Condo
$324,990
A201 18088 72 AVENUE
Surrey1 day on market
MLS® R3173946
1 / 23
2 bed · 1 bath · 975 sq ft · 1 parking
Condo · Single Family · built 1984 · 72 days on market
Listed by Dennis Wang, Nu Stream Realty Inc.
Realtor's description
This rarely available residence in Lincoln's Hill offers a tranquil, family-oriented setting. Spanning 975 square feet, this home features two generously sized bedrooms and a thoughtfully designed open layout. The expansive covered patio is ideal for both entertaining and relaxation, offering pleasant views. The primary bed room includes a large walk-in closet. Recent updates include a few-year-old stove and a full size refrigerator. Ideally situated, the home is just a five-minute walk from a recreation centre, library, shops, dining, and public transit, with convenient highway access. The maintenance fee includes both heat and hot water. Notably, the BC Assessment is significantly above the average in the complex. For further details or to arrange a private viewing, please contact us.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 975 sq ft
- Parking
- 1
- Year built
- 1984
- Property tax
- $2,117 / yr
- Strata fee
- $420 / mo ($0.43 / sq ft)
- Days on market
- 72
- MLS®
- R3151034
Floor plans
Found among the listing photos.
Monthly cost
$2,121/mo
Mortgage $1,524 · Tax $176 · Strata $420
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,872/mo
- After all costs
- −$434/mo
- Cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $1,524 · tax $176 · strata $420 · 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
SurreyGoogle Maps ↗
Schools
Catchment schools, Surrey School District 36
- Elementary Holly Elementaryhomes in this catchment
300 m away · 10719 150 St, Surrey · 604-585-2566
- Secondary Guildford Park Secondaryhomes in this catchment
1.1 km away · 10707 146 St, Surrey · 604-588-7601
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.
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