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$499,000

103 12733 72 AVENUE

Surrey · MLS® R3158055

All units at 12733 72 Ave →

2 bed · 2 bath · 1,070 sq ft · 2 parking

Condo · Single Family · built 1995 · 45 days on market

Listed by Mike Khanna, YPA Your Property Agent

Realtor's description

Welcome to Newton Court! This spacious and well-maintained 2-bedroom, 2-bathroom ground-floor home offers comfortable living in a convenient West Newton location. Featuring a functional layout, generous living space, gas fireplace and private outdoor space, this home is ideal for first-time buyers, downsizers or investors. The well-managed complex offers underground parking, storage and ample visitor parking. Conveniently located close to transit, schools, Newton Athletic Park, Kwantlen Polytechnic University, shopping, restaurants and everyday amenities. A great opportunity to own in a desirable community with a strong history of resale value. Don't miss this one!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,070 sq ft
Parking: 2
Year built: 1995
Property tax: $2,494 / yr
Strata fee: $402 / mo ($0.38 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 45
MLS®: R3158055

Buying in a building from 1982 to 2000: what to read first

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Below typical for the area (-31%)

2026 assessment: $556,600 · asking is -10%
Price per sq ft: $466 vs $672 median for condos in Surrey for sale (984)

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 45 days · no price changes so far

The market here

Listed now: 60 days; median for 1054 condos for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$556,600	$1,908

The listing shows $2,494 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

$2,784/mo

Mortgage $2,174 · Tax $208 · Strata $402

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

estimated payment

$2,174/ monthly

loan $399,200

25-year amortization

down payment20% · $99,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $253,029
property transfer tax: $7,980; BC general rate
cash to close: $107,780; down + PTT
total paid: $652,229

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: $1,872/mo
After all costs: −$1,097/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,174 · tax $208 · strata $402 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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: 13,395 m² (144,182 sq ft) · PID 023-116-994. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Dr. F.D. Sinclair Elementaryhomes in this catchment
500 m away · 7480 128 St, Surrey · 604-596-1537
Secondary Princess Margaret Secondaryhomes in this catchment
300 m away · 12870 72 Ave, Surrey · 604-594-5458

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 8 storey, 201 unit building
210 m away · 2026 · conditionally approved
Rezoning from Comprehensive Development Zone (CD) (Bylaw No. 21295) to Comprehensive Development Zone (CD) (based on Institutional Zone (PI); Official Community Plan (OCP) Amendment from Urban II to Employment II; Development Permit to permit the development of an eight-storey student housing building with a total of 201 units (359 beds) with supporting services and a cafeteria / dining hall.

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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