Monterey

2429 168 Street, Surrey, BC
Built 2027
175 units
Lowrise
No listings

Developer: Ikonik Homes

About Monterey

Monterey by Ikonik Homes is a presale community at 2429 168 Street in the Grandview Heights area of South Surrey, with completion anticipated in 2027. The development combines a six-storey, mixed-use mid-rise with commercial space at grade and a four-storey residential building, together offering 175 condominium homes in a mix of one- to three-bedroom floor plans.

Grandview Heights is one of South Surrey's fastest-growing neighbourhoods, with the Grandview Heights Aquatic Centre located directly across the street. Nearby at 24 Avenue and 160 Street, Grandview Corners, Morgan Crossing, Grandview Central, and a Walmart Supercentre provide extensive shopping, dining, and everyday essentials. Residents share more than 3,600 square feet of indoor and over 6,100 square feet of outdoor amenity space, with storage for 218 bicycles. Every underground parking stall is equipped with an electric vehicle charging outlet, reflecting the development's forward-looking design.

Investor Insights — Condos in Grandview Surrey

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

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,875/mo $479,286 $354/mo 3.1%
Condo 2 $2,481/mo $477,013 $449/mo 4.3%

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

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