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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
$489,888
344 5660 201A STREET, langley, British Columbia

344 5660 201a Street

Langley, British Columbia

Step into year-round comfort with this SOUTH facing urban retreat in Downtown Langley! Built by the esteemed Quadra Homes, this 2 Bed, 1 Bath, 730 sq.ft. condo offers modern luxury at its finest. The open-concept kitchen dazzles with stainless steel appliances and solid wood shaker style cabinets, complemented by granite countertops in both kitchen and bathroom. What sets this home apart is the built-in air conditioning throughout, ensuring every corner stays cool and comfortable. Step onto your spacious balcony and entertain in style. Plus, with exclusive amenities like an exercise room and underground parking, every need is met. With a BONUS in-suit storage of 300 cu.ft., convenience is unparalleled. Conveniently located near Price Smart Foods, Starbucks, and trendy shopping centers, this is the epitome of urban living. Don't miss out on your dream home! (id:48205)

2 Bedroom 1 Bathroom 729 sqft
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 sqft
For sale
$489,000
211 20728 WILLOUGHBY TOWN CENTRE DRIVE, langley, British Columbia

211 20728 Willoughby Town Centre Drive

Langley, British Columbia

Welcome to the Kensington at Willoughby Town Centre where a spacious one Bed, Bath, Plus Den home is waiting just for you! Measuring at 704 square feet, unit 211 basks in natural light, and has a wonderfully functional floor plan with a sizeable patio. The Kensington Building is pet and rental friendly and is situated in the thoughtfully designed Willoughby Town Centre which emphasizes walkability and connectivity with the community. With wide sidewalks, green spaces, and bike lanes integrated throughout the area, you can live, work and play without travelling far! This home comes with one secure underground parking spot, a very generously sized storage locker, and is just steps away from your favourite coffee shops, grocery stores, restaurants & fitness studios! An absolute must see! (id:48205)

1 Bedroom 1 Bathroom 704 sqft
For sale
$480,000
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 sqft
For sale
$479,999
513 20695 EASTLEIGH CRESCENT, langley, British Columbia

513 20695 Eastleigh Crescent

Langley, British Columbia

Discover home at The Eastleigh: An iconic six-story gem brought to you by RF Properties. Featuring 88 chic residences, this haven is perfectly positioned steps from the upcoming Langley Skytrain station, offering unmatched connectivity and seamless access to various transportation options. Your North East-facing one-bedroom plus den sanctuary awaits, complete with upgraded A/C to keep you cool during the summer's warm embrace. Boost your work-life harmony with exclusive co-working spaces and private meeting rooms designed to inspire productivity and creativity. Indulge in state-of-the-art amenities crafted for contemporary living, including fitness centres, communal lounges, and serene outdoor spaces. Welcome to The Eastleigh-where modern luxury meets everyday retreat. Don't miss out! (id:48205)

1 Bedroom 1 Bathroom 586 sqft
For sale
$479,900
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 sqft
For sale
$479,900
103 8117 200A STREET, langley, British Columbia

103 8117 200a Street

Langley, British Columbia

Attention pet-owners! This is the perfect spot for your furry friends... a condo W/ it's own front door to the street! With 12 foot ceilings, it feels much larger than 600 sf. The modern yet functional space was designed by Vancouver's Collaborative Design Studio and include two tone grey and glass accent cabinets, luxury vinyl plank flooring (no carpet anywhere), matte black fixtures, sleek porcelain tile in the cheater ensuite, a huge walk in closet, and air-conditioning. Building amenities include a fitness studio, party room with kitchen, and a secure locker system in the lobby that alerts you when your Amazon pkgs arrive! Close to the hwy for commuters and directly on transit. No rental restrictions. Qualifies for first time buyer tax emotion. Move in ready this summer! (id:48205)

1 Bedroom 1 Bathroom 590 sqft
For sale
$479,900
102 8117 200A STREET, langley, British Columbia

102 8117 200a Street

Langley, British Columbia

Attention pet-owners! This is the perfect spot for your furry friends... a condo W/ it's own front door to the street! With 12 foot ceilings, it feels much larger than 600 sf. The modern yet functional space was designed by Vancouver's Collaborative Design Studio and include two tone grey and glass accent cabinets, luxury vinyl plank flooring (no carpet anywhere), matte black fixtures, sleek porcelain tile in the cheater ensuite, a huge walk in closet, and air-conditioning. Building amenities include a fitness studio, party room with kitchen, and a secure locker system in the lobby that alerts you when your Amazon pkgs arrive! Close to the hwy for commuters and directly on transit. No rental restrictions. Qualifies for first time buyer tax emotion. Move in ready this summer! (id:48205)

