Monterey Grande

20200 54a Avenue, Langley, BC
Built 1995
44 units
Lowrise
3 active

About Monterey Grande

Monterey Grande is a charming 44-unit lowrise condominium complex built in 1995, located at 20200 54a Avenue in the heart of Langley City. This well-established wood-frame building offers residents a perfect blend of urban convenience and suburban tranquility. The location provides easy access to Willowbrook Shopping Centre, one of the Fraser Valley's premier retail destinations, as well as numerous dining, entertainment, and service options along Fraser Highway. Residents enjoy close proximity to Transit Station, making commuting to Vancouver and surrounding areas effortless via SkyTrain connections. The neighbourhood features beautiful parks including Douglas Park and Nicomekl River trails, perfect for outdoor enthusiasts. With its mature landscaping, solid construction, and prime Langley City location near schools, medical facilities, and recreational amenities, Monterey Grande represents an excellent opportunity for first-time buyers, downsizers, or investors seeking quality housing in one of BC's fastest-growing communities.

Amenities

Bike Room
Clubhouse

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 $1,718/mo $323,855 $339/mo 4.2%
Condo 2 $2,310/mo $414,539 $460/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

Thinking of selling in Monterey Grande?

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$428,000Median home value
$72,000Median household income
57.5%Owner-occupied
2.9%Single-detached homes
2Avg household size
39.6Median age
22.4%Bachelor's degree or higher (25-64)
59.3%Commute under 30 min
85.9%Drive to work
29.7%Foreign-born residents
5,317Neighbourhood population

Age

Under 15: 14.3%15 to 64: 68.2%65 and over: 17.5%
  • 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

  • English + other2.9%
  • Tagalog2.6%
  • Spanish2.3%
  • Korean2.2%
  • Arabic1.9%
  • Punjabi1.3%
  • All others14.2%

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.

Book a Showing