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$449,000

107 10468 148th Street

Surrey · MLS® R3161888

2 bed · 1 bath · 860 sq ft · 1 parking

Condo · Single Family · built 1985 · 32 days on market

Listed by Raj Juneja, Woodhouse Realty

Realtor's description

Fantastic opportunity in the heart of Guildford! This bright and spacious 2-bedroom, 1-bathroom home is ideal for first-time buyers, downsizers, or investors. Located in a family-friendly neighbourhood, this home is conveniently close to schools, shopping, recreation, transit, and all essential amenities. Enjoy an abundance of natural light throughout the living room and bedrooms. The elevated location offers added privacy and security. The building features a large RV-friendly garage gate and plenty of visitor parking for your convenience. With rentals allowed, this property offers excellent flexibility and investment potential. A great opportunity to own in one of Surrey's most convenient and desirable communities. Don't miss out-book your showing today!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 860 sq ft
Parking: 1
Year built: 1985
Property tax: $2,009 / yr
Strata fee: $446 / mo ($0.52 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 32
MLS®: R3161888

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

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Refrigerator
Dishwasher
Stove

Price check

Below typical for the area (-22%)

Price per sq ft: $522 vs $671 median for condos in Surrey for sale (1001)

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 32 days · no price changes so far

The market here

Listed now: 60 days; median for 1068 condos for sale; this one 32 days

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

Monthly cost

$2,569/mo

Mortgage $1,956 · Tax $167 · Strata $446

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

estimated payment

$1,956/ monthly

loan $359,200

25-year amortization

down payment20% · $89,80020%+ 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: $227,675
property transfer tax: $6,980; BC general rate
cash to close: $96,780; down + PTT
total paid: $586,875

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: −$882/mo
Cap rate: 2.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,956 · tax $167 · strata $446 · 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

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary
Wildfire
The BC Wildfire Service rates Oliver's wildland urban interface as risk class 1 of 5 (the highest class). 6 wildfires of 10 hectares or more burned within 5 km since 2006: 2025 (10 ha), 2023 (13.8k ha), 2021 (19.9k ha), 2014 (22 ha) and more. Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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