Condo
$299,999
20% under assessed201 13883 LAUREL DRIVE
Surrey15 days on market
MLS® R3169069
1 / 32
1 bath · 413 sq ft · 1 parking
Condo · Single Family · built 2009 · 53 days on market
Listed by Jason Li, Royal Pacific Realty (Kingsway) Ltd.
Realtor's description
Welcome to QUATTRO 1 in Surrey Central! This renovated studio with den features a bright open-concept layout, open kitchen, and large windows overlooking the quiet courtyard. Freshly painted with new flooring, drapes and fridge. Walking distance to SkyTrain, SFU, shopping, restaurants and groceries. Includes 1 parking, 1 locker and access to a fully equipped gym. Excellent for first-time buyers, students or investors!
Property details
- Type
- Condo, Single Family
- Bathrooms
- 1
- Living area
- 413 sq ft
- Parking
- 1
- Year built
- 2009
- Property tax
- $1,691 / yr
- Strata fee
- $228 / mo ($0.55 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 53
- MLS®
- R3156228
Features
- No Smoking Home
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
$1,450/mo
Mortgage $1,081 · Tax $141 · Strata $228
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
- $1,606/mo
- After all costs
- −$7/mo
- Cap rate
- 5.2%
- yearly net rent ÷ price
Costs: mortgage $1,081 · tax $141 · strata $228 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio 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 Forsyth Road Elementaryhomes in this catchment
400 m away · 10730 139 St, Surrey · 604-588-8394
- Secondary Kwantlen Park Secondaryhomes in this catchment
1.2 km away · 10441 132 St, Surrey · 604-588-6934
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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