Parkside Place

20088 55a Avenue, Langley, BC
Built 1995
Lowrise
1 active

About Parkside Place

Parkside Place at 20088 55a Avenue offers comfortable lowrise living in the heart of Langley City. This well-established wood-frame building, constructed in 1995, provides residents with a perfect blend of urban convenience and suburban tranquility. Located in one of Langley's most desirable neighborhoods, residents enjoy easy access to shopping at Willowbrook Shopping Centre, dining establishments along Fraser Highway, and recreational facilities including the nearby Sendall Gardens and Douglas Park. The building's prime location offers excellent transit connections with frequent bus service and quick access to Highway 1 for commuters to Vancouver and Surrey. Families will appreciate the proximity to top-rated schools and the vibrant downtown Langley scene. With its mature landscaping and established community feel, Parkside Place represents an excellent opportunity for first-time buyers and investors seeking quality affordable housing in Langley's growing market.

Amenities

Bike Room
Recreation Facilities

School Catchment

Elementary Nicomekl
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 $1,710/mo $286,392 $321/mo 4.8%
Condo 2 $2,282/mo $398,706 $475/mo 4.5%
Condo 3 $2,916/mo $686,786 $681/mo 3.3%

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

Sold Apartment/Condo
$469,000

304 20088 55A AVENUE

2 2 1,015 sqft
Sold Apartment/Condo
$595,000

403 20088 55A AVENUE

2 2 1,209 sqft
Sold Apartment/Condo
$542,000

308 20088 55A AVENUE

2 2 1,019 sqft

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$428,000Median home value
$72,000Median household income
57.5%Owner-occupied
2.9%Single-detached homes
2Avg household size
39.6Median age
22.4%Bachelor's degree or higher (25-64)
59.3%Commute under 30 min
85.9%Drive to work
29.7%Foreign-born residents
5,317Neighbourhood population

Age

Under 15: 14.3%15 to 64: 68.2%65 and over: 17.5%
  • Under 1514.3%
  • 15 to 6468.2%
  • 65 and over17.5%

Household size

  • 1 person39.7%
  • 237%
  • 311.6%
  • 47.5%
  • 5 or more4.2%

Language spoken at home

72.6% English mother tongue

  • English + other2.9%
  • Tagalog2.6%
  • Spanish2.3%
  • Korean2.2%
  • Arabic1.9%
  • Punjabi1.3%
  • All others14.2%

Mother tongue, share of 5,280 residents.

How this pocket differs

  • notably fewer 5+ person households than Langley City 4.2% vs 6.4%
  • fewer 4-person households than Langley City 7.5% vs 10.4%
  • Median dwelling value is notably lower than Metro Vancouver $428,000 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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