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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
$3,498,600
25772 82 AVENUE, langley, British Columbia

25772 82 Avenue

Langley, British Columbia

This STUNNING 4.8 acre private estate is situated in the coveted community of Fraser Hills, minutes from Fort Langley. This gorgeous 7179 sq.ft home also features a country kitchen including high end appliances and a lovely eating area with fireplace overlooking the manicured backyard. There is plenty of room for the whole family with numerous entertainment spaces including a library, games room, den, English style pub complete with billiard room and scotch locker. The front of the estate enjoys mountain views overlooking a lovely equestrian center. A spectacular sun room with vaulted ceilings overlooks the park-like backyard which features a SPECTACULAR in-ground POOL,hot tub, viewing deck, cabana and fire pit. FOUR CAR GARAGE and lots of parking! (id:48205)

4 Bedroom 5 Bathroom 7179
For sale
$3,498,600
21871 100 AVENUE, langley, British Columbia

21871 100 Avenue

Langley, British Columbia

Nestled in the heart of Fort Langley/Walnut Grove, welcome to this serene retreat on nearly 5 acres of land. Enjoy DUAL FAMILY living in this 5,750+ square foot haven with captivating views of Golden Ears Mountain. The home has had a number of renovations done including an updated kitchen , S/S appliances, updated flooring, updated bathrooms, Hot water tank (approx. 2 years old)- to name just a few! The property itself has limitless potential with ability for farm status (tax benefit), triple car garage, a number of outbuildings, detached living residence and an outdoor pool. So many opportunities for MORTGAGE HELPERS, especially with new legislation (Bill 44) coming into effect this year. Come and see this incredible property. (id:48205)

6 Bedroom 5 Bathroom 5773
For sale
$3,498,000
24213 58 AVENUE, langley, British Columbia

24213 58 Avenue

Langley, British Columbia

Private 0.92-acre retreat in Salmon River on a no-through street! This 3754 sqft rancher is perfectly level and pool-ready with an attached triple garage. Renovated with a large addition in 2021 (with permits) and potential for a future in-law suite. The primary bedroom's French doors open to a custom timber deck with an outdoor kitchen and hot tub. The landscaped backyard boasts a cozy firepit. Enjoy year-round comfort with a heat pump for heating and AC. A large detached shop includes full 200amp service with welding plugs, a separate metered natural gas service with a furnace, and a 14 ft bay perfect for a car lift. With a separate gated driveway, the shop is ideal for hobbyists and professionals. Tons of parking. Refer to the upgrade list and check out the virtual tour! (id:48205)

3 Bedroom 3 Bathroom 3754 sqft
For sale
$3,495,000
5723 244B STREET, langley, British Columbia

5723 244b Street

Langley, British Columbia

Refinement Meets Practicality: Immerse yourself in a space where each aspect has been thoughtfully designed to ooze sophistication. This exquisite residence features coffered ceilings, crown moulding, and elegant lighting, setting the stage for an atmosphere of luxurious comfort. A hidden loft introduces an element of mystery, and the expansive primary suite serves as a sumptuous retreat. For functionality, the basement is prepped to accommodate a 2 or 3-bedroom suite, adaptable to evolving family dynamics. Located in a tranquil, idyllic area close to farmers markets and organic food stores, this property is perfect for those who value a quiet lifestyle with easy access to top-notch amenities. Viewings AVAILABLE BY APPOINTMENT: secure your spot now! (id:48205)

6 Bedroom 5 Bathroom 5609 sqft
For sale
$3,490,000
21803 6 AVENUE, langley, British Columbia

21803 6 Avenue

Langley, British Columbia

The CAMPBELL VALLEY acreage you have been waiting for. Almost 2.5 acres on a quiet no thru street with easy access to the trails. Truly something for everyone. A long, winding, paved, & gated driveway leads you to a high & dry, selectively treed private setting for your home & outbuildings. Beautifully remodeled 5 bedroom country home with vaulted ceilings, open concept, AC, chefs kitchen incl. Wolf 6 burner gas stove all leading to a private sundeck also an adjoining garage with epoxy floors. 56' by 37' custom built car lover shop oasis with full entertainment facility, bar kitchen, gym space & accom. for overnight guests plus a loft. Also an incredible custom built horse lovers barn, 4 stalls + in and outs, wash rack, bathroom and tack room & adjoining riding arena. You will LOVE it! (id:48205)

5 Bedroom 3 Bathroom 2602 sqft
For sale
$3,490,000
20230 28 AVENUE, langley, British Columbia

20230 28 Avenue

Langley, British Columbia

A cozy rancher style home with two big workshops in the highly sought-after Brookswood-Fernridge NCP within the Township of Langley. Excellent development potential with possible changes of more future density. Walking distance to elementary schools and neighbourhood parks, plus Brookswood Secondary a 5 minute drive away. The property is ideal for living, investing, or developing. Act now to own it. (id:48205)

