Grandview

10523 University Drive, Surrey, BC
Built 2018
72 units
Townhouse
4 active

About Grandview

The Grandview is the third and final phase of Adera's South Ridge Club. This phase offers townhomes in a wider size range from 1,382 to almost 2,000 sqft. Just like their other two phases, Willsbrook and Greenway, these townhomes also offer rooftop patios ranging from 200 to over 500 square feet.

Amenities

Bike Room
Exercise Centre
Recreation Facilities

Investor Insights — Townhouses in Grandview Surrey

Estimated rental yields based on MLS data for townhouses in Grandview Surrey.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 2 $2,999/mo $740,257 $332/mo 3.7%
Townhouse 3 $3,171/mo $802,709 $387/mo 3.6%
Townhouse 4 $3,580/mo $957,026 $477/mo 3.4%

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

Sold Apartment/Condo
$438,000

1405 10523 UNIVERSITY DRIVE

2 1 708 sqft
Sold Apartment/Condo
$457,000

1306 10523 UNIVERSITY DRIVE

1 1 634 sqft
Sold Apartment/Condo
$481,000

310 10523 UNIVERSITY DRIVE

2 1 713 sqft
Sold Apartment/Condo
$487,000

1108 10523 UNIVERSITY DRIVE

2 1 680 sqft
Sold Apartment/Condo
$450,000

209 10523 UNIVERSITY DRIVE

2 1 681 sqft
Sold Apartment/Condo
$492,000

603 10523 UNIVERSITY DRIVE

2 1 715 sqft
Sold Apartment/Condo
$495,000

406 10523 UNIVERSITY DRIVE

2 1 778 sqft
Sold Townhouse
$720,000

65 15775 MOUNTAIN VIEW DRIVE

4 2.5 1,480 sqft
Sold Townhouse
$770,000

62 15775 MOUNTAIN VIEW DRIVE

4 2.5 1,591 sqft
Sold Townhouse
$942,000

30 15775 MOUNTAIN VIEW DRIVE

4 2.5 1,839 sqft
Sold Townhouse
$1,100,000

53 15775 MOUNTAIN VIEW DRIVE

4 2.5 1,985 sqft
Sold Townhouse
$960,000

43 15775 MOUNTAIN VIEW DRIVE

4 3 1,901 sqft
Sold Townhouse
$790,000

47 15775 MOUNTAIN VIEW DRIVE

3 2.5 1,382 sqft
Sold Townhouse
$830,000

40 15775 MOUNTAIN VIEW DRIVE

3 2.5 1,408 sqft
Sold Townhouse
$1,270,000

15 15775 MOUNTAIN VIEW DRIVE

5 2.5 2,011 sqft
Sold Townhouse
$847,000

71 15775 MOUNTAIN VIEW DRIVE

4 3 1,444 sqft
Sold Townhouse
$882,000

50 15775 MOUNTAIN VIEW DRIVE

4 2.5 1,427 sqft

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Neighbourhood

$750,000Median home value
$104,000Median household income
77.7%Owner-occupied
8.5%Single-detached homes
2.5Avg household size
37.2Median age
45.3%Bachelor's degree or higher (25-64)
53.3%Commute under 30 min
89.1%Drive to work
35%Foreign-born residents
7,996Neighbourhood population

Age

Under 15: 22%15 to 64: 66.3%65 and over: 11.8%
  • Under 1522%
  • 15 to 6466.3%
  • 65 and over11.8%

Household size

  • 1 person23.2%
  • 234.2%
  • 319%
  • 418.1%
  • 5 or more5.4%

Language spoken at home

60.1% English mother tongue

  • Mandarin13%
  • English + other3.9%
  • Korean2.9%
  • Cantonese2.7%
  • Punjabi1.8%
  • Spanish1.5%
  • All others14.1%

Mother tongue, share of 7,835 residents.

How this pocket differs

  • notably fewer 5+ person households than Grandview Surrey 5.4% vs 8.7%
  • more people living alone than Grandview Surrey 23.1% vs 17.8%
  • fewer Mandarin speakers than Grandview Surrey 13% vs 18%
  • Median dwelling value is lower than Metro Vancouver $750,000 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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