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$469,900

1101 13359 OLD YALE ROAD

Surrey · MLS® R3082030

All units at 13359 Old Yale Rd →

1 bed · 1 bath · 611 sq ft · 1 parking

Condo · Single Family · built 2023 · 260 days on market

Listed by Sherry Rekhi, City 2 City Real Estate Services Inc.

Realtor's description

Located steps from Central City, this bright and well-maintained unit offers unbeatable convenience near SkyTrain, SFU, shopping, restaurants, transit, and parks. Features include a functional layout, large windows, laminate and tile flooring, and stainless steel appliances. Enjoy city and mountain views from the spacious balcony. Amenities include a fitness centre, recreation room, and guest suite. Ideal for first-time buyers or investors.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 611 sq ft
Parking: 1
Year built: 2023
Strata fee: $445 / mo ($0.73 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 260
MLS®: R3082030

Features

Pets Allowed With Restrictions
Rentals Allowed

Price check

Above typical for the area (+15%)

2026 assessment: $494,000 · asking is -4.9%
Price per sq ft: $769 vs $671 median for condos in Surrey for sale (989)
Last sold: $555,000 · May 16, 2023

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 260 days · no price changes so far

The market here

Listed now: 64 days; median for 990 condos for sale; this one 260 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$494,000	$1,693
2025	$528,000	$1,641

Estimated tax up 3.2% from 2025 to 2026.

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

$2,492/mo

Mortgage $2,047 · Strata $445

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

estimated payment

$2,047/ monthly

loan $375,920

25-year amortization

down payment20% · $93,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $238,273
property transfer tax: $7,398; BC general rate
cash to close: $101,378; down + PTT
total paid: $614,193

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: −$1,053/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,047 · strata $445 · 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: 3,503 m² (37,706 sq ft) · PID 031-894-658. 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 Old Yale Road Elementaryhomes in this catchment
200 m away · 10135 132 St, Surrey · 604-588-5468
Secondary Kwantlen Park Secondaryhomes in this catchment
600 m 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.

Development nearby

Rezoning for a 44 storey, 424 unit building
370 m away · 2023 · conditionally approved
Rezoning from Single Family Residential Zone (RF) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8); Subdivision (Consolidation) from three (3) to one (1) lot; Official Community Plan (OCP) Amendment to Downtown Densities from 5.5 FAR to 7.5 FAR; Official Community Plan Text Amendment to allow for a density of 9.9 FAR within
Rezoning for a 6 storey, 72 unit building
90 m away · 2025 · under review
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential 70 Zone (RM-70); Development Permit to permit a 6 storey building containing 72 residential units.
Rezoning for a 8 storey, 8 unit building
130 m away · 2023 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Low-Rise (5-8 Storey) Apartment Zone (MR7) Compact Residential Zone (R5); Subdivision (Consolidation) from four (4) lots into one (1) lot; Development Variance Permit a) In Sub-Section C.2. of Part 15 Compact Residential Zone (R5) the minimum lot width for a Type I Interior lot is reduced from 9.7 metres to 9.5 metres for proposed Lot 2; Development Per
Rezoning
220 m away · 2023 · concluded
Rezoning from RM-70 to CD; Development Variance Permit to allow for a small-scale drug store within an existing residential development and to vary the minimum 400 metre separation requirement between a small-scale drug store and an existing drug store.

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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