Pacific Gardens

12038 62 Avenue, Surrey, BC
Built 1996
16 units
Townhouse
1 active

About Pacific Gardens

Pacific Gardens in Panorama Ridge is made up of 1,600 sqft townhouses with gas fireplace, large backyards and double side by side garage.

Amenities

Clubhouse

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 $804,973 $376/mo 4.4%

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

Sold Townhouse
$952,500

1 12038 62 AVENUE

3 2.5 1,670 sqft

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1 home has sold in Pacific Gardens

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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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