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$384,000

301 13228 OLD YALE ROAD

Surrey · MLS® R3154189

All units at 13228 Old Yale Rd →

1 bed · 1 bath · 556 sq ft · 1 parking

Condo · Single Family · built 2014 · 60 days on market

Listed by Francesca Sheren, Sutton Premier Realty

Realtor's description

1-bedroom PLUS Den that easily works fits a double bed or be as office space. This newer suite offers an open layout, contemporary finishes, and plenty of natural light. Located just steps from the SkyTrain, Surrey Memorial Hospital, shops, and everyday conveniences, it delivers unbeatable walkability and comfort. Ideal for first-time buyers, downsizers, or investors looking for a move-in-ready property in a fast-growing neighbourhood.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 556 sq ft
Parking: 1
Year built: 2014
Property tax: $1,956 / yr
Strata fee: $327 / mo ($0.59 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 60
MLS®: R3154189

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Typical for the area (+2.9%)

2026 assessment: $399,600 · asking is -3.9%
Price per sq ft: $691 vs $671 median for condos in Surrey for sale (999)

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 60 days · no price changes so far

The market here

Listed now: 59 days; median for 1069 condos for sale; this one 60 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$399,600	$1,370

The listing shows $1,956 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

$2,163/mo

Mortgage $1,673 · Tax $163 · Strata $327

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

estimated payment

$1,673/ monthly

loan $307,200

25-year amortization

down payment20% · $76,80020%+ 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: $194,715
property transfer tax: $5,680; BC general rate
cash to close: $82,480; down + PTT
total paid: $501,915

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: $1,602/mo
After all costs: −$724/mo
Cap rate: 3.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,673 · tax $163 · strata $327 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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: 3,522 m² (37,910 sq ft) · PID 029-428-891. 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 Old Yale Road Elementaryhomes in this catchment
100 m away · 10135 132 St, Surrey · 604-588-5468
Secondary Kwantlen Park Secondaryhomes in this catchment
500 m 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.

Development nearby

Rezoning for a 6 storey, 72 unit building
70 m away · 2025 · under review
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential 70 Zone (RM-70); Development Permit to permit a 6 storey building containing 72 residential units.
Rezoning for a 8 storey, 8 unit building
210 m away · 2023 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Low-Rise (5-8 Storey) Apartment Zone (MR7) Compact Residential Zone (R5); Subdivision (Consolidation) from four (4) lots into one (1) lot; Development Variance Permit a) In Sub-Section C.2. of Part 15 Compact Residential Zone (R5) the minimum lot width for a Type I Interior lot is reduced from 9.7 metres to 9.5 metres for proposed Lot 2; Development Per
Rezoning
320 m away · 2023 · concluded
Rezoning from RM-70 to CD; Development Variance Permit to allow for a small-scale drug store within an existing residential development and to vary the minimum 400 metre separation requirement between a small-scale drug store and an existing drug store.

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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