Redwood Lane

21535 88 Avenue, Langley, BC
Built 2005
55 units
Townhouse
1 active

About Redwood Lane

Redwood Lane offers exceptional townhouse living in the desirable Walnut Grove neighbourhood of Langley, BC. This intimate 55-unit wood frame development, built in 2005, provides residents with a perfect blend of suburban tranquility and urban convenience. Located on 88 Avenue, residents enjoy easy access to top-rated schools including Walnut Grove Elementary and Secondary, making it ideal for families. The neighbourhood features excellent shopping at Willowbrook Shopping Centre, scenic walking trails along the Nicomekl River, and quick access to Highway 1 for commuting to Vancouver. Walnut Grove's tree-lined streets, parks, and recreational facilities create a true sense of community. Each townhouse at Redwood Lane combines modern comfort with practical design, offering spacious layouts perfect for growing families or professionals seeking a quiet retreat from city life while maintaining connectivity to urban amenities.

Amenities

Private fenced yard or patio
Attached garage
Visitor parking
In-suite laundry
Private entrance
Multiple levels of living space
Storage areas
Individual driveways
Green space common areas
Pet-friendly community

School Catchment

Elementary James Kennedy
Secondary Walnut Grove

Investor Insights — Townhouses in Walnut Grove

Estimated rental yields based on MLS data for townhouses in Walnut Grove.

Type Beds Avg Rent Avg Sale Strata Net Yield
House 3 $3,225/mo $1,214,977 2.7%

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

Sold Townhouse
$712,300

31 21535 88 AVENUE

3 2.5 1,434 sqft
Sold Townhouse
$875,000

13 21535 88 AVENUE

3 3 1,666 sqft
Sold Townhouse
$797,000

50 21535 88 AVENUE

3 2.5 1,385 sqft
Sold Townhouse
$810,000

4 21535 88 AVENUE

3 2.5 1,522 sqft

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$129,000Median household income
90.2%Owner-occupied
65.8%Single-detached homes
3Avg household size
40.8Median age
28.4%Bachelor's degree or higher (25-64)
58.5%Commute under 30 min
93.4%Drive to work
17%Foreign-born residents
6,418Neighbourhood population

Age

Under 15: 19.5%15 to 64: 65.7%65 and over: 14.8%
  • Under 1519.5%
  • 15 to 6465.7%
  • 65 and over14.8%

Household size

  • 1 person13.8%
  • 231.2%
  • 316.9%
  • 424.6%
  • 5 or more13.4%

Language spoken at home

83.1% English mother tongue

  • Mandarin2.7%
  • Korean2%
  • English + other1.6%
  • Punjabi1.1%
  • German1%
  • Cantonese0.7%
  • All others7.8%

Mother tongue, share of 6,420 residents.

How this pocket differs

  • fewer seniors 65+ than Walnut Grove 14.8% vs 20.6%
  • fewer people living alone than Walnut Grove 13.8% vs 20.4%
  • more 5+ person households than Walnut Grove 13.3% vs 10.3%
  • more 4-person households than Walnut Grove 24.6% vs 19.9%
  • Median household income is higher than Metro Vancouver $129,000 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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