Paradise Lane

8918 128 Street, Surrey, BC
Built 2007
11 units
Townhouse
No listings

About Paradise Lane

Paradise Lane at 8918 128 Street is boutique complex of only 11 units with fully finished basements.

Amenities

Garden, playground

School Catchment

Elementary David Brankin
Secondary Queen Elizabeth

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 $429,963 $411/mo 4.1%
House 3 $3,050/mo $952,200 3.2%

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

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No recent sales found for this building.

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,300,000Median home value
$105,000Median household income
56.9%Owner-occupied
24.7%Single-detached homes
3.9Avg household size
33.2Median age
30.4%Bachelor's degree or higher (25-64)
48.8%Commute under 30 min
78.6%Drive to work
49.3%Foreign-born residents
5,805Neighbourhood population

Age

Under 15: 14.8%15 to 64: 71.9%65 and over: 13.3%
  • Under 1514.8%
  • 15 to 6471.9%
  • 65 and over13.3%

Household size

  • 1 person10.2%
  • 218.7%
  • 317.3%
  • 420.4%
  • 5 or more33.3%

Language spoken at home

57.3% Punjabi mother tongue

  • English21.8%
  • English + other7.5%
  • Hindi3.6%
  • Vietnamese1.1%
  • Tagalog1%
  • Arabic0.8%
  • All others6.9%

Mother tongue, share of 5,770 residents.

How this pocket differs

  • notably fewer people living alone than Queen Mary Park Surrey 10.1% vs 16%
  • more 5+ person households than Queen Mary Park Surrey 33.1% vs 26.2%
  • fewer Hindi speakers than Queen Mary Park Surrey 3.6% vs 4.8%
  • Median dwelling value is higher than Metro Vancouver $1,300,000 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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