Property Type: TownhouseOwnership: Strata

31 19760 55 AVENUE

Langley, BC V3A0L1

$789,999

3 bed3 bath2 parking1,493 sqftBuilt 2021
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Amenities

Also listed: Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$386/mo
Annual property tax
$3,478.95 (2026)

Interior

Basement
None, Unknown
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View, View (panoramic)

Parking

Total spaces
2 — uncovered indicated
Features
Tandem, Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

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

Listing Information

MLS®
R3138852
Listed
June 23, 2026
Time on market
On the market for 69 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Saba Realty Ltd. · Data source: CREA DDF.

Description

Welcome to The Terraces 3- an exceptionally designed, family-friendly community in the heart of Langley City. This bright end-unit townhouse offers 3 bedrooms, 3 baths and open-concept living with large windows that fill the home with natural light. The modern kitchen features stainless steel appliances, contemporary cabinetry and ample counter space. Built-in A/C provides year-round comfort. Enjoy a 600 sq ft private rooftop deck with mountain views - perfect for relaxing or entertaining. Close to schools, parks, shopping, restaurants, recreation and a short drive to the upcoming Langley SkyTrain extension. (id:63159)

Values & Trends

This listing

$529/sqft

Building average

$555/sqft

1 active listing(s)

Langley average

$528/sqft

252 active listing(s)

Parking: 2 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.

Townhouse Market Stats — Langley

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

MLS® HPI Benchmark Price

$811,400

Jul 2026

Average Sale Price

$825,259

Jul 2026

Monthly Sales

83

Jul 2026

Active Listings

281

Jul 2026

Sales-to-Active Ratio

30.0%

Jul 2026

Median Days to Contract

17 days

Jul 2026

MLS® HPI Benchmark Price

$947,700
$742,700
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

22

3/9 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 ElementaryElementary749 m
Latimer Road ElementaryElementary1.5 km
Douglas Park CommunityElementary1.6 km
Simonds ElementaryElementary1.7 km
Whytecliff Agile Learning Centre-Langley(Independent)Elementary1.7 km
H D Stafford MiddleMiddle1.8 km
Blacklock Fine Arts ElementaryElementary1.9 km
Alice Brown ElementaryElementary2.1 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 56 Ave @ Production Way287 m
Westbound 56 Ave @ 198 St327 m
Westbound 56 Ave @ Production Way327 m
Eastbound 56 Ave @ 198 St344 m
Southbound 196 St @ 56 Ave402 m

Nearby Places

Cafes (2)

  • Gossip Corner Cafe479 m
  • Corner Cafe · 19415 56 Avenue791 m

Parks (2)

  • Brydon Park155 m
  • Linwood Park741 m

Gyms (1)

  • Pro-Speed Advantage757 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Other Listings in This Building

Other units currently listed in the same building. 31 19760 55 AVENUE

View building profile →
Built 2021

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($54,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$631,999.00
Periodic payment — Principal & Interest (monthly)$4,077.44
Additional monthly expenses (strata, tax, utilities, etc.)$750.89
Total monthly cost$4,828.34
Interest paid over 5-yr term$181,132.73
Balance at end of term$568,485.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,659.58

Cash Needed at Closing

Minimum down payment$54,000
Estimated BC PTT$13,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,300

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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