Raintree

5678 199 Street, Langley, BC
Built 2000
12 units
Townhouse
1 active

About Raintree

Raintree offers an exceptional townhouse living experience in the heart of Langley City. This intimate 12-unit wood frame development, built in 2000, provides residents with a perfect blend of urban convenience and suburban tranquility. Located on 199 Street, residents enjoy easy access to Langley's vibrant downtown core, featuring diverse shopping at Willowbrook Shopping Centre, excellent dining options, and essential services. The location offers seamless connectivity to major transportation routes, making commutes to Vancouver and Surrey effortless. Families will appreciate the proximity to top-rated schools including Langley Fine Arts School and Alice Brown Elementary. With nearby parks like Douglas Park and Al Anderson Memorial Pool, outdoor recreation is always within reach. The mature neighborhood setting combined with modern townhouse amenities creates an ideal environment for families and professionals seeking quality living in one of BC's most desirable communities.

Amenities

Shopping Nearby

School Catchment

Investor Insights — Townhouses in Langley City

Estimated rental yields based on MLS data for townhouses in Langley City.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 3 $3,093/mo $677,618 $448/mo 4.0%
Townhouse 4 $4,250/mo $759,225 $398/mo 5.5%

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.
$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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