welcome no size restrictions! Book your private tour today or visit Open House Sat. May 11 2:30-4:30pm (id:48205)

2 Bedroom 2 Bathroom 967
For sale
$729,900
A213 20117 84 AVENUE, langley, British Columbia

A213 20117 84 Avenue

Langley, British Columbia

Azure Grove is Langley's most architecturally significant low rise, with its distinct, contemporary design drawing inspiration from its charming surroundings. It offers a collection of studio, 1, 2 and 3-bedroom homes perfected for everyday life and families of all sizes. Don't miss your chance to establish your roots in a place where nature and convenience are harmoniously connected. (id:48205)

3 Bedroom 2 Bathroom 851
For sale
$729,888
417 20286 72B AVENUE, langley, British Columbia

417 20286 72b Avenue

Langley, British Columbia

Welcome to Flora & Fauna, Tangerine's latest development in the heart of Willoughby. Ascend to luxury living on the fourth floor in this 2 bed/2 bath plus den corner unit, ensuring privacy and scenic views. With no neighbors, this over 900 sq. ft. home exudes sophistication with wide plank flooring, white and wood soft-close kitchen cabinets, quartz counters, stainless steel appliances, roller blinds, and elegant lighting. The primary bedroom features a walk-in closet and a 3-piece ensuite. The contemporary complex offers over 4,000 sq. ft. of indoor and outdoor entertainment, including a park, playground, kitchen, lounge, gaming center, and gym. This unit comes with 1 parking spot and 1 storage unit. Enjoy the vibrant lifestyle with 2 pets allowed and rentals welcome. Do not miss out! (id:48205)

2 Bedroom 2 Bathroom 906
For sale Open House
$729,000
41 7179 201 STREET, langley, British Columbia

41 7179 201 Street

Langley, British Columbia

WELCOME to Denim, located in the heart of Willoughby Heights! This end unit townhome features vaulted ceilings in the living room & primary bedroom with cheater walk-in closest & updated 4 piece bath. Kitchen has a great island with breakfast bar, ample cupboard & counter space with access to the balcony where you can enjoy your morning coffee. Walk down to the rec room which is perfect for a home gym, office, playroom, guest room - the options are endless! Your private backyard where you can enjoy watching the kids & pets play or entertain friends & family on those warm sunny days! With it's coveted location & complex amenities, you don't want to miss this one! Schools, parks, trails, shopping, cafes, grocery & transit are all at your doorstep. (id:48205)

2 Bedroom 1 Bathroom 1326
For sale
$729,000
105 20267 72 AVENUE, langley, British Columbia

105 20267 72 Avenue

Langley, British Columbia

Introducing Flora & Fauna, Tangerine's newest development nestled in the heart of Willoughby. This ground floor residence in Flora offers 2 bedrooms, 2 bathrooms, and a huge den spread across approximately 893 square feet. Exhibiting sophistication and modernity, this home features wide plank flooring, sleek white and wood soft-close kitchen cabinets, quartz countertops, stainless steel appliances, roller blinds, and elegant lighting. The primary bedroom boasts a walk-in closet and a luxurious 3-piece ensuite bathroom. The contemporary complex provides over 4,000 square feet of indoor and outdoor amenities, including a park, playground, kitchen, lounge, gaming center, and gym. Included are 1 parking spaces, 1 storage unit, and 1 bike locker. Two pets are permitted, and rentals are allowed. (id:48205)

2 Bedroom 2 Bathroom 893
For sale
$725,000
1308 21937 48 AVENUE, langley, British Columbia

1308 21937 48 Avenue

Langley, British Columbia

Orangewood ~ a 55+ complex w/ a sense of community rarely found! This 1416 sq ft ground level rancher style end unit is meticulously kept & move in ready! Tons of updates include new furnace, hot water tank, freshly painted & more. Open concept dining & living rm w/ gas fireplace. Step out to the private 10x10 patio & enjoy the upcoming summer! Two huge bedrooms including the primary suite large enough for a king bed w/ his & hers closets & 4 pc ensuite. The den is a great flex space & makes a great office, extra tv rm etc. White kitchen has newer S/S appliances, casual dining space, & there is a full laundry rm. Storage is no problem w/ the easily accessible massive crawlspace! This home has lots of windows & sky lights making it nice & bright! Walk to the library, shopping, rec & more! (id:48205)

2 Bedroom 2 Bathroom 1416
For sale
$725,000
139 20391 96 AVENUE, langley, British Columbia

139 20391 96 Avenue

Langley, British Columbia

Ready to move in two bedroom, two bath, ground floor, spacious rancher style offers lots of living space and a large patio, in prestigious Chelsea Green gated community. Chelsea Green offers outdoor swimming pool, hot tub, clubhouse for large gatherings, exercise room with pool table, guest rooms and more. Two small pets are allowed. One owner must be 55+ years of age. (id:48205)

