Townhouse
$728,000
1305 16433 WATSON DRIVE
Surrey2 days on market
2 bd3 ba1,228 sq ft
MLS® R31725491 / 28
$649,000
407 8115 121A STREET
Surrey · MLS® R3165465
4 bed · 2 bath · 1,439 sq ft · 2 parking
Condo · Single Family · built 1999 · 22 days on market
Listed by Erica Tucker, RE/MAX Performance Realty
Realtor's description
Over 1,400 sq. ft. of bright living space with lots of windows, this rare top-floor 4-bedroom condo offers one of the largest floorplans in the complex. The open-concept layout features a family-size kitchen with granite countertops, ample counter space and storage. The spacious living room boasts a cozy fireplace and opens to a private balcony-perfect for enjoying crisp fall evenings. Vaulted ceilings, 2 skylights, crown mouldings, granite bathroom counters, and balcony access from the primary bedroom add to the charm. Bonus: in-suite laundry room. Maintenance fee includes hot water, gas, sewer, water and garbage. Close to Superstore, schools, transit, restaurants, banks and easy access to Alex Fraser Bridge.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 1,439 sq ft
- Parking
- 2
- Year built
- 1999
- Property tax
- $2,565 / yr
- Strata fee
- $821 / mo ($0.57 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 22
- MLS®
- R3165465
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$3,863/mo
Mortgage $2,828 · Tax $214 · Strata $821
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
- $1,956/mo
- After all costs
- −$2,098/mo
- Cap rate
- 1.3%
- yearly net rent ÷ price
Costs: mortgage $2,828 · tax $214 · strata $821 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 Kennedy Trail Elementaryhomes in this catchment
500 m away · 8305 122a St, Surrey · 604-590-1198
- Secondary L.A. Matheson Secondaryhomes in this catchment
2.8 km away · 9484 122 St, Surrey · 604-588-3418
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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