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About Chimney Ridge
Chimney Ridge is a collection of two and three bedroom townhouses ranging from 1,300 to 1,585 sqft. These units have 9' ceilings, large back yards and gas fireplaces.
Amenities
Clubhouse
School Catchment
Elementary
M.B. Sanford
Secondary
Frank Hurt
Investor Insights — Townhouses in East Newton
Estimated rental yields based on MLS data for townhouses in East Newton.
| Type | Beds | Avg Rent | Avg Sale | Strata | Net Yield |
|---|---|---|---|---|---|
| Townhouse | 2 | $2,325/mo | $518,676 | $465/mo | 3.6% |
| Townhouse | 3 | $2,915/mo | $659,519 | $345/mo | 4.1% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
2 active listings in Chimney Ridge
Sold
Townhouse
$715,000
30 7250 144 STREET
3
2
1,365 sqft
Sold
Townhouse
$852,000
35 7250 144 STREET
3
2.5
1,601 sqft
Sold
Townhouse
$780,000
25 7250 144 STREET
3
2
1,550 sqft
1 home has sold in Chimney Ridge 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.
$1,300,000Median home value
$126,000Median household income
70.3%Owner-occupied
36.6%Single-detached homes
3.8Avg household size
37.6Median age
28.6%Bachelor's degree or higher (25-64)
47.4%Commute under 30 min
83.2%Drive to work
49.6%Foreign-born residents
4,069Neighbourhood population
Age
- Under 1516.2%
- 15 to 6469.9%
- 65 and over13.9%
Household size
- 1 person10.4%
- 218.9%
- 316.5%
- 422.6%
- 5 or more31.6%
Language spoken at home
42.4% Punjabi mother tongue
Mother tongue, share of 4,070 residents.
How this pocket differs
- notably fewer people living alone than East Newton 10.4% vs 17.5%
- more 5+ person households than East Newton 31.6% vs 25.1%
- more 4-person households than East Newton 22.6% vs 18.7%
- Median household income is higher than Metro Vancouver $126,000 vs $90,000
- Median dwelling value is higher than Metro Vancouver $1,300,000 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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