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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
$490,000
302 20362 72B AVENUE, langley, British Columbia

302 20362 72b Avenue

Langley, British Columbia

A bright & beautiful condo awaits you at the Jerico. Immaculately maintained. Move in ready & flexible dates. Bring 1-2 dogs, 1-2 cats or 1 of each. The well-designed floor plan makes every cozy space terrific for living & entertaining. Featuring light modern finishes, a balcony large enough to welcome guests & BBQ. A walk-thru double sided closet & full sized laundry. Modern quartz countertops & SS appliances. 1 parking (#5), 1 BIG storage metal locker (#27), a secure bike room, kid's playground, picnic area + visitor parking. Walk Score Amazing! Near tremendous Willoughby's amenities, eateries, shopping, entertainment & transit options. O/H Sat May 4 (2-4) (id:48205)

1 Bedroom 1 Bathroom 568
For sale
$490,000
302 3043 270 STREET, langley, British Columbia

302 3043 270 Street

Langley, British Columbia

TOP FLOOR! CORNER UNIT! This condo offers the spaciousness of a house with its generously sized rooms. Featuring 3 bed & 2 baths, it boasts a 21-foot long balcony perfect for enjoying summer days. Recently painted with new lighting fixtures throughout, it also includes a new above-stove microwave. The layout is ideal for accommodating large furniture, with a sizable laundry/pantry rm adjacent to the kitchen. Located in the heart of Aldergrove, it's within walking distance to Aldergrove Community Secondary, the library, numerous parks, and nearby schools. The Aldergrove Community Center is conveniently across the st. Ample visitor parking is available in the rear and on the street in front. This unit comes with 1 parking space. Please utilize visitor parking in the rear or street parking. (id:48205)

3 Bedroom 2 Bathroom 1156
For sale
$490,000
201 8140 200 STREET, langley, British Columbia

201 8140 200 Street

Langley, British Columbia

Welcome to EASTIN, a boutique collection of homes by Essence Properties in a vibrant, walkable community. Estimated completion before SUMMER 2024. * ASSITNMENT of Contract. flat price. Bring your offer for MOTIVATIVE seller! * 1 parking/1 storage/ color scheme: light. * Unit 201 is facing to SOUTH central garden, besides to GYM room, no unit next wall, quiet and safe! Innovative Design- The smart parcel lockers will provide 24/7 convenience, adding peace of mind that your deliveries are safely secured. The 1Valet enterphone system enables facial recognition with video intercom and contactless entry from your cell phone. (id:48205)

1 Bedroom 1 Bathroom 619
For sale
$489,999
102 8117 200A STREET, langley, British Columbia

102 8117 200a Street

Langley, British Columbia

Bright and spacious 1 bedroom home with 12 foot CEILINGS in Langley's brand new "Eastin" by award-winning developer, Essense Properties. Imagine a lifestyle where you can wake up and head for a workout in the buildings fitness studio then come into your AIR-CONDITIONED home to make coffee in your sleek modern kitchen W/ white cabinets designed by Vancouver's Collaborative Design Studio. Get ready for the day in your gorgeous ensuite, then it's out thru your very own private door to the street, which is especially convenient for pet owners! There's even a dog wash and car wash on site! It's also one of the first buildings with Snaile lockers for secure pkg deliveries and the 1Valet system which allows you to book the lounge for special gatherings from your smartphone. Move in this summer! (id:48205)

1 Bedroom 1 Bathroom 590
For sale
$489,900
408 19830 56 AVENUE, langley, British Columbia

408 19830 56 Avenue

Langley, British Columbia

Attention First time homebuyers and investors! Welcome to this spacious 1-bedroom condo with a huge den, which can easily be a second bedroom, in the sought-after Zora Complex. Backs onto a serene greenbelt, offering peaceful views and privacy. Enjoy the luxury of 9-foot ceilings, with pets and rentals allowed for flexibility. Includes 1 locker and bike storage for convenience. Conveniently located close to transit and shopping amenities. Bask in sunlight on the sunny south-facing balcony. Your perfect urban oasis awaits. (id:48205)

1 Bedroom 1 Bathroom 893
For sale Open House
$489,000
B314 20834 80 AVENUE, langley, British Columbia

B314 20834 80 Avenue

Langley, British Columbia

Welcome to Alexander Square! This well-designed one-bedroom unit on the south-facing third floor is available for sale. It features a fantastic floor plan with 9-foot ceilings, stainless steel appliances, pot lights in the kitchen, pendant lights over the kitchen island, a built-in washer, and a CRV fan for fresh air throughout the unit, along with plenty of natural daylight. Amenities include a fitness room, a party room with a kitchen, BBQ facilities, outdoor seating with fire pits, and community garden plots. The unit also comes with one parking stall conveniently located next to the elevator for easy access. It's just steps away from shops, public transit routes such as Hwy 1, Fraser Hwy, and is within the catchment areas of Richard Bulpitt Elementary, Yorkson Creek, and R.E Mountain. (id:48205)

