2 bed · 1 bath · 813 sq ft · 1 parking
Condo · Single Family · built 2025 · 71 days on market
Listed by Anton Nguyen, Sutton Premier Realty
Realtor's description
Welcome to Silva 1 in East Newton! This bright 2 Bedroom, 1 Bathroom, 813 sqft home on the 3rd floor with a Courtyard Garden View featuring Large Windows, Tons of Natural Light, a SOLARIUM, Modern Finishes with Quartz Counters, Stainless Appliances, Wide-Plank Floors, Walk-In Closet and In-Suite Laundry. Comes with 1 parking + locker, and Resort-Style Amenities including Courtyard, Massive Fitness Centre, Co-Working Room, and Party Room & Lounge. Conveniently walk to transit, Superstore, Costco, Canadian Tire, shops, and dining, perfect for first-time buyers or investors. Book your private showing today!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 813 sq ft
- Parking
- 1
- Year built
- 2025
- Property tax
- $2,419 / yr
- Strata fee
- $390 / mo ($0.48 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 71
- MLS®
- R3151669
Features
- Pets Allowed With Restrictions
Monthly cost
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
- −$1,104/mo
- Cap rate
- 2.6%
- yearly net rent ÷ price
Costs: mortgage $2,200 · tax $202 · strata $390 · 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
Schools
Catchment schools, Surrey School District 36
- Elementary Bear Creek Elementaryhomes in this catchment
800 m away · 13780 80 Ave, Surrey · 604-594-7501
- Secondary Frank Hurt Secondaryhomes in this catchment
400 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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