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About Parkwoods Cedar
Parkwoods Cedar is a well-established 4-5 storey wood frame lowrise residential building located at 13501 96 Avenue in the heart of Whalley, Surrey, BC. Built in the mid-1980s, this 72-unit community offers convenient urban living in one of Surrey's most accessible neighborhoods. The building is ideally positioned within walking distance to the King George SkyTrain station, making it an excellent choice for commuters and transit-dependent residents. Residents enjoy immediate proximity to Surrey Memorial Hospital, Surrey Central Mall, and an array of shopping and dining options including Save-on-Foods, T&T Market, and Walmart. The quiet, open-space neighborhood provides a peaceful residential atmosphere while remaining steps away from schools, parks, and entertainment venues. The building's central location also offers convenient access to upcoming educational facilities including the UBC Surrey campus and future SFU medical school. Parkwoods Cedar combines practical transit accessibility with neighborhood tranquility, making it an attractive option for first-time buyers, investors, and those seeking to downsize to a well-managed, centrally-located community.
Amenities
School Catchment
Investor Insights — Condos in Whalley
Estimated rental yields based on MLS data for condos in Whalley.
| Type | Beds | Avg Rent | Avg Sale | Strata | Net Yield |
|---|---|---|---|---|---|
| Condo | 1 | $1,769/mo | $272,640 | $345/mo | 5.1% |
| Condo | 2 | $2,316/mo | $414,976 | $490/mo | 4.4% |
| Condo | 3 | $2,818/mo | $520,500 | $595/mo | 4.4% |
Net yield accounts for strata fees, property tax, and insurance. View full analysis
1 active listing in Parkwoods Cedar
312 13501 96 AVENUE
210 13501 96 AVENUE
410 13501 96 AVENUE
407 13501 96 AVENUE
309 13501 96 AVENUE
203 13501 96 AVENUE
1 home has sold in Parkwoods Cedar in the past year
Find out what your home here could sell for in today's market.
Neighbourhood
Age
- Under 1511.1%
- 15 to 6478.5%
- 65 and over10.4%
Household size
- 1 person44.7%
- 229.4%
- 312.5%
- 47.7%
- 5 or more5.8%
Language spoken at home
35.6% English mother tongue
Mother tongue, share of 9,785 residents.
How this pocket differs
- notably fewer 5+ person households than Whalley 5.8% vs 9.3%
- fewer 4-person households than Whalley 7.7% vs 10.5%
- more people living alone than Whalley 44.7% vs 35%
- more Korean speakers than Whalley 3.5% vs 2.5%
- more Mandarin speakers than Whalley 7.7% vs 5.6%
- more Hindi speakers than Whalley 4% vs 3.2%
- Median household income is lower than Metro Vancouver $62,800 vs $90,000
- 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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