Summerwood

8428 Venture Way, Surrey, BC
Built 1994
54 units
Townhouse
1 active

About Summerwood

Summerwood in Fleetwood is a set of two storey, three bedroom townhomes all around 1,700 with several layouts available. The units have gas fireplaces and the complex is a short walk from Fraser Hwy with access to transit.

Amenities

Clubhouse
Exercise Centre

School Catchment

Elementary Walnut Road
Secondary Fleetwood Park

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in Fleetwood Tynehead

Estimated rental yields based on MLS data for townhouses in Fleetwood Tynehead.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 2 $2,817/mo $601,877 $376/mo 4.2%
Townhouse 3 $3,007/mo $790,999 $394/mo 3.4%
Townhouse 4 $3,520/mo $706,316 $468/mo 4.5%

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

Sold Townhouse
$888,000

17 8428 VENTURE WAY

3 2.5 1,832 sqft
Sold Townhouse
$840,000

19 8428 VENTURE WAY

3 2.5 1,673 sqft
Sold Townhouse
$894,000

40 8428 VENTURE WAY

3 2.5 1,630 sqft
Sold Townhouse
$889,900

52 8428 VENTURE WAY

3 2.5 1,710 sqft
Sold Townhouse
$868,000

26 8428 VENTURE WAY

3 2.5 1,687 sqft
Sold Townhouse
$922,000

11 8428 VENTURE WAY

3 2.5 1,776 sqft

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6 homes have sold in Summerwood

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$620,000Median home value
$89,000Median household income
88.7%Owner-occupied
3.4%Single-detached homes
2.7Avg household size
44.4Median age
44.4%Bachelor's degree or higher (25-64)
55.1%Commute under 30 min
82.5%Drive to work
54.8%Foreign-born residents
3,810Neighbourhood population

Age

Under 15: 16.3%15 to 64: 60.6%65 and over: 23.1%
  • Under 1516.3%
  • 15 to 6460.6%
  • 65 and over23.1%

Household size

  • 1 person22.3%
  • 228.8%
  • 320.5%
  • 419.3%
  • 5 or more9.1%

Language spoken at home

42.7% English mother tongue

  • Mandarin9.8%
  • English + other7.5%
  • Tagalog6.9%
  • Korean6.1%
  • Punjabi4.9%
  • Hindi2.7%
  • All others19.4%

Mother tongue, share of 3,710 residents.

How this pocket differs

  • more seniors 65+ than Fleetwood Tynehead 23.1% vs 17.4%
  • notably fewer 5+ person households than Fleetwood Tynehead 9.1% vs 19.2%
  • more people living alone than Fleetwood Tynehead 22.3% vs 15.2%
  • notably fewer Punjabi speakers than Fleetwood Tynehead 4.9% vs 16.8%
  • notably more Korean speakers than Fleetwood Tynehead 6.1% vs 3%
  • more Tagalog speakers than Fleetwood Tynehead 6.9% vs 4.7%
  • Median dwelling value is notably lower than Metro Vancouver $620,000 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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