Southmere Villa

1860 E Southmere Crescent, Surrey, BC
Built 1981
45 units
Lowrise
No listings

About Southmere Villa

Southmere Villa is walking distance to everything you need including Semiahmoo Mall, the Public Library and restaurants. The roof was redone in 2008. Heat and hot water are included in the strata fees. The interior spacious floor plans are enhanced by the floor to ceiling windows. The large balconies are perfect for bbqing and relaxing. The public areas such as the hallways, lobbies, and meeting areas are have been recently updated.

Amenities

Recreation Facilities

Investor Insights — Condos in Sunnyside Park Surrey

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

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,750/mo $267,717 $449/mo 4.6%
Condo 2 $2,383/mo $490,993 $570/mo 3.7%

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

4 homes have sold in Southmere Villa

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.
$600,000Median home value
$64,000Median household income
56.9%Owner-occupied
19.4%Single-detached homes
1.9Avg household size
55.2Median age
35.7%Bachelor's degree or higher (25-64)
55%Commute under 30 min
69.5%Drive to work
38.3%Foreign-born residents
2,693Neighbourhood population

Age

Under 15: 9.7%15 to 64: 54.3%65 and over: 36.1%
  • Under 159.7%
  • 15 to 6454.3%
  • 65 and over36.1%

Household size

  • 1 person42.3%
  • 238.7%
  • 38.8%
  • 47.4%
  • 5 or more2.8%

Language spoken at home

60.8% English mother tongue

  • Mandarin11.7%
  • English + other3.5%
  • Tagalog2%
  • German2%
  • Punjabi1.5%
  • French1.5%
  • All others17%

Mother tongue, share of 2,690 residents.

How this pocket differs

  • notably fewer children under 15 than South Surrey White Rock 9.6% vs 14.9%
  • more seniors 65+ than South Surrey White Rock 36% vs 25.9%
  • notably fewer 5+ person households than South Surrey White Rock 2.8% vs 7.2%
  • notably fewer 4-person households than South Surrey White Rock 7.4% vs 14.3%
  • more people living alone than South Surrey White Rock 42.3% vs 28.3%
  • Median household income is lower than Metro Vancouver $64,000 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $600,000 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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