306 5020 221a Ave, Langley BC - Apartment/Condo for Sale - MLS# R3156065

3 days on the market
$474,900
Est. Mortgage $2,101/mo
Listing updated:
EstateBlock checked:
Murrayville House
1 Beds
1 Baths
638 sqft
744 $ /sqft
230.62 $ Maint. fee
2016 built
NEW
3 days on the market
$474,900
Est. $2,101/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 306 5020 221a Avenue

Welcome to Murrayville House! This immaculate 1 bedroom condo is walking distance to shops, restaurants and the Langley Hospital. This unit is turn-key ready and perfect for first time buyers, downsizers, and investors. Enjoy entertaining in the open concept floorplan with a beautiful gourmet white kitchen, stainless steel appliances, built-in closet organizers, laminate floors, crown molding, and a beautiful fireplace & mantle. Rentals and pets allowed, 1 parking stall & 1 storage locker.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Fireplace 1
Heating Type Electric
Laundry In Unit
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $474,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 638
Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Caretaker, Trash, Management, Recreation Facilities, Snow Removal
Building Name Murrayville House
Ownership Type Freehold Strata
Maintenance Fee $230.62
Amenities Nearby Exercise Centre, Caretaker, Trash, Management, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 92

Lot & Land

MLS® # R3156065
Area Langley
Neighbourhood Murrayville
City Langley
Postal Code V2Y 0V5
Gross Taxes $2,206.31
Zoning CD68

Property Timeline

Status Date Price
R3156065 / Active 08-17-2026 $474,900
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Kitchen 8'10 x 8'10 ft
Main Level Foyer 8'2 x 8'2 ft
Main Level Living Room 11'2 x 11'2 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Bedroom 10'6 x 10'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3

Listed by: Royal LePage - Wolstencroft

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 2.04 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, Secondary
Credo Christian Schools
Above Average 0.66 km 8.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 0.66 km 8.4/10

Closest Transit

Bus Stop
Eastbound 50 Ave @ 221A St
0.05 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
3.94 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average 18.3%
No Certificate/Degree
Above Average 16.3%
Owner Occupied
Below Average 54.5%
Employment Rate
Below Average 50.8%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

50 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $445,456
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.94 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MURRAYVILLE compares
This property
3 DOM
Listed
Murrayville avg
Langley avg

306 5020 221a Avenue has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.2% above comparable active properties in Murrayville. 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 V2Y 0V5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 0V5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langley Central, Langley (~3.1 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - District 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 (7 nearby)

  • A&w · 279 m · Fast Food
  • Panago · 286 m · Fast Food
  • Hitori japanese restaurant · 308 m · Restaurant

Shopping (2 nearby)

  • Murrayville · 124 m · Post Office
  • Courtesy cleaners · 501 m · Laundry

Cafes (2 nearby)

  • The joy of coffee · 351 m · Cafe
  • Tim hortons · 865 m · Cafe

Groceries (1 nearby)

  • Iga · 409 m · Supermarket

Transit (1 nearby)

  • Bus stop eastbound 46 ave @ 220 st · 956 m · Transit

Schools NearBy

10 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Credo Christian Schools

Independent

Grades Served

K-12

Catchment Info

7.8 / 10

Distance

658 m

Murrayville Academy

Independent

Grades Served

Catchment Info

6.4 / 10

Distance

731 m

Langley Fundamental Elementary School

Public

Grades Served

K-5

Catchment Info

7.0 / 10

Distance

777 m

des Voyageurs

Public

Grades Served

Catchment Info

6.9 / 10

Distance

1.33 KM

U-Connect

Public

Grades Served

Catchment Info

5.4 / 10

Distance

1.64 KM

James Hill Elementary

Public

Grades Served

Catchment Info

7.2 / 10

Distance

1.65 KM

Langley Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
5.2 / 10

Distance

2.04 KM

OneSchool Global Vancouver

Independent

Grades Served

Catchment Info

0

Distance

2.37 KM

Langley Fundamental Middle/Secondary School

Public

Grades Served

6-12

Catchment Info

7.5 / 10

Distance

2.54 KM

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.61 KM

Walkability & Transit Near 306 5020 221a Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 38

