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$320,000

703 13675 107A AVENUE

Surrey · MLS® R3062758

All units at 13675 107a Ave →

1 bath · 330 sq ft

Condo · Single Family · built 2025 · 345 days on market

Listed by Shamsher Hundal, Coldwell Banker Universe Realty

Realtor's description

Welcome to this brand new studio unit in Flamingo Tower offering modern finishes, open-concept living, and plenty of natural light. Perfect for first-time buyers or investors, this unit features a sleek kitchen, in-suite laundry, gorgeous views, and private balcony. Located in a convenient area close to shopping, restaurants, and transit."

Property details

Type: Condo, Single Family
Bathrooms: 1
Living area: 330 sq ft
Parking: 0
Year built: 2025
Strata fee: $109 / mo ($0.33 / sq ft)
Days on market: 345
MLS®: R3062758

Price check

2026 assessment: $350,700 · asking is -8.8%
Price per sq ft: $970 vs $673 median for condos in Surrey for sale (983)
Last sold: $317,753 · Oct 23, 2025

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.

Property insights

On market 345 days · no price changes so far

The market here

Listed now: 60 days; median for 1054 condos for sale; this one 345 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$350,700	$1,202

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.

Monthly cost

$1,503/mo

Mortgage $1,394 · Strata $109

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

estimated payment

$1,394/ monthly

loan $256,000

25-year amortization

down payment20% · $64,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $162,263
property transfer tax: $4,400; BC general rate
cash to close: $68,400; down + PTT
total paid: $418,263

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.

If you rented it out

Rent: $1,606/mo
After all costs: −$61/mo
Cap rate: 5.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,394 · strata $109 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a studio 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

The building's lot: 5,194 m² (55,908 sq ft) · PID 032-669-437. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Drive times

Forsyth Road Elementary2 min
Kwantlen Polytechnic University (Civic Plaza Campus)3 min
Kwantlen Park Secondary4 min
Surrey Memorial Hospital6 min
Downtown Vancouver38 min
YVR airport39 min

Walkability 94/100 · Very walkable: most errands on foot

Within a 10 minute walk: 6 grocery stores, 19 places to eat or drink, 3 cafes, 9 parks and playgrounds, 1 school, 3 pharmacies, 25 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Forsyth Road Elementaryhomes in this catchment
500 m away · 10730 139 St, Surrey · 604-588-8394
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.

Development nearby

Rezoning for a 52 storey, 879 unit building
370 m away · 2024 · conditionally approved
Rezoning from Community Commercial Zone (C-8) Highway Commercial Industrial Zone (CHI) and Self-Service Gasoline Station Zone (CG-1) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8); Subdivision (Consolidation) from eight (8) lots into one (1) lot; Official Community Plan (OCP) Amendment to redesignate a portion of the site
Rezoning for a 6 storey, 366 unit building
400 m away · 2026 · conditionally approved
Rezoning from Suburban Residential Zone (R1) and Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on RM-70); Subdivision (consolidation) from six (6) lots into one (1) lot; Development Permit to permit the development of 2 six-storey residential buildings containing 366 residential dwelling units and two levels of underground parking.
Rezoning for a 34 storey, 312 unit building
160 m away · 2025 · conditionally approved
Rezoning from Community Commercial Zone (C8) to Comprehensive Development Zone (CD) (based on Multiple Residential Commercial 135 Zone (RM-135) Neighbourhood Commercial Zone (C-5); Subdivision (Consolidation) from five (5) lots into one (1) lot; Official Community Plan (OCP) Amendment to increase density from 3.5 FAR to 7.5 FAR; City Centre Plan Amendment from Mid Rise to High Rise; Development Pe
Rezoning for a 31 storey, 296 unit building
340 m away · 2024 · under review
Rezoning from Highway Commercial Industrial Zone (CHI) to Comprehensive Development Zone (CD) (based on Multiple Residential 135 Zone (RM-135) and Community Commercial Zone (C-8); Subdivision (Consolidation) from two (2) lots into one (1) lot; Official Community Plan (OCP) Text Amendment to a portion of the site from 3.5 FAR to 7.5 FAR a portion of the site from 3.5 FAR to 11.04 FAR; Neighbourhood
Rezoning for a 6 storey, 105 unit building
230 m away · 2024 · conditionally approved
Rezoning from Comprehensive Development Zone (CD) Bylaw No. 16264 to Comprehensive Development Zone (CD) (based on RM-70); Official Community Plan (OCP) Text Amendment to permit 2.93 FAR in the Multi-Residential Designation; Development Permit to permit the development of a 6-storey apartment building containing 105 secured market rental units over two (2) levels of underground parking in City Cen

And 3 smaller applications nearby.

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.

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