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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
$548,000
B003 20087 68 AVENUE, langley, British Columbia

B003 20087 68 Avenue

Langley, British Columbia

Welcome to this spacious South facing 1 bedroom condo in Willoughby neighborhood! Located on the ground floor of the building, unit can be accessed through the balcony. This stunning home features thoughtfully designed open concept floor plan, spacious kitchen with Quartz countertop, S/S appliances, island with built-in storage, modern vinyl resistant floors in the main area & plush carpets in the bedroom. Extra-large rooms, wide doors, oversize bathroom, & walk-in closet! Abundant, natural light fills the entire home. Located in a quiet residential neighbourhood, nestled against the private, protected greenbelt, walking distance to everything. Great for first time home buyers, down-sizers or investors. Don't miss out on this one! Open house Saturday May11, 2:00-4:00 pm (id:48205)

1 Bedroom 1 Bathroom 704
For sale
$548,000
307 5398 207 STREET, langley, British Columbia

307 5398 207 Street

Langley, British Columbia

Vera Downtown Langley! 1 Bed 1 Bath 1 Den compact and affordable Condo 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)

1 Bedroom 1 Bathroom 638
For sale
$548,000
308 5398 207 STREET, langley, British Columbia

308 5398 207 Street

Langley, British Columbia

Vera Downtown Langley! 1 Bed 1 Bath 1 Flex, Junior 2 bedroom 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)

1 Bedroom 1 Bathroom 638
For sale
$545,000
301 20217 MICHAUD CRESCENT, langley, British Columbia

301 20217 Michaud Crescent

Langley, British Columbia

Michaud Gardens ~ a beautifully kept complex and a beautifully kept upper top floor unit! Offering 1115 sq ft with 2 bdrms 2 bthrms and a great layout! Bright kitchen with loads of white cabinetry and casual every day dining space. The open plan formal dining area leads to the living rm w/ gas fireplace. This opens to the huge south facing sunny deck with lots of room for furniture and great space to enjoy the summer! The 2 bdrms are well sized w/ primary retreat boasting his and her closets and a 4 pc ensuite. There is another 3 pc main bath and insuite laundry rm! You have 1 parking and 1 storage & 2 pets allowed. This property has gardens, fountain and is tucked away in a great pocket of Langley City where you can walk to literally everything in this can't beat location. Call today! (id:48205)

2 Bedroom 2 Bathroom 1115
For sale
$543,900
314 20200 56 AVENUE, langley, British Columbia

314 20200 56 Avenue

Langley, British Columbia

THE BENTLEY! Fabulous community, This suite could be used as a 2 bdrm & den faces the courtyard with an open kitchen concept. Community has two guest suites, visitor pkg, excellent security and exercise area. Walk to everything! Schools, shopping, park, mall, casino, restaurants, pubs, transit. (id:48205)

1 Bedroom 1 Bathroom 827
For sale Open House
$540,000
103 20281 53A AVENUE, langley, British Columbia

103 20281 53a Avenue

Langley, British Columbia

GIBBONS LAYNE. Remarkably, well maintained ground level 1 bedroom condo with 2 bathrooms & large den (den can be used as a second bedroom or office). Patio area is above street level and a must see for privacy. Fantastic lawn area for pet owners. 9' ceilings & over-sized windows are exceptional. Renovated kitchen with new cabinetry (extra storage), under-cabinet lighting, Large island, quartz countertops, s/s appliances & double oven. Other renovations include electric fireplace, new washer/dryer and custom closet organizer is a must see. Comes with a parking spot, visitor parking access & storage locker. Short walk to upcoming Skytrain and public transit. Willowbrook Mall, Portage Park, dog park, shopping, recreation & schools all nearby. 4 minute drive to Newlands Golf and Country Club. (id:48205)

1 Bedroom 2 Bathroom 795
For sale Open House
$539,900
#305 5489 201 STREET, langley, British Columbia

#305 5489 201 Street

Langley, British Columbia

Spacious Top floor, Corner unit with 2 bdrm and 2 bath facing the park. Lots of natural sunlight in large open living room/ dining room area with cozy gas fireplace. In suite laundry for your convenience. East facing unit over looking park with Mt Baker views. Pet friendly building with convenient dog park and community garden right out side your door. This apartment building has been well maintanined and updated including rain screening and new enterphone system. Open House May 11 , Saturday 2-4pm! (id:48205)

