Parkview Place

4850 207 Street, Langley, BC
Built 1977
Townhouse
1 active

About Parkview Place

Parkview Place offers comfortable townhouse living in the heart of Langley City at 4850 207 Street. This well-established wood frame complex, built in 1977, 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, numerous parks including Derek Doubleday Arboretum, and excellent schools. The location offers quick connectivity to Highway 1 for commuters heading to Vancouver or the Fraser Valley. Families will appreciate the proximity to recreational facilities, including the Langley Sportsplex and Al Anderson Memorial Pool. The mature landscaping and established community atmosphere make Parkview Place an ideal choice for those seeking a quiet residential setting while remaining close to all essential amenities including medical facilities, restaurants, and transit options along Fraser Highway.

Amenities

Recreation Facilities

School Catchment

Elementary Blacklock
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

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$117,000Median household income
86.6%Owner-occupied
70.2%Single-detached homes
2.9Avg household size
40.4Median age
20.4%Bachelor's degree or higher (25-64)
55%Commute under 30 min
93.9%Drive to work
14.9%Foreign-born residents
7,297Neighbourhood population

Age

Under 15: 18.2%15 to 64: 65.1%65 and over: 16.7%
  • Under 1518.2%
  • 15 to 6465.1%
  • 65 and over16.7%

Household size

  • 1 person14.9%
  • 233.7%
  • 316.8%
  • 421.6%
  • 5 or more12.9%

Language spoken at home

84.4% English mother tongue

  • Punjabi2.6%
  • English + other1.5%
  • Mandarin1%
  • Spanish0.9%
  • German0.8%
  • French0.8%
  • All others8%

Mother tongue, share of 7,290 residents.

How this pocket differs

  • notably fewer people living alone than Langley City 15% vs 35.5%
  • notably more 4-person households than Langley City 21.7% vs 10.4%
  • notably more 5+ person households than Langley City 13% vs 6.4%
  • Median household income is higher than Metro Vancouver $117,000 vs $90,000

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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