218 2277 Oak Meadows Drive

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

rent

$2,310/mo

after all costs

−$4,047/mo

cap rate

1.1%

yearly net rent ÷ price

Costs: mortgage $5,145 · tax $392 · strata $460 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Surrey: CMHC's average there ($1,956) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% 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.

Catchment schools, Surrey School District 36

• Elementary Edgewood Elementaryhomes in this catchment

  500 m away · 16666 23 Ave, Surrey · 778-537-0206

• Secondary Grandview Heights Secondaryhomes in this catchment

  1.3 km away · 16987 25 Ave, Surrey · 604-542-3320

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.