1 Bedroom 1 Bathroom 590 sqft
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 sqft
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
A201 20834 80 AVENUE, langley, British Columbia

A201 20834 80 Avenue

Langley, British Columbia

Welcome to Alexander Square, crafted by ROG Development & nestled in the Willoughby neighborhood, just opposite Willoughby Town Centre. This residence boasts stunning kitchens with floor-to-ceiling cabinets, quartz countertops, a den, soft-closing doors, under-cabinet task lighting, a Whirlpool SS appliance package with an included washer/dryer. Enjoy community garden plots, a playground, outdoor courtyard with fire pits, gym, entertainment lounge, & a rooftop deck with BBQ facilities & outdoor seating. Unit comes with 1 parking spot & 1 storage. Seize the opportunity to make the most of the spacious rooftop deck & BBQ facility. Ideal for first-time homebuyers or investors, with schools conveniently nearby. 1 dog or 1 cat is allowed. EASY TO SHOW! (id:48205)

1 Bedroom 1 Bathroom 523 sqft
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
$478,000
414 8915 202 STREET, langley, British Columbia

414 8915 202 Street

Langley, British Columbia

New water proof and scratching proof Vinyl flooring, new dishwasher, new washer and dryer were installed in 2022! Prime location! Welcome to The Hawthorne in Walnut Grove - one of the best locations in Langley. This 1 bed 1 bath condo is in the highly desirable Hawthorne building built by the reputable MARCON. Open concept space, highly functional floor plan. One parking and one storage locker included with the unit. Walking distance to SHOPPING, RESTAURANTS, ENTERTAINMENT, TRANSIT, DOCTORS, EASY ACCESS TO #1 Highway and ALL SORTS OF AMENITIES. (id:48205)

1 Bedroom 1 Bathroom 570 sqft
For sale
$476,000
217 5486 199A STREET, langley, British Columbia

217 5486 199a Street

Langley, British Columbia

Welcome to centrally located Ezekiel a short walk from the future Skytrain in Langley City! Spacious and bright south facing corner 1 bedroom, 1 bath unit boasting 656 square feet of living space plus room for an office or open den. This condo offers plenty of room to spread out and relax. Only one shared wall offers an excellent location for privacy. Features stainless steel appliances, quartz counters and laminate floors. Bedroom has 10ft ceiling! Enjoy the perks of a modern lifestyle with amenities like a lounge, study, yoga room, & gym. Walking distance to everything, from shopping to dining to transit. The Ezekiel is only 3 years old, pet and rental-friendly by award-winning developer Whitetail Homes & comes with the peace of mind of the balance of the 2-5-10 New Home Warranty. (id:48205)

1 Bedroom 1 Bathroom 656 sqft
For sale
$470,000
104 8140 200 STREET, langley, British Columbia

104 8140 200 Street

Langley, British Columbia

Welcome to Eastin, a boutique collection of homes by Essence Properties in a vibrant, walkable community TOP FLOOR - 1 bed 1 bath spacious offers glass cabinets, and quality S/S appliances. Elegant bathrooms offer glazed porcelain tile flooring, vanity bar lighting, and matte black fixtures. This community boasts amenities like a landscaped courtyard, outdoor playground, gym, and spacious lounge area located in the heart of Willoughby, this community boasts amenities like a landscaped courtyard, outdoor playground, car wash, fitness center, and a dog washing station. This unit comes with 1 parking and 1 storage. (id:48205)

1 Bedroom 1 Bathroom 590 sqft
For sale
$469,900
201 19774 56 AVENUE, langley, British Columbia

201 19774 56 Avenue

Langley, British Columbia

Discover the perfect blend of comfort and convenience with this charming 630 sqft 1 BED + DEN home, featuring a HUGE 140 sqft balcony, in Maddison Station. Ideal for first-time homebuyers or investors, it's located near Willowbrook Mall, transportation, and recreational facilities. The kitchen boasts stainless steel appliances and granite countertops, while the master bedroom features air conditioning for year-round comfort. The versatile den can serve as an office or guest room. Enjoy the convenience of two secure underground parking stalls and pet-friendly policies with some restrictions. The expansive balcony offers extra outdoor living space, perfect for relaxing, entertaining, or creating a garden oasis. Book a showing today! SEE VIRTUAL TOUR (OH: June 22 & 23 from 2-4pm) (id:48205)

