Real Estate Costs

 

Property maps

Explore detailed information per property on GeoSource, the Township of Langley's web-based mapping system   

Property taxes & Rebates

One of the lowest commercial to residential mill rates in the Lower Mainland, the Township of Langley is ranked in the top fifteen, according to the 2017 NAIOP Regional Industrial Development Cost Survey.

2015 PROPERTY TAX RATES PER $1000 OF ASSESSED VALUE

 

Residential

Utilities

Major Industry

Light Industry

Business/
other

Rec./Non-profit

Farm

Township Only

2.10370

27.09440

6.69460

6.96000

7.88620

4.11500

10.64980

Total Other Authorities

1.53669

16.51266

4.03190

5.63500

5.37099

2.76989

3.92989

TOTAL
TAX RATE

3.71079

44.51426

10.95060

12.82800

13.52119

7.02269

14.936.29

REBATES AND INCENTIVES
Some development relatedincentives include Green Building Permit Rebate, Heritage Building Incentive Program, Capital Improvement Grant (Community Halls), and SportHosting Incentive Program. 

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Development Cost Charges

The Township of Langley is one of the “top ten most affordable communities,” according to the 2014 NAIOP Office Development Cost Survey  (PDF). It also received top marks for efficiency, being rated second in timing. 

DEVELOPMENT COST CHARGES

Type of
Development

Unit

Highway

Drainage

Sewage

Water

Parks

Total

Residential 1

du

$8,705.49

$3,906.95

$669.13

$2,415.84

$10,931.73

$26,629.14

Residential 2

du

$8,487.85

$1,574.11

$567.75

$2,049.81

$9,275.41

$21,954.93

Residential 3

du

$7,399.67

$1,079.88

$446.09

$1,610.56

$7,287.82

$17,824.02

Residential 4

du

$6,529.12

$687.62

$344.70

$1,244.53

$5,631.50

$14,437.47

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Commercial/Industrial Real Estate

The following commercial and industrial real estate links and resources are provided for information only. The Township of Langley accepts no responsibility for omission or errors.

Canadian Real Estate Association
Real Estate Board of Greater Vancouver