About Legacy On Park Ave
The Legacy at 20416 Park Avenue represents modern lowrise living in the heart of Langley City. This contemporary wood-frame building, completed in 2020, offers 69 thoughtfully designed units in one of Metro Vancouver's most desirable suburban communities. Located on prestigious Park Avenue, residents enjoy easy access to Langley City's vibrant downtown core, featuring diverse shopping, dining, and entertainment options. The building's prime location provides convenient access to major transportation routes including the Trans-Canada Highway, making commutes to Vancouver, Surrey, and other Lower Mainland destinations effortless. Langley City offers an ideal blend of urban amenities and small-town charm, with nearby attractions including the historic Fort Langley, beautiful parks, top-rated schools, and the popular Willowbrook Shopping Centre. The Legacy combines modern architectural design with quality construction, creating an exceptional living environment for professionals, families, and investors seeking value in British Columbia's thriving Fraser Valley region.
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 | $1,729/mo | $311,285 | $338/mo | 4.4% |
| Condo | 2 | $2,303/mo | $406,448 | $458/mo | 4.6% |
| Condo | 3 | $3,150/mo | $712,583 | $710/mo | 3.5% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
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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.