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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
$649,900
407 20019 83A AVENUE, langley, British Columbia

407 20019 83a Avenue

Langley, British Columbia

Luxurious 2BR 2BTH Willoughby Heights corner unit. A bright & open gourmet kitchen welcomes you home featuring high-end Samsung appliances incl. a gas range & a generous quartz island perfect for entertaining & casual meals. Floor-to-ceiling windows illuminate your modern home highlighting matte black fixtures, designer lighting & contemporary laminate flooring throughout. Enjoy stunning valley & mountain views from the sizable balcony & both bedrooms w/ primary bed offering 'his & hers' closets & a tastefully appointed ensuite. Built by Vesta Properties, Latimer Village is situated in an award-winning community boasting boutique-style shops, trendy restaurants & convenient services perfectly located minutes from top-rated schools, Hwy 1, Carvolth Park & Ride w/ express bus to skytrain. (id:48205)

2 Bedroom 2 Bathroom 920
For sale
$649,900
301 7920 206 STREET, langley, British Columbia

301 7920 206 Street

Langley, British Columbia

Step into spacious comfort with this inviting 2-bedroom condo, perfectly positioned as a corner unit for added privacy and light. Just a stone's throw away from Willoughby Town Center, convenience meets luxury. Embrace the natural light that floods through the unit, highlighting its contemporary charm. And with a large private balcony, immerse yourself in outdoor serenity right at home. This is a prime opportunity to elevate your lifestyle in every way. (id:48205)

2 Bedroom 2 Bathroom 856
For sale
$649,888
105 5420 208 STREET, langley, British Columbia

105 5420 208 Street

Langley, British Columbia

Welcome HOME!, a brand new corner ground floor unit on the edge of Downtown Langley. It is just 10 minutes of a walk away from the future Skytrain Station. Includes 1 covered parking. Featuring 9' ceilings, air Conditioning, open-concept living, stainless steel appliances, high-quality cabinets, and flooring. Nicomekl Garden is part of a lively surrounding, just steps from plazas, grocery stores, boutiques, and restaurants. Nicomekl Trail at your doorstep offers optimal enjoyment of tranquil nature.*Some pics have been virtually staged*. (id:48205)

2 Bedroom 2 Bathroom 860
For sale Open House
$649,800
105 6336 197 STREET, langley, British Columbia

105 6336 197 Street

Langley, British Columbia

Location! Location! Location! This completely updated apartment offers plenty of space with two bedrooms and an additional multipurpose room. The living area features a gas fireplace for your enjoyment (PLUS: gas costs are covered by the condominium fee). The kitchen is sizable and bathed in natural light. Located in an ideal spot, it's within walking distance to supermarkets, Willowbrook shopping center, financial institutions, eateries, and beyond. It's also just a couple of blocks from the proposed future Langley SkyTrain extension. (id:48205)

2 Bedroom 2 Bathroom 1002
For sale Open House
$649,000
209 20219 54A AVENUE, langley, British Columbia

209 20219 54a Avenue

Langley, British Columbia

Welcome to The Suede apartment complex! This owner occupied and well-maintained 2 beds & 2 baths suite is located right in the heart of Langley city. An open concept floor plan affords spacious living and ample natural light. Kitchen features include quartz countertop and stainless steel appliances, plus a separate laundry room with full size in-suite washer & dryer. BONUS 2 parking stalls and 1 storage locker. This amenity rich location is walking distance to future Surrey-Langley Skytrain station, bus/public transit, parks and school making it a great investment opportunity. Easy access to Fraser Highway and Highway 1. Call now to schedule your private viewing appointment. OPEN HOUSE on Saturday (May 4) between 2-4pm. (id:48205)

2 Bedroom 2 Bathroom 884
For sale
$649,000
B111 8150 207 STREET, langley, British Columbia

B111 8150 207 Street

Langley, British Columbia

GROUND FLOOR! SEPARATE ENTRANCE! HUGE PATIO! Union Park by Polygon, this stunning 2 bedrooms, 2 baths unit 865 sqf of living space. Private entry & spacious 540 sqft patio. The kitchen features a convenient island, S/S appliances, gas range, and quartz countertops w/ pendant lighting. A spa-inspired ensuite, with dual sinks, porcelain tile. Residents have exclusive access to the stunning 12,000 sft Union Club, offering a gymnasium, fitness studio, lounge, and more. Outdoor amenities incl a pool/hot tub, community garden, playground, and BBQ terrace. Close to York community park, Willoughby shopping Center, Langley Event Center, all levels of schools, Langley Bus Exchange, easy access to HW1. Still have warranty. Available! (id:48205)

