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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
$459,000
216 9979 140 STREET, surrey, British Columbia

216 9979 140 Street

Surrey, British Columbia

Centrally located 1BR 1BTH North Surrey condo. Beautiful courtyard & landscaped greenspace welcome you to this tranquil complex while warm neutral colours & rich laminate floors flow throughout this inviting & functional space. Cooking is a delight in your bright kitchen with ample prep space further illuminated by a handy pass through window. Sizable & naturally well-lit master bedroom overlooks your private balcony & offers double closets leading to a cheater ensuite with in suite laundry. Storage locker conveniently situated on same floor next to elevator. Ideal for first time home buyers, students, commuters & downsizers, Sherwood Green is steps to King George Skytrain Station, SFU Surrey Campus, KPU, Central City Mall, Surrey Memorial Hospital & every imaginable urban convenience. (id:48205)

1 Bedroom 1 Bathroom 640 sqft
For sale
$459,000
1208 13438 CENTRAL AVENUE, surrey, British Columbia

1208 13438 Central Avenue

Surrey, British Columbia

MOVE-IN-READY! North-East facing home in the heart of Surrey Central. PRIME ON THE PLAZA, where luxury meets modern living! Conveniently located just minutes walk away from Surrey Central Skytrain Station, Central City Shopping Mall, SFU, KPU, UFC's future Surrey Campus, cafe's, parks and much more. This beautiful studio (micro two bed unit, two Murphey Beds installed by developer) with multiple barn sliding doors, allows for numerous layout options! Amazing layout that is a must see! Plethora of amenities that include a gym, sauna/steam room, study/work rooms, kids play area, entertainment room and more. Includes locker. Perfect living arrangement to call home or for your next investment! Book your private viewing today! (id:48205)

1 Bedroom 1 Bathroom 452 sqft
For sale
$459,000
1501 13688 100 AVENUE, surrey, British Columbia

1501 13688 100 Avenue

Surrey, British Columbia

Park Place One by Concord Pacific at King George Surrey! This cleverly designed 1 Bedroom and 1 Bathroom home is a must see! Sunny and south facing, this unit overlooks the concourse with panoramic views, and features a kitchen with s/s appliances, quartz countertops, and Whirlpool washer and dryers. Amenities include a 24/7 concierge, fitness centre, yoga studio, theatre/media room and bowling alley. Convenience is the name here! You are steps from King George Skytrain station, SFU, KPU, Central City Mall, Holland Park, and the future UBC campus all within proximity. First-time buyers or investors don't miss this opportunity! (id:48205)

1 Bedroom 1 Bathroom 544 sqft
For sale
$459,000
411 10707 139 STREET, surrey, British Columbia

411 10707 139 Street

Surrey, British Columbia

Very Spacious 1 bedroom on the top floor @Auro Two with 10 feet ceiling. Steps away from school, city centre, transit and parks. Walking distance to SFU and skytrain. It is excellent investment opportunity for either live in or rent out. (id:48205)

1 Bedroom 1 Bathroom 616 sqft
For sale
$459,000
413 9689 140 STREET, surrey, British Columbia

413 9689 140 Street

Surrey, British Columbia

Welcome to Fraser Landmark, strategically placed in Surrey's Downtown District ! This 1 bed and 1 bath unit located in the quiet side of the complex with a functional layout. High ceiling throughout, quartz countertops, stainless steel appliances, soft-close cabinets. One underground parking. A rooftop entertaining terrace spread over 2,000 square feet including a party room, Ping Pong table, Guardrail Kompan playhouse. Only a short walking distance to skytrain, parks, playgrounds, community centres, Universities and Surrey Central Mall. The best choice to make it home or an investment. (id:48205)

1 Bedroom 1 Bathroom 566 sqft
For sale
$458,000
1707 13495 CENTRAL AVENUE, surrey, British Columbia

1707 13495 Central Avenue

Surrey, British Columbia

Nicely kept 1 bedroom unit available immediately now. Close to everything. Next to Kwantlen College, Public Library, City Hall and within walking distance to the mall and T &T. Fresh new paint. 8 appliances included. 1 parking(#620) and 1 storage locker(P118 #1018) is included. Very clean and vacant. Open to reasonable offers. Prefer completion in May. Source of measurement : done by the listing agent using a measuring tape (id:48205)

