Property Type: Condo / ApartmentOwnership: Strata

401 20281 53A AVENUE

Langley, BC V3A3V6

$699,999

2 bed2 bath2 parking1,193 sqftBuilt 2007
Get Directions

Amenities

Also listed: Storage - Locker, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$488/mo
Annual property tax
$2,214.21 (2026)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Radiant heat, Electric
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Underground, 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®
R3151435
Listed
July 30, 2026
Time on market
On the market for 32 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Lions Gate Realty Ltd. · Data source: CREA DDF.

Description

Must-See Top Floor Corner Penthouse at Gibbons Layne! Bright, freshly painted and move-in ready, this stunning 2-bedroom, 2-bath corner penthouse features 9' ceilings, an open-concept layout, and oversized windows that flood the home with natural light. Bedrooms are thoughtfully separated for added privacy. The spacious kitchen offers stainless steel appliances, an upgraded dishwasher, ample storage, and smart home features including thermostats, switches, and keyless entry. Relax or entertain on the large northwest-facing wraparound deck. Separate laundry with extra storage. Well-maintained building with updated boilers, retaining walls, and landscaping. Prime Langley City location close to shopping, restaurants, parks, schools, transit, and the future SkyTrain. (id:63159)

Values & Trends

This listing

$587/sqft

Building average

$595/sqft

1 active listing(s)

Langley average

$635/sqft

423 active listing(s)

Parking: 2 stall(s) includedStorage locker: Included

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

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

59

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
Douglas Park CommunityElementary559 m
Nicomekl ElementaryElementary561 m
Blacklock Fine Arts ElementaryElementary813 m
Whytecliff Agile Learning Centre-Langley(Independent)Elementary898 m
H D Stafford MiddleMiddle1.0 km
Simonds ElementaryElementary1.3 km
Alice Brown ElementaryElementary1.9 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
Southbound 203 St @ 54 Ave53 m
Northbound 203 St @ 53 Ave67 m
Westbound 53 Ave @ 203 St135 m
Northbound 203 St @ 54 Ave139 m
Eastbound 53 Ave @ 203 St175 m

Nearby Places

Restaurants (5+)

  • Langley Vietnamese Cuisine · 5521 203 Street340 m
  • Silver Dragon Restaurant485 m
  • Ustaad G76 · 20296 56 Avenue495 m
  • Susie Q's Drive Thru · 20299 56 Avenue535 m
  • Andreas Restaurant · 20227 56 Avenue555 m

Cafes (5+)

  • Tim Hortons · 20300 Douglas Crescent429 m
  • Red Velvet Cafe564 m
  • Projekt + Blend · 20436 Fraser Highway624 m
  • Oldhand Coffee · 20528 Fraser Highway665 m
  • Cozy Bean Bakery · 20493 Fraser Highway679 m

Grocery (5+)

  • Michael's nofrills393 m
  • Saigon City Market521 m
  • Pinoy Spot · 20454 Fraser Highway631 m
  • Periska Foods · 20456 Fraser Highway632 m
  • Los Guerreros · 20489 Fraser Highway676 m

Parks (5+)

  • Michaud Park379 m
  • Portage Park427 m
  • Linwood Park459 m
  • Unnamed507 m
  • Douglas Park566 m

Shopping (4)

  • Langley Mall · 5501 204 Street334 m
  • M.E. Plaza672 m
  • St. Andrews Plaza · 20615 Fraser Highway795 m
  • Unnamed796 m

Gyms (3)

  • Planet Fitness357 m
  • Evolution Pilates & Yoga Studio's Ltd · 20457 Fraser Highway664 m
  • Brand Fitness · 20236 Fraser Highway667 m

Pharmacies (4)

  • PharmaChoice378 m
  • Community Pharmacy484 m
  • FRASE℞ MEDICINE CENTRE PHARMACY · 20200 Fraser Highway728 m
  • Pharmasave · 20644 Fraser Highway794 m

Banks & ATMs (5+)

  • TD Canada Trust352 m
  • Instacoin ATM717 m
  • Memory Express - Langley - Bitcoin Well ATM · 20202 Fraser Highway720 m
  • Unnamed739 m
  • Cash Money769 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Other Listings in This Building

Other units currently listed in the same building. 401 20281 53A AVENUE

View building profile →
Built 2007

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,999.00
Periodic payment — Principal & Interest (monthly)$3,612.92
Additional monthly expenses (strata, tax, utilities, etc.)$732.99
Total monthly cost$4,345.91
Interest paid over 5-yr term$160,497.32
Balance at end of term$503,720.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$45,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.71

Cash Needed at Closing

Minimum down payment$45,000
Estimated BC PTT$12,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,500

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.

Request more information