Carriage Lane

11358 Cottonwood Drive, Surrey, BC
Built 1985
144 units
Lowrise
3 active

About Carriage Lane

Carriage Lane is a well-established 144-unit lowrise residential building located in the heart of Whalley, Surrey, BC. Built in 1985, this wood frame structure offers affordable living in one of Surrey's most vibrant and accessible neighborhoods. Situated on 100 Avenue, residents enjoy convenient access to shopping, dining, and entertainment at nearby Whalley Centre and Scott Road commercial corridors. The location provides excellent connectivity to major transit routes, making commuting to Vancouver and other Lower Mainland destinations seamless. Whalley has undergone significant revitalization, featuring new restaurants, cafes, and mixed-use developments alongside established community services. This lowrise community appeals to first-time buyers, investors, and those seeking convenient urban living with a neighborhood feel. Close proximity to parks, schools, and healthcare facilities makes Carriage Lane an attractive choice for diverse demographics looking for value and convenience in Surrey's dynamic Whalley district.

School Catchment

Investor Insights — Condos in Whalley

Estimated rental yields based on MLS data for condos in Whalley.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,774/mo $284,790 $344/mo 4.9%
Condo 2 $2,316/mo $424,944 $485/mo 4.3%
Condo 3 $2,814/mo $537,000 $591/mo 4.3%

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

1 home has sold in Carriage Lane in the past year

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$500,000Median home value
$73,000Median household income
51%Owner-occupied
7.6%Single-detached homes
2.5Avg household size
41.2Median age
31.1%Bachelor's degree or higher (25-64)
39.5%Commute under 30 min
63.7%Drive to work
49%Foreign-born residents
4,184Neighbourhood population

Age

Under 15: 13.8%15 to 64: 67.9%65 and over: 18.3%
  • Under 1513.8%
  • 15 to 6467.9%
  • 65 and over18.3%

Household size

  • 1 person30.6%
  • 232.5%
  • 313.7%
  • 413.1%
  • 5 or more10.2%

Language spoken at home

45.5% English mother tongue

  • Tagalog6.7%
  • Punjabi6.3%
  • English + other6.3%
  • Mandarin3.7%
  • Hindi2.4%
  • Arabic2.4%
  • All others26.7%

Mother tongue, share of 4,035 residents.

How this pocket differs

  • more seniors 65+ than Whalley 18.3% vs 12.4%
  • more 4-person households than Whalley 13% vs 10.5%
  • notably fewer Mandarin speakers than Whalley 3.7% vs 5.6%
  • fewer Punjabi speakers than Whalley 6.3% vs 9%
  • Median dwelling value is notably lower than Metro Vancouver $500,000 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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