212 15130 108 Avenue

1 / 23

$495,000

212 15130 108 Avenue

Surrey · MLS® R3135483

all units at 15130 108 Ave →

221

1,025 sq ft · Condo · Single Family · built 1994 · 137 days on market

listed by Tariq Malik, LeHomes Realty Premier

realtor's description

Beautiful 2 bedroom, 2 washroom spacious unit near Guildford Mall. All measurements are approximate and taken from the strata plan. A Fully updated with designer colors, laminate flooring large South facing balcony overlooking green space. Spacious kitchen with plenty of storage and bathrooms with granite counter tops. Recreation, transit and Mall near by.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,025 sq ft
parking: 1
year built: 1994
property tax: $2,076 / yr
days on market: 137
MLS®: R3135483

the market here

listed now: 69 days; median for 1022 condos for sale; this one 137 days

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

property tax by year

year	assessed	est. tax
2026	$514,000	$1,762
2025	$542,000	$1,685

Estimated tax up 4.6% from 2025 to 2026.

The listing shows $2,076 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

$2,330/mo

Mortgage $2,157 · Tax $173

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

estimated payment

$2,157/ monthly

loan $396,000

25-year amortization

down payment20% · $99,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $251,000
property transfer tax: $7,900; BC general rate
cash to close: $106,900; down + PTT
total paid: $647,000

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent: $2,120/mo
after all costs: −$414/mo
cap rate: 4.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,157 · tax $173 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Surrey: CMHC's average there ($1,872) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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