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$405,000

106 9689 140 STREET

Surrey · MLS® R3151095

All units at 9689 140 St →

1 bed · 1 bath · 558 sq ft · 1 parking

Condo · Single Family · built 2020 · 72 days on market

Listed by Holsen Chang, Oakwyn Realty Ltd.

Realtor's description

Welcome to this impeccably maintained 1-bedroom + den home at Fraser Landmark. Enjoy a bright southern exposure tucked away from busy streets for added privacy & tranquility. Offering rare stair-free access from the building entrance, the home enjoys an elevated second-floor outlook thanks to the site's natural grade. Inside, you'll find 9' ceilings, a spacious open layout, a large L-shaped kitchen w/ stainless steel appliances, quartz countertops, under-cabinet lighting, & a beautifully finished bathroom w/ tiled floors and shower. The versatile den is perfect for a home office, nursery, or pet space. Bus stop less than a minute away, future Green Timbers SkyTrain Station (2029) at your doorstep, King George Hub, Surrey Memorial Hospital, surgical centres, shopping, and dining close by.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 558 sq ft
Parking: 1
Year built: 2020
Property tax: $1,952 / yr
Strata fee: $323 / mo ($0.58 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 72
MLS®: R3151095

Features

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

Price check

Above typical for the area (+7.9%)

2026 assessment: $409,000 · asking is -1.0%
Price per sq ft: $726 vs $673 median for condos in Surrey for sale (986)

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 72 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 72 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$409,000	$1,402

The listing shows $1,952 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

$2,250/mo

Mortgage $1,765 · Tax $163 · Strata $323

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

estimated payment

$1,765/ monthly

loan $324,000

25-year amortization

down payment20% · $81,00020%+ 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: $205,364
property transfer tax: $6,100; BC general rate
cash to close: $87,100; down + PTT
total paid: $529,364

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: −$811/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,765 · tax $163 · strata $323 · 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: 3,450 m² (37,135 sq ft) · PID 031-202-730. 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 Simon Cunningham Elementaryhomes in this catchment
600 m away · 9380 140 St, Surrey · 604-588-4435
Secondary Queen Elizabeth Secondaryhomes in this catchment
900 m away · 9457 King George Blvd, Surrey · 604-588-1258

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 5 storey, 687 unit building
390 m away · 2025 · under review
Rezoning from RM-45 to CD (based on RM-135); Subdivision from one (1) lot to two (2) lots; General Development Permit for future non-market project consisting of two (2) high-rise towers mid-rise podium buildings and a cluster of low-rise townhomes with approximately 687 units total. OCP amendment designation change from Mid Rise 1 to High Rise 1 Detailed Development Permit for Phase one (1) to pe
Rezoning for a 34 storey, 411 unit building
120 m away · 2020 · under review
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Neighbourhood Commercial Zone (C-5); Official Community Plan (OCP) Amendment from Multiple Residential to Central Business District 7.5 FAR; City Centre Plan Amendment from Mid to High Rise Mixed-Use to High Rise Mixed-Use - Type II; Development Permit to permit the

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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