A214 19936 77 Avenue

rent

$2,030/mo

after all costs

−$299/mo

cap rate

4.5%

yearly net rent ÷ price

Costs: mortgage $1,914 · strata $218 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 1-bedroom in Langley: CMHC's average there ($1,765) raised by what new tenants pay against everyone in the Vancouver area, then down 1.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

• Rezoning for a 6 storey, 242 unit building

  60 m away · 2021 · under review · 7687 200 Street

  Amend the Latimer Neighbourhood Plan by increasing the density and increasing the maximum height of the proposed apartments from four to six storeys, and rezone property from Suburban Residential Zone SR-2 to a yet to be determined Comprehensive Development Zone to permit the development of 187 townhouse units and 242 apartment units. Subdivision and Multi-family, GHG, and Streamside Development P

• Rezoning for 212 homes

  190 m away · 2022 · under review · 19886 76 Avenue and 7588 198B Street

  Rezone properties from Suburban Residential Zone (SR-2) to a Comprehensive Development Zone CD-191 for the development of 212 apartment units and 2138m2 of commercial space. A Development Permit application has also been submitted.

• Rezoning for 79 homes

  340 m away · 2022 · under review · 19942 78B Avenue

  Application to rezone approximately 0.9 ha (2.23 ac) of land located at 19942 – 78B Avenue to Comprehensive Development Zone CD-216 to facilitate development of approximately 79 apartments, 133 hotel rooms and approximately 1,844.37 m² (19,852.58 ft²) of ground floor commercial space. Development permit and subdivision applications have also been submitted.

• Rezoning for 70 homes

  390 m away · 2018 · under review · 7536 200 Street and 7541 & 7591 202A Street

  July 2022 - Application updated to only include 7536 - 200 Street, 7541 and 7591 - 202A Street to amend the Latimer Neighbourhood Plan and rezone property from Suburban Residential Zone (SR-2) to Residential Compact Lot Zones (R-CL(A), R-CL(B), R-CL(RH) and R-CL(SD)) and Comprehensive Development Zone CD-173 for the development of 320 condominiums, 70 rental apartments, 14 single family lots, 12 s

• Rezoning for 42 homes

  370 m away · 2024 · under review · 7488 & 7510 198B Street

  Amend the Latimer Neighbourhood Plan to rezone property from Suburban Residential Zone SR-2 to a Comprehensive Development Zone for the development of 42 townhouse units.

And 5 smaller applications nearby.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: Township of Langley development activity.

listed now

50 days

median for 380 condos for sale; this one 16 days

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

the building's lot: 11,595 m² (124,807 sq ft) · PID 032-226-373. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.