103 7947 209 Street

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

rent

$2,620/mo

after all costs

−$2,627/mo

cap rate

2.0%

yearly net rent ÷ price

Costs: mortgage $4,176 · tax $304 · strata $383 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Langley: CMHC's average there ($2,216) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% 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.

• Development permit for a 6 storey, 110 unit building

  320 m away · 2022 · under review · 20700 Block of 80 Avenue

  Development Permit application to facilitate development of a 6-storey building containing a total of 110 apartments and 1,141.71 m² (12,289.31 ft²) of ground floor commercial space.

• Development permit for a 6 storey building

  350 m away · 2026 · under review · 7980 206A Street

  The applicant has applied for a minor development permit amendment to convert 393 m2 (4,231 ft2) of parking area to three commercial units on the ground floor at the southeast corner of a 6-storey mixed use building and to relocate the landscape screen.

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.

listed now

41 days

median for 231 townhouses for sale; this one listed today

Townhouses in Langley. Sale prices register 1 to 3 months after a sale closes.

the building's lot: 22,079 m² (237,656 sq ft) · PID 030-811-961. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.