1 Bedroom 1 Bathroom 516 sqft
For sale
$458,000
606 10899 UNIVERSITY DRIVE, surrey, British Columbia

606 10899 University Drive

Surrey, British Columbia

Well built and impeccably maintained 'The Observatory'. Extra large 702 sq.ft one bedroom with kitchen upgrades, high quality appliances, renovated bathroom, plus flooring, paint, closet organizers, lighting, parking & storage. Complete privacy with no windows facing back at you. Close to Gateway Station, shopping, amenities, schools & recreation. Excellent natural light and expansive river & mountain views from all rooms plus balcony. It is the best value in the area for size, condition, building and outlook/view. (id:48205)

1 Bedroom 1 Bathroom 702 sqft
For sale
$456,000
408 10455 UNIVERSITY DRIVE, surrey, British Columbia

408 10455 University Drive

Surrey, British Columbia

D'Cor is located in the heart of Surrey Central! This 586 sqft penthouse unit features a functional layout with no wasted space. With 9' ceilings throughout the unit, laminate floorings in the main area, and soft carpets in the bedroom, there is plenty of space to enjoy! Located within walking distance to Surrey Central Station. Simon Fraser University, Walmart, T&T Supermarket, Central City Shopping Mall, Library, restaurants and more! One parking and one storage locker included. (id:48205)

1 Bedroom 1 Bathroom 586 sqft
For sale
$455,000
E209 13858 108 AVENUE, surrey, British Columbia

E209 13858 108 Avenue

Surrey, British Columbia

Assignment of contract. This is the Radley by West Fraser developments. 1 bedroom and flex room with larger locker and one parking. Close to Gateway Sky Train station and shopping. Building offers fitness centre, work/ study room and lounge. B2 plan with "warm" color scheme. Estimated completion fall 2024. GST is not included in the sale price. (id:48205)

1 Bedroom 1 Bathroom 507 sqft
For sale
$450,000
901 13750 100 AVENUE, surrey, British Columbia

901 13750 100 Avenue

Surrey, British Columbia

Welcome to amazing Concord Park Avenue!! EAST facing 1 bedroom unit with one parking, Beautiful city view. Open layout featuring kitchen with gas cooktop & built-in oven, quartz stone countertops & marble backsplash, floor-to-ceiling window. Luxurious resort-like amenities including a large lap pool; entertainment kitchen lounge, hot tub, steam room & sauna; sky garden, tennis court, golf putting green, yoga pavilion, fitness center & concierge services. Centrally located in transit and University Hub. Skytrain, T&T supermarket, SFU, KPU, UBC, VCC, Douglas College, Sprott Shaw College & more. Check out the best amenities in the area. rental month to month $1,660.87. Parking #304, Storage locker #344 (P3-6) Open house June 22, 23 from 2-4pm. (id:48205)

1 Bedroom 1 Bathroom 512 sqft
For sale
$450,000
411 13321 102A STREET, surrey, British Columbia

411 13321 102a Street

Surrey, British Columbia

Agenda, a community situated in a central & desirable location in Downtown Surrey, only steps away from the Skytrain, SFU, KPU, City Hall, Library, T&T, Walmart, Central City Shopping Centre, Holland Park & numerous restaurants/shops. The spacious unit is on the quiet side of the building with 1 bed & 1 full bath.The open layout with its 9ft ceilings & large windows makes the rooms full of natural light and it has the gorgeous city centre view from the windows and patio. It won't last long. Open house May18, 19 2-4pm (id:48205)

1 Bedroom 1 Bathroom 585 sqft
For sale
$450,000
2611 13696 100 AVENUE, surrey, British Columbia

2611 13696 100 Avenue

Surrey, British Columbia

Welcome to Park Avenue West by Concord Pacific. This one-bedroom open-plan layout with glass slider bedroom walls offers versatility use. North-facing reveals North Short Mountain views. As a resident, you will enjoy exclusive amenities with a 24/7 concierge, a well-equipped fitness center, a sauna room, a tennis court, a hot tub, an outdoor pool, and a rooftop sky garden. Steps to King George Skytrain station, SFU Surrey Campus, Surrey Central City Shopping Center, Library, T&T Market, Famous restaurants and more. (id:48205)

