Fernwood

16137 83 Avenue, Surrey, BC
Built 1995
47 units
Lowrise
1 active

About Fernwood

Fernwood is made up mostly of two bedroom units starting from about 1,000 square feet and up. All of these condos have gas fireplaces. Fernwood is surrounded by greenspace and is a short walk to both levels of school, the bus, shopping, park, and the Fleetwood Rec Centre.

Amenities

Caretaker
Recreation Facilities

School Catchment

Elementary Walnut Road
Secondary Fleetwood Park

Explore the full Surrey School Catchment Guide →

Investor Insights — Condos in Fleetwood Tynehead

Estimated rental yields based on MLS data for condos in Fleetwood Tynehead.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,761/mo $175,813 $327/mo 7.9%
Condo 2 $2,230/mo $372,609 $411/mo 4.9%
Condo 3 $2,533/mo $298,294 $446/mo 7.1%

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

Sold Apartment/Condo
$450,000

307 16137 83 AVENUE

2 2 1,020 sqft
Sold Apartment/Condo
$505,000

208 16137 83 AVENUE

2 2 1,022 sqft
Sold Apartment/Condo
$510,000

113 16137 83 AVENUE

2 2 1,000 sqft
Sold Apartment/Condo
$505,000

312 16137 83 AVENUE

2 2 1,017 sqft
Sold Apartment/Condo
$570,000

301 16137 83 AVENUE

2 2 1,028 sqft
Sold Apartment/Condo
$580,000

213 16137 83 AVENUE

2 2 1,031 sqft
Sold Apartment/Condo
$567,000

115 16137 83 AVENUE

2 2 1,079 sqft
Sold Apartment/Condo
$587,000

201 16137 83 AVENUE

2 2 1,032 sqft

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4 homes have sold in Fernwood in the past year

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$620,000Median home value
$89,000Median household income
88.7%Owner-occupied
3.4%Single-detached homes
2.7Avg household size
44.4Median age
44.4%Bachelor's degree or higher (25-64)
55.1%Commute under 30 min
82.5%Drive to work
54.8%Foreign-born residents
3,810Neighbourhood population

Age

Under 15: 16.3%15 to 64: 60.6%65 and over: 23.1%
  • Under 1516.3%
  • 15 to 6460.6%
  • 65 and over23.1%

Household size

  • 1 person22.3%
  • 228.8%
  • 320.5%
  • 419.3%
  • 5 or more9.1%

Language spoken at home

42.7% English mother tongue

  • Mandarin9.8%
  • English + other7.5%
  • Tagalog6.9%
  • Korean6.1%
  • Punjabi4.9%
  • Hindi2.7%
  • All others19.4%

Mother tongue, share of 3,710 residents.

How this pocket differs

  • more seniors 65+ than Fleetwood Tynehead 23.1% vs 17.4%
  • notably fewer 5+ person households than Fleetwood Tynehead 9.1% vs 19.2%
  • more people living alone than Fleetwood Tynehead 22.3% vs 15.2%
  • notably fewer Punjabi speakers than Fleetwood Tynehead 4.9% vs 16.8%
  • notably more Korean speakers than Fleetwood Tynehead 6.1% vs 3%
  • more Tagalog speakers than Fleetwood Tynehead 6.9% vs 4.7%
  • Median dwelling value is notably lower than Metro Vancouver $620,000 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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