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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
$2,888,800
3910 244 STREET, langley, British Columbia

3910 244 Street

Langley, British Columbia

Excellent opportunity to own 2.48 acres just off the Fraser Hwy corridor, and hold for future potential uses. This home was FULLY RENOVATED in July 2023, and offers 3 beds & 2 baths with new cabinets, windows, roof, paint, floors, gutters, and appliances, etc. Electricity and furnace are updated with permits. Convenient location, just minutes to Langley City, Murrayville, Aldergrove, U.S.Border, W.C. Blair Recreation Centre, Langley Memorial Hospital, Poppy Estate Golf Course. Zoning allows for 3 commercial truck parking, the private yard is ready for your ideas. Can build another house on this lot or property. Please confirm with township of Langley for more details. (id:48205)

3 Bedroom 2 Bathroom 1087
For sale
$2,888,000
23836 68 AVENUE, langley, British Columbia

23836 68 Avenue

Langley, British Columbia

2.38 ACRES - 2 HOMES - SALMON RIVER UPLANDS - ZONED SR 1. Located steps from beautiful Williams Park.This property lends itself to endless opportunities (build family estate, subdivision potential-see realtor for more info.) or great revenue while you decide. 4 bdrm 2250SF split entry. Solid older home ready for your ideas. Detached 22'x62' insulated and heated shop with 3 overhead doors, metal roof, 220V power and water. Separate driveway leads to original 1 bdrm 876SF cottage with beautiful deck to enjoy the outdoor space surrounding this picturesque location. Old growth trees, manicured lawns and ornamental bushes create a backdrop for you to build on. With 627 FEET of road frontage, you can achieve anything. This is highly sought after area, so call today. (id:48205)

4 Bedroom 1 Bathroom 2250 sqft
For sale
$2,880,000
9036 GAY STREET, langley, British Columbia

9036 Gay Street

Langley, British Columbia

Beautiful high quality-built home with detached 1,362 sf. workshop on park-like almost 1/2 acre, is an easy walk to boutique shopping, restaurants, river walk pathways & trails, plus Langley Fine Arts School. This traditional layout features 5 large bedrooms, formal living and dining room and spacious family room off kitchen. Master bedroom has a vaulted ceiling, fireplace and balcony overlooking lush and private backyard. Wraparound covered verandah offers lovely space to sit and relax, and the expansive patio is an entertainer's dream. Recent upgrades include a high-efficiency furnace and oversized hot water tank installed in 2022. The separate heated workshop includes an office, bathroom,100 AMP service and polished concrete floor, with great access from a large driveway. (id:48205)

5 Bedroom 3 Bathroom 4270 sqft
For sale
$2,875,000
24401 58 AVENUE, langley, British Columbia

24401 58 Avenue

Langley, British Columbia

5 Acre with front & back road access w/ city water at the road in desirable Salmon River location! This flat, dry parcel has frontage on no thru street 60th Ave surrounded by high end homes including the prestigious Hyde Canyon Development. Currently in the ALR, zoned SR1 and close proximity to NON ALR properties. Solid older 3 bedroom rancher/basement home with 1875 SQ/FT workshop and the 1600 SQ/FT 5 bay covered storage area. Great location to build your dream home with North Shore Mountain views. Previously approved plans for 2 Story with basement home (8500 SQ/FT) + (1120 SQ/FT + 672 SQ/FT Loft) accessory building available. Parcels in a GREAT location like this RARELY come available! Land is vacant and ready for partial 2025 Christmas tree harvest. CITY WATER at road, drilled well. (id:48205)

3 Bedroom 1 Bathroom 1927 sqft
For sale
$2,875,000
9072 GAY STREET, langley, British Columbia

9072 Gay Street

Langley, British Columbia

Nestled on a 16,000+ sf lot on a desirable & quiet street in Fort Langley, this spacious 2-storey home offers ample living space for your family. Large windows in the dining & living areas allow you to enjoy the lush surroundings, an expansive kitchen flows into the family room with sliders & French doors. Upstairs, a 600 sf recreation room provides flexibility for games, hobbies, gym, or office, 3 bedrooms, & a den or a 4th bedroom. Step outside into your private oasis where a sprawling lawn is cut automatically by the included robot mower, an expansive deck & a hot tub await. It's perfect for outdoor entertainment, playing lawn games, or simply enjoying the treed yard. There's even a room for a pool! RV parking is available. Double garage has an extra 9x15 area for projects or a workshop. Easy side yard access. Short walk to Langley Fine Arts School, coffee shops, & restaurants, easy access to Hwy 1 via 216th St exit. Many recent upgrades including new roof, counters, and appliances. Ask for a complete list. (id:48205)