1 Bedroom 1 Bathroom 523
For sale
$489,000
226 21009 56 AVENUE, langley, British Columbia

226 21009 56 Avenue

Langley, British Columbia

Welcome to your new home in Cornerstone by Marcon! A modern designed 1 Bed 1 Bath unit that has ensuite access with an open floor plan that feels spacious. With quartz countertops, S/S appliances, laminate flooring and bright lighting throughout, this unit is move in ready! Get ready to spend beautiful summer days sitting on your spacious balcony with added turf. Transit access currently in-front of the building with close access to the future skytrain. We're not forgetting about being walking distance to KPU, 5 minute drive to Willowbrook Mall, Superstore, Costco and much more! Centrally and privately located this unit is definitely worth the visit! (id:48205)

1 Bedroom 1 Bathroom 595
For sale Open House
$488,800
503 20360 LOGAN AVENUE, langley, British Columbia

503 20360 Logan Avenue

Langley, British Columbia

Langley City Living- This home is conveniently located just steps away from the upcoming Langley Skytrain Station, as well as gyms, shopping, restaurants, KPU and more. It is situated right in the heart of downtown Langley, with the bus loop just a stone's throw away, making commuting effortless and convenient. Each home at Genesis includes a storage locker and a parking spot, and features spacious 9ft ceilings, well-lit living spaces, high-quality laminate flooring, and is beautiful tile finishes. The homes also boast stylish black matte hardware. You can enjoy the comfort of living in an urban oasis with both indoor and outdoor private amenities for your leisure. This development is built by Whitetail Homes, a trusted and experienced builder in the multi-family residential sector. (id:48205)

1 Bedroom 1 Bathroom 593
For sale Open House
$488,000
414 8915 202 STREET, langley, British Columbia

414 8915 202 Street

Langley, British Columbia

Welcome to The Hawthorne in Walnut Grove, one of the prime locations in Langley. This 1 bedroom, 1 bathroom penthouse condo is situated in the sought-after Hawthorne building, built by the renowned MARCON. Enjoy the newly installed waterproof and scratch-resistant vinyl flooring, as well as a new dishwasher, washer, and dryer-updated in 2022! The unit offers an open concept layout and a highly functional floor plan, with one parking space and one storage locker included. Conveniently located within walking distance to shopping, restaurants, entertainment, transit, medical services, and providing easy access to Highway #1 and numerous other amenities. Open House: April 20(Sat)/21(Sun) 2-4PM. ***NO AGE RESTRICTIONS*** (id:48205)

1 Bedroom 1 Bathroom 570
For sale Open House
$485,000
512 20695 EASTLEIGH CRESCENT, langley, British Columbia

512 20695 Eastleigh Crescent

Langley, British Columbia

Welcome home to EASTLEIGH by local developer RF Properties, a collection of contemporary residences situated in a vibrant urban setting conveniently located in Downtown Langley, close to shopping, cafés, groceries, parks and the future SkyTrain Station. This BRAND NEW 1 Bedroom 1 Bathroom home features 589 Sqft of efficient living space in a well appointed layout with 9ft ceilings and generous sized windows framing the stunning mountain views from the 5th floor. Tastefully designed interiors include: two tone kitchen cabinetry, quartz countertops, full size stainless steel app, 2 PARKING STALLS, Pets Allowed. A MUST SEE! (id:48205)

1 Bedroom 1 Bathroom 589
For sale
$484,900
308 19730 56 AVENUE, langley, British Columbia

308 19730 56 Avenue

Langley, British Columbia

Almost 700 sf 1 bdrm plus den, 1 full bthrm in the Madison Place complex. Primary has walk thru double closets. Beautifully renovated with modern finishings - quarts counters, s/s appliances, breakfast bar, backsplash, laminate & tile flooring, white shaker cabinets. A/C unit, covered private balcony. 1 parking spot, 1 storage locker. This unit is east facing, looking out the back of the building so not onto 56th. Great opportunity to buy a brand new home! 1 dog (45cm to shoulder) or 1 cat. No smoking building. Close to KPU, schools, shopping, transit, future skytrain. Amenities include a gym, club house, games room. Quick possession available. (id:48205)

