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$419,900

108 20189 54 AVENUE

Langley · MLS® R3166734

2 bed · 2 bath · 950 sq ft · 2 parking

Condo · Single Family · built 1994 · 22 days on market

Listed by Scott Leaf, Royal LePage Elite West

Realtor's description

Large 950 sq ft, ground level apartment on the quiet side, with street access. 2 Bedroom apartment, with 2 full sized, 4 piece Bathrooms. There is a cozy corner gas fireplace in this big open plan condo apartment. The bedrooms are very large and will easily accommodate a King Bed. Catalina Gardens has a fully Rain Screened exterior and is clad in cement board and brick to give you long lasting building envelope confidence. The building is currently finishing up a complete re-piping project. This home comes with a large storage locker and 2 parking spots. Pet friendly, One Dog and or One Cat allowed, no size restrictions. Located close to shopping, recreation, everything you need including the under construction, coming soon, SkyTrain in Langley City.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 950 sq ft
Parking: 2
Year built: 1994
Property tax: $3,183 / yr
Strata fee: $428 / mo ($0.45 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 22
MLS®: R3166734

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

Features

No Smoking Home
Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Central Vacuum

Price check

Below typical for the area (-30%)

2026 assessment: $463,000 · asking is -9.3%
Price per sq ft: $442 vs $630 median for condos in Langley for sale (375)

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.

Property insights

On market 22 days · no price changes so far

The market here

Listed now: 50 days; median for 394 condos for sale; this one 22 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$463,000	$1,675
2025	$480,000	$1,608

Estimated tax up 4.2% from 2025 to 2026.

The listing shows $3,183 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.

Monthly cost

$2,523/mo

Mortgage $1,829 · Tax $265 · Strata $428

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

estimated payment

$1,829/ monthly

loan $335,920

25-year amortization

down payment20% · $83,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $212,919
property transfer tax: $6,398; BC general rate
cash to close: $90,378; down + PTT
total paid: $548,839

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.

If you rented it out

Rent: $2,203/mo
After all costs: −$531/mo
Cap rate: 3.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,829 · tax $265 · strata $428 · 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

Location

The building's lot: 3,493 m² (37,598 sq ft) · PID 019-073-879. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

LangleyGoogle Maps ↗

Location

LangleyGoogle Maps ↗

Schools

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
1.2 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.

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