The Fairmont

19528 Fraser Highway, Surrey, BC
Built 1995
107 units
Lowrise
1 active

About The Fairmont

Fairmont is a set of one and two bedroom condos with some units having views of Mount Baker. Maintenance fees include gas and hot water.

Amenities

Clubhouse
Exercise Centre
Sauna/Steam Room
Recreation Facilities

School Catchment

Investor Insights — Condos in Cloverdale BC

Estimated rental yields based on MLS data for condos in Cloverdale BC.

Type Beds Avg Rent Avg List Price Strata Net Yield
Condo 2 $2,175/mo $559,729 $486/mo 2.9%

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

2 homes have sold in The Fairmont 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.
$600,000Median home value
$93,000Median household income
86.3%Owner-occupied
32.8%Single-detached homes
2.5Avg household size
41.6Median age
22.7%Bachelor's degree or higher (25-64)
51.9%Commute under 30 min
90.5%Drive to work
23.2%Foreign-born residents
2,616Neighbourhood population

Age

Under 15: 16.3%15 to 64: 65.1%65 and over: 18.6%
  • Under 1516.3%
  • 15 to 6465.1%
  • 65 and over18.6%

Household size

  • 1 person27%
  • 235.8%
  • 317.2%
  • 412.7%
  • 5 or more7.4%

Language spoken at home

73.9% English mother tongue

  • Punjabi5%
  • English + other3.2%
  • Tagalog2.8%
  • Korean2%
  • Vietnamese1.4%
  • Mandarin1%
  • All others10.7%

Mother tongue, share of 2,505 residents.

How this pocket differs

  • more seniors 65+ than Cloverdale BC 18.5% vs 14.6%
  • notably fewer 5+ person households than Cloverdale BC 7.4% vs 16.9%
  • notably fewer 4-person households than Cloverdale BC 12.7% vs 20.7%
  • notably more people living alone than Cloverdale BC 27% vs 17.9%
  • notably fewer Punjabi speakers than Cloverdale BC 5% vs 14.1%
  • Median dwelling value is notably lower than Metro Vancouver $600,000 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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