Langley Place

20229 Fraser Highway, Langley, BC
Built 1982
18 units
Townhouse
1 active

About Langley Place

Langley Place is an 18-home woodframe townhome complex built in 1982 at 20229 Fraser Highway in the heart of Langley City. The established community offers ground-oriented homes within walking distance of downtown Langley's shops, restaurants, and services, and is well positioned for the future SkyTrain extension along Fraser Highway. Its central, walkable location makes Langley Place a practical option for buyers seeking affordable townhome living in Langley City's evolving urban core.

Amenities

Gas
Management
Restaurant
Sewer
Shopping Nearby
Snow Removal
Trash

School Catchment

Elementary Douglas Park
Secondary Langley

Investor Insights — Townhouses in Langley City

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

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 3 $3,093/mo $673,094 $453/mo 4.0%
Townhouse 4 $4,250/mo $759,225 $398/mo 5.5%

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

Sold Apartment/Condo
$540,000

9 20229 FRASER HIGHWAY

1 1.5 1,108 sqft

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1 home has sold in Langley Place

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$464,000Median home value
$77,000Median household income
59.7%Owner-occupied
6%Single-detached homes
2.1Avg household size
35.6Median age
25.5%Bachelor's degree or higher (25-64)
56%Commute under 30 min
84.1%Drive to work
31%Foreign-born residents
5,729Neighbourhood population

Age

Under 15: 14.9%15 to 64: 71.6%65 and over: 13.5%
  • Under 1514.9%
  • 15 to 6471.6%
  • 65 and over13.5%

Household size

  • 1 person37.8%
  • 235.8%
  • 314.8%
  • 46.9%
  • 5 or more4.7%

Language spoken at home

67.6% English mother tongue

  • English + other4.3%
  • Punjabi3.9%
  • Tagalog3.9%
  • Spanish2.3%
  • Korean1.8%
  • Hindi1.2%
  • All others15%

Mother tongue, share of 5,710 residents.

How this pocket differs

  • fewer seniors 65+ than Langley City 13.4% vs 20%
  • notably fewer 4-person households than Langley City 6.9% vs 10.4%
  • fewer 5+ person households than Langley City 4.8% vs 6.4%
  • notably more Tagalog speakers than Langley City 3.9% vs 1.8%
  • notably more Punjabi speakers than Langley City 3.9% vs 2.4%
  • Median dwelling value is notably lower than Metro Vancouver $464,000 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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