Marilyn On The Park

5330 198 Street, Langley, BC
Built 2024
43 units
Townhouse
2 active

About Marilyn On The Park

Marilyn On The Park offers modern townhouse living in the heart of Langley City, featuring 43 brand-new wood-frame homes built in 2024. Located at 5330 198 Street, this contemporary development provides residents with the perfect blend of urban convenience and suburban tranquility. The prime Langley City location offers easy access to shopping at Willowbrook Shopping Centre, recreational facilities at Al Anderson Memorial Pool, and the scenic walking trails of Derek Doubleday Arboretum. Families will appreciate the proximity to top-rated schools including Langley Fine Arts School and Douglas Park Community School. With quick access to Highway 1 and the Golden Ears Bridge, commuting to Vancouver or the Fraser Valley is effortless. The neighbourhood boasts an abundance of parks, restaurants, and services within walking distance, making Marilyn On The Park an ideal choice for those seeking modern living in one of BC's most desirable communities.

Amenities

Private fenced yards and patios
Attached garages
Visitor parking stalls
Modern wood frame construction
Private entrances
Storage areas
Landscaped common areas
Playground facilities
Walking paths
Bicycle storage

School Catchment

Elementary Nicomekl
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 $625,163 $458/mo 4.3%
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 Townhouse
$789,300

104 5330 198 STREET

3 2.5 1,319 sqft

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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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