Condo
$499,900
30% less per sq ft105 20240 54A AVENUE
Langley15 days on market
2 bd2 ba1,133 sq ft
MLS® R31683591 / 40
$399,900
205 5360 205 STREET
Langley · MLS® R3169538
2 bed · 2 bath · 1,211 sq ft · 1 parking
Condo · Single Family · built 1988 · 12 days on market
Listed by Rhonda Wolfram, RE/MAX Treeland Realty
Realtor's description
Welcome to this 1,211 sq. ft. condo in sought-after Parkway Estates, featuring two bedrooms, two bathrooms, & tastefully updated with NEW CARPET and FRESH PAINT. In this secure 55+ community, only one occupant must be 55 or older. Enjoy a welcoming atmosphere, an active social calendar, and open living and dining areas with a corner fireplace and covered balcony. The spacious primary bedroom includes a walk-in closet and 3-piece ensuite, while the main bathroom features an updated shower. The generous floor plan offers ample storage, including a flexible den or storage room and a same-floor storage locker just steps away. Amenities include an activity room with a full kitchen, exercise room, library, workshop, guest suite, and more. Strata fees include ELECTRICITY, GAS, and HOT WATER. The well-maintained complex is supported by a proactive strata and is quietly located minutes from downtown Langley, shops, the Seniors Centre, library, trails, and transit. Affordable living with quick possession available!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,211 sq ft
- Parking
- 1
- Year built
- 1988
- Property tax
- $1,830 / yr
- Strata fee
- $549 / mo ($0.45 / sq ft)
- Strata rules
- Pets not Allowed, Rentals Allowed, Age Restrictions
- Days on market
- 12
- MLS®
- R3169538
Features
- No Smoking Home
- Pets not Allowed
- Rentals Allowed
- Age Restrictions
- Washer
- Refrigerator
Floor plans
Found among the listing photos.
Monthly cost
$2,444/mo
Mortgage $1,742 · Tax $152 · Strata $549
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $2,203/mo
- After all costs
- −$452/mo
- Cap rate
- 3.9%
- yearly net rent ÷ price
Costs: mortgage $1,742 · tax $152 · strata $549 · 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
LangleyGoogle Maps ↗
Schools
Catchment schools, Langley School District 35
- Elementary Douglas Park Elementaryhomes in this catchment
100 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
1.9 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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