2 bed · 2 bath · 968 sq ft · 2 parking
Condo · Single Family · built 2009 · 15 days on market
Listed by Andy Lea, Sutton Group-West Coast Realty (Surrey/24)
Realtor's description
Stunning penthouse unit at the Watermark on the QUIET SIDE of the building far from King George! 14 ft vaulted ceilings with huge floor to ceiling windows that showcase a great view of the mountains and provide tons of natural light. The chef's kitchen features high-end dark stainless steel appliances, custom cabinetry, and an over-sized center island perfect for entertaining. Very good size living and dining room. The spacious master suite includes a spa-like en-suite with a spacious closet, soaking tub and walk-in shower. Very private deck. 2 full bathrooms. Prime location near shopping, cafes, restaurants, easy highway 99 access & White Rock offer unparalleled convenience. Also includes 2 parking stalls and a locker! A great chance to own a quiet spot in the heart of South Surrey
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 968 sq ft
- Parking
- 2
- Year built
- 2009
- Property tax
- $2,651 / yr
- Strata fee
- $585 / mo ($0.60 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 15
- MLS®
- R3169509
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
- −$1,728/mo
- Cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $2,610 · tax $221 · strata $585 · 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 Semiahmoo Trail Elementaryhomes in this catchment
1000 m away · 3040 145a St, Surrey · 604-531-6063
- Secondary Elgin Park Secondaryhomes in this catchment
3.3 km away · 13484 24 Ave, Surrey · 604-538-6678
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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