1 / 19

$299,999

201 13883 LAUREL DRIVE

Surrey · MLS® R3169069

All units at 13883 Laurel Dr →

1 bed · 1 bath · 600 sq ft · 1 parking

Condo · Single Family · built 2013 · 14 days on market

Listed by Shekhar Neupane, Woodhouse Realty

Realtor's description

An excellent opportunity to own a spacious 1BED & 1 BATH with approx 600 square foot unit in the heart of Whalley, featuring one bedrooms, one bathroom, and a 81 square foot private west-facing balcony, with a parking, NO storage locker. This well-maintained building, accessible from King George and the tranquil Laurel cul-de-sac, offers a generous extra-wide foyer, in-suite laundry, and amenities including a gym and rec room. Located in a quiet, central area with walking distance to King George SkyTrain station, walmart, holland park, T&T and Surrey central mall. It boasts incredibly low maintenance fees of $292,7. Ideal for both living and investment, it's conveniently central to everything and within walking distance to numerous amenities. Includes one parking and one storage unit

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 600 sq ft
Parking: 1
Year built: 2013
Property tax: $1,844 / yr
Strata fee: $293 / mo ($0.49 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 14
MLS®: R3169069

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Price check

Below typical for the area (-25%)

2026 assessment: $376,000 · asking is -20%
Price per sq ft: $500 vs $671 median for condos in Surrey for sale (987)

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 14 days · no price changes so far

The market here

Listed now: 62 days; median for 1054 condos for sale; this one 14 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$376,000	$1,289
2025	$406,000	$1,262

Estimated tax up 2.1% from 2025 to 2026.

The listing shows $1,844 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

$1,753/mo

Mortgage $1,307 · Tax $154 · Strata $293

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

estimated payment

$1,307/ monthly

loan $239,999

25-year amortization

down payment20% · $60,00020%+ 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: $152,121
property transfer tax: $4,000; BC general rate
cash to close: $64,000; down + PTT
total paid: $392,120

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: −$315/mo
Cap rate: 4.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,307 · tax $154 · strata $293 · 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: 3,534 m² (38,040 sq ft) · PID 029-128-374. 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 Simon Cunningham Elementaryhomes in this catchment
700 m away · 9380 140 St, Surrey · 604-588-4435
Secondary Queen Elizabeth Secondaryhomes in this catchment
900 m away · 9457 King George Blvd, Surrey · 604-588-1258

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 for a 5 storey, 687 unit building
300 m away · 2025 · under review
Rezoning from RM-45 to CD (based on RM-135); Subdivision from one (1) lot to two (2) lots; General Development Permit for future non-market project consisting of two (2) high-rise towers mid-rise podium buildings and a cluster of low-rise townhomes with approximately 687 units total. OCP amendment designation change from Mid Rise 1 to High Rise 1 Detailed Development Permit for Phase one (1) to pe
Rezoning for a 34 storey, 411 unit building
270 m away · 2020 · under review
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Neighbourhood Commercial Zone (C-5); Official Community Plan (OCP) Amendment from Multiple Residential to Central Business District 7.5 FAR; City Centre Plan Amendment from Mid to High Rise Mixed-Use to High Rise Mixed-Use - Type II; Development Permit to permit the
Rezoning for a 33 storey, 343 unit building
350 m away · 2023 · under review
OCP Amendment to Figure 16: Downtown Densities from 3.5 FAR to 7.5 FAR; CCP Amendment from Mid to High Rise Residential to High Rise Residential ¿ Type II and to amend the road network on the subject site; Rezoning from RF to CD (based on RM-135); Development Permit to permit the development of a 33-storey high-rise residential tower consisting of approximately 343 dwelling units; Subdivision Cons
Rezoning for a 6 storey, 159 unit building
350 m away · 2025 · conditionally approved
Rezoning from Town Centre Commercial Zone (C-15) and Quarter Acre Residential Zone (R2) to Comprehensive Development Zone (CD) (based on based on the Multiple Residential 70 Zone (RM-70); Subdivision (Consolidation) from three (3) lots to one (1) lot and an environmental lot and provision of road dedication; Development Variance Permit (a) in Section B.1 Streamside Setback Areas of Part 7A Riparia
Rezoning
310 m away · 2025 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Special Care Housing 2 Zone (RMS-2); Subdivision (Consolidation) from three (3) lots into one (1) lot; City Centre Plan Amendment to redesignate the lands from Mid Rise to Employment to permit the development of a care facility hospital uses and medical offices as part of a comprehensive substance-use treatm

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.