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North Surrey Homes for Sale

Whalley, Royal Heights, Port Kells, Bridgeview and Fraser Heights are just a few of North Surrey’s communities attracting potential homebuyers. The City of Surrey is very proactive and prides itself on its long-term goals of making the downtown Central Surrey core into something like Yaletown in Vancouver. With plenty of new commercial and residential real estate being developed today, you can literally watch the changes they have in motion on a daily basis. Central Surrey is quickly becoming a hot spot for first time homebuyers, investors, and working professionals who want to leave a greener footprint by using the many public transportation options all throughout the Lower Mainland. Check out our North Surrey MLS listings or call Natasha Taylor of the Taylor Team at 1-778-316-4290 and let our group of experienced North Surrey Sutton real estate agents show you why Surrey has been rated BC’s #1 area to invest in (and the #4 in all of Canada).

About North Surrey BC

North Surrey British Columbia is a great place for the first time buyer, commuter, or for anybody looking to invest in BC real estate. Let our group of experienced Sutton North Surrey real estate agents at The Taylor Team show you why Surrey has been rated the #1 area to invest in BC and the #4 in all of Canada. Whether you are looking to jump on the sky train and head to work with ease or just get into the Surrey real estate market, you definitely can’t go wrong buying here in North Surrey BC. With starter areas like Whalley, to more prestigious residential communities like Fraser Heights, there is much to choose from here in North Surrey.

North Surrey real estate is constantly under development. An extremely large amount of BC condos and new homes are being built in this popular area as well as new commercial buildings.

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For sale
$2,200,000
13697 GROSVENOR ROAD, surrey, British Columbia

13697 Grosvenor Road

Surrey, British Columbia

Surrey central home in family oriented Bolivar Heights neighborhood. 7211 sqft lot. 6 bdrms 2 bath up ,living/dining rooms. Double crown moldings, LARGE COVERED DECKS. FULLY fenced yard with sidewalks. Stucco. easy access to NO.1 highway and Pattullo Bridge. Potential for future development. . OCP Zoning for Low Rise condo. (id:48205)

8 Bedroom 4 Bathroom 2638
For sale
$2,200,000
14424 104A AVENUE, surrey, British Columbia

14424 104a Avenue

Surrey, British Columbia

Located within Guildford NCP designated as Mid-High Rise 3.5 F.A.R (id:48205)

4 Bedroom 2 Bathroom 1680
For sale
$2,200,000
12711 104A AVENUE, surrey, British Columbia

12711 104a Avenue

Surrey, British Columbia

Luxury living w/ this impeccable home in Cedar Hills on a 4188 sqft lot boasting 7 beds, 6 baths & 3990 sqft of living space. The open layout seamlessly connects the kitchen, living area, dining space, and outdoor zones, creating a welcoming focal point for gatherings. Indulge your culinary passions in the well-appointed kitchen, Wok kitchen, equipped with premium appliances, quartz countertops, and ample storage solutions. Elevating your living experience, the property features 2 primary bedrooms, AC, Radiant heating, custom cabinetry, CCTV security, and an alarm system, (2+1) Mortgage helpers. This home is in a family-friendly neighborhood near transit, parks, schools, Hwy 17, Patullo Bridge, shopping. Balance of 2/5/10 Home Warranty. (id:48205)

7 Bedroom 6 Bathroom 3990
For sale
$2,200,000
18430 70 AVENUE, surrey, British Columbia

18430 70 Avenue

Surrey, British Columbia

SKYTRAIN! Excellent super central location for development in the West Clayton NCP, just a few doors off of Fraser Hwy and future skytrain station. Plan shows: Townhouse; 22+5 UPA Bonus. Home and property are very well maintained, live or rent to invest in future development. Spacious open rancher with lots of updates and detached shed/shop, good parking, fenced yard, walk to schools, shopping and bus. (id:48205)

2 Bedroom 1 Bathroom 1280
For sale
$2,199,999
9086 150 STREET, surrey, British Columbia

9086 150 Street

Surrey, British Columbia

This site is right on the south-east corner of Fraser Hwy and just about 350 meters from the future Skytrain station and plaza at the intersection of 152 street and Fraser Hwy. This Skytrain station is the first one outside Surrey's City Center, connecting Surrey Centre and Fleetwood town centre. Fraser Highway connects Surrey Center and the Center of City of Langley from the West to the East , while 152 St runs across City of Surrey from the North to the South, joining the traffic up into Highway No. 1. As the City Center grows and extends towards the East, tremendous prospective uses could be expected on this site, thanks to the prime location. This site is for a creative developer with strategic vision in the the future of this City. (id:48205)

