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$845,000

24 20788 87 AVENUE

Langley · MLS® R3147192

4 bed · 3 bath · 2,191 sq ft · 2 parking

Townhouse · Single Family · built 1997 · 83 days on market

Listed by Richard Jubao Yu, Sutton Group-West Coast Realty

Welcome to Kensington Village Estates by RWD Homes! This beautifully maintained and charming townhome boasts a south-facing backyard and balcony-perfect for BBQs, sunbathing, and enjoying the outdoors. The main floor features a primary bedroom with a cheater ensuite, while three additional bedrooms (two upstairs and one in the basement) make this home ideal for a growing family. Thoughtful upgrades throughout include rich hardwood floors, a stunning granite staircase, a galley-style kitchen with extended counters, added cabinetry, and a convenient pass-through to the dining area. You'll also find Tiffany-style light fixtures and a cozy eating nook for relaxed mornings. The spacious living and dining room is centered around a gas fireplace with thermostat control, and glass sliders open

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,191 sq ft
Parking: 2
Year built: 1997
Property tax: $3,064 / yr
Strata fee: $639 / mo ($0.29 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 83
MLS®: R3147192

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

Below typical for the area (-26%)

Price per sq ft: $386 vs $518 median for townhouses in Langley for sale (245)

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
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

On market 83 days

Listed now: 35 days; median for 245 townhouses for sale; this one 83 days

Townhouses 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.

$4,575/mo

Mortgage $3,682 · Tax $255 · Strata $639

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

estimated payment

$3,682/ monthly

loan $676,000

25-year amortization

down payment20% · $169,00020%+ 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: $428,475
property transfer tax: $14,900; BC general rate
cash to close: $183,900; down + PTT
total paid: $1,104,475

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: $2,216/mo
After all costs: −$2,712/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,682 · tax $255 · strata $639 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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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