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 List Price Strata Net Yield
Condo 1 $1,758/mo $424,652 $345/mo 3.2%
Condo 2 $2,236/mo $534,407 $468/mo 3.3%
House 3 $3,050/mo $1,123,700 — 2.7%

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

Sold Townhouse
$•••

12 8257 121A STREET

3 2.5 1,515 sqft
Sold Townhouse
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1 8257 121A STREET

3 2.5 1,568 sqft
Sold Townhouse
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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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