Townhouse
$769,888
18 6950 120 STREET
Surreylisted today
MLS® R3174280
1 / 11
2 bed · 2 bath · 907 sq ft · 2 parking
Condo · Single Family · built 2026 · 24 days on market
Listed by Diane Lau, Oakwyn Realty Ltd.
Realtor's description
Assignment of Contract. Brand-new 2 bed, 2 bath home at Ledgeview II by Quadra Homes, completing early 2027. A rare find in this building: two secured underground parking stalls plus storage, versus one in most comparable homes. Quality throughout: 9' ceilings, quartz countertops, a 5-burner natural gas range, stainless steel appliances, and oak-toned vinyl plank flooring, plus an outstanding acoustic package (double drywall, sound-dampening insulation, rubber-mounted plumbing) for a quieter home. Two private balconies off the living room and primary bedroom, a free-standing A/C unit, in-suite wall safe, security pre-wiring, and EV-charger pre-wiring at one parking stall. Backed by a National Home 2-5-10 year warranty, with natural gas included in strata fees, no meter charge. An 8-minute walk to Gateway SkyTrain Station. A rare chance to secure quality new construction in a growing, transit-connected Surrey community.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 907 sq ft
- Parking
- 2
- Year built
- 2026
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- Days on market
- 24
- MLS®
- R3166014
Features
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
Floor plans
Found among the listing photos.
Monthly cost
$3,267/mo
Mortgage $3,267
20% down at 4.34% fixed (Ratehub.ca), 25 years.
If you rented it out
- Rent
- $1,872/mo
- After all costs
- −$1,580/mo
- Cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $3,267 · 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
SurreyGoogle Maps ↗
Schools
Catchment schools, Surrey School District 36
- Elementary Theresa Clarke Elementaryhomes in this catchment
- Secondary Kwantlen Park Secondaryhomes in this catchment
1.2 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.
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