Village Terrace

15313 & 15275 19th Avenue, Surrey, BC
Built 1982
90 units
Lowrise
1 active

About Village Terrace

Village Terrace is a 90-unit lowrise complex on a spacious property featuring a large central courtyard, located along the King George Corridor in South Surrey. Built in 1982 and updated in 2001 with a full building envelope restoration including new vinyl siding, windows, and roof, these condos offer solid value in a well-maintained setting. Amenities include a gym, sauna, and visitor lounge, all within a welcoming community atmosphere. The location is exceptional, with Semiahmoo Shopping Centre, Surrey Public Library, Peace Arch Hospital, schools, parks, restaurants, and recreation all within easy walking distance.

Amenities

Recreation Facilities

Investor Insights — Condos in King George Corridor

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

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $2,079/mo $365,300 $320/mo 4.8%
Condo 2 $2,597/mo $530,663 $515/mo 4.0%

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

6 homes have sold in Village Terrace 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.
$516,000Median home value
$68,500Median household income
79.7%Owner-occupied
13.4%Single-detached homes
1.8Avg household size
65.5Median age
34.1%Bachelor's degree or higher (25-64)
57.6%Commute under 30 min
80.8%Drive to work
33.1%Foreign-born residents
3,641Neighbourhood population

Age

Under 15: 7%15 to 64: 41.9%65 and over: 51.1%
  • Under 157%
  • 15 to 6441.9%
  • 65 and over51.1%

Household size

  • 1 person47.3%
  • 236.9%
  • 38.7%
  • 44.9%
  • 5 or more2.2%

Language spoken at home

70.3% English mother tongue

  • Mandarin5.8%
  • German2.5%
  • English + other2.3%
  • Punjabi2%
  • Tagalog1.5%
  • French1.5%
  • All others14.1%

Mother tongue, share of 3,430 residents.

How this pocket differs

  • notably fewer children under 15 than King George Corridor 7% vs 13.2%
  • notably more seniors 65+ than King George Corridor 51.1% vs 31.7%
  • notably fewer 5+ person households than King George Corridor 2.2% vs 6.2%
  • notably fewer 4-person households than King George Corridor 4.9% vs 12.6%
  • notably more people living alone than King George Corridor 47.3% vs 30.4%
  • fewer Mandarin speakers than King George Corridor 5.8% vs 8.2%
  • Median household income is lower than Metro Vancouver $68,500 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $516,000 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.

Book a Showing