62 12040 68 Ave, Surrey BC – Townhouse for Sale – MLS® R3099290

62 12040 68 Avenue, Surrey, British Columbia V3W 1P5

225 days on the market
$798,000
Est. Mortgage $3,530/mo
Listing updated:
EstateBlock checked:
3 Beds
3 Baths
1960 sqft
407 $ /sqft
492.77 $ Maint. fee
2005 built
225 days on the market
$798,000
Est. $3,530/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 62 12040 68 Avenue

Marble" plan offers 3 bdrms, 3 full baths, patio & fenced backyard off kitchen &double tandem garage. Features laminate floor through main. Bright south facing living/dining room with £/p, open kitchen w/raised breakfast bar, adjoining family room perfect for computer space or nook. Generous master BR w/4 piece ensuite. Terrane offers a rare chance to experience an amazing family oriented lifestyle with schools, parks, library, shopping, recreation, restaurants and transportation just steps away.

Interior Features

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

Exterior Features

Exterior Features Playground, Balcony
Roof Asphalt
Structures Residential Attached

Building Details

Price $798,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 1960
Year Built 2005
Age Of Building 21
Building Type Townhouse
Property Type Residential
Stories 3
Building Amenities Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Management, Sewer
Ownership Type Freehold Strata
Maintenance Fee $492.77
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Management, Sewer
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Tandem, Front Access
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Suites None

Lot & Land

MLS® # R3099290
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 1P5
Gross Taxes $3,824.32
Zoning CD

Property Timeline

Status Date Price
R3099290 / Active 03-10-2026 $798,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 15'2 x 15'2 ft
Main Level Dining Room 11'6 x 11'6 ft
Main Level Kitchen 11'5 x 11'5 ft
Main Level Eating Area 7'8 x 7'8 ft
Above Level Bedroom 14' x 14' ft
Above Level Primary Bedroom 11'6 x 11'6 ft
Abv Main 2 Bedroom 15'2 x 15'2 ft
Abv Main 2 Recreation Room 23'8 x 23'8 ft
Bathrooms
Floor Ensuite Pieces
Above Level No #4
Above Level Yes #4
Above Level No #3

Listed by: Multiple Realty Ltd.

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
139
Sold, past year
3
This home

$407/sqft, in line with 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 4.6/10
Secondary
Tamanawis Secondary School
1.32 km

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 2.3 km 8.5/10
Elementary, Secondary
Regent Christian Academy
Above Average 6.23 km 8.1/10

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

46 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $769,272
—
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
225 DOM
Listed
West Newton avg
—
—
Surrey avg
—
—

62 12040 68 Avenue has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.6% 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.

Nearby Restaurants, Cafes & Shops

Restaurants (23 nearby)

  • Masala junction · 532 m · Restaurant
  • Sushi wara · 608 m · Restaurant
  • Brown's socialhouse · 619 m · Restaurant

Shopping (19 nearby)

  • Envision financial · 633 m · Bank
  • Scottsdale · 635 m · Post Office
  • Specsavers · 672 m · Optician

Groceries (8 nearby)

  • Fruiticana · 526 m · Greengrocer
  • Save-on-foods · 593 m · Supermarket
  • Calvin's farm market · 639 m · Greengrocer

Cafes (3 nearby)

  • Starbucks · 629 m · Cafe
  • Tim hortons · 942 m · Cafe
  • Starbucks · 971 m · Cafe

Healthcare (2 nearby)

  • Vivacare pharmacy · 874 m · Healthcare
  • Pharmasave · 909 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound 72 ave @ 118 st · 998 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

650 m

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.0 / 10

Distance

827 m

Boundary Park Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

1.13 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

1.58 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

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.2 / 10

Distance

1.86 KM

Strawberry Hill Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

1.86 KM

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.91 KM

Jarvis Traditional Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

1.92 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.10 KM

Dr. F. D. Sinclair Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

2.10 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

2.23 KM

St Bernadette

Independent

Grades Served

—

Catchment Info

—
8.6 / 10

Distance

2.27 KM

Burnsview Secondary

Public

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

2.28 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

2.30 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

2.96 KM

Walkability & Transit Near 62 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 — 62 12040 68 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 026-314-754).
Total Assessed Value (2026)
$895,000
2026 Value Trend
Land
$679,000
Buildings
$216,000
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $679,000 $216,000 $895,000 —

Mortgage Calculator for 62 12040 68 Avenue

/month
Principal & Interest
Property Taxes $319
Maintenance fee 492.77
A 20% down payment of $159,600 on this $798,000 listing yields an estimated mortgage of $3,048/month (30-year fixed, 4%). Total estimated housing cost: $3,860/month, $319 property tax, $493 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 $2,810/month in estimated rental income against $3,910/month in mortgage payments, the monthly cashflow is -$1,100/month. A 49% 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 62 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 $798,000
Surrey Loading...
West Newton Loading...

Based on 5 comparable active townhouses in West Newton, the average asking price is $769,967. This listing is priced 3.6% 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 62 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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