Townhouse
$769,888
18 6950 120 STREET
Surreylisted today
MLS® R3174280
1 / 29
2 bed · 2 bath · 955 sq ft · 2 parking
Condo · Single Family · built 2009 · 87 days on market
Listed by Baljinder Kang, Coldwell Banker Universe Realty
Realtor's description
Welcome to Clover Downs Estates in the heart of Cloverdale! This former 2 bed, 2 bath show suite offers a spacious kitchen, open-concept layout, and a private 254 sq. ft. wrap-around patio surrounded by beautifully landscaped greenery. Enjoy fantastic amenities including a fitness centre, amenity room, games room, outdoor courtyard, and guest suite. This home also features 2 side-by-side underground parking stalls, a storage locker, bike room, and visitor parking. Conveniently located within walking distance to shopping, restaurants, parks, and transit. Located in the Martha Currie Elementary and Lord Tweedsmuir Secondary catchments. A fantastic opportunity in a sought-after community!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 955 sq ft
- Parking
- 2
- Year built
- 2009
- Property tax
- $2,387 / yr
- Strata fee
- $402 / mo ($0.42 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 87
- MLS®
- R3146123
Features
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$3,210/mo
Mortgage $2,610 · Tax $199 · Strata $402
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
- −$1,523/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $199 · strata $402 · 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 Martha Currie Elementaryhomes in this catchment
1.3 km away · 5811 184 St, Surrey · 604-576-8551
- Secondary Lord Tweedsmuir Secondaryhomes in this catchment
1.0 km away · 6151 180 St, Surrey · 778-242-7545
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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