Condo
$499,900
3012 10448 UNIVERSITY DRIVE
Surrey24 days on market
MLS® R3164837
1 / 19
2 bed · 2 bath · 900 sq ft · 1 parking
Condo · Single Family · built 2011 · 28 days on market
Listed by Elva Song, RE/MAX Crest Realty
Realtor's description
"Park Place I "by Concord Pacific located in the heart of Surrey. Just steps from King George Skytrain Station, TNT, Walmart, Bestbuy etc. This immaculate 2 Bedroom + 2 Full Bath corner unit offers an exceptional floor plan and 110 sqft balcony allows for a delightful experience while taking in the captivating North and East views.The amenities includes a gym, bowling alley, a private theatre room and a common room with a pool table and lounge area, & Concierge. Some of the photos have been virtually staged.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 900 sq ft
- Parking
- 1
- Year built
- 2011
- Property tax
- $2,545 / yr
- Strata fee
- $542 / mo ($0.60 / sq ft)
- Strata rules
- Pets Allowed, Rentals Allowed
- Days on market
- 28
- MLS®
- R3164341
Features
- Pets Allowed
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,928/mo
Mortgage $2,174 · Tax $212 · Strata $542
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
- −$1,241/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,174 · tax $212 · strata $542 · 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 Simon Cunningham Elementaryhomes in this catchment
1.4 km away · 9380 140 St, Surrey · 604-588-4435
- Secondary Queen Elizabeth Secondaryhomes in this catchment
1.1 km away · 9457 King George Blvd, Surrey · 604-588-1258
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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