5 Bedroom 3 Bathroom 2467
For sale Open House
$2,199,998
9338 125 STREET, surrey, British Columbia

9338 125 Street

Surrey, British Columbia

Spacious Family Home with Incredible Rental Potential! This well-kept home offers 5044 sq ft of living space on a 60x150 ft (9096 sq ft) lot, featuring 9 beds and 7 baths. The main floor includes 4 bedrooms, with 2 master bedroom with ensuite. Lower level includes 1 legal and 1 unauthorized suites, each with ample space, 1 of which has 2 kitchens, & 2 living rooms. Potential rental income of $5000 per month from the suites alone. There is a bonus 26'7" x 10'9" rec room with a wet bar, an extra bedroom, and a bathroom, ideal for a guest suite or convert into a third rental suite. Also includes a 10'x12' large shed, a new fence, & total of 6 parking. located next to Senator Reid Elementary & walking distance to LA Matheson HS, it is also near shopping centers, parks, transits & bridges. (id:48205)

9 Bedroom 7 Bathroom 5044
For sale
$2,199,900
18860 86 AVENUE, surrey, British Columbia

18860 86 Avenue

Surrey, British Columbia

Looking for quiet in a chaotic world but want to be near what the City has to offer? Not afraid of doing a little hard work? Then this solid 5-bedroom home, with an unfinished basement is a blank canvas waiting for your remodel/decorating ideas. With a bright & sunny yard and only a partial view of one neighbour, the sound of a meandering creek, these 3 acres are a paradise waiting to be found. Back half of the property lends itself to treehouses, old tire swings and plenty of room for an epic game of hide and seek. Only a short drive to all the amenities, and Hwy #1. Why wait, leave the hustle and bustle behind, call for your private showing today. (id:48205)

5 Bedroom 1 Bathroom 2977
For sale
$2,199,000
10424 NEWARK PLACE, surrey, British Columbia

10424 Newark Place

Surrey, British Columbia

ATTENTION DEVELOPERS & INVESTORS! DEVELOPMENT POTENTIAL with 2.25 FAR (verify with City of Surrey). 1/2 duplex with rental suite boasting over 5000 sf lot size with no maintenance fees, plus generating rental income. OCP and Guildford Plan indicate future "low to mid rise condominium". Located along 104 Ave Frequent Transit Development Area, this property offers exciting development potential that aligns perfectly with the evolving landscape of the community. With its strategic location and ample space, the possibilities are endless. Sold as part of a land assembly with neighboring properties. Kindly call or reach out for further inquiries. Thank you! (id:48205)

4 Bedroom 2 Bathroom 1801
For sale
$2,199,000
10453 NEWARK PLACE, surrey, British Columbia

10453 Newark Place

Surrey, British Columbia

ATTENTION DEVELOPERS & INVESTORS! DEVELOPMENT POTENTIAL with 2.25 FAR ( Verify with City of Surrey). 1/2 duplex with rental suite boasting over 5000 sf lot size with no maintenance fees, plus generating rental income. OCP and Guilford Plan indicate future "low to mid rise condominium". Located along 104 Ave Frequent Transit Development Area, this property offers exciting development potential that aligns perfectly with the evolving landscape of our community. With its strategic location and ample space, the possibilities are endless. Sold as part of a land assembly with the neighboring properties. Kindly call or reach out for further inquiries. Thank you! (id:48205)

5 Bedroom 2 Bathroom 1919
For sale
$2,199,000
10451 NEWARK PLACE, surrey, British Columbia

10451 Newark Place

Surrey, British Columbia

ATTENTION DEVELOPERS & INVESTORS! DEVELOPMENT POTENTIAL with 2.25 FAR (verify with City of Surrey). 1/2 duplex with rental suite boasting over 5000 sf lot size with no maintenance fees, plus generating rental income. OCP and Guildford Plan indicate future "low to mid rise condominium". Located along 104 Ave Frequent Transit Development Area, this property offers exciting development potential that aligns perfectly with the evolving landscape of the community. With its strategic location and ample space, the possibilities are endless. Sold as part of a land assembly with neighboring properties. Kindly call or reach out for further inquiries. Sold As Is. Thank you! (id:48205)

