Ivy Lea

5677 208 Street, Langley, BC
Built 1993
47 units
Lowrise
1 active

About Ivy Lea

Ivy Lea offers comfortable lowrise living in the heart of Langley City at 5677 208 Street. This well-established wood-frame building, constructed in 1993, features 47 thoughtfully designed units that provide an excellent opportunity for first-time buyers and investors alike. Located in one of Langley's most convenient neighborhoods, residents enjoy easy access to Willowbrook Shopping Centre, multiple restaurants, and essential services along 200th Street. The building's prime location offers seamless connectivity to major transportation routes, making commutes to Vancouver and Surrey effortless. Langley City's family-friendly atmosphere is enhanced by nearby parks, recreational facilities, and top-rated schools. With its mature landscaping and established community feel, Ivy Lea represents solid value in a desirable area that continues to experience steady growth and development.

Amenities

Bike Room
Clubhouse
Caretaker

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 Sale Strata Net Yield
Condo 1 $1,718/mo $298,749 $336/mo 4.6%
Condo 2 $2,294/mo $408,568 $467/mo 4.5%
Condo 3 $2,933/mo $712,583 $710/mo 3.1%

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

Sold Apartment/Condo
$517,000

311 5677 208 STREET

2 2 1,080 sqft
Sold Apartment/Condo
$569,500

115 5677 208 STREET

2 2 1,039 sqft
Sold Apartment/Condo
$569,000

205 5677 208 STREET

2 2 1,257 sqft
Sold Apartment/Condo
$562,000

111 5677 208 STREET

2 2 1,088 sqft
Sold Apartment/Condo
$649,800

313 5677 208 STREET

2 2 1,255 sqft

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1 home has sold in Ivy Lea 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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