121 8655 King George Boulevard

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

rent

$2,310/mo

after all costs

−$1,907/mo

cap rate

2.1%

yearly net rent ÷ price

Costs: mortgage $3,159 · tax $272 · strata $426 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Surrey: CMHC's average there ($1,956) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Surrey School District 36

• Elementary Newton Elementaryhomes in this catchment

  1.2 km away · 13359 81 Ave, Surrey · 604-596-8621

• Secondary Princess Margaret Secondaryhomes in this catchment

  3.2 km away · 12870 72 Ave, Surrey · 604-594-5458

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.