128 15111 Edmund Drive

Surrey · MLS® R3164364

all units at 15111 Edmund Dr →

332

1,327 sq ft · Townhouse · Single Family · built 2020 · 46 days on market

listed by Andrea Castro, RE/MAX City Realty

realtor's description

CORNER HOME! LIKE-NEW! Welcome to Townsend by Polygon! This beautifully maintained bright corner home offers an exceptional layout with windows on multiple sides and an abundance of natural light. Originally showcased as the show home, it features a spacious open-concept main floor, contemporary kitchen, generous living and dining areas, and a large private balcony perfect for entertaining. Enjoy your own front yard, spacious bedrooms, stylish bathrooms and an extra-long tandem garage offering excellent parking and storage. Ideally positioned within the community, walking distance to all shopping, amenities, transit and more. Move-in ready and shows beautifully! pictures are virtually staged.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,327 sq ft
parking: 2
year built: 2020
property tax: $3,351 / yr
strata fee: $1 / mo ($0.00 / sq ft)
days on market: 46
MLS®: R3164364

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Garage door opener

the market here

listed now: 52 days; median for 885 townhouses for sale; this one 46 days

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

property tax by year

year	assessed	est. tax
2026	$817,000	$2,800
2025	$886,000	$2,754

Estimated tax up 1.7% from 2025 to 2026.

The listing shows $3,351 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

$3,765/mo

Mortgage $3,485 · Tax $279 · Strata $1

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

estimated payment

$3,485/ monthly

loan $639,840

25-year amortization

down payment20% · $159,96020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $405,556
property transfer tax: $13,996; BC general rate
cash to close: $173,956; down + PTT
total paid: $1,045,396

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,310/mo
after all costs: −$1,815/mo
cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,485 · tax $279 · strata $1 · 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.

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

the building's lot: 32,946 m² (354,627 sq ft) · PID 031-177-506. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

schools

Catchment schools, Surrey School District 36

Elementary Sullivan Elementaryhomes in this catchment
700 m away · 6016 152 St, Surrey · 604-597-1977
Secondary Sullivan Heights Secondaryhomes in this catchment
700 m away · 6016 152 St, Surrey · 604-597-1977

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
360 m away · 2016 · under review
To rezone from RH to CD in order to create a mixed use development which would include commercial retail office and light industrial uses.

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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