93 Units3 StoreysBuilt 2003FRAME - WOOD1 Active
Lakebridge — 5811 122ND STREET, Panorama Ridge, Surrey, BC
A 93-suite wood-frame townhome community in Surrey's Panorama Ridge neighbourhood
Avg Sold Price
$1.04M
Avg $/sq ft
$347,500
Avg Days on Market
38d
Homes For Sale (1)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 9, 26 | 5814 122 STREET | 4 | 4 | $1,189,000 | Lowest | $372 | 3,198 | 24d | $535/mo | $4,487/yr | eXp Realty of Canada… |
| Median (1 unit) | $1,189,000 | $372 | 3,198 | 24d | $535/mo | $4,487/yr | |||||
Sold History at Lakebridge
1 unit has sold at Lakebridge in the past 6 months, with an average sale price of $1,042,500 ($347,500/sq ft).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 9, 26 | 41 5811 122 STREET | 3 | 4 | View → | View Sold Price → | — | 3,433 | 23d | $585/mo | $4,474/yr | RE/MAX Colonial Paci… |
| Mar 2, 26 | 43 5811 122 STREET | 4 | 4 | View → | View Sold Price → | — | 3,540 | 52d | $619/mo | $4,477/yr | Nationwide Realty Co… |
| Median (2 units) | — | — | — | 3,487 | 38d | $602/mo | $4,476/yr | ||||
Market Summary
There is currently 1 active home for sale at Lakebridge at 5811 122ND STREET, priced at $1.19M. Recent sold units have averaged $1.04M, selling in about 38 days on average (≈$347,500/sq ft). Lakebridge is a frame - wood building of 93 units built in 2003 located in Panorama Ridge.
Building Details
About This Building
Lakebridge is a three-storey wood-frame strata development located at 5811 122nd Street in the Panorama Ridge neighbourhood of Surrey, BC. Built in 2003 under Strata Plan LMS3144, the building comprises 93 suites and offers a clubhouse as a shared amenity for residents. Strata fees cover gardening and professional management, keeping the grounds and common areas maintained without extra coordination from owners. Rentals are permitted with restrictions, which can suit investors or owners who may need flexibility down the road. However, the strata bylaws do not allow pets, so this building is best suited to buyers who do not have animals or plan to keep them. The complex sits within a well-established residential area of South Surrey, close to schools, parks, and everyday shopping. Lakebridge offers a practical, mid-sized community feel for those looking for a townhome-style strata in a settled Surrey neighbourhood.
Location & Neighbourhood
Panorama Ridge is a quiet, established residential neighbourhood in south Surrey, bordered by 64th Avenue to the north and the Nicomekl River corridor to the south, with good access to Highway 10 and King George Boulevard for commuters heading toward Langley or the Scott Road SkyTrain station. The area has a number of elementary and secondary schools nearby, including Panorama Ridge Secondary, and is within a short drive of Panorama Park and the amenities along 120th Street. Everyday essentials including grocery stores, restaurants, and medical services are readily accessible along the nearby commercial corridors.
Building Market Stats
Avg Asking Price
$1.19M
Sold in 6 Months
1 units
Avg Sold Price
$1.04M
Avg $/SqFt
$347,500
Avg DOM
38 days
Sale-to-List
95.1%
Amenities & Bylaws
Strata Information
Financial Health
Strata Plan No.LMS3144
Contingency Reserve FundContact agent for details
CRF Per UnitContact agent for details
Special LeviesInquire with strata
Depreciation ReportAvailable on request
Management & Meetings
AGM ScheduleAnnual — contact strata
Council MembersElected owners
Insurance CoverageFull building replacement
Bylaw Last UpdatedContact strata for date
Note: Strata documents including full meeting minutes, the depreciation report, and bylaws are available to serious buyers upon request. Saeed can obtain and review these as part of your due diligence.
Quick Answers
What building is at 5811 122ND STREET?
Lakebridge is the strata complex located at 5811 122ND STREET, Panorama Ridge, Surrey, BC. Built in 2003. It has 93 residential units.
Are pets allowed at Lakebridge?
No. The strata bylaws at Lakebridge do not permit pets.
How many units are in Lakebridge?
Lakebridge (5811 122ND STREET) has 93 residential units built in 2003. Strata Plan LMS3144.
When was Lakebridge built?
Lakebridge at 5811 122ND STREET was built in 2003. It is a frame - wood construction building.
What amenities does Lakebridge have?
Lakebridge amenities include: CLUB HOUSE.
What has sold at 5811 122ND STREET recently?
In the past 6 months, 1 unit has sold at Lakebridge, with an average sale price of $1,042,500.
What is the average sold price at Lakebridge?
Recent units at Lakebridge have sold for an average of $1,042,500, typically in 38 days on market.
Who is the best realtor to sell my unit at Lakebridge?
Lakebridge units have recently sold for an average of $1,042,500 in about 38 days. Saeed Farahani is a Panorama Ridge specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Lakebridge?
Recent units at Lakebridge have sold in an average of 38 days on market, with units typically selling at 95.1% of asking price.
Frequently Asked Questions
Other Buildings in This Complex
Part of the LAKEBRIDGE complex — buildings share common neighbourhood amenities.
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