103 20367 85 Avenue, Langley — $545,000 · mihom.ca

monthly cost

$2,843/mo

Mortgage $2,399 · Tax $164 · Strata $280

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,399/ monthly

loan $436,000

25-year amortization

down payment20% · $109,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $283,586
property transfer tax: $8,900; BC general rate
cash to close: $117,900; down + PTT
total paid: $719,586

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,490/mo
after all costs: −$587/mo
cap rate: 4.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,399 · tax $164 · strata $280 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Langley: CMHC's average there ($2,203) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

property tax by year

year	assessed	est. tax
2026	$544,000	$1,968
2025	$564,000	$1,889

Estimated tax up 4.2% from 2025 to 2026.

The listing shows $1,968 a year in property tax.

Estimate: the BC Assessment value times Langley's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

development nearby

Rezoning for a 6 storey, 223 unit building
360 m away · 2019 · under review · 20186 & 20212 86 Avenue
Amend the Carvolth Neighbourhood Plan and to rezone property from Suburban Residential Zone SR-2 to a yet to be determined Comprehensive Development Zone for the development of two (2) six-storey condominium buildings (223 units). A Development Permit application (with incorporated parking variance) has also been submitted. Jan 20, 2021 Streamside DP submitted.
Rezoning for 220 homes
330 m away · 2017 · under review · 20239 84 Avenue and 20264 86 Avenue
Amend the Carvolth Neighbourhood Plan and to rezone a portion of the property from Suburban Residential Zone (SR-2) to a yet to be determined Comprehensive Development Zone for the development of 220 apartment units and 20 townhouse units. A Development Permit application has also been submitted. A Subdivision application and a Development Permit application for the townhouses were received June 2
Rezoning for 203 homes
370 m away · 2018 · under review · 20200 Block of 86 Avenue
Rezone property from Suburban Residential Zone (SR-2) to a Comprehensive Development Zone for the development of a mixed-use complex with 203 residential units and 354 m2 of commercial space. Subdivision and form and character Development Permit applications have also been submitted.
Rezoning for 170 homes
260 m away · 2022 · under review · 20224 86 Avenue
Rezone property from Suburban Residential Zone (SR-2) to a Comprehensive Development Zone for the development of a mixed use building with 3,632 m2 of commercial and office space and a residential development with 170 apartment units. Form and character and GHG Development Permit applications have also been submitted.
Rezoning for a 6 storey building
290 m away · 2023 · under review · 8400 Block of 202B Street
Amend the Carvolth Neighbourhood Plan to rezone property from Suburban Residential Zone (SR-2) to Comprehensive Development Zone for the development of a 6 storey apartment building with two levels of underground parking.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: Township of Langley development activity.