2 Bedroom 2 Bathroom 1173
For sale Open House
$539,900
306 20882 82 AVENUE, langley, British Columbia

306 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. (id:48205)

1 Bedroom 1 Bathroom 582
For sale
$539,900
464 27358 32 AVENUE, langley, British Columbia

464 27358 32 Avenue

Langley, British Columbia

TOP FLOOR NEWER CONDO with mountain views. STYLISH GREAT ROOM with stainless steel appliances including an oversized entertaining island with power. 2 parking includes 1 underground and tons of open spots on first come basis at your front door. Spacious primary bedroom, large walk in closet and cheater ensuite. IN SUITE LAUNDRY, storage locker #22 and ample parking stall #35 plus lots of open spots out front first come basis. 2 PETS ANY SIZE. No worries here as we are still under warranty. BUY NOW AND PROFIT LATER when the ATC (Aldergrove Town Center) opens up right next door end 2025. This will be the perfect location to enjoy date nights & evenings out with friends. Walkable to all the amazing new shops that will be opening up soon. Easy access to the US border & Hwy 1. (id:48205)

1 Bedroom 1 Bathroom 690
For sale
$539,900
204 20220 54A AVENUE, langley, British Columbia

204 20220 54a Avenue

Langley, British Columbia

This beautiful 1 Bedroom & Flex & 1 bathroom features a stunning Kitchen layout including an island w/ seating, stainless steel samsung appliance package & quartz countertops. The spacious flex room endless possibilities whether it be a home office, storage space, or additional closet space, it adapts effortlessly to au.it your lifestyle need. The modern fixtures and finishes enhance the overall ambiance, elevating your daily routine. Centrally located in Langley city, this residence offers unparalleled convenience. Walking distance to the future skytrain station, restaurants, and grocery stores. If you're seeking a tranquil sanctuary to call home or a dynamic hub for urban living, don't miss out on Scale. (id:48205)

1 Bedroom 1 Bathroom 635
For sale
$539,800
403 20239 MICHAUD CRESCENT, langley, British Columbia

403 20239 Michaud Crescent

Langley, British Columbia

"CITY GRANDE" TOP FLOOR. CORNER SUITE. Bright, lots of natural light, big 1050 sqft with 2 bedrooms, 2 baths. Living and dining rooms have a 10 foot ceiling and a a corner gas fireplace, kitchen with a eating area, laundry and a balcony with a Mt. Baker view and not looking at other apartment buildings. Awesome location, heart of Langley City, walk to everything and future Skytrain Station. Quick possession if needed. (id:48205)

2 Bedroom 2 Bathroom 1050
For sale
$539,000
302 20826 72 AVENUE, langley, British Columbia

302 20826 72 Avenue

Langley, British Columbia

Welcome to your urban oasis! This stunning 1 bed, 1 bath condo boasts 727 sq ft of modern living space. Enjoy the convenience of a cheater ensuite with double sinks in the bathroom, stainless steel appliances, and quartz countertops in the sleek kitchen. Step out onto the massive 207 sq ft balcony and take in breathtaking mountain views while you relax or barbecue. This home offers central air conditioning, in-suite laundry, large storage locker and the rare bonus of 2 side by side parking spots in the secured underground garage. With easy access to Hwy #1, and tons of amenities at your doorstep this wont last long! Call to book your showing today. Open House May 11&12 1pm-4pm BY APPOINTMENT ONLY. (id:48205)

1 Bedroom 1 Bathroom 727
For sale Open House
$538,888
303 5700 200 STREET, langley, British Columbia

303 5700 200 Street

Langley, British Columbia

Premier unit in the building: Top floor, SW Corner boasting two Patios! Bright, roomy 2 Bedroom fully renovated move in ready featuring laminate flooring, updated kithcen, washroom, paint and more with no expense spared. The unit has expansive living/dining flooded with natural light. Spacious Primary Bedroom with walk-in and extra closet. Pro-active strata, recently painted building, meticulously maintained. Enjoy Recreation room: Billiards, Piano, Gym. Includes Parking #56 & Storage #19; extra parking $41/mo, tons of visitor parking. Convenient location, easy access to 200th. Strata fees cover heat & hot water. Pets & rentals allowed. Steps to Bus stop and minutes to nearby schools & shopping. Open House Sat & Sunday 2:00 to 4:00 untill sold. Call for Private showings. (id:48205)

