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$429,990

B209 18088 72 AVENUE

Surrey · MLS® R3159388

1 bed · 1 bath · 601 sq ft · 1 parking

Condo · Single Family · built 2026 · 41 days on market

Listed by Manpreet Gill, RE/MAX Westcoast

Realtor's description

Introducing Bute by award-winning Zenterra Developments in West Clayton! This BRAND NEW condo offers 1 Bedroom + Den + 1 bathroom. 9' ceilings, A/C, solid closet organizers, storage locker & 1 parking stall w/ EV rough-in. Kitchen offers full-size stainless steel appliances with 5-burner gas range, kitchen island + gas BBQ hookup on balcony. Purchase with only 10% deposit, completion is estimated for Spring 2028. Located just 3 blocks to the future SkyTrain station with easy access to Highway 1, new Cloverdale hospital + New Salish Secondary School. Amenities include rooftop patio with firepits, lounge seating & BBQs, community gardens, games room, co-working space, party room, daycare & fitness centre. Presentation Centre open daily 12-5PM (closed Fri) at #30 - 2411 160 St. South Surrey.

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 601 sq ft
Parking: 1
Year built: 2026
Strata fee: $329 / mo ($0.55 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 41
MLS®: R3159388

Features

Pets Allowed
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Typical for the area (+6.6%)

Price per sq ft: $715 vs $671 median for condos in Surrey for sale (1002)

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 41 days

The market here

Listed now: 63 days; median for 1003 condos for sale; this one 41 days

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

Monthly cost

$2,202/mo

Mortgage $1,873 · Strata $329

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

estimated payment

$1,873/ monthly

loan $343,992

25-year amortization

down payment20% · $85,99820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $218,036
property transfer tax: $6,600; BC general rate
cash to close: $92,598; down + PTT
total paid: $562,028

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: $1,602/mo
After all costs: −$763/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,873 · strata $329 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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 ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Regent Road Elementaryhomes in this catchment
1.3 km away · 18711 74 Ave, Surrey · 604-595-6488
Secondary Salish Secondaryhomes in this catchment
700 m away · 7278 184 St, Surrey · 604-235-9836

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.

Good to know

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas