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$519,000

309 13939 Laurel Drive

Surrey · MLS® R3152238

2 bed · 2 bath · 1,023 sq ft · 2 parking

Condo · Single Family · built 1994 · 65 days on market

Listed by Justin Glasser, Macdonald Realty (Surrey/152)

Realtor's description

Welcome to this bright and spacious 2-bedroom corner unit offering a functional layout and an abundance of natural light. Featuring durable laminate flooring throughout, a cozy gas fireplace, and a well-appointed kitchen with stainless steel appliances, this home is perfect for comfortable everyday living. Generously sized bedrooms with access from the primary bedroom to the large patio, creating the perfect indoor-outdoor lifestyle. A spacious laundry room provides additional storage and convenience. Situated in a well-maintained, rainscreened building for added peace of mind, this home is ideally located just minutes from SkyTrain, shopping, schools, parks, and everyday amenities. An excellent opportunity for first-time buyers, downsizers, or investors alike. BONUS TWO PARKING STALLS!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,023 sq ft
Parking: 2
Year built: 1994
Property tax: $2,413 / yr
Strata fee: $452 / mo ($0.44 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 65
MLS®: R3152238

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

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-24%)

2026 assessment: $529,800 · asking is -2.0%
Price per sq ft: $507 vs $671 median for condos in Surrey for sale (1000)

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 65 days · no price changes so far

The market here

Listed now: 60 days; median for 1068 condos for sale; this one 65 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$529,800	$1,816

The listing shows $2,413 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

$2,914/mo

Mortgage $2,261 · Tax $201 · Strata $452

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

estimated payment

$2,261/ monthly

loan $415,200

25-year amortization

down payment20% · $103,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $263,170
property transfer tax: $8,380; BC general rate
cash to close: $112,180; down + PTT
total paid: $678,370

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: −$1,227/mo
Cap rate: 2.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,261 · tax $201 · strata $452 · 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: 7,021 m² (75,573 sq ft) · PID 018-744-508. 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 Simon Cunningham Elementaryhomes in this catchment
600 m away · 9380 140 St, Surrey · 604-588-4435
Secondary Queen Elizabeth Secondaryhomes in this catchment
900 m away · 9457 King George Blvd, Surrey · 604-588-1258

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 34 storey, 411 unit building
130 m away · 2020 · under review
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Neighbourhood Commercial Zone (C-5); Official Community Plan (OCP) Amendment from Multiple Residential to Central Business District 7.5 FAR; City Centre Plan Amendment from Mid to High Rise Mixed-Use to High Rise Mixed-Use - Type II; Development Permit to permit the
Rezoning
380 m away · 2025 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Special Care Housing 2 Zone (RMS-2); Subdivision (Consolidation) from three (3) lots into one (1) lot; City Centre Plan Amendment to redesignate the lands from Mid Rise to Employment to permit the development of a care facility hospital uses and medical offices as part of a comprehensive substance-use treatm

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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