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$799,000

12 18939 65 AVENUE

Surrey · MLS® R3157868

2 bed · 2 bath · 1,461 sq ft · 2 parking

Townhouse · Single Family · built 1999 · 47 days on market

Listed by Leo Ronse, Royal LePage - Wolstencroft

55+ Townhouse located in the quiet neighborhood of Glenwood Gardens!! This bright & spacious RANCHER with 2 beds, 2 baths, has an open floor plan with vaulted ceilings & a private patio & yard. Excellent layout! Conveniently situated within walking distance to Shopping, Restaurants, Pharmacy, Clinic, Transit, schools and parks, making this a great central location. 2 pets permitted with restrictions. Very well run townhouse complex. Book your showing today!!

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,461 sq ft
Parking: 2
Year built: 1999
Property tax: $3,640 / yr
Strata fee: $370 / mo ($0.25 / sq ft)
Strata rules: Pets Allowed With Restrictions, Age Restrictions
Days on market: 47
MLS®: R3157868

Buying in a building from 1982 to 2000: what to read first

Above typical for the area (+8.5%)

Price per sq ft: $547 vs $504 median for townhouses in Surrey for sale (893)

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
Age Restrictions
Washer
Refrigerator
Dishwasher
Stove

On market 47 days

Listed now: 51 days; median for 893 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 Maps can be out of date or miss a lot line; confirm with the municipality.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 Latimer Road Elementaryhomes in this catchment
Secondary Clayton Heights Secondaryhomes in this catchment

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.

$4,155/mo

Mortgage $3,481 · Tax $303 · Strata $370

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

estimated payment

$3,481/ monthly

loan $639,200

25-year amortization

down payment20% · $159,80020%+ 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: $405,150
property transfer tax: $13,980; BC general rate
cash to close: $173,780; down + PTT
total paid: $1,044,350

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: $1,872/mo
After all costs: −$2,607/mo
Cap rate: 1.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,481 · tax $303 · strata $370 · insurance ~$175 · 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

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