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$399,900

1409 10626 CITY PARKWAY

Surrey · MLS® R3089041

All units at 10626 City Pky →

1 bed · 1 bath · 438 sq ft · 1 parking

Condo · Single Family · built 2023 · 240 days on market

Listed by Gurinder Cheema, RE/MAX Performance Realty

Realtor's description

Well kept UNIT with Mountain City & BC Lions Park Views! This 1 Bed 1 Bath plan is an open layout concept, New style Kitchen, high-end SS Bosch appliances & laminate flooring.1 Parking n bike room. Amenities include over 6000 sqft rooftop terrace with outdoor lounge, BBQ, kids play area & planters, fitness Center & yoga space, meeting room and a Lounge over 5000 sqft of space with a chef's kitchen for large gatherings. Secured entry & common spaces. LIVE or RENT. DT Surrey, walking distance to 2 Sky-Train Stations. So close to SC Mall, Shopping, SFU, KPU, & Douglas Campus, Hosptial, future UBC Campus, Tom Binne Park & much more. Easy to show. 2-5-10 years New Home Warranty in place. Grab it before its gone!

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 438 sq ft
Parking: 1
Year built: 2023
Property tax: $1,786 / yr
Strata fee: $324 / mo ($0.74 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed
Days on market: 240
MLS®: R3089041

Features

Pets Allowed
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Price check

2026 assessment: $384,000 · asking is +4.1%
Price per sq ft: $913 vs $673 median for condos in Surrey for sale (986)

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 240 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 240 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$384,000	$1,316
2025	$398,700	$1,239

Estimated tax up 6.2% from 2025 to 2026.

The listing shows $1,786 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

$2,215/mo

Mortgage $1,742 · Tax $149 · Strata $324

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
property transfer tax: $5,998; BC general rate
cash to close: $85,978; down + PTT
total paid: $522,698

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: −$776/mo
Cap rate: 2.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,742 · tax $149 · strata $324 · 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

The building's lot: 2,983 m² (32,109 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary K.B. Woodward Elementaryhomes in this catchment
800 m away · 13130 106 Ave, Surrey · 604-588-5918
Secondary Kwantlen Park Secondaryhomes in this catchment
700 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

Development permit for a 52 storey building
400 m away · 2023 · concluded
Development Permit / Development Variance Permit and Housing Agreement to permit the development of Phase 2 of a mixed-use project consisting of one 52-storey mixed-use tower and one 2-storey stand-alone commercial building.
Rezoning for 298 homes
360 m away · 2024 · under review
Rezoning from RF to CD (Based on RM-135 C-8) OCP Amendment from 5.5 FAR to 7.5 FAR City Centre Plan Amendment for a portion of the site from Plaza to High-Rise Mixed Use and High-Rise Mixed Use 15.5 FAR to 27.5 FAR Consolidation from two (2) to one (1) lot and a Development Permit for 298 residential units and 4 397.00 sq. m. of commercial space.
Rezoning for a 31 storey, 296 unit building
130 m away · 2024 · under review
Rezoning from Highway Commercial Industrial Zone (CHI) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8); Subdivision (Consolidation) from two (2) lots into one (1) lot; Official Community Plan (OCP) Text Amendment to a portion of the site from 3.5 FAR to 7.5 FAR a portion of the site from 3.5 FAR to 11.04 FAR; Neighbourhood
Community plan change
330 m away · 2020 · under review
Detailed development permit for a 518 unit residential tower. (See also 7918-0350-00 Change in scope to include these properties in RZ NCP OCP SD applications-Jan. 27 2021)
Rezoning
380 m away · 2025 · concluded
Rezoning from Community Commercial Zone (C-8) to Comprehensive Development Zone (CD) (Based on C-8); Liquor and Cannabis Regulation Branch Recommendation and Development Permit to permit a cannabis retail store in an existing commercial retail unit and reconstruction of the parking lot

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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