South Village

16467 23A Avenue, Surrey, BC
Built 2020
60 units
Townhouse
No listings

About South Village

South Village is made up of 60 townhouses in the inspired by modern farmhouse living. South Village sits right in between Grandview Corners mall and the Grandview Rec Center.

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 $687,078 $324/mo 4.1%
Townhouse 3 $3,173/mo $762,806 $383/mo 3.8%
Townhouse 4 $3,567/mo $953,074 $470/mo 3.4%

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

3 homes have sold in South Village 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.
$1,460,000Median home value
$111,000Median household income
75.7%Owner-occupied
42.5%Single-detached homes
2.9Avg household size
36Median age
48.6%Bachelor's degree or higher (25-64)
52.6%Commute under 30 min
91.9%Drive to work
39.3%Foreign-born residents
9,052Neighbourhood population

Age

Under 15: 21.8%15 to 64: 68.8%65 and over: 9.3%
  • Under 1521.8%
  • 15 to 6468.8%
  • 65 and over9.3%

Household size

  • 1 person14.7%
  • 229.8%
  • 322.5%
  • 421.6%
  • 5 or more11.4%

Language spoken at home

52.7% English mother tongue

  • Mandarin19.6%
  • Punjabi6.1%
  • English + other4.8%
  • Cantonese3.2%
  • Korean2.2%
  • Spanish1.2%
  • All others10.2%

Mother tongue, share of 9,050 residents.

How this pocket differs

  • more 5+ person households than Grandview Surrey 11.5% vs 8.7%
  • more Punjabi speakers than Grandview Surrey 6.1% vs 4.1%
  • Median household income is higher than Metro Vancouver $111,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,460,000 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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