Condo
$399,900
25% less per sq ft204 20125 55A AVENUE
Langley24 days on market
MLS® R3164531
1 / 33
1 bed · 1 bath · 758 sq ft · 1 parking
Condo · Single Family · built 1996 · 157 days on market
Listed by Seyon Kim, Macdonald Realty Westmar
Realtor's description
Welcome to this rare ground floor unit at College Court. This nicely updated and spacious unit in the heart of Langley features a generous living room, large bedroom and open kitchen with newer appliances. Also included is a private patio space and an in-suite washer/dryer. This thoughtfully laid out floor plan is measured at 758 sf and is one of the best value propositions in all of Langley. Steps to cafes, shops, restaurants and community centres while having Willowbrook, Kwantlen and TWU all nearby. Easy access to all the major routes. Upcoming skytrain & Historic Downtown Langley - plus Hwy 10, Hwy 1, Fraser Hwy & 200th are minutes away. A smart investment with pride of ownership all around. Comes with secure u/g parking.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 758 sq ft
- Parking
- 1
- Year built
- 1996
- Property tax
- $2,373 / yr
- Strata fee
- $345 / mo ($0.46 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed
- Days on market
- 157
- MLS®
- R3119671
Features
- Pets Allowed
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,016/mo
Mortgage $1,473 · Tax $198 · Strata $345
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,765/mo
- After all costs
- −$427/mo
- Cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $1,473 · tax $198 · strata $345 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Langley (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
LangleyGoogle Maps ↗
Schools
Catchment schools, Langley School District 35
- Elementary Douglas Park Elementaryhomes in this catchment
900 m away · 5409 206 St, Langley · 604-533-4491
- Middle H.D. Stafford Middlehomes in this catchment
2.1 km away · 20441 Grade Cres, Langley · 604-534-9285
- Secondary Langley Secondaryhomes in this catchment
1.6 km away · 21405 56 Ave, Langley · 604-534-4171
From the Langley School District 35's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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