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$325,999

1011 10777 UNIVERSITY DRIVE

Surrey · MLS® R3116597

All units at 10777 University Dr →

1 bed · 1 bath · 550 sq ft · 1 parking

Condo · Single Family · built 2010 · 165 days on market

Listed by Karnail Jaswal, Team 3000 Realty Ltd.

Realtor's description

Recently updated, fresh paint, new laminate in BDRM, new dishwasher, new stove.City Point High Rise 1 Bed Rm Unit on 10th floor, across the Gateway skytrain, walking distance to Central City, School & Rec. Centre. This award-winning living space will WOW you with a quartz countertop, laminate hardwood, Stainless steel appliances. Relax and enjoy the view from your balcony. Investor and first home buyers' Alert! Located in the vibrant university area. The Gateway Skytrain provides quick access to Burnaby and Downtown Vancouver. Walking distance to Surrey Central shopping mall, SFU Campus, KPU-Surrey campus, VCC, City Hall, Library, Community Center and Bus Loop. Rented $1,700/month from July 1st

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 550 sq ft
Parking: 1
Year built: 2010
Property tax: $1,875 / yr
Strata fee: $432 / mo ($0.79 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 165
MLS®: R3116597

Features

No Smoking Home
Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher

Price check

Below typical for the area (-12%)

2026 assessment: $354,000 · asking is -7.9%
Price per sq ft: $593 vs $671 median for condos in Surrey for sale (999)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 165 days · no price changes so far

The market here

Listed now: 59 days; median for 1069 condos for sale; this one 165 days

Condos in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$354,000	$1,213
2025	$407,000	$1,265

Estimated tax down 4.1% from 2025 to 2026.

The listing shows $1,875 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,009/mo

Mortgage $1,420 · Tax $156 · Strata $432

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,420/ monthly

loan $260,799

25-year amortization

down payment20% · $65,20020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $165,305
property transfer tax: $4,520; BC general rate
cash to close: $69,720; down + PTT
total paid: $426,104

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,602/mo
After all costs: −$570/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,420 · tax $156 · strata $432 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-bedroom in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

The building's lot: 5,700 m² (61,354 sq ft) · PID 028-182-898. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Drive times

Kwantlen Park Secondary2 min
Kwantlen Polytechnic University (Civic Plaza Campus)2 min
Discovery Elementary4 min
Surrey Memorial Hospital5 min
Downtown Vancouver39 min
YVR airport39 min

Walkability 93/100 · Very walkable: most errands on foot

Within a 10 minute walk: 6 grocery stores, 14 places to eat or drink, 3 cafes, 11 parks and playgrounds, 1 school, 3 pharmacies, 23 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary K.B. Woodward Elementaryhomes in this catchment
700 m away · 13130 106 Ave, Surrey · 604-588-5918
Secondary Kwantlen Park Secondaryhomes in this catchment
800 m away · 10441 132 St, Surrey · 604-588-6934

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for a 52 storey, 879 unit building
300 m away · 2024 · conditionally approved
Rezoning from Community Commercial Zone (C-8) Highway Commercial Industrial Zone (CHI) and Self-Service Gasoline Station Zone (CG-1) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8); Subdivision (Consolidation) from eight (8) lots into one (1) lot; Official Community Plan (OCP) Amendment to redesignate a portion of the site
Rezoning for a 7 storey, 736 unit building
220 m away · 2026 · under review
Rezoning from CD BL10464 to CD (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8)); Official Community Plan (OCP) Text Amendment from 5.5 to 7.5 FAR; City Centre Plan (CCP) amendment from High Rise Mixed Use - Type I (5.5) to High Rise Mixed Use - Type II (7.5); Consolidation from two (2) lots to one (1) lot; Development Permit for Form Character to permit forty-s
Rezoning for 500 homes
190 m away · 2019 · under review
Rezoning from CD B/L 10464 and RF to CD(based on ?); Development Permit to permit the construction of approximately 500 residential units and 1580m2 of office space within one mid rise and one high rise building and Subdivision to create 2 separate development sites.
Rezoning for a 36 storey, 481 unit building
250 m away · 2023 · conditionally approved
Rezoning from Single Family Residential Zone (RF) to Comprehensive Development Zone (CD); Subdivision (Consolidation) from six (6) lots into one (1) lot; Official Community Plan (OCP) Amendment from Multiple Residential to Downtown 5.5 FAR; City Centre Plan Amendment from Low to Mid Rise Residential to High Rise Residential Type I; Development Permit to allow the phased development of two resident
Rezoning for a 44 storey building
110 m away · 2024 · concluded
Rezoning from Multiple Residential 30 Zone (RM-30) Multiple Residential 70 Zone (RM-70) Multiple Residential 135 Zone (RM-135) and Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential Commercial 135 Zone (RM-135) and Neighbourhood Commercial Zone (C-8); Subdivision from nine (9) lots into four (4) lots and one (1) riparian lot; Official Community Plan (

And 4 smaller applications nearby.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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