Greenwood

7247 140 Street, Surrey, BC
Built 2017
39 units
Townhouse
2 active

About Greenwood

Greenwood is a stacked townhouse development made up of 39 units. The main floor units all have two bedrooms and are about 650 sqft. Above those you'll find two storey townhomes mostly 1,600 sqft with one layout closer to 1,350 sqft all with three bedrooms. Sitting close to Newton bus exchange and the shopping at 72nd and King George these townhomes have 9' ceilings on the main with large windows, 2" blinds and quartz counters.

Amenities

Bike Room
Clubhouse
Caretaker
Recreation Facilities

School Catchment

Elementary M.B. Sanford
Secondary Frank Hurt

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in East Newton

Estimated rental yields based on MLS data for townhouses in East Newton.

Type Beds Avg Rent Avg List Price Strata Net Yield
Townhouse 2 $2,325/mo $587,325 $462/mo 3.2%
Townhouse 3 $2,835/mo $688,050 $409/mo 3.6%

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

Sold Townhouse
$•••

24 7247 140 STREET

2 1 640 sqft
Sold Townhouse
$•••

34 7247 140 STREET

2 1 637 sqft

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2 homes have sold in Greenwood

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$448,000Median home value
$76,500Median household income
72%Owner-occupied
0.9%Single-detached homes
2.6Avg household size
38.8Median age
33.4%Bachelor's degree or higher (25-64)
46.1%Commute under 30 min
73.6%Drive to work
51.4%Foreign-born residents
4,363Neighbourhood population

Age

Under 15: 17.3%15 to 64: 67%65 and over: 15.7%
  • Under 1517.3%
  • 15 to 6467%
  • 65 and over15.7%

Household size

  • 1 person29.9%
  • 226.1%
  • 317.3%
  • 416.7%
  • 5 or more10%

Language spoken at home

40.8% English mother tongue

  • Punjabi20.1%
  • English + other8.4%
  • Tagalog6%
  • Hindi4.9%
  • Spanish2.4%
  • Urdu1.4%
  • All others16%

Mother tongue, share of 4,360 residents.

How this pocket differs

  • notably fewer 5+ person households than East Newton 10% vs 25.1%
  • notably more people living alone than East Newton 29.9% vs 17.5%
  • notably more Tagalog speakers than East Newton 6% vs 2.8%
  • notably fewer Punjabi speakers than East Newton 20.1% vs 41.3%
  • more Hindi speakers than East Newton 4.9% vs 3.7%
  • Median dwelling value is notably lower than Metro Vancouver $448,000 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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