1 / 37

$484,999

303 10720 138 STREET

Surrey · MLS® R3161985

2 bed · 2 bath · 1,067 sq ft · 2 parking

Condo · Single Family · built 1990 · 29 days on market

Listed by Kira Johnson, eXp Realty of Canada Inc.

TOP-FLOOR LIVING, TWO PARKING STALLS & SERIOUS STORAGE! Welcome to this spacious 2-bedroom condo on the quiet 3rd floor, offering leafy views, privacy and no neighbours above. The bedrooms are positioned on opposite ends of the home, making the layout ideal for families, roommates, guests or a home office. The oversized primary easily fits a king-size suite and features a charming bay window. Enjoy brand-new bedroom carpet with thick underlay, laminate flooring, a cozy gas fireplace with custom built-ins, updated appliances and in-suite laundry. Step onto your private, tree-lined balcony, plus enjoy bonus attic storage and a private locker attached to one of your TWO underground parking stalls. Just 10 minutes to Gateway SkyTrain and close to schools, parks, shopping and recreation!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,067 sq ft
Parking: 2
Year built: 1990
Property tax: $2,396 / yr
Strata fee: $495 / mo ($0.46 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 29
MLS®: R3161985

Buying in a building from 1982 to 2000: what to read first

Below typical for the area (-32%)

2026 assessment: $528,100 · asking is -8.2%
Price per sq ft: $455 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.

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

On market 29 days

Listed now: 63 days; median for 1000 condos for sale; this one 29 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary Forsyth Road Elementaryhomes in this catchment
200 m away · 10730 139 St, Surrey · 604-588-8394
Secondary Kwantlen Park Secondaryhomes in this catchment
1.4 km 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.

$2,808/mo

Mortgage $2,113 · Tax $200 · Strata $495

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

estimated payment

$2,113/ monthly

loan $387,999

25-year amortization

down payment20% · $97,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $245,929
property transfer tax: $7,700; BC general rate
cash to close: $104,700; down + PTT
total paid: $633,928

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.

Rent: $1,872/mo
After all costs: −$1,120/mo
Cap rate: 2.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,113 · tax $200 · strata $495 · 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

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.

SurreyGoogle Maps ↗