About Riverwalk
Riverwalk offers comfortable lowrise living in the heart of Langley City at 20976 56 Avenue. This well-established wood-frame building from 1992 features 42 thoughtfully designed units in one of Langley's most convenient locations. Residents enjoy easy access to Willowbrook Shopping Centre, just minutes away, along with the vibrant downtown Langley core featuring diverse dining, shopping, and entertainment options. The building's prime location provides excellent transit connections along 56 Avenue, making commuting to Vancouver and Surrey effortless. Nearby parks including Douglas Park and the Trans Canada Trail offer abundant recreational opportunities, while top-rated schools and medical facilities are within walking distance. With its blend of affordability, convenience, and community atmosphere, Riverwalk represents an excellent opportunity for first-time buyers, young professionals, and investors seeking solid value in Langley's growing real estate market.
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 | $1,726/mo | $303,506 | $338/mo | 4.5% |
| Condo | 2 | $2,296/mo | $408,024 | $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
1 active listing in Riverwalk
No recent sales found for this building.
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Neighbourhood
Age
- Under 1516.4%
- 15 to 6461.2%
- 65 and over22.5%
Household size
- 1 person36.5%
- 237.2%
- 313.9%
- 46.6%
- 5 or more5.8%
Language spoken at home
71.6% English mother tongue
Mother tongue, share of 2,925 residents.
How this pocket differs
- notably fewer 4-person households than Langley City 6.5% vs 10.4%
- notably more Arabic speakers than Langley City 4.6% vs 1.1%
- Median household income is lower than Metro Vancouver $70,000 vs $90,000
- Median dwelling value is notably lower than Metro Vancouver $460,000 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.