Property Type: Condo / ApartmentOwnership: Strata

408 20237 54 AVENUE

Langley, BC V3A3W2

$579,000

2 bed2 bath2 parking1,013 sqftBuilt 1998
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Amenities

Also listed: Storage - Locker, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$488/mo
Annual property tax
$3,174.78 (2026)

Interior

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

Exterior & Lot

View
City view

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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®
R3150382
Listed
July 28, 2026
Time on market
On the market for 34 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

Rare corner penthouse with soaring 15-ft vaulted ceilings and an impressive wall of windows creating an airy, light-filled living space. This beautifully updated 1,013 sq.ft. 2 bed, 2 bath home offers an ideal split-bedroom layout and an entertainer's dream kitchen centred around a custom 6.5' x 3.5' butcher block island. Features include stainless steel appliances, updated baths, skylights, crown moulding, designer lighting, gas fireplace, laminate flooring, 2 secure parking stalls and storage locker. Situated in an exceptionally maintained building with a new metal roof on a quiet tree-lined street, just steps to parks, shopping, transit and the future SkyTrain. (id:63159)

Values & Trends

This listing

$572/sqft

Building average

$463/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
Nicomekl ElementaryElementary549 m
Douglas Park CommunityElementary624 m
Whytecliff Agile Learning Centre-Langley(Independent)Elementary871 m
Blacklock Fine Arts ElementaryElementary942 m
H D Stafford MiddleMiddle1.2 km
Simonds ElementaryElementary1.4 km
Alice Brown ElementaryElementary2.0 km
Uplands 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
Southbound 203 St @ 54 Ave135 m
Northbound 203 St @ 54 Ave135 m
Northbound 203 St @ 53 Ave205 m
Southbound 203 St @ Michaud Cres223 m
Westbound Michaud Cres @ 201A St239 m

Nearby Places

Restaurants (5+)

  • Langley Vietnamese Cuisine · 5521 203 Street250 m
  • Silver Dragon Restaurant367 m
  • Ustaad G76 · 20296 56 Avenue399 m
  • Susie Q's Drive Thru · 20299 56 Avenue429 m
  • Andreas Restaurant · 20227 56 Avenue431 m

Cafes (5+)

  • Tim Hortons · 20300 Douglas Crescent338 m
  • Red Velvet Cafe549 m
  • Projekt + Blend · 20436 Fraser Highway590 m
  • Starbucks · 20151 Fraser Highway635 m
  • Cozy Bean Bakery · 20493 Fraser Highway660 m

Grocery (5+)

  • Michael's nofrills382 m
  • Saigon City Market385 m
  • Holland Shopping Centre · 20234 Fraser Highway561 m
  • Pinoy Spot · 20454 Fraser Highway600 m
  • Periska Foods · 20456 Fraser Highway603 m

Parks (5+)

  • Michaud Park249 m
  • Linwood Park328 m
  • Portage Park565 m
  • Unnamed568 m
  • Douglas Park607 m

Shopping (4)

  • Langley Mall · 5501 204 Street304 m
  • M.E. Plaza547 m
  • Unnamed681 m
  • Rainbow Mall769 m

Gyms (3)

  • Planet Fitness329 m
  • Brand Fitness · 20236 Fraser Highway545 m
  • Evolution Pilates & Yoga Studio's Ltd · 20457 Fraser Highway634 m

Pharmacies (4)

  • PharmaChoice361 m
  • Community Pharmacy367 m
  • FRASE℞ MEDICINE CENTRE PHARMACY · 20200 Fraser Highway601 m
  • Shoppers Drug Mart689 m

Banks & ATMs (5+)

  • TD Canada Trust308 m
  • Memory Express - Langley - Bitcoin Well ATM · 20202 Fraser Highway594 m
  • Cash Money645 m
  • Unnamed669 m
  • Scotiabank · 20151 Fraser Highway673 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Other Listings in This Building

Other units currently listed in the same building. 408 20237 54 AVENUE

View building profile →
Built 1997

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,200.00
Periodic payment — Principal & Interest (monthly)$2,988.41
Additional monthly expenses (strata, tax, utilities, etc.)$803.17
Total monthly cost$3,791.57
Interest paid over 5-yr term$132,754.45
Balance at end of term$416,649.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,199.32

Cash Needed at Closing

Minimum down payment$32,900
Estimated BC PTT$9,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,980

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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