Queens – Forest Hills.

Overview

Queens – Forest Hills is a 127-home townhome development at 7858 137 Street, Surrey, BC, in South Newton. Homes run 972 to 1,943 sq. ft. Blended pricing is around $640 per sq. ft. Estimated completion is 2027.

At up to 1,943 sq. ft. these are detached-house alternatives rather than starter homes. The buyer is usually a family trading up out of an apartment, or down out of a single-family house.

Location

South Newton is family-oriented, low-rise Surrey. Newton Town Centre and the Newton Exchange bus loop handle daily needs, Newton Athletic Park and the Wave Pool cover recreation, and King George Boulevard is the spine. There is no rapid transit and none currently planned this far south, which is the trade you are making for square footage.

The homes

• 127 townhomes
• 972 – 1,943 sq. ft.
• Blended pricing around $640 per sq. ft.
• At that blended rate, roughly $622,000 for the smallest plan and $1,244,000 for the largest
• 15% deposit
• Estimated completion 2027
• Status: Now Selling

How the pricing compares

Measured against 19 other Surrey townhome projects in my database, the median blended price is $623 per sq. ft. Queens – Forest Hills at $640 is within a few percent of it, effectively at market. That makes this a decision about the specific home rather than about the price level: orientation, floor, plan efficiency and outlook are what will differentiate your outcome here.

Direct comparables

Priced under it: The Beverly at $623, The Boroughs (Phase 3) – Chelsea at $630, Nature Haus at $635 per sq. ft. Priced over it: Douglas Green Living (Townhomes) at $651, The Park Landmark at $655, Center 128 at $665 per sq. ft. The spread across that group is mostly siting and phase, not build quality.

What I would check before you sign

1. The outside completion date in the disclosure statement, which will be later than the estimate above and is the date you are actually agreeing to.
2. The deposit milestones, and whether your funds are committed elsewhere at those dates.
3. Assignment terms: whether you can assign, the fee, and whose consent you need. CSAIR reporting now makes assignment activity visible to the CRA.
4. GST and the first-time buyer rebate. In this price band the rebate changes the arithmetic materially. Worth running the numbers before you commit.
5. Stacked versus traditional townhome, plus orientation and whether it is an end unit, these drive both livability and resale more than finishes do.
6. The unsold inventory specifically. On a selling project this tells you a lot.
7. Monthly costs: strata fees on the plan you actually want.

If you are weighing Queens – Forest Hills against the comparables above, I am happy to go through them with you side by side rather than one brochure at a time. I can also get you current pricing and plans.

Find it on the map.

7858 137 Street, Surrey, BC