102 12040 68 Ave, Surrey BC – Townhouse for Sale – MLS® R3109993

102 12040 68 Avenue, Surrey, British Columbia V3W 1P5

193 days on the market
$829,000
Est. Mortgage $3,667/mo
Listing updated:
EstateBlock checked:
Terrane
3 Beds
2 Baths
1540 sqft
538 $ /sqft
373.64 $ Maint. fee
2005 built
193 days on the market
$829,000
Est. $3,667/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 102 12040 68 Avenue

Beautiful and refined townhome at Terrane. This meticulously well maintained corner unit, 3-bedroom, 2-bathroom original owner's residence offers 1,540 sq ft of thoughtfully designed space, featuring a very big wrap-around covered balcony, spacious living/dining area with elegant fireplace, a gourmet kitchen with raised breakfast bar, and an adjacent family lounge-perfect for entertaining or relaxing. Step outside to a private fenced patio ideal for summer BBQs or quiet evenings. The double tandem garage provides ample parking and storage. Enjoy exclusive access to a 5,000+ sq ft clubhouse with lounge and fitness amenities. Located in a vibrant, family-friendly just steps to schools, transit, shopping, dining, parks, library, and a lot more.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate, Vinyl
Foundation Concrete Perimeter

Exterior Features

Exterior Features Playground, Balcony
Roof Asphalt
Structures Residential Attached

Building Details

Price $829,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1540
Year Built 2005
Age Of Building 21
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Building Name Terrane
Ownership Type Freehold Strata
Maintenance Fee $373.64
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type Community, Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Tandem, Guest, Front Access, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Yes With Restrictions
Units In Development 191

Lot & Land

MLS® # R3109993
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 1P5
Gross Taxes $3,438.91
Zoning R

Property Timeline

Status Date Price
R3109993 / Active 04-10-2026 $829,000
Rooms
Floor Type Dimensions
Above Level Bedroom 10'4 x 10'4 ft
Above Level Bedroom 9'2 x 9'2 ft
Above Level Bedroom 11'6 x 11'6 ft
Main Level Kitchen 17'9 x 17'9 ft
Main Level Dining Room 11'6 x 11'6 ft
Main Level Living Room 11'10 x 11'10 ft
Main Level Patio 24'2 x 24'2 ft
Below Foyer 3'1 x 3'1 ft
Below Utility 2'9 x 2'9 ft
Below Porch (enclosed) 3'4 x 3'4 ft
Bathrooms
Floor Ensuite Pieces
Above Level Yes #4
Above Level No #3

Listed by: Grand Central Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Terrane

12040 68 Avenue, West Newton, Surrey

Terrane building details

Building

Built
2005
Homes
191 in 3 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
BCS862
Managed by
Dwell Property Management
Parking
Visitor Parking, Grge/Double Tandem
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Terrane

For sale
5
Median ask
$798K
Median $/sqft
$410
Days on market
138
Sold, past year
3
This home

$538/sqft, 31.2% above the building median of $410.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map & Neighbourhood

Public Schools

Elementary
Beaver Creek Elementary School
Average 0.83 km 4/10
Secondary
Tamanawis Secondary School
Average 1.32 km 5.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St Bernadette
Above Average 2.27 km 8.6/10
Elementary,Secondary
Regent Christian Online Academy
Above Average 6.22 km 8.2/10

Closest Transit

Bus Stop
Northbound Scott Rd @ 68 Ave
0.13 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029)
7.05 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average 23.7%
No Certificate/Degree
Above Average 21.1%
Owner Occupied
Above Average 82%
Employment Rate
Above Average 77.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

39 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $709,624
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.05 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST NEWTON compares
This property
193 DOM
Listed
West Newton avg
—
—
Surrey avg
—
—

102 12040 68 Avenue has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 14.4% above comparable active properties in West Newton. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3W 1P5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 1P5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~3.7 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (23 nearby)

  • Masala junction · 532 m · Restaurant
  • Sushi wara · 607 m · Restaurant
  • Brown's socialhouse · 618 m · Restaurant

Shopping (19 nearby)

  • Envision financial · 632 m · Bank
  • Scottsdale · 633 m · Post Office
  • Specsavers · 670 m · Optician

Groceries (8 nearby)

  • Fruiticana · 526 m · Greengrocer
  • Save-on-foods · 590 m · Supermarket
  • Calvin's farm market · 637 m · Greengrocer

Cafes (3 nearby)

  • Starbucks · 628 m · Cafe
  • Tim hortons · 944 m · Cafe
  • Starbucks · 969 m · Cafe

Healthcare (2 nearby)

  • Vivacare pharmacy · 873 m · Healthcare
  • Pharmasave · 909 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound 72 ave @ 118 st · 996 m · Transit

Schools NearBy

26 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Cougar Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

653 m

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.0 / 10

Distance

832 m

Boundary Park Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

1.14 KM

Cougar Canyon Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

1.19 KM

Seaquam Secondary

Public

Grades Served

—

Catchment Info

—
7.2 / 10

Distance

1.19 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.6 / 10

Distance

1.32 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

1.33 KM

Sunshine Hills Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

1.57 KM

Westerman Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

1.76 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

1.79 KM

Strawberry Hill Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

1.86 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.2 / 10

Distance

1.86 KM

Jarvis Traditional Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.92 KM

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.92 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.11 KM

Dr. F. D. Sinclair Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

2.11 KM

Chalmers Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.12 KM

Gabrielle-Roy

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.24 KM

Burnsview Secondary

Public

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

2.27 KM

St Bernadette

Independent

Grades Served

—

Catchment Info

—
8.6 / 10

Distance

2.27 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

2.31 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.2 / 10

Distance

2.57 KM

McCloskey Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

2.74 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

2.84 KM

Al-Mustafa School

Independent

Grades Served

—

Catchment Info

—
N/A

Distance

2.91 KM

Colebrook Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.97 KM

Walkability & Transit Near 102 12040 68 Avenue

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
55

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 102 12040 68 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 026-273-098).
Total Assessed Value (2026)
$774,000
2026 Value Trend
Land
$593,000
Buildings
$181,000
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $593,000 $181,000 $774,000 —

Mortgage Calculator for 102 12040 68 Avenue

/month
Principal & Interest
Property Taxes $287
Maintenance fee 373.64
A 20% down payment of $165,800 on this $829,000 listing yields an estimated mortgage of $3,166/month (30-year fixed, 4%). Total estimated housing cost: $3,827/month, $287 property tax, $374 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $2,919/month in estimated rental income against $3,879/month in mortgage payments, the monthly cashflow is -$959/month. A 45% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 102 12040 68 Avenue, Surrey

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — West Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $829,000
Surrey Loading...
West Newton Loading...

Based on 8 comparable active townhouses in West Newton, the average asking price is $724,583. This listing is priced 14.4% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 102 12040 68 Avenue

Walk Score Badge
Car-Dependent 74

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 57

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
55

Bike Score - Bikeable

Some bike infrastructure

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