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$529,000

118 20600 53A AVENUE

Langley · MLS® R3151579

2 bed · 2 bath · 1,550 sq ft · 1 parking

Condo · Single Family · built 1990 · 70 days on market

Listed by Jeremy Sutton, RE/MAX Treeland Realty

Realtor's description

6 MONTHS PRE-PAID STRATA! Largest suite in the building! This BEAUTIFULLY UPDATED 1,550 sq ft CORNER CONDO offers 2 bedrooms + den with spacious, sun-filled living in a prime 55+ community. MOVE-IN READY with new vinyl plank flooring, fresh paint throughout, and a redesigned ensuite featuring a 5-foot WALK-IN SHOWER. Plus, the building has new vinyl windows. Enjoy the rare oversized layout with generously sized rooms throughout, including a formal living/dining area, an expansive family room off the kitchen, and a bright breakfast area opening to a large covered deck overlooking the river & greenspace. The south- and west-facing suite is bathed in natural sunlight all day, located within an EASY WALK to the Senior Centre, shopping, recreation, and access to scenic trails!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,550 sq ft
Parking: 1
Year built: 1990
Property tax: $1,889 / yr
Strata fee: $906 / mo ($0.58 / sq ft)
Strata rules: Pets not Allowed, Rentals Allowed, Age Restrictions
Days on market: 70
MLS®: R3151579

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

Features

No Smoking Home
Pets not Allowed
Rentals Allowed
Age Restrictions
Washer
Refrigerator

Price check

2026 assessment: $538,000 · asking is -1.7%
Price per sq ft: $341 vs $631 median for condos in Langley for sale (376)

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 70 days · no price changes so far

The market here

Listed now: 50 days; median for 394 condos for sale; this one 70 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$538,000	$1,946

The listing shows $1,889 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

$3,368/mo

Mortgage $2,305 · Tax $157 · Strata $906

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

estimated payment

$2,305/ monthly

loan $423,200

25-year amortization

down payment20% · $105,80020%+ 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: $268,241
property transfer tax: $8,580; BC general rate
cash to close: $114,380; down + PTT
total paid: $691,441

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: −$1,376/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,305 · tax $157 · strata $906 · 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: 6,661 m² (71,698 sq ft) · PID 016-385-381. 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 Douglas Park Elementaryhomes in this catchment
200 m away · 5409 206 St, Langley · 604-533-4491
Middle H.D. Stafford Middlehomes in this catchment
1.0 km away · 20441 Grade Cres, Langley · 604-534-9285
Secondary Langley Secondaryhomes in this catchment
1.8 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.

Good to know

Floodplain
This address is within a designated floodplain on the provincial floodplain maps (Serpentine & Nicomekl Rivers). Local rules can set things like minimum floor heights; the municipality can confirm what applies.
Source: Province of BC, Mapped Floodplains in BC

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.

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