Home Surrey, BC West Newton Terrane 159 12040 68 Avenue

159 12040 68 Ave, Surrey BC V3W 1P5 – Townhouse for Sale – MLS® R3153029

159 12040 68 Avenue, Surrey, British Columbia V3W 1P5

Surrey Townhouses for Sale

100 days on the market

$749,900

Est. monthly cost $3,679/mo

Updated with MLS® - Nov 11, 2026 at 04:45am

3 Beds

2 Baths

1545 sqft

485 $ /sqft

373.64 $ Maint. fee

2005 built

Photos

"TERRANE" - Beautiful Townhouse in sought after West Newton location. Desirable open concept floor plan with extra large living/dining room with cozy gas fireplace. Huge kitchen with stainless steel appliances including Bosch dishwasher, loads of cabinets and counter space, eating area and access to spacious deck. 3 Bedrooms, 2 bathrooms and laundry on upper level. Home is located within close walking distance to shops, library, parks, theatre, restaurants, schools, and transit. Full facilities include a clubhouse that is over 5000 sq ft with lounge area, grand fireplace, gourmet kitchen, gym with full shower facilities, billiards room & outdoor deck. Open house Sat, August 15 between 2:15 - 4:15 pm

Building 23 fields Inside & out 11 fields Lot & land 7 fields

Building Details

Price	$749,900
Total Bedrooms	3
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1545
Year Built	2005
Age Of Building	21
Building Type	Townhouse
Property Type	Residential
Architecture Style	3 Storey
Stories	3
Building Amenities	Clubhouse, Exercise Centre, Maintenance Grounds, Hot Water, Management, Snow Removal
Ownership Type	Freehold Strata
Maintenance Fee	$373.64
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Maintenance Grounds, Hot Water, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Tandem, Front Access, Concrete
Total Parking Spaces	2
Strata Restrictions	Rentals Allwd w/Restrctns

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Unfinished
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	1
Heating Type	Baseboard
# of Kitchens	1
Flooring	Laminate
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt
Structures	Residential Attached

Lot & Land

MLS^® #	R3153029
Area	Surrey
Neighbourhood	West Newton
City	Surrey
Postal Code	V3W 1P5
Gross Taxes	$3,392.27
Zoning	CD

Property Timeline

Status	Date	Price
R3153029 / Active	08-03-2026	$749,900
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	18'3 x 18'3 ft
Main Level	Dining Room	11'9 x 11'9 ft
Main Level	Kitchen	13'8 x 13'8 ft
Main Level	Eating Area	12'13 x 12'13 ft
Above Level	Primary Bedroom	15'5 x 15'5 ft
Above Level	Bedroom	13'7 x 13'7 ft
Above Level	Bedroom	9'2 x 9'2 ft
Above Level	Laundry	0' x 0' ft

Bathrooms

Floor	Ensuite	Pieces
Above Level	Yes	#4
Above Level	No	#3

Listed by: Century 21 AAA Realty Inc.

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: 4
Median ask: $774K
Median $/sqft: $409
Days on market: 146
Sold, past year: 2

This home

$485/sqft, 18.6% above the building median of $409.

Homes for sale at Terrane, Surrey Recent sold listings in Terrane, Surrey

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

Map, sell speed & climate

SkyTrain 7.05 km · Tamanawis Secondary School 5.6/10 · 1.36 km · crime average · sell-speed score 47/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (25 nearby)

Masala junction · 505 m · Restaurant
Pizza hut · 617 m · Restaurant
Sushi wara · 624 m · Restaurant

Shopping (19 nearby)

Scottsdale · 596 m · Post Office
Specsavers · 634 m · Optician
Ultimate hair salon & esthetics studio · 644 m · Hairdresser

Groceries (9 nearby)

Fruiticana · 499 m · Greengrocer
Save-on-foods · 552 m · Supermarket
Bc liquor store · 619 m · Beverages

Cafes (3 nearby)

Starbucks · 644 m · Cafe
Tim hortons · 929 m · Cafe
Starbucks · 937 m · Cafe

Healthcare (2 nearby)

Vivacare pharmacy · 892 m · Healthcare
Pharmasave · 933 m · Healthcare

Transit (1 nearby)

Bus stop westbound 72 ave @ 118 st · 995 m · Transit

Public Schools

Elementary
Beaver Creek Elementary School: Average 0.88 km 4/10
Secondary
Tamanawis Secondary School: Average 1.36 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 2.31 km 8.6/10
Elementary,Secondary
Regent Christian Online Academy: Above Average 6.26 km 8.2/10

Closest Transit

Bus Stop
Northbound Scott Rd @ 68 Ave: 0.09 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

47 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $739,567

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

100 DOM

Listed

159 12040 68 Avenue has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.4% above comparable active properties in West Newton. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

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.

