Townhouse
$728,000
1305 16433 WATSON DRIVE
Surrey4 days on market
MLS® R3172549
1 / 40
$999,900
56 16995 64 AVENUE
Surrey · MLS® R3167863
4 bed · 4 bath · 2,620 sq ft · 2 parking
Townhouse · Single Family · built 2003 · 18 days on market
Listed by Karla Solis, eXp Realty of Canada Inc.
Realtor's description
Discover The Lexington, a well-maintained gated community! This spacious 4-bedroom + flex/den, 4-bathroom townhome features a comfortable and functional layout with a fully finished basement. Recent updates include a new furnace, new upper deck with plywood and durable vinyl decking, new handrails, a new roof for the complex, and new vinyl fencing throughout.The home also features air conditioner, sprinkler system for the lawn and garden plus pet-friendly fencing. Enjoy 2 covered parking spaces (double garage) and great amenities including a clubhouse, exercise centre and more. Conveniently located near shopping, restaurants, recreation, transit and golf. Don't miss the opportunity to make this beautiful property your new home!
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 4
- Bathrooms
- 4
- Living area
- 2,620 sq ft
- Parking
- 2
- Year built
- 2003
- Property tax
- $4,274 / yr
- Strata fee
- $508 / mo ($0.19 / sq ft)
- Strata rules
- Pets Allowed With Restrictions
- Days on market
- 18
- MLS®
- R3167863
Features
- Pets Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
Monthly cost
$5,221/mo
Mortgage $4,356 · Tax $356 · Strata $508
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
- $1,956/mo
- After all costs
- −$3,596/mo
- Cap rate
- 0.9%
- yearly net rent ÷ price
Costs: mortgage $4,356 · tax $356 · strata $508 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 3+ 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 George Greenaway Elementaryhomes in this catchment
900 m away · 17285 61a Ave, Surrey · 604-576-1136
- Secondary Lord Tweedsmuir Secondaryhomes in this catchment
2.1 km away · 6151 180 St, Surrey · 778-242-7545
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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