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$509,000

307 15195 36 AVENUE

Surrey · MLS® R3139490

1 bed · 1 bath · 698 sq ft · 1 parking

Condo · Single Family · built 2013 · 105 days on market

Listed by Rhys Leonard, Engel & Volkers Vancouver (Branch)

Welcome to Edgewater, South Surrey's premier gated community bordering Morgan Creek. This top-floor penthouse features 12' vaulted ceilings, a large covered balcony, and a bright open-concept layout. The kitchen offers quartz countertops, elegant cabinetry, and s/s appliances including a gas range. Quality finishes include laminate flooring throughout. The spacious primary bedroom features a large walk-in closet and cheater ensuite. Includes 1 parking stall and 2 storage lockers. Enjoy 10,000+ sq. ft. of resort-style amenities: rooftop pool, hot tub, sauna, gym, yoga studio, theatre, guest suites, and firepit lounge. Close to shopping, restaurants, trails, Morgan Creek Golf Course, and Hwy 99. Two storage lockers. A truly turn key home!

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 698 sq ft
Parking: 1
Year built: 2013
Property tax: $2,219 / yr
Strata fee: $424 / mo ($0.61 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 105
MLS®: R3139490

Above typical for the area (+8.7%)

2026 assessment: $490,800 · asking is +3.7%
Price per sq ft: $729 vs $671 median for condos in Surrey for sale (1003)

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
Washer
Refrigerator
Dishwasher
Stove

On market 105 days

Listed now: 63 days; median for 1004 condos for sale; this one 105 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 Maps can be out of date or miss a lot line; confirm with the municipality.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 Rosemary Heights Elementaryhomes in this catchment
Secondary Grandview Heights 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.

$2,827/mo

Mortgage $2,218 · Tax $185 · Strata $424

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

estimated payment

$2,218/ monthly

loan $407,200

25-year amortization

down payment20% · $101,80020%+ 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: $258,099
property transfer tax: $8,180; BC general rate
cash to close: $109,980; down + PTT
total paid: $665,299

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: $1,602/mo
After all costs: −$1,388/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,218 · tax $185 · strata $424 · 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

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