1 Bedroom 1 Bathroom 692
For sale
$484,800
319 19750 64 AVENUE, langley, British Columbia

319 19750 64 Avenue

Langley, British Columbia

The Davenport! Top Floor South facing on quiet side of the building! Very private. Huge sundeck! Bright and clean with lots of updates. Secure underground parking and guest parking. Walk to restaurants, shopping, Willowbrook Mall and future Skytrain station! Pets and kids allowed! Gas Fireplace with gas and hot water included in low strata fee. (id:48205)

1 Bedroom 1 Bathroom 633
For sale
$479,900
102 5504 BRYDON CRESCENT, langley, British Columbia

102 5504 Brydon Crescent

Langley, British Columbia

Welcome to Canvas this fall, your ticket to own in Langley City's emerging and vibrant, walkable community - just a short stroll to Langley's upcoming skytrain, cute shops, trendy cafes, and more! Inside you'll find 500sqft, 9' ceilings throughout the main living space, high-quality laminate flooring throughout, 2" faux wood blinds, The modern kitchen boasts a Samsung Stainless Steel Appliance Package, quartz countertops with smooth undermount sinks, stylish square black hardware, and even under cabinet and pendant lighting. This upcoming building features the exclusive Canvas Club indoor amenity space, equipped gym, and a furnished outdoor amenity area. You can have confidence in your investment; proudly built by the reputable Redekop Reddale Group, known for their quality craftsmanship and attention to detail, the building is designed for energy efficiency and longevity, with up-to-date rainscreen technology and Hardie Plank & brick siding for a timeless finish. 2-5-10 year New Home Warranty. (id:48205)

1 Bedroom 1 Bathroom 550
For sale
$479,500
509 5504 BRYDON CRESCENT, langley, British Columbia

509 5504 Brydon Crescent

Langley, British Columbia

CANVAS has 92 homes by Redekop Reddale Group located nearby future sky train station. Storage locker included with this unit. A1 Plan (id:48205)

1 Bedroom 1 Bathroom 477
For sale
$479,500
507 5504 BRYDON CRESCENT, langley, British Columbia

507 5504 Brydon Crescent

Langley, British Columbia

CANVAS has 92 homes by Redekop Reddale Group located nearby future sky train station. Storage locker included with this unit. A1 Plan (id:48205)

1 Bedroom 1 Bathroom 477
For sale
$479,000
303 3043 270 STREET, langley, British Columbia

303 3043 270 Street

Langley, British Columbia

FIRST TIME HOME BUYER/INVESTORS' ALERT!!!! Rentals allowed! This top-floor 2-bedroom condo offers spaciousness, new LED lighting, and paint, with potential for personalization. Situated across from the new Aldergrove Community Center, amenities like gym, ice rink, pool, and waterslides are within reach. Building features include an elevator, entry buzzer system, and ample visitor parking. With two parking spaces included, it's convenient for residents. Consider updating the older-style kitchen and carpets to enhance both living experience and property value. Low strata fees. (id:48205)

2 Bedroom 2 Bathroom 935
For sale Open House
$474,900
315 5224 204 STREET, langley, British Columbia

315 5224 204 Street

Langley, British Columbia

Step into the sought-after Southwynde Court, where this top-floor, spacious 2-bedroom, 1-bathroom, east-facing unit awaits. With serene views of the greenspace, it offers a tranquil location. Inside, enjoy updated appliances, quartz countertops, contemporary light fixtures, and freshly painted walls; additionally 7' x 5' flex room, adaptable for a den, workspace, or extra storage. A large covered balcony perfect for entertaining. The well-maintained complex boasts a rain-screened envelope, a new roof in 2021 and updated video surveillance system and fobs. With no age restrictions, this residence caters to all. Conveniently situated within walking distance of local amenities, Timms Community Centre, and the Nicomekl Trail. Plus, the anticipated future Skytrain lies just two blocks away. (id:48205)

2 Bedroom 1 Bathroom 835
For sale Open House
$474,000
211 20058 FRASER HIGHWAY, langley, British Columbia

211 20058 Fraser Highway

Langley, British Columbia

Step into the epitome of urban living at Langley City's exclusive Varsity gated complex! Welcoming you to this delightful 1 bed, 1 bath corner unit, boasting 578 sq ft of sheer comfort and style. Picture-perfect with abundant natural light cascading through ample windows and graced by lofty 9' ceilings, this residence is a sanctuary of tranquility. Convenience reigns supreme with a central location offering seamless access to transit, renowned shopping centres, parks, tantalizing eateries, and a future Skytrain. Imbued with charm and sophistication, the unit showcases stainless steel appliances and premium finishes, ensuring a lifestyle of both opulence and practicality. OPEN HOUSE 4 & 5 May, 2:00 to 4:00 PM (id:48205)

