Wheatcroft Manor

20460 54 Avenue, Langley, BC
Built 1977
41 units
Lowrise
1 active

About Wheatcroft Manor

Wheatcroft Manor offers comfortable lowrise living in the heart of Langley City at 20460 54 Avenue. This well-established 41-unit wood frame building, constructed 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 Willowbrook Shopping Centre, numerous parks including Derek Doubleday Arboretum, and excellent transit connections along Fraser Highway. The building's prime location puts you minutes from Highway 1 for seamless commuting to Vancouver, while local amenities like Save-On-Foods, restaurants, and medical facilities are all within walking distance. Langley City's vibrant downtown core offers a growing arts scene, farmers markets, and community events. With its mature landscaping and established community feel, Wheatcroft Manor represents an excellent opportunity for first-time buyers, downsizers, or investors seeking stable rental income in this rapidly appreciating Fraser Valley market.

Amenities

Exercise Centre
Caretaker

School Catchment

Elementary Douglas Park
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 $1,726/mo $303,506 $338/mo 4.5%
Condo 2 $2,296/mo $410,788 $460/mo 4.5%
Condo 3 $3,150/mo $712,583 $710/mo 3.5%

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

Sold Apartment/Condo
$278,000

313 20460 54 AVENUE

1 1 1,035 sqft
Sold Apartment/Condo
$313,500

105 20460 54TH AVENUE

2 2 1,176 sqft
Sold Apartment/Condo
$307,000

314 20460 54TH AVENUE

2 1 1,066 sqft
Sold Apartment/Condo
$278,500

312 20460 54 AVENUE

2 1 1,042 sqft
Sold Apartment/Condo
$292,500

106 20460 54 AVENUE

1 1 756 sqft
Sold Apartment/Condo
$340,000

103 20460 54 AVENUE

1 1 1,018 sqft

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$400,000Median home value
$46,400Median household income
35.7%Owner-occupied
0.6%Single-detached homes
1.7Avg household size
56.4Median age
16.4%Bachelor's degree or higher (25-64)
59.9%Commute under 30 min
76.9%Drive to work
22.4%Foreign-born residents
5,125Neighbourhood population

Age

Under 15: 10.2%15 to 64: 53.6%65 and over: 36.2%
  • Under 1510.2%
  • 15 to 6453.6%
  • 65 and over36.2%

Household size

  • 1 person55.3%
  • 227.7%
  • 39.5%
  • 44.8%
  • 5 or more2.7%

Language spoken at home

76.8% English mother tongue

  • English + other2.6%
  • Spanish2.3%
  • Punjabi1.3%
  • German1.3%
  • French1.3%
  • Tagalog1.2%
  • All others13.2%

Mother tongue, share of 4,480 residents.

How this pocket differs

  • notably more seniors 65+ than Langley City 36.2% vs 20%
  • notably fewer children under 15 than Langley City 10.2% vs 15.3%
  • notably fewer 5+ person households than Langley City 2.7% vs 6.4%
  • notably fewer 4-person households than Langley City 4.8% vs 10.4%
  • notably more people living alone than Langley City 55.4% vs 35.5%
  • Median household income is notably lower than Metro Vancouver $46,400 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $400,000 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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