55 5839 Panorama Drive

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

rent

$2,120/mo

after all costs

−$1,376/mo

cap rate

2.5%

yearly net rent ÷ price

Costs: mortgage $2,614 · tax $237 · strata $300 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Surrey: CMHC's average there ($1,872) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Estimated tax up 4.9% from 2025 to 2026.

The listing shows $2,841 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.

• Rezoning

  200 m away · 2017 · under review

  Rezoning from RA to RQ Subdivision from one (1) into three (3) lots and an OCP Amendment to remove the property from the Suburban Density Exception Area

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.

the building's lot: 10,575 m² (113,828 sq ft) · PID 025-461-494. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

listed now

52 days

median for 888 townhouses for sale; this one 96 days

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