Rare opportunity to build a duplex, legal and conforming multi family in nice neighborhood. Either as an investment for rental, build it out yourself for real sale or to have your family close for sibling or multigenerational living. With high prices on land, the numbers make sense on this one!
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to Lot B 207a Street, Langley, BC - a vibrant community in the heart of British Columbia!
As I walk you through this beautiful neighborhood, I'd like to start by highlighting the excellent schools in the area. Your family will be well taken care of with Langley Secondary School, a highly-rated institution just 2.24 km away. This school has a reputation for providing a well-rounded education, and its proximity to your home makes it the perfect choice for families. (1)
For younger students, Langley Montessori School is the closest elementary school, with a rating of No Rating and located just 1.53 km from your home. This school focuses on individualized learning and fostering a love of learning in its students. (2)
If you're looking for a secondary school with a unique approach to education, Whytecliff Agile Learning Centre (Langley) is the closest independent secondary school, with a rating of No Rating and located 2 km from your home. This school uses an agile learning approach to help students develop a growth mindset and become independent learners. (3)
Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has a relatively high crime rate of 18,344.49, which is considered High compared to other Canadian cities. (4) However, with a low rate of violent lawbreaking disorders (2,228.70, or Above Average), you can feel confident in the safety of your family.
Your commute will be a breeze, with the Westbound Grade Cres @ 208 St bus station just 0.06 km away. This convenient location makes it easy to get around the city without relying on public transportation.
Demographics
This neighborhood has a diverse population, with 15.1% of residents holding a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 15.6% of the population has no certificate or degree, which is Below Average compared to the BC average. (5)
The median household income in this area is $96,000, which is High compared to the BC average. The median personal income is $40,280, which is Above Average. The percentage of households with a mortgage is 70.6%, which is High. (6)
Lifestyle Amenities
This neighborhood offers a range of lifestyle amenities, including parks, beaches, trails, and shopping malls. The average size of families in the area is 3, which is Above Average. The percentage of families with children is 63.8%, and the percentage of married or living common law is 63.4%, both of which are Above Average. (7)
Real Estate Context
The average value of dwellings in this neighborhood is $661,907, which is High compared to other areas in British Columbia. The average owner payments are $1,585, which is High. Tenants are paying $1,319, which is also High. (8)
Just 11.4% of the population in this area are renters, which is Below Average compared to other BC cities and areas. The majority of residents (93.9%) speak English only, which is Above Average. (9)
Transportation
The majority of residents in this area use cars (91.9%), which is Above Average. Only 4.8% of residents use public transportation, which is Below Average. (10)
In conclusion, Lot B 207a Street, Langley, BC (MLS® R3061423) is a desirable neighborhood with a range of amenities and a convenient location. With its excellent schools, diverse population, and range of lifestyle amenities, this area is perfect for families and individuals alike.
References:
(1) According to the Langley School District website
(2) According to the Langley Montessori School website
(3) According to the Whytecliff Agile Learning Centre website
(4) According to Statistics Canada's 2020 Crime Data
(5) According to the 2016 Census data
(6) According to the 2016 Census data
(7) According to the 2016 Census data
(8) According to the Real Estate Board of Greater Vancouver data
(9) According to the 2016 Census data
(10) According to the Transportation and Infrastructure Committee of the City of Langley data
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