Ibis Residences

20031 53 Avenue, Langley, BC
90 units
Lowrise
No listings

Developer: Red Cardinal Homes

About Ibis Residences

Ibis Residences by Red Cardinal Homes is a six-storey woodframe building of around 90 condominiums in the Nicomekl neighbourhood of Langley City. A selection of roughly 20 floorplans spans studio to three-bedroom suites, ranging from approximately 363 to 1,057 sq ft, offering options for a variety of lifestyles and budgets. An underground parkade provides resident parking, storage lockers and bicycle storage.

Set at 53 Avenue and 200 Street, the development sits across from Nicomekl Elementary School in an established residential area, with Brydon Park, its sports facilities, dog park and natural lagoon a short walk away. Residents share a gym with sauna and shower, a boardroom, and a ground-floor multi-purpose room with a kitchen opening onto a patio with seating and a barbecue station. The walkable Langley City location places downtown shops and services close at hand, with the area set to benefit from the future SkyTrain extension.

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 $1,775/mo $361,712 $342/mo 3.9%
Condo 2 $2,327/mo $443,678 $459/mo 4.3%

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

No active listings at this time.

No recent sales found for this building.

Location

Book a Showing