Lakewood Terrace

12088 66 Avenue, Surrey, BC
Built 1995
102 units
Lowrise
2 active

About Lakewood Terrace

Lakewood Terrace is two addresses that make up the 51 unit condo strata. Gas fireplaces and radiant heating which are included in your strata fees. 

Amenities

Clubhouse
Recreation Facilities

School Catchment

Investor Insights — Condos in West Newton

Estimated rental yields based on MLS data for condos in West Newton.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 2 $2,336/mo $475,283 $458/mo 4.0%

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

4 homes have sold in Lakewood Terrace 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.
$685,000Median home value
$94,000Median household income
70.6%Owner-occupied
6.9%Single-detached homes
3.1Avg household size
36.4Median age
32.7%Bachelor's degree or higher (25-64)
48.9%Commute under 30 min
80%Drive to work
51.7%Foreign-born residents
5,882Neighbourhood population

Age

Under 15: 17.9%15 to 64: 69.9%65 and over: 12.2%
  • Under 1517.9%
  • 15 to 6469.9%
  • 65 and over12.2%

Household size

  • 1 person19.6%
  • 223.6%
  • 318.8%
  • 419.4%
  • 5 or more18.6%

Language spoken at home

39.9% Punjabi mother tongue

  • English29.8%
  • English + other7.9%
  • Mandarin4.4%
  • Hindi3.9%
  • Tagalog2%
  • Cantonese1.4%
  • All others10.7%

Mother tongue, share of 5,880 residents.

How this pocket differs

  • fewer 5+ person households than West Newton 18.6% vs 27.4%
  • more people living alone than West Newton 19.6% vs 14.6%
  • notably more Mandarin speakers than West Newton 4.4% vs 0.9%
  • fewer Punjabi speakers than West Newton 39.9% vs 51.1%
  • Median dwelling value is notably lower than Metro Vancouver $685,000 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.

Book a Showing