Terrane

12040 68 Avenue, Surrey, BC
Built 2005
191 units
Townhouse
7 active

About Terrane

Terrane is a series of 2 to 4 bedroom homes ranging from about 1,200 to 2,300 sqft. There are many different layouts at Terrane and worth looking at all of them. The complex is close to transit and shopping.

Amenities

Clubhouse
Exercise Centre
Recreation Facilities

School Catchment

Elementary Beaver Creek
Secondary Tamanawis

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in West Newton

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

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 2 $2,336/mo $447,506 $478/mo 4.2%

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

Sold Townhouse
$789,000

10 12040 68 AVENUE

3 2.5 1,975 sqft
Sold Townhouse
$700,000

36 12040 68 AVENUE

2 2 1,330 sqft
Sold Townhouse
$740,000

92 12040 68 AVENUE

3 2 1,478 sqft
Sold Townhouse
$835,000

28 12040 68 AVENUE

4 2.5 2,024 sqft
Sold Townhouse
$890,000

131 12040 68 AVENUE

3 3.5 2,255 sqft
Sold Townhouse
$800,000

172 12040 68 AVENUE

3 2 1,482 sqft
Sold Townhouse
$970,000

151 12040 68 AVENUE

4 3.5 2,241 sqft
Sold Townhouse
$840,000

168 12040 68 AVENUE

4 3 1,956 sqft
Sold Townhouse
$785,000

95 12040 68 AVENUE

3 2 1,524 sqft
Sold Townhouse
$948,888

87 12040 68 AVENUE

3 3.5 2,182 sqft
Sold Townhouse
$743,000

164 12040 68 AVENUE

2 2 1,395 sqft
Sold Townhouse
$820,000

35 12040 68 AVENUE

3 2 1,529 sqft
Sold Townhouse
$960,000

83 12040 68 AVENUE

4 3.5 2,089 sqft
Sold Townhouse
$1,068,000

55 12040 68 AVENUE

4 3.5 2,357 sqft
Sold Townhouse
$1,035,000

131 12040 68 AVENUE

4 3.5 2,348 sqft

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1 home has sold in Terrane in the past year

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$685,000Median home value
$94,000Median household income
70.6%Owner-occupied
6.9%Single-detached homes
3.1Avg household size
36.4Median age
32.7%Bachelor's degree or higher (25-64)
48.9%Commute under 30 min
80%Drive to work
51.7%Foreign-born residents
5,882Neighbourhood population

Age

Under 15: 17.9%15 to 64: 69.9%65 and over: 12.2%
  • Under 1517.9%
  • 15 to 6469.9%
  • 65 and over12.2%

Household size

  • 1 person19.6%
  • 223.6%
  • 318.8%
  • 419.4%
  • 5 or more18.6%

Language spoken at home

39.9% Punjabi mother tongue

  • English29.8%
  • English + other7.9%
  • Mandarin4.4%
  • Hindi3.9%
  • Tagalog2%
  • Cantonese1.4%
  • All others10.7%

Mother tongue, share of 5,880 residents.

How this pocket differs

  • fewer 5+ person households than West Newton 18.6% vs 27.4%
  • more people living alone than West Newton 19.6% vs 14.6%
  • notably more Mandarin speakers than West Newton 4.4% vs 0.9%
  • fewer Punjabi speakers than West Newton 39.9% vs 51.1%
  • Median dwelling value is notably lower than Metro Vancouver $685,000 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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