Condo
$464,369
7% less per sq ft215 15392 16A AVENUE
Surreylisted today
1 bd1 ba746 sq ft
MLS® R31735761 / 30
$519,900
232 8068 120A STREET
Surrey · MLS® R3159299
2 bed · 2 bath · 1,031 sq ft · 1 parking
Condo · Single Family · built 1995 · 36 days on market
Listed by Terry McManus, RE/MAX Colonial Pacific Realty
Realtor's description
PRICED BELOW ASSESSMENT and ready to SELL!! Welcome to pet friendly Melrose Place! This centrally located 2 Bed, 2 Bath 1031 sq. ft. unit is west facing for maximum sunlight. The new style kitchen features granite countertops with stainless steel Frigidaire appliances, and a brand new dishwasher. The open concept living room flows well out to the sundeck and is complete with crown molding and wainscotting surrounding the natural gas fireplace. The building has guest suites for out of town visitors, amenities room for your family gatherings and bicycle storage separate from your unit's storage locker. A well lit underground parking and a car wash area too. Close to schools, recreation facilities, shopping, transit, and nature parks. Open House Sept. 5th,6th,12th and 13th - 11-2pm each day.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,031 sq ft
- Parking
- 1
- Year built
- 1995
- Property tax
- $2,349 / yr
- Strata fee
- $424 / mo ($0.41 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 36
- MLS®
- R3159299
Features
- No Smoking Home
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Intercom
Monthly cost
$2,885/mo
Mortgage $2,265 · Tax $196 · Strata $424
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
- −$1,197/mo
- Cap rate
- 2.5%
- yearly net rent ÷ price
Costs: mortgage $2,265 · tax $196 · strata $424 · 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 Kennedy Trail Elementaryhomes in this catchment
600 m away · 8305 122a St, Surrey · 604-590-1198
- Secondary L.A. Matheson Secondaryhomes in this catchment
2.9 km away · 9484 122 St, Surrey · 604-588-3418
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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