Property Type: Detached HouseOwnership: Freehold

20110 53 AVENUE

Langley, BC V3A3T9

$1,349,900

6 bed2 bath4 parking2,222 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
House
Lot size
6,240 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,943.58 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
4 — uncovered indicated
Features
None

Listing Information

MLS®
R3094354
Listed
February 28, 2026
Time on market
On the market for 185 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Real Estate Services · Data source: CREA DDF.

Description

Prime Development Opportunity, Builders and developers: seize this exceptional opportunity to acquire an income-producing property with Official Community Plan (OCP) designation for a proposed six-storey condominium development. Strategically located in a rapidly growing neighbourhood and within walking distance of the future Langley City Centre SkyTrain Station, this property offers outstanding long-term development potential. The site is designated for higher-density residential use, making it ideal for land assembly or a buy-and-hold while generating high, stable rental income. Surrounded by existing and upcoming multi-family developments, this area is poised to support the city's continued growth and urban transformation. Exceptional opportunity for developers/investors. (id:63159)

Values & Trends

This listing

$608/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 4 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.

Detached (House) Market Stats — Langley

Monthly figures from the Fraser Valley Real Estate Board for Langley detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,500,900

Jul 2026

Average Sale Price

$1,404,904

Jul 2026

Monthly Sales

79

Jul 2026

Active Listings

439

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

22 days

Jul 2026

MLS® HPI Benchmark Price

$1,875,100
$1,450,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 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

33

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 ElementaryElementary122 m
Douglas Park CommunityElementary1.0 km
H D Stafford MiddleMiddle1.1 km
Simonds ElementaryElementary1.1 km
Blacklock Fine Arts ElementaryElementary1.1 km
Whytecliff Agile Learning Centre-Langley(Independent)Elementary1.3 km
Alice Brown ElementaryElementary1.7 km
Uplands ElementaryElementary2.0 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
Eastbound 53 Ave @ 200 St147 m
Eastbound 53 Ave @ 201A St155 m
Westbound 53 Ave @ 201A St164 m
Northbound 200 St @ 53 Ave195 m
Southbound 200 St @ 53 Ave207 m

Nearby Places

Restaurants (5+)

  • Langley Vietnamese Cuisine · 5521 203 Street659 m
  • Unnamed · 20173 56 Avenue708 m
  • Silver Dragon Restaurant717 m
  • Jim's Pizzeria · 20199 56 Avenue720 m
  • Andreas Restaurant · 20227 56 Avenue753 m

Cafes (1)

  • Tim Hortons · 20300 Douglas Crescent740 m

Grocery (1)

  • Saigon City Market643 m

Parks (5+)

  • Unnamed293 m
  • Linwood Park438 m
  • Michaud Park586 m
  • Portage Park651 m
  • Sendall Gardens691 m

Shopping (1)

  • Langley Mall · 5501 204 Street731 m

Gyms (1)

  • Planet Fitness756 m

Pharmacies (2)

  • Community Pharmacy722 m
  • PharmaChoice787 m

Banks & ATMs (1)

  • TD Canada Trust735 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,079,920.00
Periodic payment — Principal & Interest (monthly)$6,967.28
Additional monthly expenses (strata, tax, utilities, etc.)$606.30
Total monthly cost$7,573.58
Interest paid over 5-yr term$309,508.18
Balance at end of term$971,391.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,534.47

Cash Needed at Closing

Minimum down payment$109,990
Estimated BC PTT$24,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,488

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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