Parkhill

20087 68 Avenue, Langley, BC
Built 2020
145 units
Lowrise
6 active

About Parkhill

Parkhill is a modern wood-frame lowrise condominium development located at 20087 68 Avenue in the desirable Willoughby Heights neighbourhood of Langley, BC. Built in 2020, this contemporary 145-unit building offers residents the perfect blend of suburban tranquility and urban convenience. Willoughby Heights is known for its family-friendly atmosphere, excellent schools, and abundant parks including nearby Willoughby Community Park and Nicomekl River Park. The location provides easy access to Highway 1 for commuting to Vancouver, while local amenities include Willowbrook Shopping Centre, Save-On-Foods, and numerous dining options along 200th Street. Residents enjoy the best of both worlds with quick access to hiking trails in the nearby mountains and Fraser River recreational activities. The neighbourhood's growing reputation as a sought-after community for young families and professionals makes Parkhill an excellent investment opportunity in Langley's expanding real estate market.

Amenities

Secure building entrance with intercom system
Elevator access to all floors
Underground parking with assigned stalls
Individual storage lockers
Visitor parking spaces
Bike storage room
Garbage and recycling facilities
Landscaped common areas
Building management and maintenance
Emergency lighting and fire safety systems

Investor Insights — Willoughby Heights

Estimated rental yields based on MLS data for Willoughby Heights.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,864/mo $426,837 $311/mo 3.7%
Condo 2 $2,514/mo $561,876 $402/mo 3.9%
House 3 $3,267/mo $908,357 3.7%
House 4 $4,050/mo $1,285,292 $553/mo 2.8%
House 5 $4,450/mo $1,524,725 3.0%
Townhouse 3 $3,229/mo $809,986 $315/mo 3.8%
Townhouse 4 $3,650/mo $974,765 $288/mo 3.7%

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

Location

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