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Terrane - 12040 Avenue

Surrey, V3W 1P5

For Sale In Building & Complex

Date Address Status Bed Bath Price Attributes Sqft DOM Strata Fees Tax Listed By
06/12/2026 132 12040 Avenue Active 4 4 $835,000 ($369/sqft) Good Deal 2264 1 $595 $3,946 in 2025 Century 21 Coastal Realty Ltd.
06/01/2026 159 12040 Avenue Active 3 2 $799,000 ($517/sqft) 1545 12 $374 $3,392 in 2025 Century 21 AAA Realty Inc.
05/21/2026 145 12040 Avenue Active 4 4 $799,900 ($333/sqft) Good Deal 2402 23 $596 $3,983 in 2025 RE/MAX Crest Realty
04/10/2026 102 12040 Avenue Active 3 2 $829,000 ($538/sqft) 1540 64 $374 $3,439 in 2025 Grand Central Realty
03/16/2026 135 12040 Avenue Active 3 4 $929,000 ($434/sqft) 2139 89 $438 $3,886 in 2025 Sutton Group-West Coast Realty
03/10/2026 62 12040 Avenue Active 3 3 $798,000 ($407/sqft) Lowest Good Deal 1960 95 $493 $3,824 in 2025 Multiple Realty Ltd.
02/26/2026 146 12040 Avenue Active 4 4 $999,000 ($413/sqft) Top-Tier 2416 107 $440 RE/MAX Performance Realty
Avg: $855,557   2038 56  

Sold History

Date Address Bed Bath Asking Price Sold Price Sqft DOM Strata Fees Tax Listed By

Building Information

Building Name: Terrane
Building Address: 12040 Avenue, Surrey, V3W 1P5
Levels: 3
Suites: 191
Status: Completed
Built: 2005
Title To Land: Freehold Strata
Building Type: Strata
Strata Plan: BCS862
Subarea: West Newton
Area: Surrey
Board Name: Fraser Valley Real Estate Board
Management: Obsidian Property Management
Management Phone: 604-757-2151
Units in Development: 191
Units in Strata: 191
Subcategories: Strata
Property Types: Freehold Strata

Building Contacts

Management: Obsidian Property Management
phone: 604-757-2151

Description

Terrane - 12040 68th Avenue, Surrey, BC V3W 1T7, BCS862 - located on 68th Avenue and 120th Street in West Newton just minutes away from Safeway, Shoppers Drugmart, Canadian Tire, Costco, Starbucks, Tim Hortons, The Pantry Restaurant, Boston Pizza, McDonalds, several banks, Kings Cross Medical Clinic, Hyland Creek Park, Hyland Elementary and Queen Elizabeth Secondary. Direct access to public transit and major transportation routes allows an easy commute to surrounding destinations including Langley, Richmond, Downtown Vancouver and BC cities.  

Terrane was built in 2005, offers 191 townhomes featuring openplan living and dining areas, spacious bedrooms, high ceilings, in-suite laundries and private fenced yards. Building amenities include an exercise centre and clubhouse with lounge, fireplace, kitchen, change room and billiards room. Maintenance fees include garbage pick-up, gardening, management and recreation facility.  

Terrane - luxurious townhome living in a central location - move here today!

Terrane Market Summary

Terrane is a residential building located at 12040 Avenue in Surrey, built in 2005. There are currently 7 active listings with an average asking price of $855,557, ranging from $798,000 to $999,000. In the past 1 year, 5 units have sold at an average price of $790,800, averaging 30 days on market.

Active Listings
7
Avg. Asking Price
$855,557
Sold (1 Year)
5
Avg. Sold Price
$790,800
Avg. $/SqFt
$447
Avg. Days on Market
30

Frequently Asked Questions

How many units are for sale at Terrane?

There are currently 7 active listings at Terrane, with an average asking price of $855,557.

How much do units sell for at Terrane?

In the past 1 year, 5 units have sold at an average price of $790,800, averaging 30 days on market.

When was Terrane built?

Terrane was built in 2005 and is located in Surrey.

Are there pet or rental restrictions at Terrane?

The strata bylaws at Terrane include the following restrictions: Pets allowed w/rest.,rentals not allowed.

Strata ByLaws

svg_pet.svg
Animals
PETS ALLOWED W/REST.

Pets Restrictions

Pets Allowed: 2
Dogs Allowed: Yes
Cats Allowed: Yes

Amenities

clubhouse.svg
Club House
exercise.svg
Exercise Centre
garden.svg
Garden
laundry.svg
In Suite Laundry
playhouse.svg
Playground

Construction Info

Year Built: 2005
Levels: 3
Construction: Frame - Wood
Rain Screen: Full
Roof: Asphalt
Foundation: Concrete Perimeter
Exterior Finish: Vinyl

Maintenance Fee Includes

Garbage Pickup
Gardening
Management
Recreation Facility

Features

Openplan Living And Dining Areas
Spacious Bedrooms
High Ceilings
In-suite Laundries
Private Fenced Yards
Exercise Centre
Clubhouse With Lounge, Fireplace, Kitchen, Change Room And Billiards Room
$399.49
2005
$0.24
3

What's Your Property Worth?

Location

Other Buildings in Complex

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Building Our Team
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Amir Emrani
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Yash Nasab
English, Farsi

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of the Hani & Les | BC Condos And Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC