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$799,999

328 20655 88 AVENUE

Langley · MLS® R3152557

All units at 20655 88 Ave →

2 bed · 2 bath · 1,292 sq ft · 1 parking

Townhouse · Single Family · built 1993 · 64 days on market

Listed by Curtis Zaklan, Homelife Benchmark Realty Corp.

Realtor's description

Welcome to Twin Lakes, a gated and secure sanctuary offering unparalleled peace and privacy. This meticulously maintained 2-bed, 2-bath home features a fresh interior with newly painted walls and a spotless, freshly painted garage. The second bedroom includes a convenient built-in Murphy bed, perfect for a home office or guest suite. Recent technical upgrades include a new boiler (2024) and radiant heating lines deep-cleaned this winter. Appliances are in pristine condition due to light use. Enjoy a private backyard overlooking a serene green belt with scenic walking paths. The complex boasts a vibrant community, an outdoor pool (May-Oct), and an exercise area. Includes one garage stall plus an exterior spot. Quiet, safe, and move-in ready!

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,292 sq ft
Parking: 1
Year built: 1993
Property tax: $2,901 / yr
Strata fee: $401 / mo ($0.31 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions, Age Restrictions
Days on market: 64
MLS®: R3152557

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

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Age Restrictions

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+20%)

2026 assessment: $802,000 · asking is -0.2%
Price per sq ft: $619 vs $516 median for townhouses in Langley for sale (240)

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 64 days · no price changes so far

The market here

Listed now: 35 days; median for 244 townhouses for sale; this one 64 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$802,000	$2,901

The listing shows $2,901 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

$4,128/mo

Mortgage $3,486 · Tax $242 · Strata $401

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

estimated payment

$3,486/ monthly

loan $639,999

25-year amortization

down payment20% · $160,00020%+ 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: $405,656
property transfer tax: $14,000; BC general rate
cash to close: $174,000; down + PTT
total paid: $1,045,656

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: −$2,276/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,486 · tax $242 · strata $401 · 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

Location

The building's lot: 36,083 m² (388,394 sq ft) · PID 018-279-562. 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 Gordon Greenwood Elementaryhomes in this catchment
700 m away · 9175 206 St, Langley · 604-882-0114
Secondary Walnut Grove Secondaryhomes in this catchment
600 m away · 8919 Walnut Grove Dr, Langley · 604-882-0220

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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