3 Bedroom 3 Bathroom 1750 sqft
For sale
$3,488,999
25368 60 AVENUE, langley, British Columbia

25368 60 Avenue

Langley, British Columbia

AMAZING 5-acre hobby farm in Langley! The rebuilt rancher features 4 bedrooms and 3 bathrooms, a HUGE living room, dining room, kitchen, and a 2 bedroom side suite. This property offers a secondary home with 2 bedrooms as a potential mortgage helper or in-law suite. Plus a separate studio suite with a living room and bathroom. Along with the rental potential, seasonal plants provide a yearly income. potential 3 truck parking. Easy access to the highway. Call today to book your private showing. (id:48205)

5 Bedroom 5 Bathroom 3568 sqft
For sale
$3,450,000
24595 64 AVENUE, langley, British Columbia

24595 64 Avenue

Langley, British Columbia

40 ACRES ESTATE AND NURSERY FARM. Beautifully renovated 2,953 SQ.FT Home with 4 Bedrooms and 3 Bathrooms. Vaulted sunroom with natural beams, hardwood floors, upscale appliances and a private deck with a hot tub off the master bedroom. Buildings include 1 1,000 SQ.FT Barn, an 800 SQ.FT Pole Barn and a 240 SQ.FT Mobile Office. Currently used as a Nursery Farm with inground sprinkler systems and individual hydrants for fine-tuning irrigation excellent water supply. Close to all amenities. Thunder Bird Stadium and easy access to Fraser Highway and Highway #1. (id:48205)

4 Bedroom 3 Bathroom 2951
For sale
$3,450,000
24595 64 AVENUE, langley, British Columbia

24595 64 Avenue

Langley, British Columbia

40 ACRES ESTATE AND NURSERY FARM. Beautifully renovated 2,953 SQ.FT Home with 4 Bedrooms and 3 Bathrooms. Vaulted sunroom with natural beams, hardwood floors, upscale appliances and a private deck with a hot tub off the master bedroom. Buildings include 1 1,000 SQ.FT Barn, an 800 SQ.FT Pole Barn and a 240 SQ.FT Mobile Office. Currently used as a Nursery Farm with inground sprinkler systems and individual hydrants for fine-tuning irrigation excellent water supply. Close to all amenities. Thunder Bird Stadium and easy access to Fraser Highway and Highway #1. (id:48205)

For sale
$3,449,900
8901 GLOVER ROAD, langley, British Columbia

8901 Glover Road

Langley, British Columbia

LUXURY DREAM HOME | FORT LANGLEY | 4 BED & 4 BATH | Welcome to one of Fort Langley's finest! Boasting luxury, this custom built dream home is made for gracious living & entertaining. Built by Midland Premium Properties, this extraordinary 3 level home w/ extensive 3 car garage (w/ built ins) offers a distinctive feel w/ luxurious millwork, wainscotting, over-height ceilings w/ an abundant use of glass & natural materials. Chef's kitchen w/ Wolf Cooking, Jenn Air Refrigeration - including a separate Prep Kitchen & Pantry. Sensational Master Spa Inspired ensuite boasting Honed Marble Finishes, Designer Lighting & Luxury Plumbing Fixtures. Walk-out bsmt features a rec/games room, Bed, Spa Style Bath & luxury bar set-up & wine cellar! Only steps away from the Fort Langley strip, call today! (id:48205)

4 Bedroom 4 Bathroom 4542 sqft
For sale
$3,399,000
3610 240 STREET, langley, British Columbia

3610 240 Street

Langley, British Columbia

9.97 (+/-) acres The main home which has three bedrooms and two washrooms had been extensively renovated and shows well. The other mobile home has two bedrooms and one washroom. Quonset Hut is nicely maintained. Situated in a beautiful rural setting providing an abundance of privacy while being close to schools and amenities Perfect property to hold now and build your home in the future! ***Please note that trees have been cut down and are in process of being removed*** ***Contact for viewings*** Please do not enter without prior approval (id:48205)

3 Bedroom 2 Bathroom 1376 sqft
For sale
$3,398,600
22340 88 AVENUE, langley, British Columbia

22340 88 Avenue

Langley, British Columbia

Spectacular and one-of-a-kind 4.5 ACRE property in desirable Topham Estates Neighborhood overlooking Fort Langley. Ideal location to build the house of your dreams! The backyard faces North East providing incredible MOUNTAIN AND VALLEY VIEWS. Step onto your oversized deck for a morning coffee or a hot tub while enjoying the beautiful mountain views. Not to mention, an expansive detached garage with double car parking and storage space. Apple and Pear trees are nestled in the North East corner of the property for your own little orchard! (id:48205)

