1 bed · 1 bath · 484 sq ft · 1 parking
Condo · Single Family · built 2010 · 129 days on market
Listed by Saad Murad Agha, eXp Realty of Canada Inc.
Realtor's description
INVESTORS & FIRST-TIME BUYERS! Turnkey 19th-floor unit in a prime central location steps to Gateway Skytrain, SFU, and shopping. Incredibly easy to rent! West-facing floor-to-ceiling windows offer great natural light and mountain views. Practical layout features a bright kitchen, private den/office space, and in-suite laundry. Fully rental-friendly (100% rentals allowed). Building amenities include an equipped fitness centre, media room, and clubhouse. Includes 1 underground parking stall and 1 storage locker. Do not miss this fantastic investment opportunity!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 484 sq ft
- Parking
- 1
- Year built
- 2010
- Property tax
- $1,783 / yr
- Strata fee
- $417 / mo ($0.86 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 129
- MLS®
- R3131110
Features
- Pets Allowed With Restrictions
- Rentals Allowed
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,602/mo
- After all costs
- −$520/mo
- Cap rate
- 3.3%
- yearly net rent ÷ price
Costs: mortgage $1,394 · tax $149 · strata $417 · 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
Schools
Catchment schools, Surrey School District 36
- Elementary K.B. Woodward Elementaryhomes in this catchment
700 m away · 13130 106 Ave, Surrey · 604-588-5918
- Secondary Kwantlen Park Secondaryhomes in this catchment
800 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.
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