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$910,000

232 2218 OAK MEADOWS DRIVE

Surrey · MLS® R3136619

3 bed · 3 bath · 1,700 sq ft · 2 parking

Townhouse · Single Family · built 2018 · 115 days on market

Listed by Angel Li, LeHomes Realty Premier

Realtor's description

Absolutely stunning and immaculate unit townhome in South Surrey at SOHO 2.5 Nestled on a secluded corner, this home has a long list of gorgeous features and upgrades including the completely finished double side by side garage with epoxy flooring. Forced air gas furnace heating and air conditioning are just a couple of the luxurious comforts. High-end S/S appliances, gas range, cozy fireplace, central vacuum, on demand hot water, full laundry room, gas BBQ connections on both the kitchen balcony & BONUS 563 SQFT rooftop patio oasis offering gorgeous private views. Perfect for entertaining friends and family. A modern like new townhome, steps away from the shops at Morgan Crossing & Grandview Corners. Impressive home & sought after location.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,700 sq ft
Parking: 2
Year built: 2018
Property tax: $4,480 / yr
Strata fee: $528 / mo ($0.31 / sq ft)
Days on market: 115
MLS®: R3136619

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Floor plans

Found among the listing photos.

Price check

Typical for the area (+6.4%)

2026 assessment: $993,000 · asking is -8.4%
Price per sq ft: $535 vs $503 median for townhouses in Surrey for sale (868)

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.

Property insights

On market 115 days · no price changes so far

The market here

Listed now: 51 days; median for 882 townhouses for sale; this one 115 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$993,000	$3,403

The listing shows $4,480 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

$4,866/mo

Mortgage $3,965 · Tax $373 · Strata $528

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

estimated payment

$3,965/ monthly

loan $728,000

25-year amortization

down payment20% · $182,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $461,435
property transfer tax: $16,200; BC general rate
cash to close: $198,200; down + PTT
total paid: $1,189,435

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.

If you rented it out

Rent: $1,956/mo
After all costs: −$3,242/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,965 · tax $373 · strata $528 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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

The building's lot: 1,567 m² (16,867 sq ft) · PID 030-366-453. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

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
1.4 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.

Development nearby

Rezoning for 109 homes
400 m away · 2018 · under review
Rezoning from RA to RM-30; Neighbourhood Concept Plan amendment for roads in Sunnyside Heights Plan; Subdivision to create 3 lots; Development Variance Permit for setbacks and Development Permit for the construction of 109 townhouse units.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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