Deer Run

3225, Surrey, BC
Built 1999
80 units
Townhouse
3 active

About Deer Run

3225 and 3355 Morgan Creek Way make up the two buildings at Deer Run totaling 80 strata units. These 3-level townhomes come in various layouts, with some having the primary bedroom on the main, and up to about 4,400 square feet all with 3+ bedrooms. Some of these units back onto Morgon Creek Golf Course with beautiful park-like views.

Amenities

Club house

Investor Insights — Townhouses in Morgan Creek

Estimated rental yields based on MLS data for townhouses in Morgan Creek.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 3 $2,800/mo $918,250 $451/mo 2.5%
Townhouse 4 $4,450/mo $783,960 $513/mo 5.4%

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

Neighbourhood

$1,760,000Median home value
$144,000Median household income
91.7%Owner-occupied
67.3%Single-detached homes
2.9Avg household size
48.8Median age
55.8%Bachelor's degree or higher (25-64)
58.4%Commute under 30 min
95.5%Drive to work
31.9%Foreign-born residents
3,014Neighbourhood population

Age

Under 15: 15.8%15 to 64: 59%65 and over: 25.2%
  • Under 1515.8%
  • 15 to 6459%
  • 65 and over25.2%

Household size

  • 1 person10.6%
  • 237.7%
  • 317.6%
  • 424.1%
  • 5 or more10.1%

Language spoken at home

63.4% English mother tongue

  • Mandarin21.7%
  • English + other2.3%
  • Punjabi1.7%
  • German1.7%
  • Cantonese1.2%
  • Min Nan1.2%
  • All others6.8%

Mother tongue, share of 2,885 residents.

How this pocket differs

  • notably fewer people living alone than South Surrey White Rock 10.6% vs 28.3%
  • notably more 4-person households than South Surrey White Rock 24.1% vs 14.3%
  • more 5+ person households than South Surrey White Rock 10.1% vs 7.2%
  • notably more Mandarin speakers than South Surrey White Rock 21.7% vs 12.1%
  • Median household income is notably higher than Metro Vancouver $144,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $1,760,000 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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