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$868,000

41 2689 PARKWAY DRIVE

Surrey · MLS® R3169503

3 bed · 3 bath · 2,249 sq ft · 2 parking

Townhouse · Single Family · built 2008 · 14 days on market

Listed by Mike Buchanan, RE/MAX Treeland Realty

Realtor's description

Welcome to Allure. This bright corner end unit gives a growing family room to spread out, with 2,249 sq ft, 3 bedrooms, 2.5 baths, plus two oversized flex rooms with windows, either of which could be used as a 4th bedroom, guest room or home office. Enjoy 9' ceilings, quartz counters, and a gas range. As an end unit, extra windows bring in natural light and added privacy, with no neighbour on one side. The large private patio backs onto trees, and the side-by-side double garage fits two full-size vehicles. Steps from Sunnyside Park with its outdoor pool, playgrounds, and trails. Close to shops, schools, and services in an established, family-friendly community. One pet welcome (dog or cat). Book your private showing!

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 2,249 sq ft
Parking: 2
Year built: 2008
Property tax: $3,941 / yr
Strata fee: $456 / mo ($0.20 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 14
MLS®: R3169503

Features

Pets Allowed
Rentals Allowed With Restrictions
Washer
Refrigerator
Central Vacuum
Dishwasher

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-24%)

2026 assessment: $979,000 · asking is -11%
Price per sq ft: $386 vs $505 median for townhouses in Surrey for sale (867)

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 14 days · no price changes so far

The market here

Listed now: 52 days; median for 878 townhouses for sale; this one 14 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$979,000	$3,355
2025	$1,018,000	$3,164

Estimated tax up 6.0% from 2025 to 2026.

The listing shows $3,941 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

$4,566/mo

Mortgage $3,782 · Tax $328 · Strata $456

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

estimated payment

$3,782/ monthly

loan $694,400

25-year amortization

down payment20% · $173,60020%+ 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: $440,138
property transfer tax: $15,360; BC general rate
cash to close: $188,960; down + PTT
total paid: $1,134,538

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: $1,956/mo
After all costs: −$2,941/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,782 · tax $328 · strata $456 · insurance ~$175 · 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

The building's lot: 10,533 m² (113,376 sq ft) · PID 027-529-321. 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 Jessie Lee Elementaryhomes in this catchment
1.3 km away · 2064 154 St, Surrey · 604-531-8833
Secondary Earl Marriott Secondaryhomes in this catchment
2.3 km away · 15751 16 Ave, Surrey · 604-531-8354

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
190 m away · 2020 · under review
Rezoning from Single Family Residential Zone (RF) to Single Family Residential 10 Zone (RF-10); Subdivision from one (1) into two (2) lots; Local Area Plan (LAP) Amendment from Single Family Residential (6 UPA) to Single Family Small Lots to allow subdivision into 2 single family residential lots.

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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