The Boroughs

2070 Oak Meadows Drive, Surrey, BC
Built 2022
127 units
Townhouse
3 active

About The Boroughs

The Boroughs, in South Surrey's Grandview Heights, is a multi-phased community making up 321 townhomes. These 2 and 3 bedroom townhomes are inspired by neo-Georgian to west coast contemporary styles. Sizes range from 1,300 to over 1,600 square feet. 

Amenities

Clubhouse
Recreation Facilities

School Catchment

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 $801,509 $388/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

5 homes have sold in The Boroughs 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.
$1,460,000Median home value
$111,000Median household income
75.7%Owner-occupied
42.5%Single-detached homes
2.9Avg household size
36Median age
48.6%Bachelor's degree or higher (25-64)
52.6%Commute under 30 min
91.9%Drive to work
39.3%Foreign-born residents
9,052Neighbourhood population

Age

Under 15: 21.8%15 to 64: 68.8%65 and over: 9.3%
  • Under 1521.8%
  • 15 to 6468.8%
  • 65 and over9.3%

Household size

  • 1 person14.7%
  • 229.8%
  • 322.5%
  • 421.6%
  • 5 or more11.4%

Language spoken at home

52.7% English mother tongue

  • Mandarin19.6%
  • Punjabi6.1%
  • English + other4.8%
  • Cantonese3.2%
  • Korean2.2%
  • Spanish1.2%
  • All others10.2%

Mother tongue, share of 9,050 residents.

How this pocket differs

  • more 5+ person households than Grandview Surrey 11.5% vs 8.7%
  • more Punjabi speakers than Grandview Surrey 6.1% vs 4.1%
  • Median household income is higher than Metro Vancouver $111,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,460,000 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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