1 / 32

$449,900

106 20200 54A AVENUE

Langley · MLS® R3125015

2 bed · 2 bath · 1,102 sq ft · 1 parking

Condo · Single Family · built 1996 · 140 days on market

Listed by Terry McManus, RE/MAX Colonial Pacific Realty

-----PRICE REDUCTION!!----- Open House Sat/Sun. Sept. 12th & 13th 3:30-5:00pm Spacious 2 bedroom, 2 bathroom ground-floor END UNIT for sale by original owner in the quiet and well-maintained Monterey Grande, offering 1,102 sq. ft. of comfortable living space. Enjoy the full size kitchen, gas fireplace and the convenience of ground-floor access, with 2 patios combining for almost 300 sq ft. more! Tons of storage too. Very secure underground parking, clubhouse, library, and bike room, while nature lovers will enjoy the nearby off-leash dog park. Ideally located close to shopping, transit, and everyday amenities, with the future SkyTrain expansion adding even more convenience and long-term value. Flexible possession dates available to accommodate the buyer's timeline.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,102 sq ft
Parking: 1
Year built: 1996
Property tax: $2,714 / yr
Strata fee: $534 / mo ($0.48 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 140
MLS®: R3125015

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-35%)

Price per sq ft: $408 vs $628 median for condos in Langley for sale (384)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Pets Allowed With Restrictions
Washer
Refrigerator
Intercom
Dishwasher
Stove

On market 140 days

Listed now: 49 days; median for 384 condos for sale; this one 140 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Langley School District 35

Elementary Nicomekl Elementaryhomes in this catchment
500 m away · 20050 53 Ave, Langley · 604-533-1468
Middle H.D. Stafford Middlehomes in this catchment
1.3 km away · 20441 Grade Cres, Langley · 604-534-9285
Secondary Langley Secondaryhomes in this catchment
2.5 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.

$2,721/mo

Mortgage $1,960 · Tax $226 · Strata $534

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,960/ monthly

loan $359,920

25-year amortization

down payment20% · $89,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $228,131
property transfer tax: $6,998; BC general rate
cash to close: $96,978; down + PTT
total paid: $588,051

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Rent: $2,203/mo
After all costs: −$729/mo
Cap rate: 3.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,960 · tax $226 · strata $534 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

LangleyGoogle Maps ↗