4 Bedroom 2 Bathroom 1770
For sale
$2,199,000
10426 NEWARK PLACE, surrey, British Columbia

10426 Newark Place

Surrey, British Columbia

ATTENTION DEVELOPERS & INVESTORS! DEVELOPMENT POTENTIAL with 2.25 FAR (verify with CIty of Surrey). 1/2 duplex with rental suite boasting over 5000 sf lot size with no maintenance fees, plus generating rental income. OCP and Guildford Plan indicate future "low to mid rise condominium". Located along 104 Ave Frequent Transit Development Area, this property offers exciting development potential that aligns perfectly with the evolving landscape of the community. With its strategic location and ample space, the possibilities are endless. Sold as part of a land assembly with neighboring properties. Kindly call or reach out for further inquiries. Thank you! (id:48205)

4 Bedroom 2 Bathroom 1880
For sale
$2,199,000
11340 RIVER ROAD, surrey, British Columbia

11340 River Road

Surrey, British Columbia

Brand new luxury 2 storey home plus basement. Main floor features a large & inviting living room w/ huge windows to enjoy the view, a dining room, spacious kitchen & spice kitchen, a family room & a powder washroom. Main floor also has a den & a bedroom with an attached washroom, potential to turn into a rental suite! 4 bedrooms, 3 bathrooms and a laundry upstairs. The master bedroom features a walk-in closet and a spacious ensuite. Downstairs features a one-bedroom suite and a two bedroom suite **(2+1)** Basement also has a theatre & games room. This house has a potential for 3 suites, great for mortgage help! Amazing mountain, river & city views from this property. Central location with easy access to both bridges, the highway and Skytrain. (id:48205)

9 Bedroom 8 Bathroom 5130
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The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

About The City of

North Surrey

North Surrey is a perfect place for those who may need to commute. Not only is there an abundance of public transportation but you are located only about 25 minutes from downtown Vancouver by car. You also have many access and exit points to North Surrey through the Queensborough Bridge and multiple highway routes.

The community is beginning to develop plenty of luxury developments at much more affordable rates when compared to Burnaby and Vancouver. For penthouse units or condos with city and mountain views in Surrey you are looking at price ranges in the $600,000’s to $700,000’s, $800,000’s, and above. These offer unobstructed panoramic views of the city, the Fraser River, and the Pacific Coast Rocky Mountains making them extremely well priced in comparison to condos with views in Vancouver or Burnaby.

Neighborhoods in

North Surrey

In recent years, North Surrey has continued to grow and new condo and townhouse developments are popping up across town. With recent growth, the community has seen a lot of new custom homes being and young affluent families are beginning to move in.

map of clodverdale neighborhoods

Amenities in

North Surrey

In North Surrey there is also plenty of entertainment and lots of things to do. There is a large mall located just off the Skytrain and an excellent Recreation Centre with a swimming pool, Ice Arenas, Weight Room and Cardio Centre. Within the Rec Centre there are also some great after school programs, youth programs, and classes for adults.

North Surrey is home to some of the most state-of-art recreational facilities in Surrey. Whether you’re looking for indoor gyms, swimming pools, ice rinks or well-maintained outdoor walking trails, North Surrey has it all.

  • North Surrey Sport & Ice Complex
  • North Surrey Community Park
  • North Surrey Recreation Centre
  • Green Timbers Urban Forest
  • Holland Park
There are plenty of elementary and secondary schools located in North Surrey. Many of these schools have an excellent track record.

North Surrey Elementary Schools:

  • Hjorth Road Elementary School
  • Serpentine Heights Elementary School
  • Bonnaccord Elementary School
  • Berkshire Park Elementary
  • Harold Bishop Elementary
  • William F. Davidson Elementary School
  • Riverdale Elementary School

North Surrey Secondary Schools:

  • North Surrey Secondary School
  • Johnston Heights Secondary School
  • Guildford Learning Centre
  • Fraser Heights Secondary School

Private Schools in Cloverdale:

  • Holy Cross Regional High School
  • Surrey Christian School
  • Regent Christian Academy
  • Pacific Academy
North Surrey has an excellent reputation as being one of the best shopping districts in the Fraser Valley. Thousands of non-residents travel across the Fraser Valley each week just to be able to shop here.

