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About Forest Gate
Forest Gate at 5839 Panorama Drive is one of several complexes in the Sullivan Station area. Forest Gate is steps away from YMCA, IGA, many restaurants and shopping.
School Catchment
Elementary
Sullivan
Secondary
Sullivan Heights
Investor Insights — Townhouses in Sullivan Station
Estimated rental yields based on MLS data for townhouses in Sullivan Station.
| Type | Beds | Avg Rent | Avg Sale | Strata | Net Yield |
|---|---|---|---|---|---|
| Townhouse | 2 | $2,800/mo | $604,773 | $382/mo | 4.1% |
| Townhouse | 3 | $2,906/mo | $715,014 | $391/mo | 3.6% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
1 active listing in Forest Gate
Sold
Townhouse
$684,000
42 5839 PANORAMA DRIVE
3
2.5
1,390 sqft
Sold
Townhouse
$539,000
54 5839 PANORAMA DRIVE
2
1
1,048 sqft
Sold
Townhouse
$625,000
35 5839 PANORAMA DRIVE
2
2
1,222 sqft
Sold
Townhouse
$724,000
21 5839 PANORAMA DRIVE
2
2
1,107 sqft
3 homes have sold in Forest Gate 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.
$890,000Median home value
$117,000Median household income
79.6%Owner-occupied
35.7%Single-detached homes
3Avg household size
36.8Median age
39.9%Bachelor's degree or higher (25-64)
55.9%Commute under 30 min
87.3%Drive to work
40%Foreign-born residents
5,619Neighbourhood population
Age
- Under 1521.4%
- 15 to 6469.7%
- 65 and over8.9%
Household size
- 1 person17.6%
- 223.8%
- 319.5%
- 424.9%
- 5 or more14.3%
Language spoken at home
56% English mother tongue
Mother tongue, share of 5,615 residents.
How this pocket differs
- fewer 5+ person households than Sullivan Station 14.3% vs 19.2%
- more people living alone than Sullivan Station 17.5% vs 14%
- notably fewer Punjabi speakers than Sullivan Station 13.3% vs 27.5%
- Median household income is higher than Metro Vancouver $117,000 vs $90,000
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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