2 Bedroom 2 Bathroom 865
For sale Open House
$649,000
112 20068 FRASER HIGHWAY, langley, British Columbia

112 20068 Fraser Highway

Langley, British Columbia

LOCATION LOCATION LOCATION! Welcome to Varsity C, located in Downtown Langley is where this beautiful 2 bed & 2 bath corner unit home with over 900 sqft of living space is located. Home features a kitchen that comes with stainless steel appliances, including a gas stove, granite countertops & plenty of storage space. Has high ceilings & huge windows bringing in lots of natural light. Home has a new coat of paint & carpet in bedrooms. Near Willowbrook Shopping Centre, Cactus Club, Olive Garden, Save on Foods, Shoppers Drug Mart, Kwantlen Polytechnic University-Langley Campus, parks, & more! Great for transit users w/ bus routes less than 5 minutes away. Nearby to the upcoming skytrain coming to Langley! Quick drive to Hwy 1, Hwy 10, & Hwy 15! Comes w/ 1 parking & 1 locker.CALL NOW to view! (id:48205)

2 Bedroom 2 Bathroom 940
For sale
$649,000
313 20282 72B AVENUE, langley, British Columbia

313 20282 72b Avenue

Langley, British Columbia

Welcome to Fauna! THIS GORGEOUS THIRD FLOOR, CORNER UNIT offers a 814 sq.ft of living space With 2 beds and 2 full bathrooms plus den along with 1 parking spots and 1 storage locker and 9 ft ceiling, light color scheme, 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! (id:48205)

2 Bedroom 2 Bathroom 815
For sale
$649,000
16 5271 204 STREET, langley, British Columbia

16 5271 204 Street

Langley, British Columbia

Welcome to your new home! Nestled just moments away from the city center and shopping amenities, this 2-bedroom, 3-bathroom townhouse offers modern design, open-concept living, and the convenience of urban lifestyle without compromising on comfort. (id:48205)

2 Bedroom 3 Bathroom 1245
For sale Open House
$649,000
310 20673 78 AVENUE, langley, British Columbia

310 20673 78 Avenue

Langley, British Columbia

Welcome to the GRAYSON built by QUADRA Homes! Located in the heart of Willoughby Town Centre, this BEAUTIFUL 2 BED / 2 BATH home offers LUXURY; SS Appliances, GAS Range, QUARTZ countertops, CONTEMPORARY Flooring, SPA-Inspired Baths, Large Covered BALCONY, 2 PARKING STALLS & LARGE Storage unit (8.5'x3.5') is a BONUS! In addition, Building Amenities include: SOCIAL lounge, FIRE PIT w/ PATIO furniture on 2nd level ROOFTOP DECK, GYM & MEETING RM. Steps away from Shoppers Drug Mart, Grocery Store, Coffee Shop, Yoga Studio and much more! Close to Willowbrook Shopping District, all levels of Schools (Willoughby Elementary steps away!), Willoughby Community Centre, & Yorkson Community Park. Easy access to Hwy #1 & Carvolth Park & Ride! OPEN HOUSE: Sunday, Apr 7 @ 2:00PM-4:00PM (id:48205)

2 Bedroom 2 Bathroom 789
For sale
$648,888
410 20362 72B, langley, British Columbia

410 20362 72b

Langley, British Columbia

You'll love this 2 bedroom + den, 2 bathroom home located on the top floor. Two included parking stalls, beautiful laminate flooring and flat-panel trim to compliment The Jericho's open-concept floor plans. In the kitchen, you'll find sleek stainless-steel appliances and modern granite countertops. The contemporary style bathrooms are complete with marble tile and glistening Kohler fixtures. This home is perfect for first time home buyers and investors alike. Bright, southeast facing corner unit with a five minute drive to Willowbrook Mall, Willoughby Towncenter, Langley Events Center, Richard Bulpitt Elementary School, RE Mountain IB Secondary School and more! Tenants currently pay $2583/mo and would like to stay. (id:48205)

2 Bedroom 2 Bathroom 1045
For sale Open House
$648,000
512 8561 203A STREET, langley, British Columbia

512 8561 203a Street

Langley, British Columbia

Yorkson Park Central, 2 Bed & 1 Bath & Den, East facing, obstructed Upper floor, Open concept living space that solarium/balcony for BBQ, kitchen with stainless steel appliances, air-conditioning all rooms, 9 ft ceilings, high-efficiency heat pump, Low Strata fee includes hot water and gas for cooking, 2 parking spaces & storage with power. EV charging, Yorkson Park Central is a well-run building with amenities Recreation room, gym, space for young kinds, playground, water park, This building is located in a stellar location, right next to Highway 1 and the Carvolth Park N' Ride , close to schools, recreation, shopping and restaurant, Open house : May 4th, Sat, 3:00-5:00 PM (id:48205)