Schools NearBy

25 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 655 m
Beaver Creek Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	4.0 / 10	Distance 876 m
Cougar Canyon Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 1.15 KM
Seaquam Secondary	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 1.15 KM
Boundary Park Elementary	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.18 KM
Pinewood Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.34 KM
Tamanawis Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.6 / 10	Distance 1.36 KM
Sunshine Hills Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 1.53 KM
Westerman Elementary School	Public	Grades Served K-7	Catchment Info —	3.6 / 10	Distance 1.75 KM
Martha Jane Norris Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 1.84 KM
Strawberry Hill Elementary School	Public	Grades Served K-7	Catchment Info —	3.6 / 10	Distance 1.85 KM
Jarvis Traditional Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 1.89 KM
Princess Margaret Secondary School	Public	Grades Served 8-12	Catchment Info —	5.2 / 10	Distance 1.89 KM
J T Brown Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 1.96 KM
Chalmers Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.07 KM
Dr. F. D. Sinclair Elementary School	Public	Grades Served K-7	Catchment Info —	3.8 / 10	Distance 2.12 KM
Panorama Park Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.15 KM
Burnsview Secondary	Public	Grades Served —	Catchment Info —	6.4 / 10	Distance 2.23 KM
Gabrielle-Roy	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.27 KM
St Bernadette	Independent	Grades Served —	Catchment Info —	8.6 / 10	Distance 2.31 KM
St. Bernadette	Independent	Grades Served K-7	Catchment Info —	8.6 / 10	Distance 2.35 KM
W E Kinvig Elementary School	Public	Grades Served K-7	Catchment Info —	3.2 / 10	Distance 2.60 KM
McCloskey Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.70 KM
Henry Bose Elementary School	Public	Grades Served K-7	Catchment Info —	3.8 / 10	Distance 2.89 KM
Al-Mustafa School	Independent	Grades Served —	Catchment Info —	N/A	Distance 2.95 KM

Walkability & Transit Near 159 12040 68 Avenue

Very Walkable 74

Walk Score - Very Walkable

Most errands can be accomplished on foot

Good Transit 57

Transit Score - Good Transit

Many nearby public transportation options

Bikeable 55

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 159 12040 68 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 025-978-942).

Total Assessed Value (2026)

$764,000

2026 Value Trend

Land

$593,000

Buildings

$171,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$593,000	$171,000	$764,000	—

Costs & calculators

Monthly cost about $3,679/month · rent estimate $2,857/month · owning catches up with renting by year 2 · cash flow if rented −$1,026/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 159 12040 68 Avenue

$3,679 /month

Principal & Interest $3,022

Property Taxes $283

Maintenance fee $374

The estimated monthly cost of 159 12040 68 Avenue, Surrey is $3,679: $3,022 principal and interest with 20% down over 30 years at 4.45%, plus $283 property tax and $374 strata 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

−$1,026 /month

Mortgage Payment $3,022

Monthly Cash Flow −$1,026

Break Even Down Payment 48%

Cap Rate -1.6%

Cash on Cash -8.2%

If 159 12040 68 Avenue, Surrey were rented at $2,857 a month with 5% vacancy, it would fall $1,026 a month short of the mortgage and carrying costs; about 48% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 159 12040 68 Avenue, Surrey

$2,857 / month

Rent $2,857

Own $3,679

Principal: $972/mo Interest, tax, insurance, fees: $2,707/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$814/mo (year 1) → ~$1,892/mo (year 20) → ~$2,822/mo (year 29).

Net cost to own at year 5 ~$2,707/mo About $150/mo less than renting

EstateBlock estimates 159 12040 68 Avenue, Surrey would rent for about $2,857 a month.

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.

Rent vs own: 159 12040 68 Avenue

Rent vs own

Owning catches up by year 2

With 20% down ($149,980) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $53,461

Principal paid off by year 10 $120,216

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 159 12040 68 Avenue, Surrey is cheaper at first, but owning catches up by year 2, with $53,461 of principal paid off by year 5 and $120,216 by year 10.