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$420,000

204 20350 54 AVENUE

Langley · MLS® R3163974

2 bed · 2 bath · 986 sq ft · 1 parking

Condo · Single Family · built 1993 · 26 days on market

Listed by Garry Voigt, Royal LePage - Wolstencroft

Welcome to Coventry Gate! This bright and spacious 2 bed, 2 bath CORNER unit is filled with natural light from the many extra windows throughout! The functional galley kitchen opens to the dining area & a large living room which features a gas fireplace - a great space for entertaining! Step outside to your huge west-facing private patio overlooking a peaceful greenspace & mature trees - a perfect place to relax & unwind. The spacious primary bedroom offers double closets, a full ensuite & patio access. There's a good-sized second bedroom, which also has access to the patio, as well as a bathroom conveniently located right across the hall. This home is ideally located in a very walkable area, just steps to transit, walking trails, Langley Market Mall, grocery shopping, restaurants & more!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 986 sq ft
Parking: 1
Year built: 1993
Property tax: $2,879 / yr
Strata fee: $574 / mo ($0.58 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 26
MLS®: R3163974

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

Below typical for the area (-32%)

2026 assessment: $491,000 · asking is -14%
Price per sq ft: $426 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
Dishwasher
Stove
Dryer

On market 26 days

Listed now: 49 days; median for 384 condos for sale; this one 26 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 Douglas Park Elementaryhomes in this catchment
400 m away · 5409 206 St, Langley · 604-533-4491
Middle H.D. Stafford Middlehomes in this catchment
1.1 km away · 20441 Grade Cres, Langley · 604-534-9285
Secondary Langley Secondaryhomes in this catchment
2.2 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.

$2,644/mo

Mortgage $1,830 · Tax $240 · Strata $574

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

estimated payment

$1,830/ monthly

loan $336,000

25-year amortization

down payment20% · $84,00020%+ 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: $212,970
property transfer tax: $6,400; BC general rate
cash to close: $90,400; down + PTT
total paid: $548,970

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: −$652/mo
Cap rate: 3.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,830 · tax $240 · strata $574 · 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

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