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$849,900

313 20655 88 AVENUE

Langley · MLS® R3098097

2 bed · 2 bath · 1,446 sq ft · 2 parking

Townhouse · Single Family · built 1993 · 210 days on market

Listed by Karen Ralph, One Percent Realty Ltd.

Twin Lakes 1446 sf end unit rancher in the gated 55+ complex. This unit overlooks the pond for natural beauty. Spacious primary bedroom located at the back of the home with a walk in closet and ensuite with 2 basins huge showers! Another large bedroom located at the front of the home and 3 piece main bathroom. Laundry area. Formal dining rm/living rm w/gas fireplace and vaulted ceilings. Beautiful white kitchen w/lots of cabinets & counterspace w/a big eating area and family room w/access to your back patio with raised veggie gardens. Laminate, tile, baseboards, updated 2" blinds, neutral paint. Updated plumbing in the walls! In floor radiant heat. Double garage. Great amenities - clubhouse, exercise area, pool, hot tub. Close to shopping, transit, trails.

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,446 sq ft
Parking: 2
Year built: 1993
Property tax: $2,961 / yr
Strata fee: $454 / mo ($0.31 / sq ft)
Strata rules: Pets Allowed With Restrictions, Age Restrictions
Days on market: 210
MLS®: R3098097

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

Above typical for the area (+13%)

Price per sq ft: $588 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
Age Restrictions
Washer
Refrigerator
Dishwasher
Stove

On market 210 days

Listed now: 35 days; median for 245 townhouses for sale; this one 210 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 Maps can be out of date or miss a lot line; confirm with the municipality.

$4,404/mo

Mortgage $3,703 · Tax $247 · Strata $454

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

estimated payment

$3,703/ monthly

loan $679,920

25-year amortization

down payment20% · $169,98020%+ 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: $430,960
property transfer tax: $14,998; BC general rate
cash to close: $184,978; down + PTT
total paid: $1,110,880

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: −$2,552/mo
Cap rate: 1.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,703 · tax $247 · strata $454 · insurance ~$175 · 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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