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$549,900

116 14885 105 AVENUE

Surrey · MLS® R3129095

2 bed · 2 bath · 973 sq ft · 1 parking

Condo · Single Family · built 2003 · 132 days on market

Listed by Dee Soriano, Sutton Premier Realty

Realtor's description

Space, style, and privacy, one of the best unit of REVIVA. Thoughtfully renovated with laminate flooring throughout, fresh paint, and beautifully painted kitchen cabinets with sleek new hardware, move-in ready and stylish from day one. Two generously sized bedrooms positioned on opposite ends of the unit offer the ultimate in privacy perfect for roommates, guests, or a dedicated home office. Each enjoys its own ensuite bathroom, making mornings effortless. Oversized windows flood the space with natural light, creating an open, airy feel throughout the 950+ sqft layout. Step outside to your covered patio your own private retreat. Includes 1 parking stall, storage locker, underground car wash, and ample visitor parking. Low maint. building & fees. New roof & convenient location.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 973 sq ft
Parking: 1
Year built: 2003
Property tax: $2,349 / yr
Strata fee: $382 / mo ($0.39 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 132
MLS®: R3129095

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-16%)

2026 assessment: $522,000 · asking is +5.3%
Price per sq ft: $565 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 132 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 132 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$522,000	$1,789

The listing shows $2,349 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

$2,974/mo

Mortgage $2,396 · Tax $196 · Strata $382

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

estimated payment

$2,396/ monthly

loan $439,920

25-year amortization

down payment20% · $109,98020%+ 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: $278,838
property transfer tax: $8,998; BC general rate
cash to close: $118,978; down + PTT
total paid: $718,758

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: −$1,287/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,396 · tax $196 · strata $382 · 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

The building's lot: 54,718 m² (588,979 sq ft) · PID 000-466-107. 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 Holly Elementaryhomes in this catchment
600 m away · 10719 150 St, Surrey · 604-585-2566
Secondary Guildford Park Secondaryhomes in this catchment
600 m away · 10707 146 St, Surrey · 604-588-7601

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 46 storey, 602 unit building
380 m away · 2025 · under review
Official Community Plan (OCP) from Low Rise I to High Rise I; Rezoning from MR6 (Low-Rise (4 Storey) Apartment Zone) to Comprehensive Development (CD) based on MR8 (Mid-Rise Apartment Zone); Subdivision from two (2) to three (3) lots; General Development Permit for 1 602 units with separate stand alone child care building with 866 sq. m of commercial space and five high-rise residential towers to
Rezoning for a 30 storey, 445 unit building
240 m away · 2023 · conditionally approved
Rezoning from Downtown Commercial Zone (C-35) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8); Subdivision (Consolidation) from two (2) lots into one (1) lot; Official Community Plan (OCP) Amendment to allow higher density in the Town Centre designation; Neighbourhood Concept Plan (NCP) Amendment to allow for a density of
Rezoning for a 36 storey, 48 unit building
380 m away · 2024 · concluded
Rezoning from Multiple Residential 45 Zone (RM-45) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135); Subdivision from one (1) lot into two (2) lots; Official Community Plan (OCP) Text Amendment to allow for a density of 3.8 FAR within the Multiple Residential designation; Guildford Neighbourhood Concept Plan (NCP) Amendment from Low Rise Transition Residentia
Rezoning for a 6 storey, 192 unit building
250 m away · 2023 · concluded
OCP Amendment from Commercial to Multiple Residential; NCP Amendment from High Rise Residential and High Rise Mixed Use to Low to Mid Rise Residential; Rezoning from C-35 to CD (based on RM-70); Development Permit for the development of two 6-storey apartment buildings with approximately 192 dwelling units and underground parking in Guildford.
Rezoning for a 6 storey, 182 unit building
350 m away · 2023 · conditionally approved
Rezoning from Single Family Residential Zone (RF) to Comprehensive Development Zone (CD) (based on Multiple Residential 70 Zone) RM-70); Subdivision (Consolidation) from six (6) lots into one (1); Development Permit to allow the development of two 6 storey apartment buildings with approximately 182 dwelling units and underground parking on a consolidated site.

And 2 smaller applications nearby.

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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