4 Bedroom 3 Bathroom 2891 sqft
For sale
$2,850,000
5108 244 STREET, langley, British Columbia

5108 244 Street

Langley, British Columbia

...Looking for shop space? Take a second look here. Tucked away on a quiet cul-de-sac location in the Salmon River area you will find this 3.29 acre site with large shops one with short term living/office accommodations in the shop. 1 heated shop is 32' X 110' and the other shop/barn is 34' x 175' with large gravel driveways bonus loading dock for delivers (collector cars). with almost 10,000 sq ft of storage you will have room for your "stuff". High ceilings and the main workshop/office is heated with large 400 amp single phase power already in, plus good water from a drilled well, Take a look here if you need storage and lots of it. (id:48205)

2 Bedroom 1 Bathroom 1025 sqft
For sale
$2,850,000
27159 FRASER HIGHWAY, langley, British Columbia

27159 Fraser Highway

Langley, British Columbia

. (id:48205)

For sale
$2,830,000
24044 FRASER HIGHWAY, langley, British Columbia

24044 Fraser Highway

Langley, British Columbia

Investment property. Currently being rezoned & in the OCP "FRASER HWY EMPLOYMENT LANDS AREA PLAN". Not in ALR. Large insulated & heated garage 24 X 36 with upper 3 bedrooms & 2 full baths. In good condition, includes AC, bright open kitchen & a south side sundeck. The 2-bedroom mobile home is also in good shape with CSA & MHR registration. Tons of parking. Good multi-generational investment or rental until development. By appointment only, no walk abouts unless an appointment made. (id:48205)

3 Bedroom 1 Bathroom 860
For sale
$2,799,000
4017 213A STREET, langley, British Columbia

4017 213a Street

Langley, British Columbia

BROOKSWOOD RANCHER w/bsmt on 0.92 Acres! 3000+sqft Spacious main floor w/ 3 bdrms, vaulted ceiling living room, stone gas fireplace, adj dining room, office & playrm or 4th bdrm! Gourmet kitchen w/ New SS appliances, walk in pantry, granite counters & eating island, opens to family room w/ gas f/p. Great Covered patio for entertaining! Primary bdrm w/ doors to patio, spa inspired ensuite w/ heated floors, dbl sinks, luxury tub & oversized rain shower. Amazing 3 room Bsmt space - sep entry, driveway, RV parking, bathroom/shower could be Home Business, Office, Media room, or potential inlaw suite. Gate leads to 3 car 24x30' detached garage/shop w/8ft doors & 10ft ceilings. Central A/C. In ground sprinklers. Private massive yard & garden w/high perimeter hedging. View the video tour! (id:48205)

4 Bedroom 4 Bathroom 4330 sqft
For sale
$2,799,000
4547 SOUTHRIDGE CRESCENT, langley, British Columbia

4547 Southridge Crescent

Langley, British Columbia

Vacation at home & discover community! People have walked the Crescent & admired this home for yrs! It is now available for you & your family! Memories will be created w/ pool parties, the 12 person hot tub, & grilling in the over the top professional outdoor kitchen. With 17,599 sq ft of mature landscaped privacy, yet a walk around the corner to historic 5 corners & shopping. This rancher w/ basement offers 3329 sq ft, open concept, 4 bdrms, 3bthrms. Updated kitchen w/ high end appliances, beverage station, quartz, & massive island. The specially ordered retractable doors open to the upper deck w/ view of incredible outdoor space. The primary bdrm w/ be your sanctuary w/ 4 pc ensuite & gas F/P. Down incs tons of space for game night, tv time, etc. Lots of upgrades & A/C is a bonus! (id:48205)

4 Bedroom 3 Bathroom 3329 sqft
For sale
$2,799,000
19711 33 AVENUE, langley, British Columbia

19711 33 Avenue

Langley, British Columbia

Welcome to the epitome of elegance and modern luxury, presented by the award-winning Castlemount Homes. This residence showcases the finest materials and a superb layout designed for entertaining. Enjoy the sophistication of high-end white oak engineered laminate flooring, bespoke millwork, and contemporary lighting fixtures. The dream kitchen features commercial-style appliances, quartz countertops, an Italian backsplash, and a meticulously detailed prep kitchen that will astonish you. Upstairs, four grand and spacious bedrooms each boast private washrooms. The basement is an entertainment haven with a theater room, a wet bar, and two 2-bedroom suites that are ideal for offsetting your mortgage. Backyard is flat, fenced and perfect for entertaining! Truly must SEE! (id:48205)

