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$532,000

205 17730 58A AVENUE

Surrey · MLS® R3164708

2 bed · 2 bath · 984 sq ft · 1 parking

Condo · Single Family · built 1994 · 21 days on market

Listed by Ronald Klarenbeek, Stonehaus Realty Corp.

Realtor's description

Welcome to the highly desirable and rarely available Derby Downs. This Large bright 2-bedroom, 2-bathroom 988 sqft corner unit home offers an amazing layout and plenty of natural light. Updated flooring, a large primary bedroom, a updated ensuite. A kitchen featuring Samsung S/S appliances package, lots of cabinetry storage & counter space. The living room features a cozy gas fireplace & spills out onto the balcony. Building upgrades include a new roof in 2019, rain-screen in 2011, updated decks and windows, EV parking available Strata fees include in-floor radiant heat, gas fireplace & hot water. Amenities include an exercise room, guest suite & wood workshop. Transit right at your door and shopping, restaurants, library and schools nearby, This is beautiful living.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 984 sq ft
Parking: 1
Year built: 1994
Property tax: $1,771 / yr
Strata fee: $425 / mo ($0.43 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 21
MLS®: R3164708

Buying in a building from 1982 to 2000: what to read first

Features

No Smoking Home
Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher

Price check

Below typical for the area (-20%)

2026 assessment: $512,000 · asking is +3.9%
Price per sq ft: $541 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 21 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 21 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$512,000	$1,755
2025	$565,000	$1,756

Estimated tax down 0.1% from 2025 to 2026.

The listing shows $1,771 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

$2,890/mo

Mortgage $2,318 · Tax $148 · Strata $425

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

estimated payment

$2,318/ monthly

loan $425,600

25-year amortization

down payment20% · $106,40020%+ 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: $269,762
property transfer tax: $8,640; BC general rate
cash to close: $115,040; down + PTT
total paid: $695,362

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: $1,872/mo
After all costs: −$1,203/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,318 · tax $148 · strata $425 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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: 6,619 m² (71,246 sq ft) · PID 018-649-025. 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 Martha Currie Elementaryhomes in this catchment
1.3 km away · 5811 184 St, Surrey · 604-576-8551
Secondary Lord Tweedsmuir Secondaryhomes in this catchment
800 m away · 6151 180 St, Surrey · 778-242-7545

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 5 storey, 48 unit building
360 m away · 2023 · concluded
Major Development Permit Amendment; Development Variance Permit to permit the development of 5-storey residential building containing 48 dwelling units over 1 level of underground parking and 1 level of wrapped at-grade parking in Cloverdale Town Centre.
Rezoning for a 5 storey, 45 unit building
260 m away · 2025 · under review
Rezoning from C-15 to CD (Based on C-15 RM-70); Development Permit for Form Character; Subdivision Consolidation from 2 lots to 1 lot; Town Centre Plan Amendment from Low Rise Residential to Low Rise Mixed Use designation to permit a 5 storey mixed-use apartment with 252.07 sq. m of commercial space 45 residential units.
Rezoning for a 5 storey, 42 unit building
380 m away · 2022 · under review
Rezoning from RF to CD(based on RM-45 C-5); Development Permit to allow construction of a 5 storey mixed use building with 42 residential units and 573.03 sq.m of commercial space; Cloverdale Town Centre Plan amendment from Low Rise Residential to Low Rise Mixed use and Subdivision to consolidate 3 properties.
Rezoning
260 m away · 2025 · concluded
Rezoning from Highway Commercial Industrial Zone (CHI) to Comprehensive Development Zone (CD) (Based on CHI); Development Variance Permit / Liquor and Cannabis Regulation Branch Recommendation to permit a cannabis retail store in an existing ground-level commercial unit and to permit a law office in a second storey commercial unit.
Community plan change
260 m away · 2024 · concluded
Development Variance Permit (a) to allow for parking within the front (south) yard setback; (b) reduction of continuous landscape screening (planting) around the perimeter of the site from 1.5 metres to 0.3 metres; (c) to allow for garbage containers and passive recycling containers to be stored within required setbacks adjacent to a lot designated Residential in the Official Community Plan (OCP);

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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