About Madison Place
Welcome to Madison Place, a well-appointed wood frame lowrise condominium nestled in the heart of Langley City at 19730 56 Avenue. Built in 2007, this charming 49-unit residence offers an ideal blend of suburban tranquility and urban convenience, making it a sought-after address for first-time buyers, downsizers, and investors alike. Residents enjoy easy access to Langley City's vibrant core, including the shops and restaurants along Fraser Highway and 200th Street, as well as nearby Brydon Lagoon Park and Nicomekl River trails for outdoor enthusiasts. Families will appreciate the proximity to top-rated schools, community recreation centres, and the Langley Events Centre. With convenient access to Highway 1 and local transit routes, commuting throughout the Fraser Valley and Greater Vancouver is a breeze. Madison Place strikes the perfect balance between comfortable, low-maintenance living and a welcoming community atmosphere, offering residents a quality lifestyle in one of Langley's most established and accessible neighbourhoods.
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 List Price | Strata | Net Yield |
|---|---|---|---|---|---|
| Condo | 1 | $1,705/mo | $380,664 | $338/mo | 3.5% |
| Condo | 2 | $2,281/mo | $494,413 | $442/mo | 3.7% |
| Condo | 3 | $2,974/mo | $648,947 | $581/mo | 3.8% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
1 active listing in Madison Place
No recent sales found for this building.
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Neighbourhood
Age
- Under 1514.9%
- 15 to 6471.6%
- 65 and over13.5%
Household size
- 1 person37.8%
- 235.8%
- 314.8%
- 46.9%
- 5 or more4.7%
Language spoken at home
67.6% English mother tongue
Mother tongue, share of 5,710 residents.
How this pocket differs
- fewer seniors 65+ than Langley City 13.4% vs 20%
- notably fewer 4-person households than Langley City 6.9% vs 10.4%
- fewer 5+ person households than Langley City 4.8% vs 6.4%
- notably more Tagalog speakers than Langley City 3.9% vs 1.8%
- notably more Punjabi speakers than Langley City 3.9% vs 2.4%
- Median dwelling value is notably lower than Metro Vancouver $464,000 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.