9 Bedroom 8 Bathroom 5623 sqft
For sale
$2,799,000
23166 48 AVENUE, langley, British Columbia

23166 48 Avenue

Langley, British Columbia

Extremely rare opportunity to purchase a 1 Acre RU zoned lot outside of the ALR. This property allows two homes to be built with no ALR size restrictions. Each home can have a legal suite. Zoning also allows for a two story detached shop. The existing home is well cared for and sits to one side - it could be kept and one new home built. Large detached 43'3 x 29'2 shop with heat. Corner lot with 240' of frontage and 178' depth which would create nicely shaped lots. Bonus long term holding property located in the Fraser Highway Employments Lands Area. Located close to amenities and easy HWY 1 access. (id:48205)

4 Bedroom 2 Bathroom 2199 sqft
For sale
$2,799,000
2565 216 STREET, langley, British Columbia

2565 216 Street

Langley, British Columbia

"GREAT INCOME POTENTIAL" this 2.5 acres of flat open-space with just enough trees for privacy and tranquility; This property comes with 2 homes boasts 8 large bedrooms and 7 bathrooms, a huge rec room, 2 kitchens and dining area (opening to the 900+ Sqft west-facing deck with breathtaking sunsets) and fully fenced with the electric gate. Main house rented for $3800 and the second house is rented for $3600. Second house is fully renovated in 2022. This property permits a home based business like daycare, commercial greenhouse, agriculture usage, can park 3 commercial trucks and many more. Conveniently located with the quick access to the major routes, schools & shopping. Don't miss out this opportunity to own this excellent property. Call us today to explore this FANTASTIC property. (id:48205)

8 Bedroom 7 Bathroom 3803
For sale
$2,798,600
8936 GLOVER ROAD, langley, British Columbia

8936 Glover Road

Langley, British Columbia

This stunning custom home is waiting for you! This home sits on an expansive 9800 sq.ft lot with no expense spared throughout. Featuring an open floor plan including 9' ceilings on the main, 4 large bdrms, a LEGAL suite, next to park space for additional privacy, a beautiful covered back deck with stone f/place, a chef inspired kitchen with granite island, walk in pantry, gas cooktop and built in tv and so much more. Enjoy your deluxe primary bedroom with large W/I closet and spa like ensuite. Bonus is the games room upstairs. All within steps to Fort Langley and all its amenities. Please view pictures and virtual tours to truly appreciate this one of a kind home. NEW BILL 44 LEGISLATION SHOULD ALLOW FOR A TOTAL OF 4-6 DWELLINGS AND/OR A COUCH HOUSE WITH ACCOMODATIONS. (id:48205)

5 Bedroom 5 Bathroom 4406 sqft
For sale
$2,790,000
6810 232 STREET, langley, British Columbia

6810 232 Street

Langley, British Columbia

Don't miss out on this delightful 5-bedroom, 4-bathroom home with 3,200 sqft of living space on 5.01 acres. The property features a 1,200 sqft heated shop, a 560 sqft summer cottage, and several storage buildings. Just a one-minute drive to the HWY 1 232 St entrance. Call now to book a showing appointment. (id:48205)

5 Bedroom 3200 sqft
For sale
$2,788,800
23805 36A AVENUE, langley, British Columbia

23805 36a Avenue

Langley, British Columbia

Luxury CUSTOM BUILT HOME built by reputable MTL Construction on Langley's STREET OF DREAMS! This home sits on a 27878 sq. ft lot. and has 4 beds (each with their own walk-in closet & En suite!) a den, 6 bath, A/C, generator & Oak engineered hardwood throughout. The main floor features a GRAND foyer, 2 large primary bedrooms w/spa like En suites, laundry room & den + a BONUS STUNNING 1 bed LEGAL suite w/separate entrance & high ceilings, perfect for extended family!! Upstairs has stunning vaulted ceilings, oversized chef's kitchen w/Monogram appliances, large island, pantry, plus a huge OPEN living & dining room w/wet bar & bedroom. Relax on the back deck w/GAS fireplace, heater & TV set up or the pool & hot tub, perfect for entertaining!! BONUS DETACHED SHOP with an additional 1 bed suite! (id:48205)

4 Bedroom 5 Bathroom 4543 sqft
For sale
$2,788,000
23891 0 AVENUE, langley, British Columbia

23891 0 Avenue

Langley, British Columbia

8.96 ACRES with charming Farmhouse and endless opportunities and many updates! This property has multiple buildings and extremely well set up for HORSES but could easily lend itself to a multitude of uses. Zero expenses have been spared fully fenced and cross fenced, two outdoor areas with great footing, pasture turnout and a great barn with everything you need. Gravel driveway access to the back of the property, would make a fabulous building site as well! This is a must see to appreciate! (id:48205)

