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$598,000

452 10838 CITY PARKWAY

Surrey · MLS® R3110021

2 bed · 2 bath · 1,131 sq ft · 2 parking

Condo · Single Family · built 2005 · 180 days on market

Listed by Honggi Baek, Evergreen West Realty

This stunning penthouse loft-style corner unit offers an open-concept layout w/soaring ceilings & abundant natural light. The spacious living room features impressive 16400t windows overlooking a quiet, south-facing garden, creating a bright and inviting atmosphere w/excellent privacy. This unique home offers 2 bedrooms + den and 2 baths across approx 1,131 sqft of thoughtfully designed living space. The versatile loft-style second bedroom can also serve as a family room or home office, with direct access to a huge private covered rooftop deck-perfect for entertaining or relaxing. Additional features include 2 secure underground parking stalls & a storage locker. Open House Sat 12:00pm-4:00pm Oct 3

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,131 sq ft
Parking: 2
Year built: 2005
Property tax: $2,695 / yr
Strata fee: $626 / mo ($0.55 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 180
MLS®: R3110021

Below typical for the area (-21%)

2026 assessment: $655,000 · asking is -8.7%
Price per sq ft: $529 vs $671 median for condos in Surrey for sale (1003)

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.

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

On market 180 days

Listed now: 63 days; median for 998 condos for sale; this one 180 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary Theresa Clarke Elementaryhomes in this catchment
Secondary Kwantlen Park Secondaryhomes in this catchment
1.0 km away · 10441 132 St, Surrey · 604-588-6934

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.

$3,456/mo

Mortgage $2,605 · Tax $225 · Strata $626

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

estimated payment

$2,605/ monthly

loan $478,400

25-year amortization

down payment20% · $119,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $303,229
property transfer tax: $9,960; BC general rate
cash to close: $129,560; down + PTT
total paid: $781,629

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.

Rent: $1,872/mo
After all costs: −$1,769/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,605 · tax $225 · strata $626 · 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

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