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Building & Condo Information

Terrane

12040 68th Ave. Surrey, BC V3W 1P5, Canada

Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest RealtyRE/MAX
BC Condos and Homes Team
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
  • Levels3
  • Suites191
  • StatusCompleted
  • Built2005
  • Title to LandFreehold Strata
  • Strata PlanBCS862
  • ConstructionFrame - Wood
  • AreaSurrey
  • NeighbourhoodWest Newton

For Sale in Terrane & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-03-16 135 12040 68 Ave. Active 3 4 $929,000 ($434/sf) 2139 $438 $3886 (2025) Sutton Group-West Coast Realty
2026-04-10 102 12040 68 Ave. Active 3 2 $829,000 ($538/sf) 1540 $374 $3439 (2025) Grand Central Realty
2026-03-10 62 12040 68 Ave. Active 3 3 $798,000 ($407/sf) 1960 $493 $3824 (2025) Multiple Realty Ltd.
2026-06-12 132 12040 68 Ave. Active 4 4 $765,900 ($338/sf) 2264 $595 $3946 (2025) Century 21 Coastal Realty Ltd.
Avg$830,4751976

Terrane Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2025-12-28 10 12040 68 Ave. 3 3 1975 $799,000 $789,000 ($399/sf) $477 $3688 (2025) Century 21 AAA Realty Inc.
2025-08-24 36 12040 68 Ave. 2 2 1330 $765,000 $700,000 ($526/sf) $336 $2974 (2024) Multiple Realty Ltd.
2025-08-23 92 12040 68 Ave. 3 2 1478 $774,900 $740,000 ($501/sf) $340 $3106 (2024) RE/MAX Performance Realty
2025-07-11 28 12040 68 Ave. 4 3 2024 $868,000 $835,000 ($413/sf) $439 $3426 (2024) Sutton Group-Alliance R.E.S.
2025-07-09 131 12040 68 Ave. 3 4 2255 $916,000 $890,000 ($395/sf) $517 $3561 (2024) Macdonald Realty (Langley)
2025-03-17 172 12040 68 Ave. 3 2 1482 $819,900 $800,000 ($540/sf) $338 $3156 (2024) Keller Williams Ocean Realty
2024-11-15 151 12040 68 Ave. 4 4 2241 $999,000 $970,000 ($433/sf) $516 $3552 (2024) eXp Realty of Canada, Inc.
2024-10-26 168 12040 68 Ave. 4 3 1956 $899,999 $840,000 ($429/sf) $442 $3499 (2024) eXp Realty of Canada, Inc.
2024-10-25 95 12040 68 Ave. 3 2 1524 $799,998 $785,000 ($515/sf) $348 $2886 (2023) Keller Williams Ocean Realty
2024-10-20 87 12040 68 Ave. 3 4 2182 $965,000 $948,888 ($435/sf) $479 $3573 (2024) Sutton Group-Alliance R.E.S.

Sold data from the MLS® feed for strata plan BCS862. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

Terrane Market Summary

Terrane at 12040 68th Ave. — currently 4 active listings averaging $830,475. In the past year 1 unit sold at an average of $789,000.

Active Listings4
Avg Asking Price$830,475
Sold (1 Year)1
Avg Sold Price$789,000
Avg $/Sqft$399

Value & Financing

Price Positioning
$430 /sq ft
Active listings here average $430/sf vs $541/sf across West Newton.
21% below area average
Mortgage Snapshot
$3,668 /mo
Entry price (from)$765,900
20% down payment$153,180
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

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!

Amenities / Features

Club House
Exercise Centre
Garden
In Suite Laundry
Playground

Maintenance Fees Include

Garbage Pickup
Gardening
Management
Recreation Facility

Location / Site Influences

Central Location
Recreation Nearby
Shopping Nearby

Construction & Development

ConstructionFrame - Wood
Exterior FinishVinyl
RoofAsphalt
FoundationConcrete Perimeter
Rain ScreenFull
Management CompanyObsidian Property Management

Strata Information

Strata PlanBCS862
Building TypeStrata
Title to LandFreehold Strata
Units in Strata191
Units in Development191
Management CompanyObsidian Property Management — 604-757-3151
PID100000000
Bylaws / RestrictionsPETS ALLOWED W/REST.,RENTALS NOT ALLOWED
Parking / StorageGrge/double Tandem

Property Documents

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Surrey Townhome Market Reports
Market data by RealtySuite

Location, Street View & Aerial

Street View⤢ Expand

Frequently Asked Questions — Terrane

What year was Terrane built?
Terrane was built in 2005.
How many units are in Terrane?
Terrane has 191 strata units across 3 levels.
What amenities does Terrane offer?
CLUB HOUSE, EXERCISE CENTRE, GARDEN, IN SUITE LAUNDRY, PLAYGROUND.
Is Terrane pet-friendly, and what are the bylaws?
Terrane bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS NOT ALLOWED.
Who is the property manager for Terrane?
Terrane is managed by Obsidian Property Management, 604-757-3151.
What is the strata plan number for Terrane?
The strata plan number for Terrane is BCS862.
Is Terrane freehold or leasehold?
Terrane is FREEHOLD STRATA.
Where is Terrane located?
Terrane is located at 12040 68th Ave. in Surrey, Surrey.
How is the real estate market at Terrane?
In the past year 1 unit sold at Terrane, averaging $789,000; there are currently 4 active listings for sale.
Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your Terrane specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

Listings for Sale Near Terrane 🔎 MLS® Search »

Active listings nearby80
Average price$736,757
From$50,000
Up to$1,815,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
102 12040 68 Ave. 321540 $829,000
62 12040 68 Ave. 331960 $798,000
135 12040 68 Ave. 342139 $929,000
132 12040 68 Ave. 442264 $765,900
159 12040 68 Ave. 321545 $749,900
63 12040 68 Ave. 432014 $825,000
132 6875 121 St. 232276 $789,000
203 6875 121 St. 221596 $674,900
153 6875 121 St. 221600 $659,900
303 6866 Nicholson Rd. 221439 $499,000
Photos
102 12040 68 AVENUE $829,000 102 12040 68 Ave. · 3bd/2ba · 1540sf 62 12040 68 AVENUE $798,000 62 12040 68 Ave. · 3bd/3ba · 1960sf 135 12040 68 AVENUE $929,000 135 12040 68 Ave. · 3bd/4ba · 2139sf 132 12040 68 AVENUE $765,900 132 12040 68 Ave. · 4bd/4ba · 2264sf 159 12040 68 AVENUE $749,900 159 12040 68 Ave. · 3bd/2ba · 1545sf 63 12040 68 AVENUE $825,000 63 12040 68 Ave. · 4bd/3ba · 2014sf 132 6875 121 STREET $789,000 132 6875 121 St. · 2bd/3ba · 2276sf 203 6875 121 STREET $674,900 203 6875 121 St. · 2bd/2ba · 1596sf 153 6875 121 STREET $659,900 153 6875 121 St. · 2bd/2ba · 1600sf 303 6866 NICHOLSON ROAD $499,000 303 6866 Nicholson Rd. · 2bd/2ba · 1439sf

Terrane Area Map 🔍 Open larger map ↗