3 Bedroom 2 Bathroom 1455
For sale
$3,395,000
10018 MCKINNON CRESCENT, langley, British Columbia

10018 Mckinnon Crescent

Langley, British Columbia

A long road leads you to this picturesque, completely private, nestled in nature 2 residence property on McKinnon Cres! With 7.1 acres you have acreage living yet a zip around the corner to all that Fort Langley offers in terms of amenities, shopping and lifestyle! The beautiful Rancher has been well maintained & has 1830 sq ft, 3 bdrms & 2 bths. Step out to the huge covered patio for year round enjoyment. The double wide mobile includes 1570 sq ft, 3 bdrms, 2 bthrms, & would be great as a mortgage helper or for family! There is covered RV/boat parking and car buffs will love the shop with multiple bays, and massive mezzanine above! Tons of parking and this is truly a sanctuary in a dream location~ a couple of minutes to golf course, Houston trail, & all amenities! Don't miss this one! (id:48205)

3 Bedroom 2 Bathroom 1830 sqft
For sale
$3,375,000
1848 256 STREET, langley, British Columbia

1848 256 Street

Langley, British Columbia

9.9 ACRES HOUSE & ACREAGE. 2,236 SQ/FT Fully renovated in 2023 home with 4 bedrooms and 2.5 bathrooms. The property has a second driveway access that leads to a Detached garage of 640 SQ/FT, plus there is an 850 SQ/FT Dog Kennel Building. Lots of open/ cleared space for Truck Parking and a great location to build an Estate Home (7,400 SQ/FT Buyer to verify). Close to all amenities and easy access to Fraser Highway, Highway #1, and USA Border. (id:48205)

4 Bedroom 3 Bathroom 2236 sqft
For sale
$3,300,000
23436 44 AVENUE, langley, British Columbia

23436 44 Avenue

Langley, British Columbia

Rural living that is only 2 minutes away from Murrayville town center. Fabulous flat totally usable 1.295 acre property on a quiet country street. Spacious open "Great room" plan main floor with 9 ft ceilings, lots of windows providing lots of natural light and rich hardwood floors. A gourmet kitchen with lovely quartz counters, stainless steel appliances with a gas stove and a huge island with overhang. The primary bedroom has an electric fireplace, walk-in closet and beautiful 5 piece en-suite. The basement has a large recreation room with a bathroom. A legal 2 bedroom suite with laundry to help with the mortgage. A wonderful covered wrap around sundeck overlooking your serene acreage. Located in the "Fraser Highway Employment Lands Area Plan" makes this a smart and savvy investment! (id:48205)

5 Bedroom 4 Bathroom 2898 sqft
For sale
$3,300,000
23456 44 AVENUE, langley, British Columbia

23456 44 Avenue

Langley, British Columbia

Rural living that is only 2 minutes away from Murrayville town center. Fabulous flat totally usable 1.295 acre property on a quiet country street. Enter into the open living and dining room with soaring vaulted ceilings providing a bright and spacious living area with laminate floors. A lovely appointed kitchen with quartz counters, stainless steel appliances including a gas stove. Two bedrooms and two bathrooms on the main floor with the "private" primary bedroom suite upstairs including 2 walk-in closets, a gas fireplace and full en-suite. Extra storage in the basement plus a legal 2 bedroom suite with laundry to help with the mortgage. A peaceful and serene acreage for your animals.Located in the "Fraser Highway Employment Lands Area Plan" makes this a smart and savvy investment! (id:48205)

5 Bedroom 4 Bathroom 2878 sqft
For sale
$3,300,000
20900 NEWLANDS DRIVE, langley, British Columbia

20900 Newlands Drive

Langley, British Columbia

Subdivision site in Langley City's #1 most affluent Uplands neighbourhood. Subdivide into 6 lots over 6000sqft each! Build multiplexes or single family on each lot. Very close to future Skytrain, transit, Willowbrook Mall, Newlands Golf Course, medical clinics, schools, Kwantlen university, Library, community centre, employment center, and more! 20900 and 20908 Newlands Drive are total ~1.14 Acres being sold together. Sold as is where is. https://www.realtor.ca/real-estate/26636051/20908-newlands-drive-langley (id:48205)

4 Bedroom 3 Bathroom 3029 sqft
For sale
$3,300,000
20908 NEWLANDS DRIVE, langley, British Columbia

20908 Newlands Drive

Langley, British Columbia

Subdivision site in Langley City's #1 most affluent Uplands neighbourhood. Subdivide into 6 lots over 6000sqft each! Build multiplexes or single family on each lot. Very close to future Skytrain, transit, Willowbrook Mall, Newlands Golf Course, medical clinics, schools, Kwantlen university, Library, community centre, employment center, and more! 20900 and 20908 Newlands Drive are total ~1.14 Acres being sold together. Sold as is where is. https://www.realtor.ca/real-estate/26636049/20900-newlands-drive-langley (id:48205)

