Heights Townhomes

2845 156 Avenue, Surrey, BC
Built 2013
105 units
Townhouse
No listings

About Heights Townhomes

The Heights will be a combination of 39 townhouses and 66 condos. The townhouses range from two and three bedrooms units ranging from 1,400 to 2,000 sqft. The homes were designed by an award-winning architect and only offer the highest quality of finishes. The 9' ceiling and oversized windows allow for a generous flow of light to pour in. The open-plan kitchens offer high-end quartz countertops, designer back splashes, stainless steel double sink as well as energy star appliances. The luxurious ensuite features a framed glass enclosed shower, solid wood shaker style cabinets, quartz countertops, as well as a deep soaker tub. Enjoy the outdoors on your private, enclosed yard  that offers a gas outlet, making the area perfect for entertaining. Just around the corner you will find all the amenities including the shops at Morgan Crossing, restaurants, services and the beach! The Heights only offers the highest standards of building and decorating, making it sure to please and impress any buyer. 

 

Investor Insights — Townhouses in Grandview Surrey

Estimated rental yields based on MLS data for townhouses in Grandview Surrey.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 2 $2,999/mo $690,444 $327/mo 4.0%
Townhouse 3 $3,173/mo $762,963 $382/mo 3.8%
Townhouse 4 $3,575/mo $953,233 $472/mo 3.4%

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.
$750,000Median home value
$104,000Median household income
77.7%Owner-occupied
8.5%Single-detached homes
2.5Avg household size
37.2Median age
45.3%Bachelor's degree or higher (25-64)
53.3%Commute under 30 min
89.1%Drive to work
35%Foreign-born residents
7,996Neighbourhood population

Age

Under 15: 22%15 to 64: 66.3%65 and over: 11.8%
  • Under 1522%
  • 15 to 6466.3%
  • 65 and over11.8%

Household size

  • 1 person23.2%
  • 234.2%
  • 319%
  • 418.1%
  • 5 or more5.4%

Language spoken at home

60.1% English mother tongue

  • Mandarin13%
  • English + other3.9%
  • Korean2.9%
  • Cantonese2.7%
  • Punjabi1.8%
  • Spanish1.5%
  • All others14.1%

Mother tongue, share of 7,835 residents.

How this pocket differs

  • notably fewer 5+ person households than Grandview Surrey 5.4% vs 8.7%
  • more people living alone than Grandview Surrey 23.1% vs 17.8%
  • fewer Mandarin speakers than Grandview Surrey 13% vs 18%
  • Median dwelling value is lower than Metro Vancouver $750,000 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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