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$425,000

420 15825 85 AVENUE

Surrey · MLS® R3155302

All units at 15825 85 Ave →

1 bed · 1 bath · 609 sq ft · 1 parking

Condo · Single Family · built 2023 · 58 days on market

Listed by Sanjeev Singh, Century 21 Coastal Realty Ltd.

Realtor's description

Welcome to Fleetwood Village! This beautifully appointed 1 BED + JUNIOR BED/DEN, 1 BATH home offers stylish living in one of Fleetwood's sought-after communities. Located on the 4th floor, this peaceful interior-facing home overlooks green space and the children's play area. The bright, open-concept layout features a modern kitchen with QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES and contemporary finishes. Enjoy the COVERED PRIVATE BALCONY year-round. The spacious primary bedroom includes a WALK-IN CLOSET, while the JUNIOR BED/DEN is ideal for a home office, guest room or storage. FULL-SIZE SAMSUNG WASHER & DRYER included. Comes with 1 PARKING STALL and 1 STORAGE LOCKER. Open House on Sat/Sun, Sep 12th/13th from 2 pm - 4 pm.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 609 sq ft
Parking: 1
Year built: 2023
Property tax: $2,100 / yr
Strata fee: $320 / mo ($0.53 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 58
MLS®: R3155302

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Typical for the area (+3.8%)

2026 assessment: $452,000 · asking is -6.0%
Price per sq ft: $698 vs $673 median for condos in Surrey for sale (983)

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 58 days · no price changes so far

The market here

Listed now: 60 days; median for 1054 condos for sale; this one 58 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$452,000	$1,549

The listing shows $2,100 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

$2,347/mo

Mortgage $1,852 · Tax $175 · Strata $320

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

estimated payment

$1,852/ monthly

loan $340,000

25-year amortization

down payment20% · $85,00020%+ 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: $215,505
property transfer tax: $6,500; BC general rate
cash to close: $91,500; down + PTT
total paid: $555,505

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: −$908/mo
Cap rate: 2.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,852 · tax $175 · strata $320 · 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: 13,902 m² (149,640 sq ft) · PID 032-071-264. 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 Walnut Road Elementaryhomes in this catchment
1.1 km away · 16152 82 Ave, Surrey · 604-572-6617
Secondary Fleetwood Park Secondaryhomes in this catchment
1.3 km away · 7940 156 St, Surrey · 604-597-2301

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

Development permit for a 6 storey, 119 unit building
140 m away · 2023 · under review
Development Permit for the construction of one 6-storey apartment building consisting of 119 dwelling units (including 80 secured market rental units) and a child care facility in Fleetwood.
Development permit for a 6 storey, 116 unit building
240 m away · 2023 · under review
Development Permit / Development Variance Permit to permit the construction of one 6-storey apartment building consisting of 116 dwelling units in Fleetwood. A variance is proposed to reduce the minimum outdoor amenity space requirement under the CD Zone.

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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