403 12739 72 AVENUE
Surrey · MLS® R3090093
2 bed · 2 bath · 1,043 sq ft · 2 parking
Condo · Single Family · built 1996 · 232 days on market
Listed by Gurjeet Nagra, Skystreet Real Estate Marketing
Realtor's description
Welcome to this rarely available Top Floor Corner Penthouse in the heart of West Newton! Enjoy stunning north-facing mountain and park views from this bright 1,043 SF home featuring 2 Beds & 2 full Baths with an open-concept living and dining area. The spacious kitchen offers ample cupboard and counter space, a cozy bay-window eating area, and sliding doors to a private balcony. The primary bedroom features a walk-in closet and ensuite with a large shower. Laminate and tile flooring throughout. Updates include new lights, exhaust fan, fresh paint, and repaired fireplace. Maintenance fee includes gas fireplace & hot water. Bonus 2 parking stalls (#82, #83) and 2 storage lockers. Across from KPU and steps to parks, schools, shopping & transit.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,043 sq ft
- Parking
- 2
- Year built
- 1996
- Property tax
- $2,516 / yr
- Strata fee
- $401 / mo ($0.38 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 232
- MLS®
- R3090093
Features
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
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
- −$1,533/mo
- Cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $210 · strata $401 · 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 Dr. F.D. Sinclair Elementaryhomes in this catchment
500 m away · 7480 128 St, Surrey · 604-596-1537
- Secondary Princess Margaret Secondaryhomes in this catchment
300 m away · 12870 72 Ave, Surrey · 604-594-5458
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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