2 Bedroom 2 Bathroom 1554
For sale Open House
$725,000
B304 20087 68 AVENUE, langley, British Columbia

B304 20087 68 Avenue

Langley, British Columbia

Luxury living in this 2 bed & 2 bath PENTHOUSE, CORNER UNIT, 12FT vaulted ceilings & without a doubt best location in building. This upscale, boutique style condo is nestled against 1,200 acres of parkland and walking trails and offers over 1,000 sqft w/balcony of living space. Unit looks over FOREVER GREEN SPACE providing peaceful and private views of forest from the LOFT STYLE windows bringing WEST COAST nature into your living room. Pacific Northwest style kitchen w/quartz counters, upgraded Samsung S/S appliances, sleek Subway tile, soft close cabinetry and large island, wide plank flooring and stylish lighting. Luxurious/master w/ensuite, oversized frameless shower & double sinks. (id:48205)

2 Bedroom 2 Bathroom 982
For sale
$719,900
6 4860 207 STREET, langley, British Columbia

6 4860 207 Street

Langley, British Columbia

Welcome to Parkview Place! A beautiful 3 bed 2 bath townhouse w/ 1318 sqft of living space! Right across from City Park + Al Anderson Pool makes this an Ideal location! Enjoy your large kitchen w/ granite counters, stainless appliances + loads of cabinet and counter space! Spacious living room w/ space for kids area or office! Entertainers dream - Walk out to your huge 400 sqft private deck with gorgeous greenspace! Dining area, laundry w/ storage and half bath on the main! Huge master bedroom w/ large closets + private deck overlooking your green space! 2 more great size bedrooms up, large storage area + a full bath w/ soaker tub! 1 car garage w/ room for storage + 2 more parking in the driveway! City Park, Pool, off leash park and trail at your doorstep + minutes to all Langley amenities (id:48205)

3 Bedroom 2 Bathroom 1318
For sale Open House
$719,900
49 8892 208 STREET, langley, British Columbia

49 8892 208 Street

Langley, British Columbia

Welcome Home to Hunters Run in Walnut Grove, this centrally located 2 bed 2 bath townhouse offers parking for 2 large vehicles & an updated interior with a great layout. On the main level you have your kitchen with Arborite counters, updated backsplash, extra storage, dining room with a cozy gas fireplace in the living room, bedroom with full bath and a north facing patio on the main level. Downstairs you will find brand new flooring throughout, an entertaining room, large bedroom, full bath with deep tub, laundry with updated boiler & a large 2nd private patio! New light fixtures, baseboards, crown moldings, fresh paint, new doors, Pex piping through out, updated appliances & radiant heating. Close to schools, walking trails, running track, community center, parks & restaurants. (id:48205)

2 Bedroom 2 Bathroom 1518
For sale
$719,900
203 20286 MICHAUD CRESCENT, langley, British Columbia

203 20286 Michaud Crescent

Langley, British Columbia

Welcome to the epitome of luxury living, MT FAIRWEATHER! This 2-bed + den, 2-bath masterpiece harmoniously combines comfort & style. Nestled in a prime location, it offers convenient access and captivating views. The open concept design seamlessly integrates the living, dining, and kitchen areas. The chef's kitchen, equipped with top-tier appliances and elegant countertops, is a culinary haven. Natural light fills the expansive living area, creating an inviting ambiance for relaxation & entertainment. Don't miss the chance to make this extraordinary residence your own. (id:48205)

2 Bedroom 2 Bathroom 1060
For sale
$719,000
B218 20834 80 AVENUE, langley, British Columbia

B218 20834 80 Avenue

Langley, British Columbia

2 Bed,2 Baths ,covered Big Patio Corner unit in Alexander Square for Sale.This development is being built by one of the best Developers,RDG Development.Amazing floor plan with 9'ceiling,Stainless Steel Appliances,Pot lights in Kitchen.Kitchen is Huge with Window.pendant lights over island/eating bar,built in Washer,CRV fan throughout the unit for fresh air,plenty of Dayligt.Bedrooms are big sizes.Interior amenities including Fitness room,Party room with Kitchen and much more.Exterior amenities are roof deck w/ BBQ facilities and outdoor seating, courtyard with fire pits and community garden pots.Small playground for kids.Steps to shops services& School. quick & easy access to public transit and commuter routes including Hwy 1, Fraser Hwy, and Hwy 10.Close to upcoming Skytrain Station.Close to Willowbrook Shopping Centre. (id:48205)

