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$649,990

11 11255 132 STREET

Surrey · MLS® R3157338

3 bed · 2 bath · 1,233 sq ft · 2 parking

Townhouse · Single Family · built 2007 · 47 days on market

Listed by Jasmeet Sandhu, Century 21 Coastal Realty Ltd.

Welcome to Fraserview Terrace! This 3 bed 2 bath home features an open concept floor plan with a spacious living room including a cozy fireplace that is perfect for entertaining and a massive oversized Primary Bedroom! This unit also comes with insuite laundry, patio space, 2 side by side parking, 1 storage locker, and plenty of visitor parking and street parking. Fabulously located near SFU, Kwantlen, UBC (Future), Surrey Central Mall, T&T, Walmart, City Fun Park and North Surrey Sport and Ice Complex. Quickly commute to neighbouring cities by walking 11 min to Gateway Skytrain or driving via Highway 17 & the Riverview Bridge right around the corner! Don't miss out this opportunity to get into a Starter Townhome!

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,233 sq ft
Parking: 2
Year built: 2007
Property tax: $2,776 / yr
Strata fee: $360 / mo ($0.29 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 47
MLS®: R3157338

Typical for the area (+4.7%)

2026 assessment: $639,000 · asking is +1.7%
Price per sq ft: $527 vs $503 median for townhouses in Surrey for sale (887)
Last sold: $669,000 · Mar 31, 2025

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.

Pets Allowed With Restrictions

On market 47 days

Listed now: 50 days; median for 887 townhouses for sale; this one 47 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

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 Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary James Ardiel Elementaryhomes in this catchment
1.1 km away · 13751 112 Ave, Surrey · 604-588-3021
Secondary Kwantlen Park Secondaryhomes in this catchment
1.7 km away · 10441 132 St, Surrey · 604-588-6934

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.

$3,423/mo

Mortgage $2,832 · Tax $231 · Strata $360

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

estimated payment

$2,832/ monthly

loan $519,992

25-year amortization

down payment20% · $129,99820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $329,591
property transfer tax: $11,000; BC general rate
cash to close: $140,998; down + PTT
total paid: $849,583

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.

Rent: $1,956/mo
After all costs: −$1,799/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,832 · tax $231 · strata $360 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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

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