Condo
$464,369
7% less per sq ft215 15392 16A AVENUE
Surreylisted today
1 bd1 ba746 sq ft
MLS® R31735761 / 22
$499,800
7 7247 140 STREET
Surrey · MLS® R3122966
2 bed · 1 bath · 651 sq ft · 1 parking
Townhouse · Single Family · built 2017 · 147 days on market
Listed by Dilma Hortelano, Sutton Premier Realty
Realtor's description
Perfect for First Time Home Buyers or Investors! Welcome to GREENWOOD, perfectly located in the heart of Newton! This 1 level townhome features 2 beds 1 bath, open concept layout, stainless steel appliances, in-suite laundry, private patio, 1 secure underground parking, huge storage and bike storage, located on the quiet side of the building. Prime location! Minutes walk to Newton Exchange, recreation center, Frescho, Fruiticana, restaurants, banks, services, schools, parks, shopping, and many more! Amenities include a car wash, club house, visitor parking & street parking. Less than 5 minutes drive to Costco & Superstore.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 651 sq ft
- Parking
- 1
- Year built
- 2017
- Property tax
- $2,188 / yr
- Strata fee
- $205 / mo ($0.31 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Rentals Allowed With Restrictions
- Days on market
- 147
- MLS®
- R3122966
Features
- Pets Allowed With Restrictions
- Rentals Allowed With Restrictions
- Washer
- Refrigerator
- Dishwasher
- Stove
Monthly cost
$2,565/mo
Mortgage $2,178 · Tax $182 · Strata $205
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
- −$1,017/mo
- Cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $2,178 · tax $182 · strata $205 · insurance ~$175 · 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 M.B. Sanford Elementaryhomes in this catchment
700 m away · 7318 143 St, Surrey · 604-596-7517
- Secondary Frank Hurt Secondaryhomes in this catchment
900 m away · 13940 77 Ave, Surrey · 604-590-1311
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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