Condo
$299,999
20% under assessed201 13883 LAUREL DRIVE
Surrey15 days on market
MLS® R3169069
1 / 16
1 bath · 327 sq ft
Condo · Single Family · built 2025 · 247 days on market
Listed by Bobby Kalsi, eXp Realty of Canada Inc.
Realtor's description
Welcome to Flamingo One, located in Surrey Central. This New studio home offers bright, open concept living with modern finishes and beautiful city views. Thoughtfully designed to maximize space and functionality, the airy layout feels larger than expected, while the private covered balcony extends your living space. Enjoy over 25,000 sq. ft. of premium amenities, including an outdoor lounge with BBQ area, fitness centre, theatre, coworking spaces, and more. A short walk to transit, restaurants, and cafes. An excellent opportunity for professionals, first time buyers, or investors looking for strong rental potential and low monthly strata fees. Includes one storage locker, no parking. Book your showing today!
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 327 sq ft
- Parking
- 0
- Year built
- 2025
- Strata fee
- $205 / mo ($0.63 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed
- Days on market
- 247
- MLS®
- R3085974
Features
- Pets Allowed
- Rentals Allowed
Monthly cost
$1,447/mo
Mortgage $1,242 · Strata $205
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,606/mo
- After all costs
- −$5/mo
- Cap rate
- 5.2%
- yearly net rent ÷ price
Costs: mortgage $1,242 · strata $205 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 Forsyth Road Elementaryhomes in this catchment
500 m away · 10730 139 St, Surrey · 604-588-8394
- Secondary Kwantlen Park Secondaryhomes in this catchment
1.2 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.
Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.
