Montgomery Gate

5450 208 Street, Langley, BC
Built 1994
23 units
Lowrise
1 active

About Montgomery Gate

Montgomery Gate is a charming 23-unit wood-frame lowrise building built in 1994, located at 5450 208th Street in the heart of Langley City. This intimate residential community offers the perfect balance of urban convenience and suburban tranquility. Residents enjoy easy access to Willowbrook Shopping Centre, one of BC's premier retail destinations, just minutes away. The building's prime location provides excellent connectivity to Highway 1 and the Golden Ears Bridge, making commutes to Vancouver and surrounding areas effortless. Langley City's vibrant downtown core features diverse dining options, professional services, and recreational facilities including the Langley Sportsplex and Al Anderson Memorial Pool. The nearby Nicomekl River offers scenic walking trails and green spaces for outdoor enthusiasts. With Transit Station nearby, residents can easily access public transportation. Montgomery Gate represents an excellent opportunity for first-time buyers and investors seeking quality construction in an established neighbourhood with strong community amenities and future growth potential.

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 $313,785 $339/mo 4.3%
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

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$117,000Median household income
86.6%Owner-occupied
70.2%Single-detached homes
2.9Avg household size
40.4Median age
20.4%Bachelor's degree or higher (25-64)
55%Commute under 30 min
93.9%Drive to work
14.9%Foreign-born residents
7,297Neighbourhood population

Age

Under 15: 18.2%15 to 64: 65.1%65 and over: 16.7%
  • Under 1518.2%
  • 15 to 6465.1%
  • 65 and over16.7%

Household size

  • 1 person14.9%
  • 233.7%
  • 316.8%
  • 421.6%
  • 5 or more12.9%

Language spoken at home

84.4% English mother tongue

  • Punjabi2.6%
  • English + other1.5%
  • Mandarin1%
  • Spanish0.9%
  • German0.8%
  • French0.8%
  • All others8%

Mother tongue, share of 7,290 residents.

How this pocket differs

  • notably fewer people living alone than Langley City 15% vs 35.5%
  • notably more 4-person households than Langley City 21.7% vs 10.4%
  • notably more 5+ person households than Langley City 13% vs 6.4%
  • Median household income is higher than Metro Vancouver $117,000 vs $90,000

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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