2 Bedroom 1 Bathroom 2107 sqft
For sale
$2,777,777
3238 198 STREET, langley, British Columbia

3238 198 Street

Langley, British Columbia

Georgie Award nominated home w/no GST! CLASSY details + warm hues provoke profound aesthetic. ARCHES, 15ft High Ceilings, designer feature walls, GLAMOROUS LIGHTING + textures. GOURMET KITCHEN blends STAINED OAK cabinetry w/Calcatta Gold slab stone & ITALIAN Bertazzoni appliances. PREP KITCHEN w/pantry full of CHARACTER, Bedroom on Main, REC ROOM w/wet bar. Primary suite ft high-ceilings, balcony, CUSTOM WARDROBE CLOSET, HOTEL-STYLE bathroom w/heated floor + generous polished calcutta tile for a luxurious modern feel. Built-in speakers, dining bar, wine display + Nero Marquina staircase w/LED Lighting! Elegant exterior w/custom fluted front-face. This home is loaded with custom features and has a PRIVATE BACK YARD! MOVE-IN immediately to this statement dream home! 2+2 Suite Options (id:48205)

9 Bedroom 9 Bathroom 5730 sqft
For sale
$2,750,000
19875 55A AVENUE, langley, British Columbia

19875 55a Avenue

Langley, British Columbia

6 STORY DEVELOPMENT PROPERTY! These stand alone 2 parcels are ready for development applications, and Langley City has the fastest turnaround time in the lower mainland! The 2 lots total 26,822 sq. feet and zoned 2.1 FAR! This 10,400 sq. foot corner lot has 3 road frontages giving it tons of options. 4 bed 2 bath home features newer roof and updates over the years. Call or text for more details. Value mainly in land, home being sold "as is where is." DO NOT ENTER PROPERTY OR DISTURB OWNERS. (id:48205)

4 Bedroom 2 Bathroom 2312
For sale
$2,749,000
20498 1 AVENUE, langley, British Columbia

20498 1 Avenue

Langley, British Columbia

Looking for a view acreage in South Langley next to High Point? This 2.06 Acre rancher w/a daylight bsmt offers stunning views from both flrs. Located on a quiet dead end street w/direct access to High Point Trails w/o going onto a busy rd. The nearly 4,200 sqft rancher is set up for two families w/a main flr that has 3 bdrms/2.5 baths and the basement with 3bdrms/2baths. Updated w/new kitchens, bathrooms, flooring, and fixtures. Open plan living and an expansive deck to take in the views. Detached 30x40 shop w/over height ceilings and doors with insulation and water. Detached 2 stall barn, plus 4 smaller stalls attached to the shop. 60' round pen, fenced fields and shelters. Back up generator, gated and a siding a lrg forest. Perfect for two families. (id:48205)

6 Bedroom 5 Bathroom 4169 sqft
For sale
$2,700,000
5419 203 STREET, langley, British Columbia

5419 203 Street

Langley, British Columbia

This is a land Assembly. Area allows Multi-Storied Buildings up to 15 floors. Check with the city for complete possibilities and regulations. (id:48205)

2 Bedroom 1 Bathroom 915 sqft
For sale
$2,700,000
5435 203 STREET, langley, British Columbia

5435 203 Street

Langley, British Columbia

Development Site. OCP designated transit-oriented core zoning. up to 8 stories. 3.0-5.5 FAR. Walk to mall, recreation center, parks and schools; future skytrain is under planning now. No trespassing. appointment only. This property will be sold "AS IS, WHERE IS" & must be SOLD TOGETHER with the adjacent property, 5435 203 St Langley and possibly 5423 203 ST. (id:48205)

1 Bedroom 562
For sale
$2,700,000
5445 203 STREET, langley, British Columbia

5445 203 Street

Langley, British Columbia

Development Site. OCP designated transit-oriented core zoning. up to 15 stories. 3.0-5.5 FAR. Walk to mall, recreation center, parks and schools; future skytrain is under planning now. No trespassing. appointment only. This property will be sold "AS IS, WHERE IS" & must be SOLD TOGETHER with the adjacent property, 5435 203 St Langley (id:48205)

1 Bedroom 1123
For sale
$2,699,999
22851 HOUSTON AVENUE, langley, British Columbia

22851 Houston Avenue

Langley, British Columbia

One of Fort Langley's best homes and location! This custom built 3,750 square foot home was built by the reputable and local Wescraft Homes. Situated on nearly 10,000 square foot and a corner lot. This home is complete with an open floorplan, over height 9 ft ceilings on the main and upper levels, an office off the foyer, expansive kitchen with S/S appliances, oversized 9 ft double car garage doors and beautiful landscaping. Not to mention, this home has lots of revenue options including a 2 bedroom LEGAL SUITE and an approx. 1,000 square foot detached building currently used for a home based business. (id:48205)

5 Bedroom 5 Bathroom 3752 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