1 Bedroom 1 Bathroom 448
For sale Open House
$449,999
2001 13398 104 AVENUE, surrey, British Columbia

2001 13398 104 Avenue

Surrey, British Columbia

Welcome to Alumni by Bosa. A bright south facing 1 bed condo in Downtown Surrey's vibrant university district. A functional layout with clever built-in furniture: a queen-size Murphy bed, a hidden single foldable bed, and a flexible den. The kitchen island features an extendable dining table to entertain guests. Enjoy S&S appliances, 1 parking spot, and 1 storage locker. Pet-friendly with top-notch amenities like a gym, lounge, and rooftop garden. Conveniently located near transit, parks, skytrain, Central City Mall, and SFU Surrey. Perfect for first-time buyers or savvy investors. Still available. **OPEN HOUSE JUNE 29 (SAT) 2PM-4PM** (id:48205)

1 Bedroom 1 Bathroom 578 sqft
For sale
$449,999
433 13768 108 AVENUE, surrey, British Columbia

433 13768 108 Avenue

Surrey, British Columbia

Spacious one bed plus DEN in VENUE. The DEN could be a second bedroom with a closet! 9'ceilings, oversized windows, quartz countertops, stainless steel appliances, and in-suite full sized washer and dryer. This building was built in 2018, with a rooftop deck with barbecue outlets and sitting areas offering city and mountain views. Just a few minutes to Gateway Skytrain Station, SFU campus, Centre City Mall, North Surrey Recreation Centre, and easy freeway access. Pets allowed with restrictions, rentals allowed. Smoking restricted building. First showing/open house on Saturday and Sunday (June 22nd and 23rd ) 2-4pm. (id:48205)

1 Bedroom 1 Bathroom 548 sqft
For sale Open House
$449,900
401 10788 139 STREET, surrey, British Columbia

401 10788 139 Street

Surrey, British Columbia

Embrace the essence of urban living with downtown amenities just moments away. Positioned conveniently near SFU, Surrey Memorial Hospital, Jim Pattison Outpatient Centre, Surrey Central & Gateway Skytrain Station, and nearby schools, this location caters to modern life. Step into an exceptional 1 BEDROOM 1 BATH TOP FLOOR Corner unit within the esteemed AURA building. Revel in the luxury of absolute privacy! Enjoy a wealth of amenities including 24-hour video surveillance, secure entrance controls, underground parking, bicycle storage, 1 Car Parking + 1 Storage locker, ample visitor parking, and complimentary hot water. Welcome to unmatched urban living at its peak. (id:48205)

1 Bedroom 1 Bathroom 633 sqft
For sale
$449,900
320 9979 140 STREET, surrey, British Columbia

320 9979 140 Street

Surrey, British Columbia

Welcome to pet friendly Sherwood Green; where you can bring your 2 four-legged friends. This popular development is in a fabulous location; close to skytrain & transit, Central City Shopping Centre, Surrey Memorial Hospital, Jim Pattison out-patient, SFU Campus and Green Timbers Park. Inside this third-floor corner unit you will find a spotless 'move-in' ready home which has been tastefully updated and has a spacious living space. Features include: vinyl plank flooring throughout, crown molding, gas fireplace, stainless steel appliances, a private West exposed deck, in-suite laundry & storage plus a locker on the main floor, 1 secure underground parking and much more! (id:48205)

1 Bedroom 1 Bathroom 644 sqft
For sale
$449,800
706 13359 OLD YALE ROAD, surrey, British Columbia

706 13359 Old Yale Road

Surrey, British Columbia

Like new 1 bedroom with with air conditioning, in the only one year old The Holland! Very short walk to King George Station, transit and Central City. Unit features stainless steel appliances quartz counter tops, gas range, soft close cabinets, 1 full size parking and a storage locker! Building features a full gym, music room, club house, barbecue area with deck and a playground. Maintenance fee includes hot water and natural gas. Measurements approximate & info not guaranteed, buyers to verify if deemed important. (id:48205)

1 Bedroom 1 Bathroom 453 sqft
For sale
$449,000
114 13919 FRASER HIGHWAY, surrey, British Columbia

114 13919 Fraser Highway

Surrey, British Columbia

The Verve. Open concept 1 bedroom suite with 9' ceilings, SS appliances, quartz countertops. Modern design with amenities including gym, 2 party rooms, meeting room and guest suite. Secured parking and EV section. Steps away from sky train and public transit. Well-maintained and move in ready. OPEN HOUSE: June 22 and June 23 2pm - 4pm. (id:48205)