  • Guildford Town Centre
  • Central City Mall
  • Cedar Hills Shopping Centre
  • Riverside Heights Shopping Centre

The transportation options in North Surrey continue to improve year after year. With easy access to Downtown Vancouver, its no surprise many commuters live in North Surrey and drive or transit into Vancouver for their jobs.

  • Uber
  • Translink Buses
  • Taxi Service
  • Skytrain

Economic Stats for

North Surrey

The economy in North Surrey continues to grow rapidly across a variety of different industries from finance to medical and education to warehousing. The economy is flourishing across all sectors and is expected to continue for many, many years.

North Surrey’s population has been steadily growing over the last decade. Over the last ten years, we have seen population growth close to 1% year after year, especially in Whalley (the city centre).
Communities like Whalley have lower than average household incomes, but a staggering 11% of the households each in excess of $150,000 per year in household income.

As the community continues to grow we expect the household incomes to increase substantially.

Similar to many other communities within the Fraser Valley, North Surrey has experienced drastic pricing increases, especially in new development projects.

North Surrey April 2021 Price Three Year % Change    
Detached House $1,288,100 30%    
Townhouse $618,800 7%    
Apartment/Condo $452,800 4%    

(From MLS® Home Price Index – Fraser Valley Real Estate Board April 2021.)

 

Residential Property Tax Rate for Surrey from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.189%     0.123%       0.346%
2019     0.176%     0.114%       0.319%
2018     0.181%     0.116%       0.326%

There are several major economic drivers in North Surrey. While the city has a very diverse economy, there are several large organizations that have been critical to the growth over the last several years.

Simon Fraser University is located in the Central City mall. With over 7,000 university students per semester, this provides a huge economic boost to the surrounding restaurants and retail stores. Kwantlen Polytechnic University has launched a new campus right next door which attracts several thousands more students.

Surrey Memorial Hospital is a high-volume hospital that employs thousands of highly paid and unionized staff. 

 

Rental Potential in

North Surrey

Condos for sale in the core of North Surrey, near the Simon Fraser University Surrey Campus, are a sure bet for rental investments. Today the Taylor Team has sold many of these units to individuals from all over the world who are purchasing these North Surrey condos purely for rental investment purchases. Being that these condos start in the $400,000 price point approximately, the rent literally will pay your mortgage if you need one. Being that all the condos are located within walking distance to the Skytrain, many students without personal transportation love to rent out the condos for the duration of their higher learning, and in some cases we have seen that the graduates stay in these condos as they are quite nice and extremely convenient for the working professional who has to commute into downtown Vancouver.

Before you take the first step in acquiring a real estate investment it is best that you understand the most common costs associated with acquiring and maintaining a rental property.

  • Property Transfer Tax – This is a provincial tax on the transfer of ownership between the seller and buyer. In general, it is 1% – 3% of the fair market value.
  • Lawyer Fees – These fees vary depending on the firm’s rates and whether you will be financing or paying cash for the property. That being said, in general, the cost is approximately $1,000 – $2,000.
  • Property Taxes – All real estate in BC is impacted by property taxes in one way of another. In North Surrey, you can expect to pay around 0.334% of the BC assessment value each year.
  • Strata Fees – If you’re purchasing a property that has a strata corporation, then you can expect to pay a monthly fee to the strata. Most, if not all, apartments, townhomes, and condos have a monthly strata fee. This can range from $200 – $500+ per month.
  • Repairs & Maintenance – Most savvy investors budget 1 – 2 % of the fair market value of the property for repairs and maintenance.
  • Property Management – Who will manage the screening of tenants? What about collect the rents and abide by the BC Tenants Act? Property management companies can manage all of the day-to-day operations for anywhere from a 6 – 10% commission.

North Surrey is a big rental market. There are plenty of savvy investors that understand how lucrative the North Surrey rental market is and they continually invest in new condo projects, townhomes, and detached homes.

Vacancy rates in North Surrey are almost non-existent with the average being between 1-1.5% vacancy at any given time.

As we all know, each neighbourhood and property type will be able to demand rental rates at different rates. So it’s best to speak with a local real estate agent who understands your property and the market demand.

Estimated Monthly Rents:

1 Bedroom – $1,350 – $1,600 per month

2 Bedroom – $1,700 – $2,150 per month

3 Bedroom – $2,200 – $3,400 per month