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About Metro1
Metro1 is a well-established wood-frame lowrise condominium building located at 20245 53 Avenue in the heart of Langley City. Built in 1995, this intimate residential community offers a perfect blend of urban convenience and suburban comfort. The building's prime location provides easy access to Langley's vibrant downtown core, featuring diverse shopping options, restaurants, and essential services all within walking distance.
Residents enjoy proximity to Douglas Park, perfect for outdoor recreation and family activities. The nearby Langley Memorial Hospital, multiple schools, and transit routes along 56th Avenue make this an ideal location for professionals and families alike. With quick access to Highway 1, commuting to Vancouver or other Fraser Valley communities is effortless. The established neighborhood offers a mature, tree-lined streetscape while maintaining close proximity to Willowbrook Shopping Centre and the developing Langley City Centre area.
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 | $1,724/mo | $337,512 | $339/mo | 4.1% |
| Condo | 2 | $2,320/mo | $417,293 | $467/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
1 active listing in Metro1
No recent sales found for this building.
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Neighbourhood
Age
- Under 1514.3%
- 15 to 6468.2%
- 65 and over17.5%
Household size
- 1 person39.7%
- 237%
- 311.6%
- 47.5%
- 5 or more4.2%
Language spoken at home
72.6% English mother tongue
Mother tongue, share of 5,280 residents.
How this pocket differs
- notably fewer 5+ person households than Langley City 4.2% vs 6.4%
- fewer 4-person households than Langley City 7.5% vs 10.4%
- Median dwelling value is notably lower than Metro Vancouver $428,000 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.