Fraserview Terrace: A Complete Guide to Bridgeview's Riverside Townhouse Community
Tucked into the quiet residential enclave of Bridgeview in North Surrey, Fraserview Terrace is a well-established townhouse community that offers spacious 2 and 3 bedroom homes at 11255 132nd Street. Built in 2008, this 52-unit development has become a go-to option for families and buyers seeking more square footage than a condo can offer — without the full price tag of a detached home.
Why Fraserview Terrace Stands Out
In a market where townhouse inventory is competitive and prices are climbing, Fraserview Terrace offers something genuinely rare: select units with views of the Fraser River. The community was thoughtfully designed with the natural setting in mind, and those river-facing homes are among the most sought-after in the building. Whether you're enjoying morning coffee overlooking the water or watching the evening light change across the Fraser, these views add a lifestyle dimension that's hard to put a price on.
- Built: 2008
- Total Units: 52 townhomes
- Unit Types: 2 and 3 bedroom floor plans
- Address: 11255 132nd Street, Surrey (Bridgeview)
- Highlights: River views available on select units, family-friendly layout, established community
About the Bridgeview Neighbourhood
Bridgeview is one of North Surrey's more understated neighbourhoods — often overlooked in favour of flashier areas, but quietly popular with buyers who know what they're looking for. Situated near the banks of the Fraser River and bordered by major transit and highway corridors, Bridgeview offers solid connectivity to both Surrey City Centre and Vancouver. Learn more about the local context on our Bridgeview area page.
The neighbourhood is primarily residential with a mix of single-family homes and newer townhouse developments like Fraserview Terrace. It's a practical choice for families who want more space and a community feel without paying Fleetwood or Clayton prices. Speaking of which, if you're comparing options across North Surrey, it's worth exploring Fleetwood Tynehead and Clayton as well — both have active townhouse markets of their own.
The Townhouse Market in Surrey Right Now
Surrey's townhouse segment is seeing strong interest heading into the current market cycle. In Whalley alone, there are 731 active listings with an average price around $795,000 — making North Surrey one of the more accessible entry points for buyers transitioning out of condo living. Fraserview Terrace, with its 2008 build quality and riverside positioning, sits well within this value bracket while offering more character than many of the newer cookie-cutter builds in the area.
If you want to compare what else is available, browse our full condo and townhouse listings across Surrey, or use our interactive map to explore inventory by location. You can also view all buildings we cover across Surrey and Cloverdale.
What to Know Before You Buy at Fraserview Terrace
Unit Size and Layout
The 2 and 3 bedroom layouts at Fraserview Terrace are designed with practical family living in mind. Expect open-concept main floors, dedicated dining areas, and private outdoor spaces. Three-bedroom units are particularly well-suited for growing families or buyers who need a dedicated home office.
River View Units
Not all 52 units enjoy the same outlook, so if a Fraser River view is important to you, it's worth asking specifically about which units face the water. These homes tend to hold their value well and attract more competitive offers, so be prepared to act decisively if one comes to market.
Strata Considerations
As with any townhouse strata, reviewing the depreciation report, meeting minutes, and maintenance history is essential before making an offer. Fraserview Terrace is now well past its initial warranty period, so understanding the building envelope condition and any upcoming capital expenses is critical due diligence.
Is Fraserview Terrace Right for You?
Fraserview Terrace appeals most strongly to families looking for a turnkey townhouse in a quieter part of Surrey, first-time buyers stepping up from a condo, and investors looking for rental-friendly multi-bedroom units near transit. The river view factor adds an aspirational quality that keeps demand steady even in slower markets.
To see current listings and detailed information, visit the Fraserview Terrace building page. You can also search all available listings across Surrey or connect with our team to get specific advice on this building or the broader Bridgeview market.
Explore More Surrey Real Estate Resources
Whether you're buying, selling, or just researching, our partners can help. Check out South Surrey White Rock Realtors for expert guidance in the South Surrey corridor, browse White Rock Real Estate Listings for oceanside properties, or explore Langley Homes For Sale if you're considering the Township as part of your search.