1 Bedroom 1 Bathroom 630 sqft
For sale
$469,900
308 5664 200 STREET, langley, British Columbia

308 5664 200 Street

Langley, British Columbia

Welcome to this spacious top-floor unit in the heart of Langley City! This 2 bedroom, 1 bathroom gem boasts a functional layout with a separate dining area and a large living room, perfect for entertaining. Enjoy the outdoors on your covered balcony, rain or shine. The strata fee includes heat and hot water, ensuring comfort year-round. Additionally, this unit comes with one parking spot and a full-size locker for all your storage needs. The complex also features visitor parking and an exercise centre, adding more value to this fantastic opportunity. Situated close to shopping, parks, coffee shops, bus routes, and much more, this home offers the perfect blend of convenience and comfort. Don?t miss out on the chance to own a lovely home in a prime location. (id:48205)

2 Bedroom 1 Bathroom 835 sqft
For sale
$469,800
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 sqft
For sale
$469,000
B408 20211 66 AVENUE, langley, British Columbia

B408 20211 66 Avenue

Langley, British Columbia

Ideal top-floor 1-bedroom condo in the Langley's sought-after Elements. Bright & spacious living room features vaulted ceiling & large windows allowing for plenty of natural light. Open kitchen boasts Whirlpool stainless steel appliances, quartz countertops, & ample cabinet space. Good sized bedroom w/ newer carpet. 4pc bathroom w/ convenient under-counter lighting. Luxurious amenities include gym, yoga room, media room, board room, clubhouse, & billiards room. Building has FOB elevator access control system for added security. 1 underground parking & 1 storage locker on same floor as unit. Convenient location only a short walk to transit, Willowbrook Shopping Centre, restaurants, grocery stores, & the upcoming Langley Skytrain extension. Pets allowed w/ no size restriction. (id:48205)

1 Bedroom 1 Bathroom 587 sqft
For sale
$469,000
116 5294 204 STREET, langley, British Columbia

116 5294 204 Street

Langley, British Columbia

Welcome to YOUR Renovated 1 bed/ 1 bath Unit Conveniently Located in The Heart of Langley City! This Unit Consists of Modern Luxuries such as Brand New Appliances, New Flooring, New Countertops, New Fixtures, New Modern Baseboards, Blinds and Much More! Be The First to Make This Your Home! It is Steps Away from Langley Downtown, Cascade Casino, Willowbrook Mall, Gyms and Schools. It is less than a minute walk from Portage Park. And So Much More! Move-in Ready. This Unit is A Great Opportunity For First Time Home Buyers or Investors. Very well-maintained building with ROOFTOP PATIO. It won't last long! (id:48205)

1 Bedroom 1 Bathroom 662 sqft
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 sqft
For sale
$468,900
406 19730 56 AVENUE, langley, British Columbia

406 19730 56 Avenue

Langley, British Columbia

Discover the pinnacle of comfort in this sun-drenched, top-floor 1 bedroom and 1 den suite. Boasting vaulted ceilings and northern exposure that welcomes a gentle morning light. This open-concept residence features a sophisticated kitchen equipped with stainless steel appliances, granite countertops, and in-suite laundry. Uniquely positioned , just across the street , the esteemed Global Montessori , local gyms, grocery stores and Willowbrook Mall. Transportation is readily available with transit links just steps away. (id:48205)

1 Bedroom 1 Bathroom 660 sqft
For sale
$468,000
C318 20211 66 AVENUE, langley, British Columbia

C318 20211 66 Avenue

Langley, British Columbia

Great sized one bedroom in "Elements" with functional layouts facing blueberry field, very quiet and private. Central location to go anywhere and across from major shopping centres. Walking distance to transportation, library, etc... great buy to live or invest. Tenanted, please allow time for showings. Tenant moving by end of July. (id:48205)

1 Bedroom 1 Bathroom 560 sqft
For sale
$464,900
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 sqft
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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