2 Bedroom 1 Bathroom 934
For sale
$538,000
511 5398 207 STREET, langley, British Columbia

511 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)

1 Bedroom 1 Bathroom 585
For sale
$535,000
209 20281 53A AVENUE, langley, British Columbia

209 20281 53a Avenue

Langley, British Columbia

"GIBBONS LAYNE" Welcome to this beautiful 1 Bdrm, 2 Bath unit with a large den located in Langley City! This exceptional unit features updated laminate flooring, updated S/S kitchen appliances and a brand new washer/dryer combo! This home also includes an expansive Primary Bdrm with a private master en-suite that includes a full bathtub! The large den can be used as a second bdrm or a large office space while the half bath is available for guests! Large north facing balcony is perfect for barbequing on the grill! Situated on the quiet side of Langley, this home is peaceful yet conveniently located near parks, schools and shopping! 1 Parking and 1 locker is included securely underground. Excellent opportunity for first time buyers or investors! Open House cancelled! (id:48205)

2 Bedroom 2 Bathroom 805
For sale
$534,900
C601 8150 207 STREET, langley, British Columbia

C601 8150 207 Street

Langley, British Columbia

Reputable builder Polygon built PENTHOUSE 1 bed condo with 12' ceilings and west facing views! See north shore mountains from your balcony and oversize living room window. Aesthetically pleasing views of common areas with beautiful landscapes. Open floor plan design with ample space throughout including area for an office space. Laminate flooring, S/S appliances and gas range. Stone countertops, gloss cabinetry. A+ amenities including outdoor pool, hot tub, better than your average condo gym, basketball court, lounge, music room and more. Fantastic walkable neighbourhood with dog park across the street. Close to all amenities including Willoughby town centre, short drive to Costco and all shopping. One of a kind and best 1 bed condo in the whole development! (id:48205)

1 Bedroom 1 Bathroom 577
For sale
$534,900
305 5765 GLOVER ROAD, langley, British Columbia

305 5765 Glover Road

Langley, British Columbia

Welcome to College Court! This centrally located, 2 bedroom, 2 bathroom unit is in a great walkable location close to transit, shopping, Kwantlen Polytechnic University & more! Enjoy bright and spacious living with a view of the mountains. This unit has so much to offer with a cozy gas fireplace, in-suite laundry, and a spacious balcony! This home is perfect for first-time home buyers or investors. (id:48205)

2 Bedroom 2 Bathroom 1087
For sale Open House
$530,000
305 20281 53A AVENUE, langley, British Columbia

305 20281 53a Avenue

Langley, British Columbia

This gorgeous 1 Bdrm and large den (could be child's bdrm or office) with 1.5 baths is located in popular GIBBONS LAYNE. Featuring an open & spacious bright layout, this unit has been updated with high end vinyl plank flooring, lighting, cabinet refinishing with new hardware & appliances. Located on a quiet street just a short walk from a variety of shops, restaurants, Douglas Park, Douglas Park Community School, transportation and the future Skytrain station. Gibbons Layne is a well maintained building with new boilers & a new roof coming this year. The unit incl 1 parking & storage and 1 pet is welcome. Be a part of this vibrant community in this move in ready affordable home. Open Sat 2-4pm. (id:48205)

2 Bedroom 2 Bathroom 809
For sale Open House
$529,900
103 20175 53 AVENUE, langley, British Columbia

103 20175 53 Avenue

Langley, British Columbia

Welcome to The Benjamin. 729 sqft 2bed 1bath unit. Ground floor unit with large patio and grass area. Unit comes with laminate flooring throughout, stainless steel appliances, quartz counters and Air Conditioning. Spacious primary bedroom with walk in closet and cheater ensuite. Laundry room with extra storage space. Bright and open living. Close to all shopping and amenities. Bus stop at your front door. 2 pets allowed with no size or breed restrictions. A great place to call home. (id:48205)

