Condo
$324,990
A201 18088 72 AVENUE
Surrey1 day on market
MLS® R3173946
1 / 33
$345,000
207 1760 SOUTHMERE CRESCENT
Surrey · MLS® R3169943
2 bed · 1 bath · 926 sq ft · 1 parking
Condo · Single Family · built 1980 · 11 days on market
Listed by Amber Pogue, Royal LePage - Wolstencroft
Realtor's description
Welcome to Capstan Way! This 2 bedroom 1 bathroom condo located on a tree lined street next to a stunning park is on the market for the first time in 20 years. Enjoy the endless network of trails nearby on bike or foot. Walking distance to many amenities including Semiahmoo mall, Save on Foods, Restaurants, Coffee shops and more! Cut your laundry time in half with dual loads in multiple smart machines located on the 1st floor. 1 parking stall and 1 storage locker.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 926 sq ft
- Parking
- 1
- Year built
- 1980
- Property tax
- $2,040 / yr
- Strata fee
- $350 / mo ($0.38 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 11
- MLS®
- R3169943
Features
- Pets Allowed With Restrictions
- Rentals Allowed
- Refrigerator
- Dishwasher
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$2,023/mo
Mortgage $1,503 · Tax $170 · Strata $350
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
- $1,872/mo
- After all costs
- −$336/mo
- Cap rate
- 4.1%
- yearly net rent ÷ price
Costs: mortgage $1,503 · tax $170 · strata $350 · 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
SurreyGoogle Maps ↗
Schools
Catchment schools, Surrey School District 36
- Elementary H.T. Thrift Elementaryhomes in this catchment
300 m away · 1739 148 St, Surrey · 604-536-8712
- Secondary Semiahmoo Secondaryhomes in this catchment
300 m away · 1785 148 St, Surrey · 604-536-2131
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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