2 Bedroom 1 Bathroom 835
For sale
$647,000
403 20673 78 AVENUE, langley, British Columbia

403 20673 78 Avenue

Langley, British Columbia

Fabulous 2 bed, 2 bath home at Grayson by Quadra! This bright, south facing home features 9' ceilings, oversized windows and quality finishing. White, shaker style, soft close cabinetry, quartz countertops, large island with microwave and bar seating, plus S/S appliances including gas range in kitchen. Master ensuite features 2 sinks and large frameless glass shower, plus a large walk-in closet. Extra large, covered balcony with gas bbq outlet lets you enjoy outdoor space in comfort. Large storage locker with power right in front of one parking stall, 2nd stall nearby. A fantastic location steps to shopping and amenities in Willoughby, and easy access to Hwy 1 and Carvolth exchange. (id:48205)

2 Bedroom 2 Bathroom 791
For sale
$644,000
2984 268A STREET, langley, British Columbia

2984 268a Street

Langley, British Columbia

Welcome to this impeccably updated 4-unit complex on a tranquil residential street, just a block away from Aldergrove Community Secondary School.This stylish property welcomes 2 pets of any size, allows rentals, and boasts spacious fully fenced yards. Updates include modern white kitchen cabinets, stainless steel appliances, newer flooring, double-glazed windows, and refreshed bathrooms. Boasting 3 spacious bedrooms + 1 1/2 bathrooms + a single garage, extended driveway, and a storage unit. . A perfect blend of comfort and style awaits you. (id:48205)

3 Bedroom 2 Bathroom 1204
For sale Open House
$640,000
C311 8929 202 STREET, langley, British Columbia

C311 8929 202 Street

Langley, British Columbia

Top floor beautifully finished 2 bedroom and den located in The Grove! This well-appointed condo has an oversized primary suite with a den, granite countertops, S.S. appliances and in suite laundry. Enjoy watching sunsets from your spacious, (14' x 10') covered balcony. Upgrades include new flooring through out, paint, pot lights and updated fireplace & mantel. There are two side by side parking stalls & a storage locker. Walking distance to shopping, schools, Cineplex, Sportsplex, and transit. Easy access to Hwy 1 and Golden Ears. (id:48205)

2 Bedroom 2 Bathroom 911
For sale Open House
$639,900
208 19945 BRYDON CRESCENT, langley, British Columbia

208 19945 Brydon Crescent

Langley, British Columbia

Welcome to Atrium where you will find this nearly new 2 Bedroom 2 Bath home with the largest balcony in the complex! This home is loaded with a large gourmet kitchen featuring stainless appliances, gas range & modern sophisticated style. The floor plan is well laid out with 2 spacious bedrooms including primary suite with oversized ensuite. Property is suited in a prime location being short distance to future skytrain, shopping, willowbrook mall while still being located in nature and only steps to walking trail, creeks & off leash dog park. Buy with confidence with a only 1 year old building with balance of 2/5/10 warranty. This building is Pet & Rental friendly. Includes 1 parking and 1 storage locker. This is the home you have been waiting for!! Check out the 3D Virtual Tour! (id:48205)

2 Bedroom 2 Bathroom 871
For sale
$639,900
B201 8447 202 STREET, langley, British Columbia

B201 8447 202 Street

Langley, British Columbia

742 sf 1 bed & DEN at Aristotle! Located in the thriving community of Willoughby, this modern Junior 2 bedroom apartment boasts 9' ceilings, oversized windows, contemporary kitchen cabinetry with quartz countertop, in-suite laundry, Samsung appliances throughout, and a large balcony. The full-sized closet in the den makes it an optional second bedroom. Over 3800 sqft of amenities including fitness centre, yoga studio, games room, dog wash station, and outdoor lounge with BBQ station. Includes AC at no cost to you! Secure your future home at Aristotle today. Perfect for first time buyers and investors. (id:48205)

1 Bedroom 2 Bathroom 742
For sale Open House
$639,000
D312 8929 202 STREET, langley, British Columbia

D312 8929 202 Street

Langley, British Columbia

Welcome to WALNUT GROVE, at the complex none other then THE GROVE! This well maintained home sits over 900 sq ft in which offers 2 bedrooms, a den/office space, 2 bathrooms and provides versatile space for functional living enough for a couple or a small family. Step outside to the expansive balcony, ideal for relaxation or hosting guests. This unit is well maintained, and features abundant natural light along with high ceilings for your comfort. Enjoy the convenience of a prime location in the heart of Walnut Grove within a gated community that's pet-friendly and close to schools, transit (Carvolth Exg), restaurants and shopping. Don't miss out on this opportunity to own and be apart of this well run complex. Includes 1 parking spaces and 1 storage unit! (id:48205)

