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$525,000

206 8695 160 STREET

Surrey · MLS® R3133443

2 bed · 2 bath · 864 sq ft · 2 parking

Condo · Single Family · built 2011 · 119 days on market

Listed by Abdul Zareh, Real Broker B.C. Ltd.

Monterosso sits right in the middle of everything Fleetwood has to offer and this unit might be the BEST one in the building! Two spacious bedrooms positioned on OPPOSITE ends. Two full ensuite baths, a dedicated study NOOK perfect for working from home, and a massive WALK-OUT PATIO that most condo owners only dream about. One shared wall means you actually feel the quiet. 2 SIDE-BY-SIDE PARKING right by the gate, plus a storage locker. Inside, quartz countertops, s/s appliances, and a home built to BuiltGreen standards for long-term energy efficiency. Step outside and everything is within walking distance: the upcoming SKYTRAIN station, shops, restaurants, grocery stores, parks, and recreation. Fleetwood is growing fast, and this is exactly where you want to be!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 864 sq ft
Parking: 2
Year built: 2011
Property tax: $2,503 / yr
Strata fee: $533 / mo ($0.62 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 119
MLS®: R3133443

Below typical for the area (-9.5%)

Price per sq ft: $608 vs $671 median for condos in Surrey for sale (1003)

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
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

On market 119 days

Listed now: 63 days; median for 1004 condos for sale; this one 119 days

Condos 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 Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary Woodland Park Elementaryhomes in this catchment
Secondary North Surrey Secondaryhomes in this catchment

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.

$3,029/mo

Mortgage $2,287 · Tax $209 · Strata $533

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

estimated payment

$2,287/ monthly

loan $420,000

25-year amortization

down payment20% · $105,00020%+ 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: $266,212
property transfer tax: $8,500; BC general rate
cash to close: $113,500; down + PTT
total paid: $686,212

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: $1,872/mo
After all costs: −$1,342/mo
Cap rate: 2.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,287 · tax $209 · strata $533 · 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

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