Lakewood Grove

8257 121A Street, Surrey, BC
Built 1991
20 units
Townhouse
2 active

About Lakewood Grove

Lakewood Grove is a set of 3 bedroom, 1,515 square foot homes with side by side garages and generous backyards.

Amenities

Clubhouse

School Catchment

Elementary Kennedy Trail
Secondary L.A. Matheson

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in Queen Mary Park Surrey

Estimated rental yields based on MLS data for townhouses in Queen Mary Park Surrey.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,740/mo $375,310 $370/mo 3.6%
Condo 2 $2,187/mo $421,833 $410/mo 4.2%
House 3 $3,050/mo $952,200 3.2%

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

Sold Townhouse
$890,000

12 8257 121A STREET

3 2.5 1,515 sqft
Sold Townhouse
$850,000

1 8257 121A STREET

3 2.5 1,568 sqft
Sold Townhouse
$855,000

18 8257 121A STREET

3 2.5 1,505 sqft

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3 homes have sold in Lakewood Grove

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$500,000Median home value
$86,000Median household income
71.1%Owner-occupied
13.5%Single-detached homes
2.9Avg household size
37.2Median age
24.4%Bachelor's degree or higher (25-64)
48.1%Commute under 30 min
79.8%Drive to work
49%Foreign-born residents
5,202Neighbourhood population

Age

Under 15: 15.6%15 to 64: 70.2%65 and over: 14.2%
  • Under 1515.6%
  • 15 to 6470.2%
  • 65 and over14.2%

Household size

  • 1 person23.7%
  • 226.5%
  • 315.9%
  • 418.2%
  • 5 or more15.6%

Language spoken at home

35.8% Punjabi mother tongue

  • English33.8%
  • English + other8.6%
  • Hindi4.8%
  • Tagalog4.1%
  • Urdu1.6%
  • Spanish1.3%
  • All others10%

Mother tongue, share of 5,185 residents.

How this pocket differs

  • notably fewer 5+ person households than Queen Mary Park Surrey 15.7% vs 26.2%
  • more people living alone than Queen Mary Park Surrey 23.9% vs 16%
  • notably more Tagalog speakers than Queen Mary Park Surrey 4.1% vs 2.4%
  • fewer Punjabi speakers than Queen Mary Park Surrey 35.8% vs 48.6%
  • Median dwelling value is notably lower than Metro Vancouver $500,000 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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