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About Redwood Lane
Redwood Lane offers exceptional townhouse living in the desirable Walnut Grove neighbourhood of Langley, BC. This intimate 55-unit wood frame development, built in 2005, provides residents with a perfect blend of suburban tranquility and urban convenience. Located on 88 Avenue, residents enjoy easy access to top-rated schools including Walnut Grove Elementary and Secondary, making it ideal for families. The neighbourhood features excellent shopping at Willowbrook Shopping Centre, scenic walking trails along the Nicomekl River, and quick access to Highway 1 for commuting to Vancouver. Walnut Grove's tree-lined streets, parks, and recreational facilities create a true sense of community. Each townhouse at Redwood Lane combines modern comfort with practical design, offering spacious layouts perfect for growing families or professionals seeking a quiet retreat from city life while maintaining connectivity to urban amenities.
Amenities
School Catchment
Investor Insights — Townhouses in Walnut Grove
Estimated rental yields based on MLS data for townhouses in Walnut Grove.
| Type | Beds | Avg Rent | Avg List Price | Strata | Net Yield |
|---|---|---|---|---|---|
| Condo | 2 | $2,550/mo | $525,933 | $483/mo | 4.1% |
| House | 3 | $3,050/mo | $1,533,200 | — | 1.9% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
3 active listings in Redwood Lane
No recent sales found for this building.
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Neighbourhood
Age
- Under 1519.5%
- 15 to 6465.7%
- 65 and over14.8%
Household size
- 1 person13.8%
- 231.2%
- 316.9%
- 424.6%
- 5 or more13.4%
Language spoken at home
83.1% English mother tongue
Mother tongue, share of 6,420 residents.
How this pocket differs
- fewer seniors 65+ than Walnut Grove 14.8% vs 20.6%
- fewer people living alone than Walnut Grove 13.8% vs 20.4%
- more 5+ person households than Walnut Grove 13.3% vs 10.3%
- more 4-person households than Walnut Grove 24.6% vs 19.9%
- Median household income is higher than Metro Vancouver $129,000 vs $90,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.