Red Maple Place

5377 201a Street, Langley, BC
Built 1992
Lowrise
1 active

About Red Maple Place

Red Maple Place offers comfortable lowrise living in the heart of Langley City at 5377 201a Street. This well-established wood frame building, constructed in 1992, 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, Kwantlen Polytechnic University, and the vibrant downtown Langley core with its diverse dining and entertainment options. The building's prime location offers excellent transit connections along 200th Street and Highway 1, making commuting to Vancouver or Surrey effortless. Nearby parks including Derek Doubleday Arboretum and Al Anderson Memorial Pool provide recreational opportunities, while top-rated schools and medical facilities are just minutes away. Red Maple Place represents an ideal opportunity for first-time buyers, downsizers, or investors seeking quality construction in Langley City's established residential community.

Amenities

Recreation Facilities

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 $414,032 $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.
$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.

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