Arbour Lane

20897 57 Avenue, Langley, BC
Built 1995
41 units
Lowrise
No listings

Amenities

Bike Room
Caretaker
Clubhouse
Gas
Hot Water
Maintenance Grounds
Management
Other
Recreation Facilities
Sewer
Shopping Nearby
Snow Removal
Trash
Water

School Catchment

Elementary Douglas Park
Secondary Langley

Investor Insights — Condos in Langley City

Estimated rental yields based on MLS data for condos in Langley City.

Type Beds Avg Rent Avg List Price Strata Net Yield
Condo 1 $1,708/mo $386,490 $338/mo 3.4%
Condo 2 $2,278/mo $490,921 $462/mo 3.7%
Condo 3 $2,916/mo $650,885 $581/mo 3.7%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

No active listings at this time.

Sold Apartment/Condo
$•••

203 20897 57 AVENUE

2 2 1,228 sqft
Sold Apartment/Condo
$•••

101 20897 57 AVENUE

1 1 916 sqft
Sold Apartment/Condo
$•••

111 20897 57 AVENUE

2 2 1,221 sqft
Sold Apartment/Condo
$•••

313 20897 57 AVENUE

2 2 1,034 sqft
Sold Apartment/Condo
$•••

206 20897 57 AVENUE

2 2 1,086 sqft
Sold Apartment/Condo
$•••

103 20897 57 AVENUE

2 2 1,228 sqft

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3 homes have sold in Arbour Lane in the past year

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$460,000Median home value
$70,000Median household income
69.2%Owner-occupied
0.4%Single-detached homes
2.1Avg household size
40Median age
22.4%Bachelor's degree or higher (25-64)
56.7%Commute under 30 min
87%Drive to work
29.2%Foreign-born residents
3,023Neighbourhood population

Age

Under 15: 16.4%15 to 64: 61.2%65 and over: 22.5%
  • 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

  • Arabic4.6%
  • English + other2.6%
  • Tagalog2.1%
  • Punjabi1.9%
  • Spanish1.9%
  • Korean1.2%
  • All others14.1%

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.

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