Lilac Green

1828 Lilac Drive, Surrey, BC
Built 1998
35 units
Townhouse
1 active

About Lilac Green

The townhouses at Lilac Green range from about 1,400 to about 2,100 sqft. Allows 2 pets and rentals with restrictions. All units are professionally managed and well maintained. The home are located nestled between nature making the placement extremely ideal.  These homes are a block from Alderwood Park and a short distance to King George with access to transit and shopping. The lilac green townhomes are located in a quiet and convenient neighbourhood. 

Amenities

Clubhouse

Investor Insights — Townhouses in King George Corridor

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

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 3 $3,010/mo $763,368 $418/mo 3.5%

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

3 homes have sold in Lilac Green in the past year

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$725,000Median home value
$80,000Median household income
77.1%Owner-occupied
62.7%Single-detached homes
2.4Avg household size
47.6Median age
30.5%Bachelor's degree or higher (25-64)
57.1%Commute under 30 min
86.1%Drive to work
29.8%Foreign-born residents
4,794Neighbourhood population

Age

Under 15: 14.8%15 to 64: 58.8%65 and over: 26.4%
  • Under 1514.8%
  • 15 to 6458.8%
  • 65 and over26.4%

Household size

  • 1 person30.3%
  • 231.6%
  • 315.8%
  • 413.7%
  • 5 or more8.5%

Language spoken at home

71.6% English mother tongue

  • Mandarin5.3%
  • Punjabi5.2%
  • English + other2.9%
  • Spanish1.3%
  • Tagalog1%
  • Cantonese0.9%
  • All others11.8%

Mother tongue, share of 4,790 residents.

How this pocket differs

  • more 5+ person households than King George Corridor 8.6% vs 6.2%
  • notably more Punjabi speakers than King George Corridor 5.2% vs 3.3%
  • notably fewer Mandarin speakers than King George Corridor 5.3% vs 8.2%
  • Median dwelling value is lower than Metro Vancouver $725,000 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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