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$299,000

322 9979 140 STREET

Surrey · MLS® R3162684

All units at 9979 140 St →

1 bed · 1 bath · 640 sq ft · 1 parking

Condo · Single Family · built 1999 · 31 days on market

Listed by John Ly, Stilhavn Real Estate Services

Realtor's description

Welcome to Sherwood Green, an excellent managed complex in North Surrey. This efficient 1 bedroom home layout is located on the QUIET side of the building and features laminate floors, kitchen with D/W, Stove, and pass through. The spacious bedroom can accommodate a king size bedroom and offers a walk through closet to a cheater en-suite bathroom. The Complex is very welcoming and features a beautiful courtyard, landscaped green-space, and walkways. This home is ideal for students, end-users, and investors. Sherwood Green is steps to King George Skytrain Station, SFU Surrey Campus, KPU Civic Plaza, Central City Shopping, Surrey Memorial Hospital and every imaginable urban convenience. 1 Parking & 1 Storage locker included.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 640 sq ft
Parking: 1
Year built: 1999
Property tax: $1,909 / yr
Strata fee: $302 / mo ($0.47 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed
Days on market: 31
MLS®: R3162684

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

Features

Pets Allowed
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Price check

Below typical for the area (-30%)

2026 assessment: $382,600 · asking is -22%
Price per sq ft: $467 vs $671 median for condos in Surrey for sale (999)

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 31 days · no price changes so far

The market here

Listed now: 59 days; median for 1069 condos for sale; this one 31 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$382,600	$1,311

The listing shows $1,909 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

$1,763/mo

Mortgage $1,303 · Tax $159 · Strata $302

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

estimated payment

$1,303/ monthly

loan $239,200

25-year amortization

down payment20% · $59,80020%+ 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: $151,614
property transfer tax: $3,980; BC general rate
cash to close: $63,780; down + PTT
total paid: $390,814

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: $1,602/mo
After all costs: −$324/mo
Cap rate: 3.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,303 · tax $159 · strata $302 · 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

The building's lot: 7,105 m² (76,478 sq ft) · PID 024-512-753. 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 Lena Shaw Elementaryhomes in this catchment
600 m away · 14250 100a Ave, Surrey · 604-581-1363
Secondary Guildford Park Secondaryhomes in this catchment
1.9 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.

Development nearby

Rezoning for a 5 storey, 687 unit building
230 m away · 2025 · under review
Rezoning from RM-45 to CD (based on RM-135); Subdivision from one (1) lot to two (2) lots; General Development Permit for future non-market project consisting of two (2) high-rise towers mid-rise podium buildings and a cluster of low-rise townhomes with approximately 687 units total. OCP amendment designation change from Mid Rise 1 to High Rise 1 Detailed Development Permit for Phase one (1) to pe
Rezoning for a 33 storey, 343 unit building
370 m away · 2023 · under review
OCP Amendment to Figure 16: Downtown Densities from 3.5 FAR to 7.5 FAR; CCP Amendment from Mid to High Rise Residential to High Rise Residential ¿ Type II and to amend the road network on the subject site; Rezoning from RF to CD (based on RM-135); Development Permit to permit the development of a 33-storey high-rise residential tower consisting of approximately 343 dwelling units; Subdivision Cons
Rezoning for a 6 storey, 138 unit building
200 m away · 2023 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on RM-70); Consolidation from four (4) lots into one (1); Neighbourhood Concept Plan (NCP) Amendment from Low Rise Transition Residential to Low to Mid Rise Residential for a portion of subject site; Development Permit to permit the development of a six storey apartment building containing approximately 138 mar

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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