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$599,000

2603 13615 FRASER HIGHWAY

Surrey · MLS® R3170319

All units at 13615 Fraser Hwy →

2 bed · 2 bath · 801 sq ft · 1 parking

Condo · Single Family · built 2021 · 7 days on market

Listed by Cindy Wang, Nu Stream Realty Inc.

Realtor's description

Welcome to King George Hub One! This southwest-facing, 26th-floor corner home offers two bedrooms, two bathrooms, and panoramic city and mountain views. The modern kitchen features quartz countertops, integrated appliances, and stylish finishes. Residents can enjoy a rooftop lounge, games room, BBQ area, children's play area, private dining room with a full kitchen, fitness centre, yoga studio, and on-site caretaker. Just steps from SkyTrain, shops, restaurants, and entertainment, this home puts the best of Surrey City Centre at your doorstep.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 801 sq ft
Parking: 1
Year built: 2021
Property tax: $2,815 / yr
Strata fee: $555 / mo ($0.69 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 7
MLS®: R3170319

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Above typical for the area (+11%)

2026 assessment: $647,000 · asking is -7.4%
Price per sq ft: $748 vs $672 median for condos in Surrey for sale (984)

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 7 days · no price changes so far

The market here

Listed now: 60 days; median for 1055 condos for sale; this one 7 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$647,000	$2,217
2025	$687,000	$2,135

Estimated tax up 3.8% from 2025 to 2026.

The listing shows $2,815 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

$3,400/mo

Mortgage $2,610 · Tax $235 · Strata $555

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

estimated payment

$2,610/ monthly

loan $479,200

25-year amortization

down payment20% · $119,80020%+ 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: $303,736
property transfer tax: $9,980; BC general rate
cash to close: $129,780; down + PTT
total paid: $782,936

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: $1,872/mo
After all costs: −$1,712/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,610 · tax $235 · strata $555 · 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

The building's lot: 13,413 m² (144,376 sq ft) · PID 031-438-652. 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 Simon Cunningham Elementaryhomes in this catchment
1.1 km away · 9380 140 St, Surrey · 604-588-4435
Secondary Queen Elizabeth Secondaryhomes in this catchment
700 m 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.

Development nearby

Rezoning for a 38 storey, 373 unit building
250 m away · 2025 · conditionally approved
Rezoning from Urban Residential Zone (R3) and Assembly Hall 1 Zone (PA-1) to Comprehensive Development Zone (CD) (based on RM-135 and the C-8); Subdivision (Consolidation) from four (4) lots into one (1) lot; Official Community Plan (OCP) Amendment from Multiple Residential to Downtown and to include the site in Figure 16 as Downtown Densities 7.5 FAR and to increase it to 8.1 FAR; City Centre Pla
Rezoning for a 43 storey, 180 unit building
200 m away · 2025 · conditionally approved
Rezoning from Urban Residential Zone (R3) and Neighbourhood Commercial Zone (C5) to Comprehensive Development Zone (CD) (based on Town Centre Commercial Zone (C-15) and Multiple Residential Commercial 135 Zone (RM-135); Subdivision (Consolidation) from two (2) lots into one (1) lot; Official Community Plan (OCP) Text Amendment to permit a higher density in the Downtown designation from 7.5 FAR to
Rezoning for a 34 storey, 297 unit building
190 m away · 2023 · conditionally approved
Rezoning from CD (Bylaw No. 19326) to CD; Development Permit; Housing Agreement to permit the development of one 34-storey mixed-use tower with a 4-storey podium consisting of ground floor commercial retail units office space and 297 dwelling units above and one stand-alone 6-storey purpose-built rental apartment building consisting of 69 rental dwelling units.
Development permit for a 20 storey, 274 unit building
230 m away · 2024 · concluded
Housing Agreement and Development Permit to allow the development of a 20-storey mixed-use tower with a two-storey podium consisting of ground floor commercial and approximately 274 purpose-built rental dwelling units above.
Rezoning for a 24 storey building
230 m away · 2024 · concluded
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential Commercial 135 Zone (RM-135); Neighbourhood Concept Plan (NCP) Amendment to the City Centre Plan from High Density Employment to High Rise Mixed Use - Type II; Housing Agreement and Development Permit to allow the development of one 24-storey mixed-use high-rise tower with ground floor c

And 2 smaller applications nearby.

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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