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$585,000

308 2855 156 STREET

Surrey · MLS® R3159532

All units at 2855 156 St →

2 bed · 2 bath · 922 sq ft · 1 parking

Condo · Single Family · built 2016 · 42 days on market

Listed by Michael Harvey, eXp Realty

Realtor's description

BEAUTIFUL 2 Bed + Den, 922 SQFT Condo located in desirable Grandview Heights!! This open-concept layout features 9 ft high ceilings, a Large Primary bedroom, updated walk-in closet organizers, & spa-like ensuite! The Second bedroom is a good size, connects to the 2nd full bathroom, & overlooks the west-facing balcony. Expansive windows fill the home with natural light, creating a great flow & inviting atmosphere. The rare Den/Flex area is perfect for a home office or extra guest space. Gourmet kitchen is beside the spacious laundry & pantry room. Steps from top rated schools & Morgan Crossing's premier shopping, dining & amenities. Quick access to Hwy 99, Beaches, Border & more! Includes 1 parking & 1 storage. Convenience & lifestyle at its best. Call & schedule your showing today!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 922 sq ft
Parking: 1
Year built: 2016
Property tax: $2,610 / yr
Strata fee: $444 / mo ($0.48 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 42
MLS®: R3159532

Features

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

Floor plans

Found among the listing photos.

Price check

Typical for the area (-5.7%)

2026 assessment: $608,000 · asking is -3.8%
Price per sq ft: $634 vs $673 median for condos in Surrey for sale (983)
Last sold: $599,900 · Jul 24, 2024

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 42 days · no price changes so far

The market here

Listed now: 60 days; median for 1054 condos for sale; this one 42 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$608,000	$2,084

The listing shows $2,610 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

$3,210/mo

Mortgage $2,549 · Tax $218 · Strata $444

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

estimated payment

$2,549/ monthly

loan $468,000

25-year amortization

down payment20% · $117,00020%+ 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: $296,637
property transfer tax: $9,700; BC general rate
cash to close: $126,700; down + PTT
total paid: $764,637

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: −$1,523/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,549 · tax $218 · strata $444 · 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: 19,964 m² (214,890 sq ft) · PID 029-863-481. 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 Sunnyside Elementaryhomes in this catchment
600 m away · 2828 159 St, Surrey · 604-531-4826
Secondary Grandview Heights Secondaryhomes in this catchment
2.9 km away · 16987 25 Ave, Surrey · 604-542-3320

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 5 storey building
360 m away · 2024 · under review
Rezoning from One Acre Residential Zone (RA) to Comprehensive Development Zone (CD) (based on Business Park 1 Zone (IB-1); Official Community Plan (OCP) Amendment to increase density from 1.0 FAR to 1.7 FAR; Local Area Plan (LAP) Amendment for a portion from buffer to Business Park/Light Industrial and to amend the Road Network; Development Permit in order to develop one five storey building and t
Rezoning
210 m away · 2023 · concluded
Rezoning from RA to CD (based on IB-3); OCP Amendment to allow a FAR of 1.89 within the Mixed Employment land use designation; NCP/LAP Amendment to align the designations with the proposed development extents; Consolidation of a portion of lands on 2828 Croydon Drive that have been retained with a no-build; Development Variance Permit for parking and Streamside Setbacks; Development Permit to allo
Rezoning
230 m away · 2024 · under review
OCP Text Amendment within Mixed Employment Designation from 1.0 FAR to 1.08 FAR; NCP Amendment to Highway 99 Corridor for Road Network Changes; Rezoning from RA to CD (Based on IB-1); Consolidation from 6 lots to 1 lot; Development Permit for Form Character/ Green Infrastructure Network to permit construction of 3 Mixed Employment Buildings (2 Office Buildings/ 1 Self Storage Building).

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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