Walnut Ridge

7198 179 Street, Surrey, BC
Built 2014
26 units
Townhouse
2 active

About Walnut Ridge

Walnut Ridge is a boutique collection of 26 modern wood-frame townhomes built in 2014, nestled in the heart of Cloverdale, Surrey. Located at 7198 179 Street, this intimate community offers residents the perfect blend of suburban tranquility and urban convenience. Cloverdale is renowned for its historic charm, family-friendly atmosphere, and excellent schools, making it ideal for growing families and professionals alike. The neighbourhood boasts proximity to Cloverdale Recreation Centre, numerous parks and walking trails, and the popular Cloverdale Fairgrounds. Residents enjoy easy access to Highway 15 for seamless commuting to Vancouver and the Fraser Valley, while local amenities include shopping at Cloverdale Mall, diverse dining options along 176 Street, and recreational facilities. The area's commitment to preserving green spaces and community spirit, combined with Walnut Ridge's contemporary design and quality construction, creates an exceptional living environment in one of Surrey's most desirable neighbourhoods.

Amenities

Private yard or patio
Attached garage
Visitor parking
In-suite laundry
Private entrance
Storage space
Low maintenance exterior
Pet-friendly community
Professional landscaping
Quiet residential setting

School Catchment

Elementary Adams Road
Secondary Salish

Explore the full Surrey School Catchment Guide →

Investor Insights — Townhouses in Cloverdale BC

Estimated rental yields based on MLS data for townhouses in Cloverdale BC.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 3 $3,370/mo $801,287 $473/mo 3.7%
Townhouse 4 $3,350/mo $789,346 $530/mo 3.7%

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

Sold Townhouse
$850,000

3 7198 179 STREET

4 3.5 2,033 sqft
Sold Townhouse
$945,000

6 7198 179 STREET

3 3.5 1,975 sqft
Sold Townhouse
$795,000

18 7198 179 STREET

3 2.5 1,450 sqft

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1 home has sold in Walnut Ridge in the past year

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$950,000Median home value
$130,000Median household income
92.8%Owner-occupied
42.2%Single-detached homes
3.2Avg household size
39.2Median age
29.6%Bachelor's degree or higher (25-64)
59.7%Commute under 30 min
93.1%Drive to work
27.7%Foreign-born residents
3,944Neighbourhood population

Age

Under 15: 22.8%15 to 64: 64.1%65 and over: 13.1%
  • Under 1522.8%
  • 15 to 6464.1%
  • 65 and over13.1%

Household size

  • 1 person13.2%
  • 226.4%
  • 316%
  • 428%
  • 5 or more16.4%

Language spoken at home

72.2% English mother tongue

  • Punjabi5.6%
  • English + other3.3%
  • Korean2.4%
  • Mandarin2%
  • Tagalog1.9%
  • Spanish1.4%
  • All others11.2%

Mother tongue, share of 3,945 residents.

How this pocket differs

  • more children under 15 than Cloverdale BC 22.8% vs 18.8%
  • more 4-person households than Cloverdale BC 28.1% vs 20.7%
  • fewer people living alone than Cloverdale BC 13.3% vs 17.9%
  • notably fewer Punjabi speakers than Cloverdale BC 5.6% vs 14.1%
  • Median household income is higher than Metro Vancouver $130,000 vs $90,000

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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