Property Type: Condo / ApartmentOwnership: Strata

101 20245 53 AVENUE

Langley, BC V3A2V2

$548,000

2 bed2 bath1 parking1,068 sqftBuilt 1994
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Amenities

Gym

Also listed: Laundry - In Suite, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$409/mo
Annual property tax
$2,760.3 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3139836
Listed
June 25, 2026
Time on market
On the market for 67 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.

Description

Here is the perfect condo for you at Metro One!. It's got a gorgeous ground-level patio and gardens, perfect for entertaining. This two-bedroom, two-bathroom condo is bright and spacious, with recent updates like fresh paint, new flooring, a custom kitchen with quartz countertops, modern lighting, stylish mirrors, in-suite laundry and storage, and a built-in china cabinet and primary bedroom closets. Plus, there's a cozy gas fireplace for a warm and inviting atmosphere. The building is well-managed, pet-friendly, and rental-friendly, and you'll also have access to a gym. It's conveniently located near Nicomekl Elementary, shopping, parks, and transit. There's even extra parking available for rent. Don't miss out on this amazing opportunity! Open House July 4th 1:00 to 3:00 PM (id:63159)

Values & Trends

This listing

$513/sqft

Building average

No other active listings in this building

Langley average

$635/sqft

423 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Langley

Monthly figures from the Fraser Valley Real Estate Board for Langley apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$534,200

Jul 2026

Average Sale Price

$529,788

Jul 2026

Monthly Sales

64

Jul 2026

Active Listings

409

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$639,200
$505,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Clear

14°C

Clear

Humidity 87%

Wind S calm km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

161,566

(2021 Census)

+12.8% since 2016

Density: 509/km²

Dwellings: 62,282

Median household income: $102,443

After-tax: $89,518

Immigrant population: 22.9%

Top countries of origin (% of total population)

  • Korea, South2.7% · 4,325
  • India2.6% · 4,225
  • United Kingdom2.3% · 3,755
  • China1.9% · 3,090
  • Philippines1.7% · 2,755
  • United States of America1% · 1,550
  • Viet Nam0.7% · 1,065
  • Germany0.6% · 965

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Nicomekl ElementaryElementary426 m
Douglas Park CommunityElementary690 m
Blacklock Fine Arts ElementaryElementary861 m
H D Stafford MiddleMiddle970 m
Whytecliff Agile Learning Centre-Langley(Independent)Elementary1.0 km
Simonds ElementaryElementary1.1 km
Alice Brown ElementaryElementary1.8 km
Uplands ElementaryElementary1.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound 53 Ave @ 203 St71 m
Westbound 53 Ave @ 201A St153 m
Northbound 203 St @ 53 Ave162 m
Southbound 203 St @ 53 Ave164 m
Eastbound 53 Ave @ 201A St164 m

Nearby Places

Restaurants (5+)

  • Langley Vietnamese Cuisine · 5521 203 Street462 m
  • Silver Dragon Restaurant584 m
  • Ustaad G76 · 20296 56 Avenue614 m
  • Jim's Pizzeria · 20199 56 Avenue643 m
  • Andreas Restaurant · 20227 56 Avenue646 m

Cafes (3)

  • Tim Hortons · 20300 Douglas Crescent551 m
  • Red Velvet Cafe712 m
  • Projekt + Blend · 20436 Fraser Highway769 m

Grocery (5+)

  • Michael's nofrills540 m
  • Saigon City Market585 m
  • Pinoy Spot · 20454 Fraser Highway776 m
  • Holland Shopping Centre · 20234 Fraser Highway778 m
  • Periska Foods · 20456 Fraser Highway778 m

Parks (5+)

  • Unnamed363 m
  • Portage Park405 m
  • Michaud Park462 m
  • Linwood Park466 m
  • Nicomekl Floodplain557 m

Shopping (2)

  • Langley Mall · 5501 204 Street478 m
  • M.E. Plaza762 m

Gyms (2)

  • Planet Fitness502 m
  • Brand Fitness · 20236 Fraser Highway761 m

Pharmacies (2)

  • PharmaChoice524 m
  • Community Pharmacy585 m

Banks & ATMs (1)

  • TD Canada Trust493 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$438,400.00
Periodic payment — Principal & Interest (monthly)$2,828.41
Additional monthly expenses (strata, tax, utilities, etc.)$692.03
Total monthly cost$3,520.43
Interest paid over 5-yr term$125,646.70
Balance at end of term$394,342.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,800
Stress test qualifying rate8.09%
Payment you must qualify for$3,984.78

Cash Needed at Closing

Minimum down payment$29,800
Estimated BC PTT$8,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,260

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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