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 ten, according to the 2014 NAIOP Office 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

3.24630

27.47400

9.16730

9.36980

9.62610

4.96220

10.10590

Total Other Authorities

2.46063

17.89001

5.34553

8.11273

7.81794

3.88213

4.29013

TOTAL
TAX RATE

5.70693

45.36401

14.51283

17.48253

17.44404

8.84433

14.39603

REBATES AND INCENTIVES
Some development related incentives include Green Building Permit Rebate, Heritage Building Incentive Program, Capital Improvement Grant (Community Halls), and Sport Hosting 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 . 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