1 Bedroom 1 Bathroom 578
For sale
$469,900
517 20360 LOGAN AVENUE, langley, British Columbia

517 20360 Logan Avenue

Langley, British Columbia

Beautiful Views at the Popular "Genesis" Bldg.! A great 1-bdrm, move-in ready home, just over a year old w/ a clean-cut layout, 9-foot ceilings & laminate flooring throughout, even unto the bedroom. Enjoy the gorgeous mountain views from your living area, as well as from your private balcony (BBQ?) & a bonus 2nd Juliette balcony. Modern kitchen w/ stainless Samsung appliances, & quartz counters w/ breakfast bar. Full-size bathroom, & front-loading in-suite laundry. 1 large locker on the same floor, & 1 secured parking stall included. 2 pets okay. Gym & large outdoor recreational area in common areas. Bus stop right in front of the building, which is also next to Cascades Casino for quality entertainment. Enjoy peace of mind with the 2/5/10 warranty intact. (id:48205)

1 Bedroom 1 Bathroom 479
For sale
$469,000
306 19730 56 AVENUE, langley, British Columbia

306 19730 56 Avenue

Langley, British Columbia

Welcome to Madison Place! Age is but a number! This unit (and building) is brand new and ready to move into today. The lovely open concept space features 1 bedroom and den with lots of natural light pouring in. Shaker cabinetry, gleaming quartz counters, brand new stainless appliances as well as new stacking washer/dryer. Air conditioning for summer relief. A healthy contingency fund paired with low monthly maintenance fees make this very affordable. Located close to Kwantlen College, future Skytrain, schools, golf, shopping and restaurants - all within walking distance. Amenities will include an equipped exercise room, well stocked library, storage room and bike locker. (id:48205)

1 Bedroom 1 Bathroom 667
For sale Open House
$464,900
218 3665 244 STREET, langley, British Columbia

218 3665 244 Street

Langley, British Columbia

Welcome to your spacious oasis! This super well-maintained & updated 2-bed, 2-bath gem boasts1,181 sqft of living space & tons of natural light streaming through the newer skylights & large windows throughout. Lots of space in the bright kitchen with newer countertops & new dishwasher. Newer ('21) flooring in kitchen & living room & updated plumbing throughout! Heat pump & A/C offer comfort year-round & have been services annually. Unwind on the private deck or attached sunroom area. Storage? Plenty! Parking? Room for everyone! Low-maintenance yard features raised garden beds & bountiful fruit trees, offering plums & 3 apple varieties. Situated in the quiet area of this family-friendly complex with clubhouse, hot tub, & gym.Your new home awaits-call today to arrange your private showing! (id:48205)

2 Bedroom 2 Bathroom 1181
For sale
$464,900
134 3665 244 STREET, langley, British Columbia

134 3665 244 Street

Langley, British Columbia

LANGLEY GROVE ESTATES! This meticulously kept 1353 square foot home also has a bonus 182 square foot workshop and a 115 square foot storage room. It has 3 bedrooms, 2 full bathrooms and fantastic built ins in the primary bedroom. The home has been recently updated with new flooring, paint, recently updated stainless steel appliances, hot water heater, updated water mains to pex and much more. Drains have been recently cleared this year and the Carrier commercial grade heatpump also serviced. In 2014 new Centra windows were installed as well. Langley Grove Estates features a clubhouse, hot tub, sauna, and a recreation centre. Located close to shopping and golf courses. (id:48205)

3 Bedroom 2 Bathroom 1650
For sale
$459,900
212 20695 EASTLEIGH CRESCENT, langley, British Columbia

212 20695 Eastleigh Crescent

Langley, British Columbia

EASTLEIGH, an exquisite creation by the renowned developer REDEKOP KROEKER! Nestled in the vibrant heart of LANGLEY CITY CENTRE, this extraordinary 1-bedroom residence spans a generous 589 square feet. Revel in the airy ambience provided by soaring 9-foot ceilings and a meticulously designed floorplan that amplifies functionality. The gourmet kitchen is adorned with top-tier stainless steel appliances, a full-size fridge, and a washer/dryer combo, seamlessly enhancing your daily life. Plus, a built-in storage room adds to the convenience. Luxurious upgraded vinyl flooring graces every corner of the unit, including the inviting bedroom. With an unbeatable location near major retail hubs and a mere stroll away from the future SkyTrain station, EASTLEIGH embodies the pinnacle of urban living. (id:48205)

1 Bedroom 1 Bathroom 589
For sale
$459,900
308 19825 54 AVENUE, langley, British Columbia

308 19825 54 Avenue

Langley, British Columbia

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

1 Bedroom 1 Bathroom 506
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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