101 20976 56 Ave, Langley BC - Apartment/Condo for Sale - MLS# R3116550

124 days on the market
$439,000
Est. Mortgage $1,942/mo
Listing updated:
EstateBlock checked:
Riverwalk
2 Beds
2 Baths
1016 sqft
432 $ /sqft
422.02 $ Maint. fee
1992 built
10.4% price reduction
124 days on the market
$439,000
$489,900
Est. $1,942/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 101 20976 56 Avenue

10.4% price reduction

"Riverwalk" in Langley 2 Bed, 2 Bath 1,016 sqft condo. Additional living space on the 145 sqft covered balcony including a natural gas hookup for your BBQ. This unit is not at ground level. Open layout w/ a cozy gas fireplace in the living room. Gas & hot water included in your strata fees. Includes in-suite laundry, storage locker and 1 parking. Additional parking available plus visitor parking. Pet restriction allows for 1 cat, sorry no dogs. This is a non-smoking building. Building updates completed in 2021; new siding, high efficiency windows, sliding doors & resurfaced decks. Transit located across the street & within walking distance to the new SkyTrain station. Also walkable to groceries, restaurants, coffee shops, parks, walking trails & schools, including Kwantlen.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Storage
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $439,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1016
Year Built 1992
Age Of Building 34
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Name Riverwalk
Ownership Type Freehold Strata
Maintenance Fee $422.02
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Underground, Guest, Front Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed,Smoking Restrictions
Pet Restrictions Cats OK, No Dogs, Number Limit (One), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 42

Lot & Land

MLS® # R3116550
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 7Z2
Gross Taxes $2,795.86
Zoning MF

Property Timeline

Status Date Price
R3116550 / Active 05-05-2026 $439,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'3' x 13'3' ft
Main Level Dining Room 9' x 9' ft
Main Level Kitchen 10'2 x 10'2 ft
Main Level Primary Bedroom 11'3 x 11'3 ft
Main Level Walk-In Closet 4'5 x 4'5 ft
Main Level Bedroom 12'3 x 12'3 ft
Main Level Foyer 4' x 4' ft
Main Level Laundry 3' x 3' ft
Main Level Patio 15' x 15' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Century 21 Coastal Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Langley Secondary School
Average 0.79 km 5.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Whytecliff Agile Learning Centre-Langley
Average 0.84 km 4.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 2 km 8.4/10

Closest Transit

Bus Stop
Eastbound 56 Ave @ Langley Bypass
0.02 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
1.32 km

Crime Rate

Total Crime Rate
High
Violent Crime Rate
Above Average
Property Crime Rate
High

Demographics

Post-Secondary Education
Below Average 12.5%
No Certificate/Degree
Above Average 22.1%
Owner Occupied
Average 69.2%
Employment Rate
Below Average 53.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Possible
Close to Cemeteries
Unlikely

Sell Speed & Competition

64 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $466,218
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Possible — flood zone
Railway / Skytrain noise
Unlikely — 1.32 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How LANGLEY CITY compares
This property
124 DOM
Listed
Langley City avg
Langley avg

101 20976 56 Avenue has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.2% below comparable active properties in Langley City, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 14.1% — conditions are balanced. With only 455 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3A 7Z2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3A 7Z2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Elevated Risk

Located within a designated flood hazard area. Higher likelihood of localized high-water events over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~5.1 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - City currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (23 nearby)

  • Subway · 308 m · Fast Food
  • Golden river · 313 m · Restaurant
  • Freshii · 350 m · Restaurant

Shopping (19 nearby)

  • Great clips · 334 m · Hairdresser
  • Prospera credit union · 382 m · Bank
  • Kim's coin laundry · 617 m · Laundry

Cafes (8 nearby)

  • Cafe coffee day · 649 m · Cafe
  • Coastal coffee house · 720 m · Cafe
  • Twins coffee · 812 m · Cafe

Groceries (6 nearby)

  • Kpu brew lab beer sales · 720 m · Beverages
  • Am market & convenience store · 753 m · Convenience
  • Farm country beer store · 783 m · Beverages

Healthcare (3 nearby)

  • I.d.a. · 648 m · Healthcare
  • Pharmasave · 692 m · Healthcare
  • Glover medicine centre · 743 m · Healthcare

Gyms (1 nearby)

  • Canlan ice sports langley twin rinks · 196 m · Gym

Transit (1 nearby)

  • Bus stop langley centre @ bay 6 · 1000 m · Transit

Schools NearBy

21 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Douglas Park Community

Public

Grades Served

Catchment Info

5.3 / 10

Distance

717 m

Langley Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
5.2 / 10

Distance

786 m

Whytecliff Agile Learning Centre-Langley

Independent

Grades Served

Catchment Info

4.4 / 10

Distance

838 m

Blacklock Fine Arts Elementary School

Public

Grades Served

K-5

Catchment Info

5.5 / 10

Distance

1.17 KM

des Voyageurs

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.34 KM

Choices Program

Public

Grades Served

Catchment Info

4.1 / 10

Distance

1.36 KM

James Hill Elementary

Public

Grades Served

Catchment Info

7.2 / 10

Distance

1.46 KM

U-Connect

Public

Grades Served

Catchment Info

5.4 / 10

Distance

1.83 KM

Nicomekl Elementary School

Public

Grades Served

K-5

Catchment Info

4.7 / 10

Distance

1.99 KM

Langley Fundamental Elementary School

Public

Grades Served

K-5

Catchment Info

7.0 / 10

Distance

1.99 KM

Credo Christian Schools

Independent

Grades Served

K-12

Catchment Info

7.8 / 10

Distance

2.00 KM

H D Stafford Middle

Public

Grades Served

Catchment Info

2.5 / 10

Distance

2.17 KM

Simonds Elementary School

Public

Grades Served

K-5

Catchment Info

3.2 / 10

Distance

2.36 KM

Fraser Valley School

Independent

Grades Served

Catchment Info

5.9 / 10

Distance

2.37 KM

Uplands Elementary School

Public

Grades Served

K-6

Catchment Info

6.4 / 10

Distance

2.40 KM

Focus Alternate

Public

Grades Served

Catchment Info

1.7 / 10

Distance

2.43 KM

Murrayville Academy

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

2.48 KM

OneSchool Global Vancouver

Independent

Grades Served

Catchment Info

0

Distance

2.51 KM

COMPASS Christian Langley (Glover Rd.)

Independent

Grades Served

Catchment Info

0

Distance

2.88 KM

Langley Meadows Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.91 KM

Langley Fundamental Middle/Secondary School

Public

Grades Served

6-12

Catchment Info

7.5 / 10

Distance

2.98 KM

Walkability & Transit Near 101 20976 56 Avenue

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
73

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 101 20976 56 Avenue

/month
Principal & Interest
Property Taxes $233
Maintenance fee 422.02
Based on a 30-year fixed at 4% interest with 20% down ($87,800), the estimated monthly payment for this listing is $2,332/month — $1,677 principal & interest, $233 property tax, $422 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $1,718/month, this property runs a $665/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 101 20976 56 Avenue, Langley

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Langley City, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $439,000
Langley Loading...
Langley City Loading...

Based on 68 comparable active apartments/condos in Langley City, the average asking price is $467,788. This listing is priced 6.2% below the neighbourhood average. This property is flagged as a Hot Deal (10.4% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 101 20976 56 Avenue

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
73

Bike Score - Very Bikeable

Biking is convenient for most trips

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