Watermark

2970 King George Boulevard, Surrey, BC
Built 2009
100 units
Lowrise
4 active

About Watermark

Watermark at 2970 King George has beautiful finishings with 9 foot ceilings, granite countertops throughout and large porcelain floor tiles. Watermark is in the plaza along with Staples, Save on Foods, Starbucks and several other shops.

Amenities

Exercise Centre
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 $2,064/mo $410,731 $320/mo 4.2%
Condo 2 $2,597/mo $527,866 $515/mo 4.0%

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

1 home has sold in Watermark 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.
$750,000Median home value
$88,000Median household income
81.4%Owner-occupied
14.9%Single-detached homes
2.4Avg household size
45.6Median age
42.4%Bachelor's degree or higher (25-64)
60.7%Commute under 30 min
85.9%Drive to work
37.5%Foreign-born residents
4,591Neighbourhood population

Age

Under 15: 15.8%15 to 64: 58.7%65 and over: 25.5%
  • Under 1515.8%
  • 15 to 6458.7%
  • 65 and over25.5%

Household size

  • 1 person27.8%
  • 236.6%
  • 315.5%
  • 414.2%
  • 5 or more5.9%

Language spoken at home

62.5% English mother tongue

  • Mandarin11.2%
  • English + other3.3%
  • Punjabi2.8%
  • Cantonese2%
  • German1.8%
  • Spanish1.6%
  • All others14.8%

Mother tongue, share of 4,515 residents.

How this pocket differs

  • more Mandarin speakers than King George Corridor 11.2% vs 8.2%
  • Median dwelling value is lower than Metro Vancouver $750,000 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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