5 Bedroom 3 Bathroom 3288 sqft
For sale
$3,300,000
20058 FERNRIDGE CRESCENT, langley, British Columbia

20058 Fernridge Crescent

Langley, British Columbia

Introducing a prime investment in Fernridge Neighbourhood Concept Plan! This 2.02-acre property offers future development potential. The main residence is a spacious 5 Bedroom home + a self-contained bachelor suite. A detached workshop, heated & plumbed, features a self-contained 2-bedroom accommodation. With multiple revenue streams possible, including the main home, bachelor suite, and workshop, this property offers a lucrative opportunity. Surrounded by trees and a fenced yard, it backs onto a protected greenbelt, ensuring tranquility. For equestrian enthusiasts or livestock owners, horse and livestock barns, with three separate paddocks, offer functionality. Don't miss this fantastic investment with future development prospects. Schedule your viewing today! (id:48205)

7 Bedroom 5 Bathroom 4140 sqft
For sale Open House
$3,299,000
8875 ARMSTRONG ROAD, langley, British Columbia

8875 Armstrong Road

Langley, British Columbia

Incredible 8000 sq ft home with 7 Car garages. Perfect multigenerational living. This home has beautiful, towering ceilings, wood mouldings, breathtaking panoramic views of the Fraser River and Golden Ears. Just outside of Fort Langley. 5 beds/5 baths in the main house plus 2700 sq ft 2 bed/2bath walkout suite. Plenty of Space for everyone and so much parking and ample RV parking. The RU3 zoning regulations from Township of Langley allow a business or a much desired potential area for sustainable living. Book your private showing today. (id:48205)

7 Bedroom 7 Bathroom 8036 sqft
For sale
$3,249,900
24313 8 AVENUE, langley, British Columbia

24313 8 Avenue

Langley, British Columbia

Experience living away from the hustle, and bustle on your own South Langley private 4.53 acre lot. Large driveways allowing ample parking for cars, RVs buses, or work trucks. Build your dream farm house with a large shop. The 3500+ ft home offers 4 bedrooms w/ an updated Chef inspired kitchen features a premium as appliances, open concept living is perfect for entertaining or relaxing. The home has been completely repainted with designer colours, gas fireplace and an oversized den perfect for a home business office. The sun drenched outdoor patio space is ideal for summer days with family. On the top level you will find wood post to the ceiling with an abundance of natural light. Close to schools, shops and dining!Open house Sat April 20/Sun April 21 12-2. Check out our Virtual Tour! (id:48205)

3 Bedroom 1 Bathroom 3549
For sale
$3,200,000
5453 208 STREET, langley, British Columbia

5453 208 Street

Langley, British Columbia

The property is designated "Mixed Use Residential" which will allow a FAR of 2.5-3.5 due to potential density bonusing provisions in the OCP Bylaw Building height can be a maximum of 12 storeys. Mixed use residential allows for ground floor commercial and residential above. See included draft plan renderings for both a 6 storey and 12 storey building on this assembled side. 3 parcels must be purchased together and total nearly half an acre. (20755 Douglas Crescent, 20765 Douglas Crescent, 5453 208 Street) (id:48205)

2 Bedroom 1 Bathroom 1039
For sale
$3,199,999
19712 20 AVENUE, langley, British Columbia

19712 20 Avenue

Langley, British Columbia

Welcome to the heart of Brookswood! This stunning property over 3000 square feet of luxurious living space. Boasting a spacious main residence and a separate 2-bedroom suite, there's ample room for extended family or rental income potential. With its prime location under the Fernridge Neighborhood Plan, this 2.4 acre lot is designated for 10,000 square foot lots, presenting an incredible investment opportunity. Enjoy the tranquility of the surrounding nature while being just minutes away from schools, parks, and amenities. Don't miss out on the rare chance to own a piece of paradise in one of Langley's most desirable neighborhoods! (id:48205)

4 Bedroom 4 Bathroom 3184
For sale
$3,199,000
24937 ROBERTSON CRESCENT, langley, British Columbia

24937 Robertson Crescent

Langley, British Columbia

Fall in love from the moment you enter the gated property. This beautiful 4.43 acres has it all. This home has been completely renovated with high end materials, custom design and pride of ownership. The bright and open floorplan offers natural lighting all day long. Wrap around windows and sliding door, Skylights and patios in the front and back provide you with the feeling you are living in a natural oasis. This property has complete privacy and a rural vibe combined with modern luxury throughout the home. The pool house is perfect for entertaining or as a family retreat from the City. The back of the property is heaven on earth with beautiful creek and trails. Too many upgrades to list and must be experienced to be appreciated. Call for your private appointment today (id:48205)

4 Bedroom 2 Bathroom 4560 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