Townhouse
$539,900
21% under assessed8 6140 192 Street
Surrey52 days on market
MLS® R3156975
1 / 21
2 bed · 2 bath · 890 sq ft · 1 parking
Condo · Single Family · built 1994 · 24 days on market
Listed by Jag Panesar, Royal LePage Global Force Realty
Realtor's description
SPACIOUS GROUND FLOOR LIVING IN THE HEART OF NEWTON! Welcome to Midtown Villas, where comfort, convenience, and location come together. This generously sized 2 bed, 2 bath renovated home is well maintained and features a layout with plenty of storage space. Step outside onto your beautiful private patio perfect for morning coffee, relaxing, or entertaining. The primary bedroom features a walk-in closet and ensuite, while the home also offers in-suite laundry, gas fireplace, with gas included in the strata fee. Enjoy a convenient location with schools, parks, the library, rec. center, wave pool, ice rink, transit, shopping, banks, medical services and everyday amenities just minutes away within walking distance. This one is definitely worth a look! Pets are permitted with restrictions.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 890 sq ft
- Parking
- 1
- Year built
- 1994
- Property tax
- $2,251 / yr
- Strata fee
- $385 / mo ($0.43 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed
- Days on market
- 24
- MLS®
- R3165967
Features
- Pets Allowed
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,747/mo
Mortgage $2,174 · Tax $188 · Strata $385
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
- $1,872/mo
- After all costs
- −$1,059/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $188 · strata $385 · 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 ↗
Schools
Catchment schools, Surrey School District 36
- Elementary Bear Creek Elementaryhomes in this catchment
1000 m away · 13780 80 Ave, Surrey · 604-594-7501
- Secondary Frank Hurt Secondaryhomes in this catchment
500 m away · 13940 77 Ave, Surrey · 604-590-1311
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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