1 bed · 1 bath · 584 sq ft · 1 parking
Condo · Single Family · built 2026 · 87 days on market
Listed by Sanjeev Singh, Century 21 Coastal Realty Ltd.
Realtor's description
Don't miss this opportunity to own a brand-new home at Silva 2! This stylish 665 sq. ft. residence offers a bright open-concept layout with 9-ft ceilings, wide-plank flooring, and a chef-inspired kitchen featuring quartz countertops and stainless steel appliances. Step onto your private 81 sq. ft. balcony, perfect for relaxing or entertaining. Enjoy resort-style amenities including a fully equipped fitness centre, indoor and outdoor lounges, plus convenient pet wash and car wash stations. Located in the heart of vibrant East Newton, you're steps to transit, schools, parks, shopping, and dining, with Costco, Superstore, and major commuter routes just minutes away. Perfect for first-time buyers, downsizers, or investors. Open house on Sat, Aug 1st from 2 pm to 4 pm.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 584 sq ft
- Parking
- 1
- Year built
- 2026
- Strata fee
- $279 / mo ($0.48 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 87
- MLS®
- R3144953
Features
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
If you rented it out
- Rent
- $1,602/mo
- After all costs
- −$909/mo
- Cap rate
- 2.9%
- yearly net rent ÷ price
Costs: mortgage $2,069 · strata $279 · 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
Location
Schools
Catchment schools, Surrey School District 36
- Elementary Bear Creek Elementaryhomes in this catchment
900 m away · 13780 80 Ave, Surrey · 604-594-7501
- Secondary Frank Hurt Secondaryhomes in this catchment
500 m away · 13940 77 Ave, Surrey · 604-590-1311
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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