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$458,800

304 16068 83 AVENUE

Surrey · MLS® R3165191

All units at 16068 83 Ave →

2 bed · 2 bath · 1,082 sq ft · 1 parking

Condo · Single Family · built 2005 · 25 days on market

Listed by Suk Yong Lee, Grand Central Realty

Realtor's description

Welcome to the quiet community of Fleetwood Gardens. This building is perfect for retirees seeking independent living. Enjoy access to amenities without leaving your building! Included are an exercise room, 2 rec rooms, office space & a courtyard for your use. Inside the unit you will find a spacious & open layout boasting over 1000 sqft of living space. Master bedroom offers ensuite plus 2 separate closets. Second bedroom and den have plenty of space for hobbies/storage. Step out onto your sunny patio and enjoy a coffee by the beautiful greenery. Take a short stroll (less than 5 mine) to Francis Park, Fleetwood Community Centre or Surrey LibrariesFleetwood Branch for gone leisurely time. All other amenities (groceries, doctors, etc) within a 10 min walk.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,082 sq ft
Parking: 1
Year built: 2005
Property tax: $2,050 / yr
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions, Age Restrictions
Days on market: 25
MLS®: R3165191

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Age Restrictions
Washer
Refrigerator
Intercom

Price check

2026 assessment: $427,000 · asking is +7.4%
Price per sq ft: $424 vs $673 median for condos in Surrey for sale (986)

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 25 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 25 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$427,000	$1,463
2025	$464,000	$1,442

Estimated tax up 1.5% from 2025 to 2026.

The listing shows $2,050 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

$2,170/mo

Mortgage $1,999 · Tax $171

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

estimated payment

$1,999/ monthly

loan $367,040

25-year amortization

down payment20% · $91,76020%+ 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: $232,644
property transfer tax: $7,176; BC general rate
cash to close: $98,936; down + PTT
total paid: $599,684

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: −$483/mo
Cap rate: 4.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,999 · tax $171 · 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: 3,338 m² (35,930 sq ft) · PID 026-453-762. 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 Walnut Road Elementaryhomes in this catchment
300 m away · 16152 82 Ave, Surrey · 604-572-6617
Secondary Fleetwood Park Secondaryhomes in this catchment
1.2 km away · 7940 156 St, Surrey · 604-597-2301

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 70 homes
100 m away · 2023 · under review
OCP Amendment from Urban to Multi-Residential; Rezoning from PA-2 to CD (based on RM-70); Development Permit to permit 70 units of apartment building; NCP Amendment of the Fleetwood Plan from Institutional to Low Rise Residential.
Rezoning for a 2 storey building
210 m away · 2017 · under review
Rezoning from RA to CD (based on C-5); Development Permit to permit the development of a two-storey office building with surface parking in Fleetwood Town Centre.

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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