2 Bedroom 1 Bathroom 729
For sale
$529,000
B424 20834 80 AVENUE, langley, British Columbia

B424 20834 80 Avenue

Langley, British Columbia

Welcome to this beautiful newly built unit located in the heart of Langley. This unit has 2 Bed, 1 Bath with approx 660 sqft of living area. The main level has a living room, kitchen, & dining room . Maple Cabinets, Granite counters, High-End S/S Appliances, and natural light make this kitchen an Entertainer's Delight! The main level has 2 spacious bedrooms & cabinets (walk-in closet). This unit has plenty of street parking, underground parking, storage locker & very short drive to the community center, malls ,swimming centre, Gym, party room, Superstore, Golf Courses, parks, restaurants, & all your shopping needs. Don't miss it and make this beautiful unit your Dream Home. (id:48205)

2 Bedroom 1 Bathroom 663
For sale Open House
$527,900
104 19945 BRYDON CRESCENT, langley, British Columbia

104 19945 Brydon Crescent

Langley, British Columbia

Gorgeous Unit Executive style living in popular sought after ATRIUM .located on 1st floor but private as 1st floor is above street.This near new "B" plan Junior 2 bdrm (1 bdrm & den) boasts a stunning open concept design with laminate flooring throughout featuring a large gourmet style kitchen loaded with,white shaker cabinets,quartz counter tops SS appliances & large work station. Outside boasting a Massive western exposed 375 sqft patio Excellent for BBQ's & family fun. Fantastic location to catch langley Vibe just minutes from future skytrain stop , shopping,schools, Nicomeki trail + a dog park at both Linwwood & Brydon park. Fabulous amenities as well gym,party rm and future theator room. Comes with large EV parking spot. Home now vacant easy to show Wont disappoint a 10! (id:48205)

1 Bedroom 1 Bathroom 662
For sale Open House
$525,000
406 5020 221A STREET, langley, British Columbia

406 5020 221a Street

Langley, British Columbia

Discover this stunning Top Floor 1-bed, 1-bath condo that offers superior craftsmanship and a prime location. Flooded with natural light, enjoy sleek s/s appliances, solid quartz countertops w/ undermount sinks, shaker-style cabinetry w/ undercabinet lighting, laminate flooring and crown mouldings throughout, and a floor-to-ceiling tiled fireplace adding warmth and ambiance. Steps away from Langley Memorial Hospital plus Murrayville Square Shopping Mall for shopping and dining. Golf enthusiasts will appreciate the nearby Langley Golf Centre & Newlands Golf and Country Club. With Fraser Highway and DT Langley nearby, commuting is easy. Perfect for first-time buyers or investors, this condo blends comfort and style. Don't miss out-join us at our Open Houses Sat & Sun 2-4pm and Mon 5-7pm! (id:48205)

1 Bedroom 1 Bathroom 635
For sale Open House
$525,000
315 5650 201A STREET, langley, British Columbia

315 5650 201a Street

Langley, British Columbia

Welcome to Paddington Station! a significantly renovated building in the heart of Langley. This upper-floor condo has two bedrooms and one bathroom (one has a closet but no window). Its bright living room has a cozy fireplace and a large window, while the elegant laminate flooring extends throughout the unit. It has a gorgeous kitchen with shaker cabinets, stainless steel appliances, quartz counters, and an eat-up peninsula. The main bedroom comes equipped with air conditioning, his and her walk-through closets, and a cheater ensuite. This unit also has an In-suite laundry, a covered balcony, and a good-sized storage room. The building has excellent amenities like a gym, guest suite, clubhouse, and kids craft room. You'll be steps away from all the essential amenities. (id:48205)

2 Bedroom 1 Bathroom 738
For sale Open House
$525,000
326 7506 199A STREET, langley, British Columbia

326 7506 199a Street

Langley, British Columbia

SAVE THE GST on this newly built one bedroom home constructed by award winning Zenterra Developments. CAMDEN is located in Langley's newest community, West Willoughby. Walking distance to Routley Park, The Langley Events Centre, Schools and the highly anticipated Hayer Town Centre. The home includes a gourmet kitchen with S/S appliances, GAS STOVE, 9' ceiling, quartz counter tops, soft close doors & drawers, upgraded laminate flooring throughout, 1 parking and 1 storage. Close to everything! A short drive to Latimer Village, Willoughby Town Centre, Willowbrook Mall, chic restaurants, transit and the future Sky train! Easy access to HWY 1 or Downtown Langley. (id:48205)

1 Bedroom 1 Bathroom 579
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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