Cranberry Lane

15241 18th Avenue, Surrey, BC
Built 1995
42 units
Lowrise
No listings

About Cranberry Lane

Cranberry Lane at 15241 18th Avenue features gas fireplaces in all units.  Great natural flow of light that makes the space seem even larger thanks to the vaulted ceilings, the abundance of windows and the two skylights. Wonderful chef's kitchen with tons of counter and cabinet space and finished with granite countertops. Open floor plan with useful eating area located in the kitchen. The units also offer a bonus covered patio perfect to use all year round. Convenient location just steps away from local shops,  Bakerview park, public transit and restaurants.  Also, only a very short drive to White Rock Beach. 

Amenities

lounge

Investor Insights — Condos in King George Corridor

Estimated rental yields based on MLS data for condos in King George Corridor.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $2,075/mo $354,088 $330/mo 4.9%
Condo 2 $2,632/mo $530,195 $509/mo 4.1%

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

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$516,000Median home value
$68,500Median household income
79.7%Owner-occupied
13.4%Single-detached homes
1.8Avg household size
65.5Median age
34.1%Bachelor's degree or higher (25-64)
57.6%Commute under 30 min
80.8%Drive to work
33.1%Foreign-born residents
3,641Neighbourhood population

Age

Under 15: 7%15 to 64: 41.9%65 and over: 51.1%
  • Under 157%
  • 15 to 6441.9%
  • 65 and over51.1%

Household size

  • 1 person47.3%
  • 236.9%
  • 38.7%
  • 44.9%
  • 5 or more2.2%

Language spoken at home

70.3% English mother tongue

  • Mandarin5.8%
  • German2.5%
  • English + other2.3%
  • Punjabi2%
  • Tagalog1.5%
  • French1.5%
  • All others14.1%

Mother tongue, share of 3,430 residents.

How this pocket differs

  • notably fewer children under 15 than King George Corridor 7% vs 13.2%
  • notably more seniors 65+ than King George Corridor 51.1% vs 31.7%
  • notably fewer 5+ person households than King George Corridor 2.2% vs 6.2%
  • notably fewer 4-person households than King George Corridor 4.9% vs 12.6%
  • notably more people living alone than King George Corridor 47.3% vs 30.4%
  • fewer Mandarin speakers than King George Corridor 5.8% vs 8.2%
  • Median household income is lower than Metro Vancouver $68,500 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $516,000 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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