Park Place Estates

13725 72A Avenue, Surrey, BC
Built 1990
60 units
Townhouse
2 active

About Park Place Estates

Park Place Estates is a gated community for 40+. All of these townhouses are two bedrooms with two bathrooms with gas fireplaces.

Amenities

Club house, rec centre and a detached workshop.

School Catchment

Elementary Bear Creek
Secondary Frank Hurt

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in East Newton

Estimated rental yields based on MLS data for townhouses in East Newton.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 2 $2,325/mo $518,676 $465/mo 3.6%
Townhouse 3 $2,915/mo $659,519 $345/mo 4.1%

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

Sold Townhouse
$640,000

231 13725 72A AVENUE

2 2 1,423 sqft
Sold Townhouse
$630,100

119 13725 72A AVENUE

2 2 1,250 sqft
Sold Townhouse
$622,000

130 13725 72A AVENUE

2 2 1,183 sqft
Sold Townhouse
$615,000

129 13725 72A AVENUE

2 2 1,250 sqft
Sold Townhouse
$720,000

202 13725 72A AVENUE

2 2 1,535 sqft
Sold Townhouse
$730,700

206 13725 72A AVENUE

2 2 1,417 sqft

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6 homes have sold in Park Place Estates

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$448,000Median home value
$76,500Median household income
72%Owner-occupied
0.9%Single-detached homes
2.6Avg household size
38.8Median age
33.4%Bachelor's degree or higher (25-64)
46.1%Commute under 30 min
73.6%Drive to work
51.4%Foreign-born residents
4,363Neighbourhood population

Age

Under 15: 17.3%15 to 64: 67%65 and over: 15.7%
  • Under 1517.3%
  • 15 to 6467%
  • 65 and over15.7%

Household size

  • 1 person29.9%
  • 226.1%
  • 317.3%
  • 416.7%
  • 5 or more10%

Language spoken at home

40.8% English mother tongue

  • Punjabi20.1%
  • English + other8.4%
  • Tagalog6%
  • Hindi4.9%
  • Spanish2.4%
  • Urdu1.4%
  • All others16%

Mother tongue, share of 4,360 residents.

How this pocket differs

  • notably fewer 5+ person households than East Newton 10% vs 25.1%
  • notably more people living alone than East Newton 29.9% vs 17.5%
  • notably more Tagalog speakers than East Newton 6% vs 2.8%
  • notably fewer Punjabi speakers than East Newton 20.1% vs 41.3%
  • more Hindi speakers than East Newton 4.9% vs 3.7%
  • Median dwelling value is notably lower than Metro Vancouver $448,000 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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