Cedar Ridge

21848 50 Avenue, Langley, BC
Built 1996
33 units
Lowrise
1 active

About Cedar Ridge

Cedar Ridge is a charming 33-unit wood-frame lowrise condominium building built in 1996, perfectly situated at 9018 208 Street in the desirable Walnut Grove neighbourhood of Langley, BC. This intimate community offers residents a peaceful suburban lifestyle while maintaining convenient access to urban amenities. Walnut Grove is renowned for its family-friendly atmosphere, top-rated schools, and beautiful parks including Sendall Gardens and Derby Reach Regional Park along the Fraser River. The location provides easy access to shopping at Willowbrook Shopping Centre, recreational facilities, and major transportation routes including the Golden Ears Bridge and Highway 1. Residents enjoy the perfect balance of tranquil living surrounded by mature trees and green spaces, while being just minutes from restaurants, services, and employment centers in both Langley and Surrey. The wood-frame construction and smaller building size create a more intimate, community-oriented living experience that's ideal for first-time buyers, young families, and those seeking a quieter alternative to highrise living.

Amenities

Underground parking
Storage lockers
Visitor parking

School Catchment

Investor Insights — Condos in Walnut Grove

Estimated rental yields based on MLS data for condos in Walnut Grove.

Type Beds Avg Rent Avg Sale Strata Net Yield
House 3 $3,225/mo $1,206,826 2.7%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

No recent sales found for this building.

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$660,000Median home value
$92,000Median household income
97.3%Owner-occupied
16.9%Single-detached homes
2.4Avg household size
44.8Median age
30.9%Bachelor's degree or higher (25-64)
60.1%Commute under 30 min
90.8%Drive to work
24.6%Foreign-born residents
3,183Neighbourhood population

Age

Under 15: 17%15 to 64: 59.7%65 and over: 23.3%
  • Under 1517%
  • 15 to 6459.7%
  • 65 and over23.3%

Household size

  • 1 person26.7%
  • 236.3%
  • 313.4%
  • 417.6%
  • 5 or more6.1%

Language spoken at home

74.1% English mother tongue

  • Korean4.6%
  • Mandarin3.5%
  • English + other2.4%
  • Spanish1.9%
  • Tagalog1.6%
  • German1.3%
  • All others10.6%

Mother tongue, share of 3,180 residents.

How this pocket differs

  • notably fewer 5+ person households than Walnut Grove 6.1% vs 10.3%
  • more people living alone than Walnut Grove 26.7% vs 20.4%
  • fewer Mandarin speakers than Walnut Grove 3.5% vs 4.9%
  • more Korean speakers than Walnut Grove 4.6% vs 3.6%
  • Median dwelling value is notably lower than Metro Vancouver $660,000 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.

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