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About 20350 54 Avenue
Located in the heart of Langley City, 20350 54 Avenue offers comfortable lowrise living in a well-established neighborhood. This wood-frame building, constructed in 1993, provides residents with a perfect blend of suburban tranquility and urban convenience. The location offers easy access to Willowbrook Shopping Centre, one of the Fraser Valley's premier retail destinations, as well as numerous restaurants, cafes, and services along Fraser Highway. Residents enjoy proximity to Transit Creek Trail for outdoor recreation, while being just minutes from major transportation routes including the Trans-Canada Highway. The area is well-served by public transit, making commutes to Vancouver seamless. Nearby amenities include Save-On-Foods, London Drugs, and various professional services. Families will appreciate the close proximity to quality schools and parks, while the mature neighborhood offers tree-lined streets and a strong sense of community. This building represents an excellent opportunity for first-time buyers or investors seeking value in Langley City's competitive market.
Amenities
School Catchment
Investor Insights — Condos in Langley City
Estimated rental yields based on MLS data for condos in Langley City.
| Type | Beds | Avg Rent | Avg Sale | Strata | Net Yield |
|---|---|---|---|---|---|
| Condo | 1 | $1,718/mo | $309,068 | $336/mo | 4.4% |
| Condo | 2 | $2,310/mo | $414,539 | $460/mo | 4.5% |
| Condo | 3 | $3,150/mo | $712,583 | $710/mo | 3.5% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
3 active listings in 20350 54 Avenue
No recent sales found for this building.
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Neighbourhood
Age
- Under 1510.2%
- 15 to 6453.6%
- 65 and over36.2%
Household size
- 1 person55.3%
- 227.7%
- 39.5%
- 44.8%
- 5 or more2.7%
Language spoken at home
76.8% English mother tongue
Mother tongue, share of 4,480 residents.
How this pocket differs
- notably more seniors 65+ than Langley City 36.2% vs 20%
- notably fewer children under 15 than Langley City 10.2% vs 15.3%
- notably fewer 5+ person households than Langley City 2.7% vs 6.4%
- notably fewer 4-person households than Langley City 4.8% vs 10.4%
- notably more people living alone than Langley City 55.4% vs 35.5%
- Median household income is notably lower than Metro Vancouver $46,400 vs $90,000
- Median dwelling value is notably lower than Metro Vancouver $400,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.