420 5020 221a St, Langley BC V2Y 0V5 – Condo for Sale – MLS® R3182543
420 5020 221a Street, Langley, British Columbia V2Y 0V5
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
$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
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).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
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.
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.
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.
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 ServedK-12
|
Catchment Info—
|
7.8 / 10 |
Distance639 m
|
Murrayville Academy |
Independent |
Grades Served—
|
Catchment Info—
|
6.4 / 10 |
Distance707 m
|
Langley Fundamental Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
7.0 / 10 |
Distance752 m
|
des Voyageurs |
Public |
Grades Served—
|
Catchment Info—
|
6.9 / 10 |
Distance1.31 KM
|
U-Connect |
Public |
Grades Served—
|
Catchment Info—
|
5.4 / 10 |
Distance1.61 KM
|
James Hill Elementary |
Public |
Grades Served—
|
Catchment Info—
|
7.2 / 10 |
Distance1.63 KM
|
Langley Secondary School |
Public |
Grades Served9-12
|
Catchment InfoIn Catchment
|
5.2 / 10 |
Distance2.03 KM
|
OneSchool Global Vancouver |
Independent |
Grades Served—
|
Catchment Info—
|
N/A |
Distance2.35 KM
|
Langley Fundamental Middle/Secondary School |
Public |
Grades Served6-12
|
Catchment Info—
|
7.5 / 10 |
Distance2.51 KM
|
Peterson Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.6 / 10 |
Distance2.63 KM
|
Walkability & Transit Near 420 5020 221a Street
Walk Score - Somewhat Walkable
Transit Score - Some Transit
Bike Score - Bikeable
BC Assessment Value — 420 5020 221a Street
| 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
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.
Investment Cashflow Calculator
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.
Estateblock Rent Estimate for 420 5020 221a Street, Langley
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).
EstateBlock estimates 420 5020 221a Street, Langley would rent for about $1,998 a month.
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
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
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.
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Walkability & Transit Near 420 5020 221a Street
Walk Score - Somewhat Walkable
Transit Score - Some Transit
Bike Score - Bikeable
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