2 Bedroom 2 Bathroom 911
For sale Open House
$639,000
407 20110 MICHAUD CRESCENT, langley, British Columbia

407 20110 Michaud Crescent

Langley, British Columbia

Welcome to this newly renovated, stunning 2 bed 2 bath condo in the heart of Langley! Close to the future skytrain. This top-floor unit boasts an impressive 1,030 sqft of living space; south-east facing, providing plenty of natural light. The open-concept living area is perfect for entertaining guests or relaxing after a long day. The living room features large windows, while the master bedroom is complete with a spacious walk-in close with built-in cabinets. The roomy second bedroom can be used as a guest room or a home office. The wrap-around deck provides ample space for outdoor seeting and dining, making it the perfect spot to enjoy your morning coffee or host summer barbeques. Don't miss out on the opportunity to make this your new home! OPEN HOUSE: Saturday May 4, 2024 - 1pm-4pm (id:48205)

2 Bedroom 2 Bathroom 1030
For sale
$638,800
508 20328 86 AVENUE, langley, British Columbia

508 20328 86 Avenue

Langley, British Columbia

Welcome to YORKSON PARK CENTRAL by QUADRA Homes situated in one of the BEST locations in Willoughby! This functional layout 2bedroom+Flex+Spacious private SOLARIUM with retractable glass panels unit comes with 9ft ceiling, laminate flooring, Gourmet Samsung appliances including gas 5 burner cooktop, quartz countertops, energy efficient heat pump/ AC. Comes with 2 PARKINGS & 1 storage locker (with electrical outlet capable of charging car). Steps to Carvolth Park & Ride, highway#1, Shopping malls & schools. This one has it all! Perfect for a growing family, first time home buyer, or investor. This won't last! Don't miss this opportunity. (id:48205)

2 Bedroom 1 Bathroom 800
For sale
$638,000
414 5485 BRYDON CRESCENT, langley, British Columbia

414 5485 Brydon Crescent

Langley, British Columbia

Corner 2 bed 2 bath unit boasting high-end finishes, 9 foot ceilings and stainless steel appliances. Relax in the master suite with A/C, walk-in closet and ensuite bathroom. This gem includes 1 parking, 1 storage and 1 bike locker. Enjoy amenities like a fitness center, yoga studio, library and meeting rooms. Prime location near shopping, dining, parks, schools and future skytrain. Future growth potential with Langley Skytrain! (id:48205)

2 Bedroom 2 Bathroom 875
For sale
$635,000
112 20219 54A AVENUE, langley, British Columbia

112 20219 54a Avenue

Langley, British Columbia

Court ordered sale. A rare opportunity to own one of the largest floor plans on ground level. This 2 bed / 2 bath plus den home offers expansive living spaces and a large sun drenched patio. The unit also comes with 2 parking stalls. The home is conveniently located within steps to transit and shopping. (id:48205)

2 Bedroom 2 Bathroom 1123
For sale
$635,000
304 20686 EASTLEIGH CRESCENT, langley, British Columbia

304 20686 Eastleigh Crescent

Langley, British Columbia

Welcome to Georgia West, Whitetail Homes' collection of exquisite condominiums in the heart of Downtown Langley. This Corner unit 2 BED+DEN (DEN can be used as home office, storage) has TOP OF THE LINE finishes including 9' ceilings, OPEN CONCEPT floorplan, stainless steel appliances, granite counters, high quality laminate flooring throughout,walk-in closet,and A/C in Master bedroom.PRIME LOCATION - close to future Langley Skytrain station and only steps from shopping, schools, recreation, restaurants of charming Downtown Langley. Five-minute drive to Langley Memorial Hospital, Kwantlen Polytechnic University, Cascades Casino.Tenanted property, appointment only with 48 hr notice please. (id:48205)

2 Bedroom 2 Bathroom 884
For sale
$634,900
216 20673 78 AVENUE, langley, British Columbia

216 20673 78 Avenue

Langley, British Columbia

WELCOME to this 2 bed (window in both), 2 bath QUADRA luxury condo with 2 parking & spacious storage locker. This bright condo features 9' ceilings, a full kitchen w/white shaker soft close cabinetry, tower pantry w/pull out drawers, quartz counter-tops & full height tile backsplash, island with integrated microwave, pull-out recycling bins & bar seating. SS appliance package including a GAS RANGE. Master bed features 4 piece luxury ensuite with 2 sinks and frameless glass shower plus a large walk-in closet. Laminate flooring throughout. Heated floor in baths. Large balcony with GAS BBQ outlet.All of this in an A+ location-connected to the Willoughby Town Centre, and walkable to school, transit, shops and more. Exercise room and playground plus common patio area. (id:48205)

2 Bedroom 2 Bathroom 805
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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