About Michaud Gardens
Michaud Gardens offers comfortable lowrise living at 5556 201a Street in the heart of Langley City. This well-established wood frame building, constructed in 1993, provides residents with a perfect blend of urban convenience and suburban tranquility. Located in one of Langley's most desirable neighborhoods, residents enjoy easy access to Willowbrook Shopping Centre, Central City Shopping Centre, and the vibrant downtown Langley scene. The building's prime location offers excellent transit connections along 200th Street and Fraser Highway, making commuting to Vancouver or surrounding areas effortless. Families will appreciate the proximity to top-rated schools, beautiful parks like Derek Doubleday Arboretum, and recreational facilities including the Langley Sportsplex. With tree-lined streets, local cafes, and essential services just steps away, Michaud Gardens represents an ideal opportunity for those seeking quality living in Langley City's established residential community.
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 | $2,302/mo | $407,205 | $460/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 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.