2 Bedroom 2 Bathroom 910
For sale Open House
$719,000
B503 20487 65 AVENUE, langley, British Columbia

B503 20487 65 Avenue

Langley, British Columbia

Location! Location! Top floor, bright, spacious, amazing floor plan with views! Experience urban living at its finest. 2 BDRMS/2 BTHS + DEN, huge balcony facing quiet side of building. Laminate flooring & 9' ceilings throughout. Modern open-concept kitchen w. quartz counters & Island, S/S Appliances. 5 pc master bath. 2 PARKING spaces/1 storage locker. Social party house w. gym. Conveniently located by Costco, Walmart, Save-On, restaurants, schools & more. Rentals & pets allowed. OPEN HOUSE APRI 27 12-2pm. (id:48205)

2 Bedroom 2 Bathroom 965
For sale Open House
$710,000
D215 20211 66 AVENUE, langley, British Columbia

D215 20211 66 Avenue

Langley, British Columbia

Welcome to ELEMENTS! This spacious & bright corner 2 Bed 2 Bath home features abundant windows with beautiful views of the landscaped courtyard gardens. Updated laminate flooring, fireplace feature wall & paint throughout! This meticulously cared for home hosts a large covered wrap around balcony perfect for BBQs, outdoor entertainment and the afternoon sun! TWO SxS parking stalls & storage locker all just steps away from the stairs to the underground, how convenient! The Trilogy Club amenities feature a fitness & yoga studio, chef's kitchen, dining lounge, theatre, lounge w/ wet bar, billiards & patio! ALSO guest suites for out-of-town guests!In a perfect central location, close to schools, parks, walking paths, transit,Save-On Foods, the local coffee shop & more! This home is a must see! (id:48205)

2 Bedroom 2 Bathroom 948
For sale
$709,900
5 20591 51A AVENUE, langley, British Columbia

5 20591 51a Avenue

Langley, British Columbia

Wonderful family oriented complex. Across the street from Blacklock Fine Arts Elementary, blks from Newlands golf club and close to all amenities including pool. Updates include thermal windows, exterior doors, appliances. Kitchen and bathroom renovation in 2023. Huge deck backing onto greenbelt and playground for children. these units rarely come up for sale and don't last long. (id:48205)

3 Bedroom 2 Bathroom 1151
For sale
$709,000
417 20695 EASTLEIGH CRESCENT, langley, British Columbia

417 20695 Eastleigh Crescent

Langley, British Columbia

New development condo with two bed two bath + den unit situated near the downtown core of Langley City. This unit features an ideal floor plan, sleek modern finishings, custom-designed millwork, stainless steel appliances, balcony and in-suite storage. 2 parking stalls include, central location! Just steps from the historic boutique ships of downtown, minutes to Willowbrook Shopping Centre, Kwantlen Polytechnic University, and will be a 10-minute walk to the upcoming skytrain station. Amenities include community garden plots, a playground for the kids, and a co-works space with a private meeting/board room. Contact today. Multi purpose room, and kids park (id:48205)

2 Bedroom 2 Bathroom 887
For sale
$708,000
503 5398 207 STREET, langley, British Columbia

503 5398 207 Street

Langley, British Columbia

Vera Downtown Langley! 2 Bed 2 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 746
For sale
$705,000
103 20267 72 AVENUE, langley, British Columbia

103 20267 72 Avenue

Langley, British Columbia

New Development Flora & Fauna, featuring the corner unit and conveniently situated on the ground floor. Nestled in Willoughby, this residence offers close proximity to schools, shopping, dining, and easy access to HWY 1. Boasting 2 bedrooms, 2 bathrooms, plus a den, this home radiates contemporary elegance with its Quartz Counters, Stainless Steel Appliances and Elegant Lighting. The modern complex presents over 4000 square feet of indoor/outdoor entertainment space, featuring a park, playground, kitchen, lounge, gaming center, and gym. (id:48205)

2 Bedroom 2 Bathroom 897
For sale Open House
$704,900
317 20882 82 AVENUE, langley, British Columbia

317 20882 82 Avenue

Langley, British Columbia

Discover Unison, by reputable developer Mortise, a collection of family apartments nestled in the heart of Willoughby-Yorkson. These homes offer versatility with studio, one, two, and three-bedroom units to choose from, total of 178 residences. Your comfort is paramount, thanks to features like efficient forced air heating, optional centralized A/C, and intelligent smart controls. Unison is more than just a home; it's a community. Enjoy on-site daycare, an expansive 8000 sq ft rooftop patio, and 3000 sq ft of indoor amenities, including a party hall, media room, and a fully-equipped gym. With a secure 2, 5, 10 home warranty, your investment is safeguarded. For a remarkable living experience in Langley, Unison stands as the unparalleled choice. Showhome located at 8192 208 St. (id:48205)

2 Bedroom 2 Bathroom 828
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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