420 5020 221a St, Langley BC V2Y 0V5 – Condo for Sale – MLS® R3182543

420 5020 221a Street, Langley, British Columbia V2Y 0V5

3 days on the market
$485,000
Est. monthly cost $2,369/mo
Updated with MLS® -
1 Beds
1 Baths
634 sqft
765 $ /sqft
230.62 $ Maint. fee
2016 built
NEW
3 days on the market
$485,000
Est. $2,369/mo with 20% down
Updated with MLS® -

Property Details for 420 5020 221a Street

Welcome to Murrayville House! This immaculate 1 bedroom, top floor corner unit 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 cozy fireplace & mantle. Rentals and pets allowed, 1 parking stall & 1 storage locker.

Building Details

Price $485,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 634
Year Built 2016
Age Of Building 10
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Electricity, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $230.62
Amenities Nearby Electricity, 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,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes
Rental Restrictions 100
Rental Suites None
Units In Development 92

Interior Features

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

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3182543
Area Langley
Neighbourhood Murrayville
City Langley
Postal Code V2Y 0V5
Gross Taxes $2,206.31
Zoning CD68

Property Timeline

Status Date Price
R3182543 / Active 11-10-2026 $485,000
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 #4

Listed by: Royal LePage - Wolstencroft & Oakwyn 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.

About the building: Murrayville House

5020 221A Street, Murrayville, Langley

Murrayville House building details

Building

Built
2017
Homes
92 in 4 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS3408
Managed by
Dwell Property Management
Parking
Garage: Underground
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementHot WaterGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Murrayville House

For sale
3
Median ask
$498K
Median $/sqft
$673
Days on market
23
Sold, past year
4
This home

$765/sqft, 13.7% above the building median of $673.

  • Structural warranty runs to 2027 under BC's 2-5-10 new-home warranty.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 3.92 km · Langley Secondary School 5.2/10 · 2.03 km · crime average · sell-speed score 48/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (7 nearby)

  • A&w · 282 m · Fast Food
  • Panago · 290 m · Fast Food
  • Hitori japanese restaurant · 315 m · Restaurant

Shopping (2 nearby)

  • Murrayville · 142 m · Post Office
  • Courtesy cleaners · 513 m · Laundry

Cafes (2 nearby)

  • The joy of coffee · 356 m · Cafe
  • Tim hortons · 881 m · Cafe

Groceries (1 nearby)

  • Iga · 410 m · Supermarket

Transit (1 nearby)

  • Bus stop eastbound 46 ave @ 220 st · 937 m · Transit

Public Schools

Secondary
Langley Secondary School
Average 2.03 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 0.64 km 8.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 0.64 km 8.4/10

Closest Transit

Bus Stop
Westbound 50 Ave @ 221A St
0.03 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
3.92 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

48 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $443,500
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 3.92 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

420 5020 221a Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 9.4% above comparable active properties in Murrayville. The local market is currently a Balanced Market with a sales-to-active ratio of 15.5% — conditions are balanced. With 420 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. 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.

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

639 m

Murrayville Academy

Independent

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

707 m

Langley Fundamental Elementary School

Public

Grades Served

K-5

Catchment Info

—
7.0 / 10

Distance

752 m

des Voyageurs

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

1.31 KM

U-Connect

Public

Grades Served

—

Catchment Info

—
5.4 / 10

Distance

1.61 KM

James Hill Elementary

Public

Grades Served

—

Catchment Info

—
7.2 / 10

Distance

1.63 KM

Langley Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
5.2 / 10

Distance

2.03 KM

OneSchool Global Vancouver

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

2.35 KM

Langley Fundamental Middle/Secondary School

Public

Grades Served

6-12

Catchment Info

—
7.5 / 10

Distance

2.51 KM

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

2.63 KM

Walkability & Transit Near 420 5020 221a Street

Walk Score Badge
Somewhat Walkable 69

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
Bikeable 68

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 420 5020 221a Street

2026 assessed value, sourced from City of Langley open data (PID 029-991-641).
Total Assessed Value (2026)
$442,000
-2.9% YoY
-2.3%/yr over 2 yr
2024 Value Trend 2026
Land
$304,000
Buildings
$138,000
Year Built
N/A
Class
030
Zoning
CD-68
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $304,000 $138,000 $442,000
-2.9%
2025 $313,000 $142,000 $455,000
-1.7%
2024 $318,000 $145,000 $463,000 —

Costs & calculators

Monthly cost about $2,369/month · rent estimate $1,998/month · owning nets $155/month less than renting · cash flow if rented −$527/month

Mortgage Calculator for 420 5020 221a Street

30-year fixed
$2,369 /month
Principal & Interest $1,954
Property Taxes $184
Maintenance fee $231

The estimated monthly cost of 420 5020 221a Street, Langley is $2,369: $1,954 principal and interest with 20% down over 30 years at 4.45%, plus $184 property tax and $231 strata fee.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$527 /month
Mortgage Payment $1,954
Monthly Cash Flow −$527
Break Even Down Payment 42%
Cap Rate -1.3%
Cash on Cash -6.5%

If 420 5020 221a Street, Langley were rented at $1,998 a month with 5% vacancy, it would fall $527 a month short of the mortgage and carrying costs; about 42% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 420 5020 221a Street, Langley

$1,998 / month
Rent $1,998
Own $2,369
Principal: $629/mo Interest, tax, insurance, fees: $1,740/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$526/mo (year 1) → ~$1,224/mo (year 20) → ~$1,825/mo (year 29).

Net cost to own at year 5 ~$1,740/mo About $258/mo less than renting

EstateBlock estimates 420 5020 221a Street, Langley would rent for about $1,998 a month.

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.

Rent vs own: 420 5020 221a Street

Rent vs own

Owning nets $155/mo less than renting

With 20% down ($97,000) at 4.45%: $1,843/mo net cost to own in year 1 vs $1,998/mo rent

Principal paid off by year 5 $34,576
Principal paid off by year 10 $77,750

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 420 5020 221a Street, Langley nets about $155 a month less than renting it in year 1, with $34,576 of principal paid off by year 5 and $77,750 by year 10.

Price vs Neighbourhood Average — Murrayville, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $485,000
Langley Loading...
Murrayville Loading...

Based on 4 comparable active apartments/condos in Murrayville, the average asking price is $443,500. This listing is priced 9.4% 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 Greater Vancouver REALTORS® 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 420 5020 221a Street

Walk Score Badge
Somewhat Walkable 69

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
Bikeable 68

Bike Score - Bikeable

Some bike infrastructure

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