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About Water's Edge Estates
Water's Edge Estates is a charming wood-frame lowrise condominium building located at 5249 204th Street in the heart of Langley City. Built in 1982, this well-established community offers residents a perfect blend of urban convenience and suburban tranquility. The building's prime location provides easy access to Langley City's vibrant downtown core, featuring shopping centers, restaurants, and essential services all within walking distance. Residents enjoy proximity to excellent schools, parks, and recreational facilities, making it ideal for families and professionals alike. The nearby Kwantlen Polytechnic University adds to the area's appeal, while quick access to Highway 1 ensures seamless connectivity to Vancouver and the Fraser Valley. With its mature landscaping and established neighborhood charm, Water's Edge Estates represents an excellent opportunity for those seeking quality living in one of Langley's most desirable locations.
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 | $308,649 | $341/mo | 4.4% |
| Condo | 2 | $2,302/mo | $407,662 | $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
2 active listings in Water's Edge Estates
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.