About River's Edge
River's Edge at 20454 53 Avenue offers comfortable lowrise living in the heart of Langley City. This well-established wood frame building, constructed in 1981, 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 shopping at Willowbrook Shopping Centre, dining options along Fraser Highway, and recreational facilities including the Langley Sportsplex. The building's prime location offers excellent transit connections with frequent bus service and quick access to Highway 1 for commuters to Vancouver. Surrounded by mature trees and green spaces, River's Edge is within walking distance of parks, schools, and essential services. The nearby Nicomekl River provides scenic walking trails and outdoor recreation opportunities. This lowrise community attracts a diverse mix of first-time buyers, young professionals, and downsizers seeking quality construction and a strong sense of community in Langley City's vibrant core.
Amenities
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 | $1,729/mo | $311,285 | $338/mo | 4.4% |
| Condo | 2 | $2,302/mo | $407,205 | $460/mo | 4.6% |
| 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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No recent sales found for this building.
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Neighbourhood
Age
- Under 1510.2%
- 15 to 6453.6%
- 65 and over36.2%
Household size
- 1 person55.3%
- 227.7%
- 39.5%
- 44.8%
- 5 or more2.7%
Language spoken at home
76.8% English mother tongue
Mother tongue, share of 4,480 residents.
How this pocket differs
- notably more seniors 65+ than Langley City 36.2% vs 20%
- notably fewer children under 15 than Langley City 10.2% vs 15.3%
- notably fewer 5+ person households than Langley City 2.7% vs 6.4%
- notably fewer 4-person households than Langley City 4.8% vs 10.4%
- notably more people living alone than Langley City 55.4% vs 35.5%
- Median household income is notably lower than Metro Vancouver $46,400 vs $90,000
- Median dwelling value is notably lower than Metro Vancouver $400,000 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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