Lakewood Terrace

12088 66 Avenue & 6557 121 Street, Surrey, BC
Built 1996
102 units
Lowrise
3 active

About Lakewood Terrace

Lakewood Terrace is two addresses that make up the 51 unit condo strata. Gas fireplaces and radiant heating which are included in your strata fees. 

Amenities

Recreation Facilities

School Catchment

Elementary Beaver Creek
Secondary Tamanawis

Explore the full Surrey School Catchment Guide →

Investor Insights — Condos in West Newton

Estimated rental yields based on MLS data for condos in West Newton.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 2 $2,336/mo $475,283 $458/mo 4.0%

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

Sold Apartment/Condo
$543,000

303 12088 66 AVENUE

2 1.5 1,553 sqft
Sold Apartment/Condo
$535,000

112 12088 66 AVENUE

2 2 1,049 sqft
Sold Apartment/Condo
$585,000

113 12088 66 AVENUE

2 2 1,277 sqft
Sold Apartment/Condo
$590,000

105 12088 66 AVENUE

2 2 1,040 sqft
Sold Apartment/Condo
$615,000

301 12088 66 AVENUE

2 2 1,386 sqft
Sold Apartment/Condo
$612,500

310 12088 66 AVENUE

2 2 1,363 sqft
Sold Apartment/Condo
$578,000

102 12088 66 AVENUE

2 2 1,063 sqft
Sold Apartment/Condo
$560,000

219 12088 66 AVENUE

2 2 1,112 sqft
Sold Apartment/Condo
$575,000

202 12088 66 AVENUE

2 2 1,058 sqft
Sold Apartment/Condo
$409,000

110 6557 121 STREET

1 1 788 sqft
Sold Apartment/Condo
$535,000

102 6557 121 STREET

2 2 1,026 sqft

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4 homes have sold in Lakewood Terrace 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.
$685,000Median home value
$94,000Median household income
70.6%Owner-occupied
6.9%Single-detached homes
3.1Avg household size
36.4Median age
32.7%Bachelor's degree or higher (25-64)
48.9%Commute under 30 min
80%Drive to work
51.7%Foreign-born residents
5,882Neighbourhood population

Age

Under 15: 17.9%15 to 64: 69.9%65 and over: 12.2%
  • Under 1517.9%
  • 15 to 6469.9%
  • 65 and over12.2%

Household size

  • 1 person19.6%
  • 223.6%
  • 318.8%
  • 419.4%
  • 5 or more18.6%

Language spoken at home

39.9% Punjabi mother tongue

  • English29.8%
  • English + other7.9%
  • Mandarin4.4%
  • Hindi3.9%
  • Tagalog2%
  • Cantonese1.4%
  • All others10.7%

Mother tongue, share of 5,880 residents.

How this pocket differs

  • fewer 5+ person households than West Newton 18.6% vs 27.4%
  • more people living alone than West Newton 19.6% vs 14.6%
  • notably more Mandarin speakers than West Newton 4.4% vs 0.9%
  • fewer Punjabi speakers than West Newton 39.9% vs 51.1%
  • Median dwelling value is notably lower than Metro Vancouver $685,000 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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