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$440,000

1205 13387 OLD YALE ROAD

Surrey · MLS® R3162332

All units at 13387 Old Yale Rd →

1 bed · 1 bath · 449 sq ft · 1 parking

Condo · Single Family · built 2025 · 31 days on market

Listed by Jeet Singh, Royal LePage West Real Estate Services

Realtor's description

Welcome to "Holland Two" and experience the perfect urban convivence and modern high-rise living. Everything at your doorstep in the heart of Surrey's vibrant city centre. Unit has central air conditioning & balcony has panoramic city & mountain view. Enjoy exclusive access to 19,000 sq ft resort style amenities, fitness centre, rooftop has garden/patio with gas BBA. Quartz counter top in kitchen, hardwood flooring, guest suite, bike storage. Walk to Holland Park, Mall, TNT, SFU Campus, Sky Train, restaurants, hospital. A great investment. Must See.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 449 sq ft
Parking: 1
Year built: 2025
Property tax: $2,086 / yr
Strata fee: $347 / mo ($0.77 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 31
MLS®: R3162332

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Price check

2026 assessment: $448,000 · asking is -1.8%
Price per sq ft: $980 vs $672 median for condos in Surrey for sale (984)
Last sold: $471,276 · Apr 8, 2025

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 31 days · no price changes so far

The market here

Listed now: 60 days; median for 1055 condos for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$448,000	$1,535

The listing shows $2,086 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

$2,438/mo

Mortgage $1,917 · Tax $174 · Strata $347

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

estimated payment

$1,917/ monthly

loan $352,000

25-year amortization

down payment20% · $88,00020%+ 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: $223,111
property transfer tax: $6,800; BC general rate
cash to close: $94,800; down + PTT
total paid: $575,111

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: −$999/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,917 · tax $174 · strata $347 · 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

SurreyGoogle Maps ↗

Drive times

Old Yale Road Elementary1 min
Kwantlen Park Secondary2 min
Kwantlen Polytechnic University (Civic Plaza Campus)2 min
Surrey Memorial Hospital5 min
YVR airport37 min
Downtown Vancouver40 min

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
390 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
100 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
100 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
180 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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