Madison Station

19774 56 Avenue, Langley, BC
Built 2006
47 units
Lowrise
1 active

About Madison Station

Madison Station is a well-established wood-frame lowrise condominium building located at 19774 56 Avenue in the heart of Langley City. Built in 2006, this intimate 47-unit community offers residents a perfect blend of urban convenience and suburban tranquility. The building's prime Langley City location provides easy access to shopping at Willowbrook Shopping Centre, dining options along Fraser Highway, and recreational facilities including the Langley Events Centre. Residents enjoy quick access to major transportation routes including the Trans-Canada Highway, making commutes to Vancouver seamless. The surrounding neighborhood features beautiful parks, walking trails, and is within walking distance of schools, medical facilities, and community services. Madison Station represents an excellent opportunity for first-time buyers and investors alike, offering quality construction and a desirable location in one of the Fraser Valley's most sought-after communities.

Amenities

Bike Room
Clubhouse
Exercise Centre
Recreation Facilities
Shopping Nearby

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 $1,708/mo $386,300 $342/mo 3.4%
Condo 2 $2,281/mo $491,956 $459/mo 3.7%
Condo 3 $2,916/mo $639,675 $582/mo 3.7%

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

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$464,000Median home value
$77,000Median household income
59.7%Owner-occupied
6%Single-detached homes
2.1Avg household size
35.6Median age
25.5%Bachelor's degree or higher (25-64)
56%Commute under 30 min
84.1%Drive to work
31%Foreign-born residents
5,729Neighbourhood population

Age

Under 15: 14.9%15 to 64: 71.6%65 and over: 13.5%
  • 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

  • English + other4.3%
  • Punjabi3.9%
  • Tagalog3.9%
  • Spanish2.3%
  • Korean1.8%
  • Hindi1.2%
  • All others15%

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.

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