The Madison

1787 154 Street, Surrey, BC
Built 2006
89 units
Townhouse
No listings

About The Madison

Madison is made up of one, two and three bedroom condos ranging from 750 to 1,300 square feet. The quality construction build only offer the highest quality of finishings including in-floor heating, crown mouldings and 9ft ceilings. The designer kitchen boasts its durable granite countertops and tiled backsplash and features stainless steel appliances. The master ensuite is deluxe with its soaker tub and separate shower. The Madison Homes are walking distance to all the essentials including the library, Semiahmoo Shopping Centre, Peninsula Village, local schools and public transit. The Madison units are outstanding city homes central for convenient living, such a great place to call home!

Amenities

Exercise Centre

School Catchment

Investor Insights — Townhouses in King George Corridor

Estimated rental yields based on MLS data for townhouses in King George Corridor.

Type Beds Avg Rent Avg List Price Strata Net Yield
Townhouse 3 $3,017/mo $798,374 $421/mo 3.3%

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

6 homes have sold in The Madison 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.
$516,000Median home value
$68,500Median household income
79.7%Owner-occupied
13.4%Single-detached homes
1.8Avg household size
65.5Median age
34.1%Bachelor's degree or higher (25-64)
57.6%Commute under 30 min
80.8%Drive to work
33.1%Foreign-born residents
3,641Neighbourhood population

Age

Under 15: 7%15 to 64: 41.9%65 and over: 51.1%
  • Under 157%
  • 15 to 6441.9%
  • 65 and over51.1%

Household size

  • 1 person47.3%
  • 236.9%
  • 38.7%
  • 44.9%
  • 5 or more2.2%

Language spoken at home

70.3% English mother tongue

  • Mandarin5.8%
  • German2.5%
  • English + other2.3%
  • Punjabi2%
  • Tagalog1.5%
  • French1.5%
  • All others14.1%

Mother tongue, share of 3,430 residents.

How this pocket differs

  • notably fewer children under 15 than King George Corridor 7% vs 13.2%
  • notably more seniors 65+ than King George Corridor 51.1% vs 31.7%
  • notably fewer 5+ person households than King George Corridor 2.2% vs 6.2%
  • notably fewer 4-person households than King George Corridor 4.9% vs 12.6%
  • notably more people living alone than King George Corridor 47.3% vs 30.4%
  • fewer Mandarin speakers than King George Corridor 5.8% vs 8.2%
  • Median household income is lower than Metro Vancouver $68,500 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $516,000 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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