1 bed · 1 bath · 568 sq ft · 1 parking
Condo · Single Family · built 1982 · 333 days on market
Listed by Amit Palta, Nationwide Realty Corp.
Realtor's description
Wyndham Estates - Best Value in Surrey! An incredible opportunity in the heart of Cloverdale! This beautifully maintained good size studio unit features a modern kitchen (updated in 2022) with new cabinetry, granite countertops, and stainless-steel appliances. The renovated bathroom (2019) offers a sleek walk-in shower, while the main living area includes a Murphy bed which comes with the unit. Living space has an option to be easily redesigned to create a separate bedroom space with a closet. Enjoy the convenience of in-suite laundry, a cozy sitting area, and a spacious balcony with exterior roller shades for added privacy and comfort. Located steps from Save-On-Foods, London Drugs, restaurants, and schools, this home offers unbeatable value in a prime location!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 568 sq ft
- Parking
- 1
- Year built
- 1982
- Property tax
- $1,478 / yr
- Strata fee
- $209 / mo ($0.37 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 333
- MLS®
- R3066282
Features
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,602/mo
- After all costs
- −$70/mo
- Cap rate
- 4.9%
- yearly net rent ÷ price
Costs: mortgage $1,176 · tax $123 · strata $209 · 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
Schools
Catchment schools, Surrey School District 36
- Elementary Martha Currie Elementaryhomes in this catchment
1.5 km away · 5811 184 St, Surrey · 604-576-8551
- Secondary Lord Tweedsmuir Secondaryhomes in this catchment
900 m away · 6151 180 St, Surrey · 778-242-7545
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.
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