51 Units3 Storeys102 in StrataBuilt 1996FRAME - WOOD3 Active
Lakewood Terrace — 12088 66TH AVE, West Newton, Surrey, BC
Three-storey wood-frame strata in West Newton, Surrey, built in 1996
Avg Sold Price
$518K
Avg $/sq ft
$415,880
Avg Days on Market
122d
Sold Price Trend
4 recorded sales, $585K (2025-11) → $543K (2026-07) -7.2%
Homes For Sale (3)
| Listed | Unit / Address | Beds | Baths | Price | Tier | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 10, 26 | 218 12088 66 AVENUE | 2 | 2 | $519,999 | Lowest | $507 | 1,025 | 54d | $503/mo | $2,403/yr | eXp Realty of Canada… |
| Sep 9, 26 | 101 6557 121 STREET | 2 | 2 | $535,000 | $507 | 1,055 | 24d | $525/mo | $2,424/yr | RE/MAX Performance R… | |
| Sep 8, 26 | 101 12088 66 AVENUE | 2 | 2 | $538,000 | Top-Tier | $517 | 1,041 | 25d | $529/mo | $2,393/yr | Royal Regal Realty L… |
| Median (3 units) | $535,000 | $507 | 1,041 | 25d | $525/mo | $2,403/yr | |||||
Sold History at Lakewood Terrace
1 unit has sold at Lakewood Terrace in the past 6 months, with an average sale price of $518,000 ($415,880/sq ft).
| Date | Unit / Address | Beds | Baths | vs Asking | Sold Price | $/sqft | Sqft | DOM | Strata Fee | Tax | Listed By |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 9, 26 | 303 12088 66 AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,553 | 93d | $763/mo | $2,902/yr | eXp Realty of Canada… |
| Feb 22, 26 | 112 12088 66 AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,049 | 285d | $504/mo | $2,169/yr | SRS Panorama Realty |
| Dec 29, 25 | 110 6557 121 STREET | 1 | 1 | View → | View Sold Price → | — | 788 | 49d | $388/mo | $2,032/yr | Homelife Benchmark R… |
| Nov 17, 25 | 113 12088 66 AVENUE | 2 | 2 | View → | View Sold Price → | — | 1,277 | 61d | $607/mo | $2,576/yr | RE/MAX Crest Realty |
| Median (4 units) | — | — | — | 1,163 | 77d | $555/mo | $2,372/yr | ||||
Market Summary
There are currently 3 active homes for sale at Lakewood Terrace at 12088 66TH AVE, ranging from $520K to $538K. Recent sold units have averaged $518K, selling in about 122 days on average (≈$415,880/sq ft). Lakewood Terrace is a frame - wood building of 51 units built in 1996 located in West Newton.
Building Details
About This Building
Lakewood Terrace is a three-storey, wood-frame strata building located at 12088 66th Ave in the West Newton neighbourhood of Surrey, BC. Built in 1996 under Strata Plan LMS2150, the building contains 51 suites and offers a practical set of amenities including an elevator, in-suite laundry, storage, and wheelchair access. The strata does not permit pets under its current bylaws, making it best suited to buyers without animals. Rentals are allowed with restrictions, which may appeal to investors. Monthly strata fees cover caretaker services, gardening, gas, heat, and professional management — a comprehensive package that simplifies ownership costs, particularly for those on a fixed budget or new to strata living. Lakewood Terrace is a mid-sized residential building that balances accessibility features with everyday conveniences, set within one of Surrey's established and well-connected communities.
Location & Neighbourhood
West Newton is a well-established residential neighbourhood in Surrey, offering convenient access to Newton Town Centre, Strawberry Hill Shopping Centre, and a range of everyday amenities along 72nd Ave and King George Blvd. The area is served by multiple TransLink bus routes connecting residents to Surrey Central Station and beyond, making car-free commuting a practical option. Residents are also within easy reach of parks including Hjorth Road Regional Park and Sullivan Park, as well as a variety of schools serving elementary through secondary levels.
Building Market Stats
Avg Asking Price
$531K
Sold in 6 Months
1 units
Avg Sold Price
$518K
Avg $/SqFt
$415,880
Avg DOM
122 days
Sale-to-List
98.1%
Amenities & Bylaws
Strata Information
Financial Health
Strata Plan No.LMS2150
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 12088 66TH AVE?
Lakewood Terrace is the strata complex located at 12088 66TH AVE, West Newton, Surrey, BC. Built in 1996. It has 51 residential units.
Are pets allowed at Lakewood Terrace?
No. The strata bylaws at Lakewood Terrace do not permit pets.
How many units are in Lakewood Terrace?
Lakewood Terrace (12088 66TH AVE) has 51 residential units built in 1996. Strata Plan LMS2150.
When was Lakewood Terrace built?
Lakewood Terrace at 12088 66TH AVE was built in 1996. It is a frame - wood construction building.
What amenities does Lakewood Terrace have?
Lakewood Terrace amenities include: ELEVATOR, IN SUITE LAUNDRY, STORAGE, WHEELCHAIR ACCESS.
What has sold at 12088 66TH AVE recently?
In the past 6 months, 1 unit has sold at Lakewood Terrace, with an average sale price of $518,000.
What is the average sold price at Lakewood Terrace?
Recent units at Lakewood Terrace have sold for an average of $518,000, typically in 122 days on market.
Who is the best realtor to sell my unit at Lakewood Terrace?
Lakewood Terrace units have recently sold for an average of $518,000 in about 122 days. Saeed Farahani is a West Newton specialist at Re/Max Crest Realty — contact Saeed for a free building valuation.
How long does it take to sell a unit at Lakewood Terrace?
Recent units at Lakewood Terrace have sold in an average of 122 days on market, with units typically selling at 98.1% of asking price.
Frequently Asked Questions
Other Buildings in This Complex
Part of the LAKEWOOD TERRACE complex — buildings share common neighbourhood amenities.
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