LANGLEY, BC — Kamilia, the 171-home condominium development at 20675 Eastleigh Crescent in Downtown Langley, will hold its official groundbreaking ceremony on Friday, August 7, 2026 at 12:00 PM. The event marks the formal start of construction on what developers Kingdom Property and EverProsper Development call one of the most transit-connected presale communities in the Fraser Valley.
From demolition to construction
The groundbreaking follows the completion of site demolition, which began on June 22 and cleared the way for the two six-storey wood-frame buildings that will comprise the Kamilia community. Construction is now proceeding on schedule, with estimated occupancy targeted for Q4 2027 and an outside completion date of late 2028.
The ceremony is open to prospective buyers, registered interest holders, and members of the public. Attendees will have the opportunity to meet the development team on site and access a one-day promotional incentive available exclusively at the event.
Groundbreaking Ceremony Details
- Date: Friday, August 7, 2026
- Time: 12:00 PM
- Location: 20675 Eastleigh Crescent, Langley, BC V3A 4C3
- RSVP: Reserve your spot
SkyTrain proximity positions Kamilia ahead of the curve
The project's location places it approximately eight minutes on foot from the future Langley City Centre Station, part of the 16-km Surrey–Langley SkyTrain extension currently under construction. Historical data from the Canada Line and Evergreen Extension corridors shows that residential properties within walking distance of rapid transit stations experience significant price appreciation once service begins.
With Fraser Valley resale inventory tightening and interest rates stabilizing, market analysts note that pre-construction pricing offers buyers a window to lock in today's values ahead of the transit-driven repricing that typically follows station openings.
Market data backs the timing
Recent data from the region's two largest real estate boards suggests that buyer confidence is returning to the BC housing market. According to the Real Estate Board of Greater Vancouver (REBGV), Metro Vancouver recorded 2,390 home sales in June 2026 — a 9.6% increase year-over-year. Notably, gains were registered across all property types: detached homes rose 13.6%, attached homes 11.4%, and apartments 6%. REBGV Chief Economist Andrew Lis called the broad-based increase “a rare occurrence in recent years.”
In the Fraser Valley, the affordability picture has shifted significantly. The Fraser Valley Real Estate Board (FVREB) reports that apartment benchmark prices have fallen to $476,400 — down 9.1% year-over-year — with overall home prices now 26% below the 2022 peak. For buyers who were priced out during the pandemic surge, the current window represents the most accessible entry point in years.
On the rate front, the Bank of Canada has held its policy rate steady at 2.25% through six consecutive decisions, with core inflation tracking near the 2% target. Economists widely expect the rate to remain stable through the remainder of 2026, giving mortgage holders a degree of certainty that was absent during the 2022–2024 tightening cycle.
Industry observers echo the data. Coldwell Banker Canada noted in July 2026 that “the biggest shift may be that buyers are beginning to trust the market again,” while RBC Economics described the national housing market as taking “another small step towards recovery.” The BC Real Estate Association (BCREA) added that “market activity shows encouraging signs of improvement.”
Rate protection for Kamilia buyers
Kamilia is backed by both the BMO Builder Mortgage Program and the RBC New Home Mortgage Program. Through these programs, buyers can lock in their mortgage rate at the time of signing — and that rate is guaranteed to hold through closing, even if market rates rise before occupancy.
For pre-construction buyers, this eliminates the single largest source of uncertainty: the risk that interest rates move against you between contract and keys. With the Bank of Canada holding steady and both major lenders offering rate protection, Kamilia buyers can plan their monthly costs with confidence today.
What buyers are getting
Kamilia's 171 homes are spread across two buildings and comprise Jr. 2 Bedroom and 2 Bedroom + Flex layouts ranging from 558 to 888 square feet. All units include features that are typically considered upgrades in competing developments:
- Multi-zone split-system air conditioning
- Vinyl flooring throughout
- Window blinds in every room
- 9-foot ceilings
- 1Valet smart security system
Current pricing
- Jr. 2 Bedroom from $399K — Plan A, 558–616 sf
- 2 Bedroom + Flex from the mid $500Ks — Plan C, 730–888 sf with flex room in every layout
- 10% deposit structure — 5% on signing, 5% at six months
- Assignment permitted — $0 assignment fee, $750 admin only
Construction is underway. Lock in pre-construction pricing before the next milestone.
Kamilia is developed by Kingdom Property Investment Ltd. and EverProsper Development Corp. Sales by Rani, Ardee & Team — eXp Realty. Starting price of $399K reflects Jr. 2 Bed homes (Floor Plan A). Event schedule is subject to change without notice. The developer reserves the right to adjust pricing, make modifications to the floor plans, areas, unit numbers and/or specifications without notice. This is not an offering for sale. Such an offering may only be made after the filing of a disclosure statement. All dimensions and sizes are approximate. E.&O.E.
