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$568,000

305 15368 16A AVENUE

Surrey · MLS® R3169093

2 bed · 2 bath · 903 sq ft · 1 parking

Condo · Single Family · built 2004 · 13 days on market

Listed by Sarah Daniels, Macdonald Realty (Surrey/152)

Welcome to Ocean Bay Villas! This bright, beautifully maintained home offers an open layout, 9' ceilings and warm wood flooring throughout. The updated kitchen features white cabinetry, quartz countertops and stainless steel appliances, opening to a welcoming living area with custom fireplace surround and stylish shiplap detail. Step outside to the spacious covered patio, ideal for relaxing or entertaining, with convenient extra storage. Enjoy excellent amenities including a gym, games room, workshop and guest suite. Pet-friendly and just steps from shopping, dining and transit, with Uptown White Rock and Semiahmoo Shopping Centre nearby. Move in and enjoy!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 903 sq ft
Parking: 1
Year built: 2004
Property tax: $2,503 / yr
Strata fee: $537 / mo ($0.59 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 13
MLS®: R3169093

Typical for the area (-6.3%)

2026 assessment: $556,000 · asking is +2.2%
Price per sq ft: $629 vs $671 median for condos in Surrey for sale (1003)
Last sold: $595,000 · Aug 24, 2025

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.

No Smoking Home
Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher

Found among the listing photos.

On market 13 days

Listed now: 63 days; median for 1004 condos for sale; this one 13 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 Maps can be out of date or miss a lot line; confirm with the municipality.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 Jessie Lee Elementaryhomes in this catchment
Secondary Earl Marriott Secondaryhomes in this catchment

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.

$3,220/mo

Mortgage $2,475 · Tax $209 · Strata $537

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

estimated payment

$2,475/ monthly

loan $454,400

25-year amortization

down payment20% · $113,60020%+ 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: $288,016
property transfer tax: $9,360; BC general rate
cash to close: $122,960; down + PTT
total paid: $742,416

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: −$1,533/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,475 · tax $209 · strata $537 · 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

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