Lake Bridge

5811 122 Street, Surrey, BC
Built 2001
74 units
Townhouse
No listings

About Lake Bridge

Lake Bridge in Boundary Park is a set of large two storey plus basement duplexes with good size backyards.

Amenities

Clubhouse
Recreation Facilities

School Catchment

Elementary Boundary Park
Secondary Tamanawis

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in Panorama Ridge

Estimated rental yields based on MLS data for townhouses in Panorama Ridge.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 4 $3,750/mo $782,443 $374/mo 4.6%

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

No active listings at this time.

Sold Townhouse
$950,000

41 5811 122 STREET

3 3 3,433 sqft
Sold Townhouse
$1,135,000

43 5811 122 STREET

4 3.5 3,540 sqft
Sold Townhouse
$1,117,000

#23 5811 122 STREET

3 3.5 3,269 sqft
Sold Townhouse
$1,148,000

43 5811 122 STREET

3 2.5 2,312 sqft
Sold Townhouse
$1,220,000

75 5811 122 STREET

4 3.5 3,380 sqft
Sold Townhouse
$1,180,000

23 5811 122ND STREET

4 3.5 3,272 sqft

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3 homes have sold in Lake Bridge in the past year

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$105,000Median household income
84.4%Owner-occupied
41.4%Single-detached homes
2.7Avg household size
48.8Median age
38.9%Bachelor's degree or higher (25-64)
54.6%Commute under 30 min
88.1%Drive to work
43.4%Foreign-born residents
3,674Neighbourhood population

Age

Under 15: 12.3%15 to 64: 59.8%65 and over: 27.9%
  • Under 1512.3%
  • 15 to 6459.8%
  • 65 and over27.9%

Household size

  • 1 person19.9%
  • 238.6%
  • 314%
  • 415.1%
  • 5 or more12.5%

Language spoken at home

53.5% English mother tongue

  • Punjabi19.8%
  • English + other4.8%
  • Mandarin4.4%
  • Cantonese2.5%
  • Hindi2.5%
  • Tagalog1.1%
  • All others11.4%

Mother tongue, share of 3,670 residents.

How this pocket differs

  • notably more seniors 65+ than Panorama Ridge 27.9% vs 17%
  • fewer children under 15 than Panorama Ridge 12.2% vs 15.5%
  • notably fewer 5+ person households than Panorama Ridge 12.5% vs 24.8%
  • more people living alone than Panorama Ridge 19.9% vs 13.3%
  • fewer 4-person households than Panorama Ridge 15.1% vs 20.1%
  • notably more Mandarin speakers than Panorama Ridge 4.4% vs 1.7%

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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