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 306 5020 221a Avenue

2026 assessed value, sourced from City of Langley open data (PID 029-991-498).
Total Assessed Value (2026)
$436,000
-0.7% YoY
-0.9%/yr over 2 yr
2024 Value Trend 2026
Land
$292,000
Buildings
$144,000
Year Built
N/A
Class
030
Zoning
CD-68
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $292,000 $144,000 $436,000
-0.7%
2025 $294,000 $145,000 $439,000
-1.1%
2024 $297,000 $147,000 $444,000

Mortgage Calculator for 306 5020 221a Avenue

/month
Principal & Interest
Property Taxes $184
Maintenance fee 230.62
With a 20% down payment, buyers can expect an estimated $2,229/month in total housing costs on this $474,900 property — $1,814 mortgage payment, $184 property tax, $231 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
Based on $1,858/month estimated rent and $2,284/month in total housing costs, this property has a -$425/month cashflow. Break-even down payment: approximately 39%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 306 5020 221a 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 — Murrayville, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $474,900
Langley Loading...
Murrayville Loading...

Based on 3 comparable active apartments/condos in Murrayville, the average asking price is $447,333. This listing is priced 6.2% above the neighbourhood average.

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $3,756
0 of 21 missions

Sign up on Estateblock.com

$188 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 306 5020 221a Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 38

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

Similar Condos for Sale in Murrayville

412 22136 49 Avenue, Langley, BC

$470,000

412 22136 49 Avenue, Langley, BC
1 Beds
1 Baths
578 sqft
2020 built
MLS® R3148109, Real Broker & Real Broker
221 22015 48 Avenue, Langley, BC

$449,900

221 22015 48 Avenue, Langley, BC
1 Beds
1 Baths
723 sqft
1994 built
MLS® R3155683, eXp Realty
305 5655 210a Street, Langley, BC

$399,900

305 5655 210a Street, Langley, BC
1 Beds
1 Baths
698 sqft
2011 built
MLS® R3153591, Stilhavn Real Estate Services & Stilhavn Real Estate Services
101 20976 56 Avenue, Langley, BC 10.4% price reduction

$439,000

101 20976 56 Avenue, Langley, BC
2 Beds
2 Baths
1016 sqft
1992 built
MLS® R3116550, Century 21 Coastal Realty Ltd.
324 21009 56 Avenue, Langley, BC

$414,900

324 21009 56 Avenue, Langley, BC
1 Beds
1 Baths
710 sqft
2011 built
MLS® R3148188, Sincere Real Estate Services & Woodhouse Realty
215 21009 56 Avenue, Langley, BC

$439,000

215 21009 56 Avenue, Langley, BC
1 Beds
1 Baths
737 sqft
2011 built
MLS® R3130797, Oakwyn Realty Ltd.
211 21009 56 Avenue, Langley, BC

$425,000

211 21009 56 Avenue, Langley, BC
1 Beds
1 Baths
700 sqft
2011 built
MLS® R3128227, Royal LePage West Real Estate Services
207 5450 208 Street, Langley, BC

$469,000

207 5450 208 Street, Langley, BC
2 Beds
2 Baths
1177 sqft
1994 built
MLS® R3148239, Macdonald Realty & Macdonald Realty
119 20894 57 Avenue, Langley, BC 5.5% price reduction

$519,900

119 20894 57 Avenue, Langley, BC
2 Beds
2 Baths
1285 sqft
1996 built
MLS® R3127463, Macdonald Realty
103 20881 56 Avenue, Langley, BC

$509,000

103 20881 56 Avenue, Langley, BC
2 Beds
2 Baths
1049 sqft
1992 built
MLS® R3156029, Unilife Realty Inc.
211 20881 56 Avenue, Langley, BC

$514,900

211 20881 56 Avenue, Langley, BC
2 Beds
2 Baths
1011 sqft
1992 built
MLS® R3136329, Sutton Premier Realty
102 20881 56 Avenue, Langley, BC

$439,900

102 20881 56 Avenue, Langley, BC
2 Beds
2 Baths
1044 sqft
1992 built
MLS® R3144275, Sutton Group-West Coast Realty (Langley)

Recently Sold Homes Near 306 5020 221a Avenue