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$724,900

1768 LILAC DRIVE

Surrey · MLS® R3167705

3 bed · 2 bath · 1,590 sq ft · 2 parking

Townhouse · Single Family · built 1979 · 13 days on market

Listed by Karen Ralph, One Percent Realty Ltd.

Sought after Alderwood III townhouse complex. 2 storey home w/3 large bedrooms upstairs, big wi closet, 4 piece bthrm. Primary has an extra flex area for added space! The main floor has your kitchen w/eating area, a lvg rm w/wood fp, dng rm w/sliders to your private backyard, facing mature landscape. There is a powder room and massive laundry/utility room leading to your double side by side garage. Fresh paint, new light fixtures, new blinds. Great layout in a wonderful area!

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,590 sq ft
Parking: 2
Year built: 1979
Property tax: $3,155 / yr
Strata fee: $473 / mo ($0.30 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 13
MLS®: R3167705

Below typical for the area (-9.6%)

2026 assessment: $749,500 · asking is -3.3%
Price per sq ft: $456 vs $504 median for townhouses in Surrey for sale (893)

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.

Pets Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove
Dryer

On market 13 days

Listed now: 51 days; median for 893 townhouses for sale; this one 13 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$3,894/mo

Mortgage $3,158 · Tax $263 · Strata $473

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

estimated payment

$3,158/ monthly

loan $579,920

25-year amortization

down payment20% · $144,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $367,576
property transfer tax: $12,498; BC general rate
cash to close: $157,478; down + PTT
total paid: $947,496

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.

Rent: $1,956/mo
After all costs: −$2,270/mo
Cap rate: 1.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,158 · tax $263 · strata $473 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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

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