1 Bedroom 1 Bathroom 597 sqft
For sale
$449,000
2509 13325 102A AVENUE, surrey, British Columbia

2509 13325 102a Avenue

Surrey, British Columbia

University District opportunity to invest in this beautiful 40 storey skyscraper in Surrey's City Centre! This centrally located hi-rise is only steps from City Hall, Civic Plaza, Central City Shopping Center, SFU Surrey and Surrey Central Skytrain Station. This 1 bedroom unit is the perfect investment and it features quartz counter tops, laminate flooring, and a wonderful view of the city parks. Call today for your private viewing! Open House cancel on Sunday. (id:48205)

1 Bedroom 1 Bathroom 631 sqft
For sale
$449,000
203 13350 CENTRAL AVENUE, surrey, British Columbia

203 13350 Central Avenue

Surrey, British Columbia

Welcome to the epitome of urban living at ONE CENTRAL! Very good price for first time buyer or investor! This 1 BED & 1 Bathroom unit tailor-made for savvy homeowners or investors. Home features open layout, good quality laminate floor and high end appliance. Dive into luxury with 25,000 sf of top-notch amenities, including a fitness haven, 24/7 concierge, and a 44th-floor rooftop oasis boasting panoramic views of mountains, river, city, and valley. Located mere minutes from SFU, KPU, Central City Shopping Centre, T&T Supermarket, Walmart, and the Skytrain Station. Nice tenant wants to stay! Must see! (id:48205)

1 Bedroom 1 Bathroom 470 sqft
For sale
$448,888
W203 13838 108 AVENUE, surrey, British Columbia

W203 13838 108 Avenue

Surrey, British Columbia

ASSIGNMENT OF CONTRACT. WELCOME TO RADLEY. Opportunity to own this beautiful designed 6 level building which included great amenities like outdoor courtyards equipped with BBQ and lounge seating, entertainment rooms, fireside lounge with kitchen, co-work space, fitness and yoga studio. A spacious 506 sqft 2nd floor unit and 63sqft balcony. Minutes to surrey city hall, Rec centre, SFU Surrey and the future UBC Surrey Campus, Walk to Gateway Skytrain, schools, parks, restaurants and more. Estimated Completion in Summer 2024. Give me a call today for more info. (id:48205)

1 Bedroom 1 Bathroom 504 sqft
For sale
$448,000
3511 13750 100 AVENUE, surrey, British Columbia

3511 13750 100 Avenue

Surrey, British Columbia

Discover the epitome of modern living at Concord Pacific's Park Avenue East with this chic Jr. 1 bed boasting stunning north-facing views from Vancouver to Golden Ears. The sleek kitchen features high-end stainless steel appliances, a Blomberg gas stove, and elegant quartz counters with a marble backsplash while floor-to-ceiling windows flood the home with natural light. Enjoy entertaining on the patio and take advantage of the building's full amenities which include a theatre, gym, pool, hot tub, sauna, cabanas, amenities room and more! With quick access to Walmart, T&T, Surrey Central Mall, schools, recreation, and much more! This home also includes 1 parking spot and 1 storage locker. Don't miss out on this incredible opportunity - call now to schedule a viewing! (id:48205)

1 Bedroom 1 Bathroom 462 sqft
For sale
$448,000
105 13931 FRASER HIGHWAY, surrey, British Columbia

105 13931 Fraser Highway

Surrey, British Columbia

Welcome to Verve by PORTE Developments. one of the best located buildings in Surrey! Situated just off Fraser HWY & just a short walk to King George Hub & Skytrain Station, this 1 bed home is perfect for investors, first time home-buyers & commuters looking for convenience. Located at the rear of the building, the unit comes with a large patio & rear lane access - perfect for those with dogs! Inside appliances & soft-close cabinetry. You also have a built-in desk, large living room and sliders to the bedroom complete with lots of closet space too! Amenities include a gym w/ lots of equipment, lounge/party room & a guest suite. Rentals & Pets are OK! http://tours.jovirealty.com/?a=kera108 (id:48205)

1 Bedroom 1 Bathroom 553 sqft
For sale
$445,900
309 13728 108TH AVENUE, surrey, British Columbia

309 13728 108th Avenue

Surrey, British Columbia

Welcome to this beautiful 3rd floor corner unit at Quattro 3 built by Tien Sher! A quiet unit with a Juilette balcony overlooking the courtyard. Very central location - walk to Nester's Market, SkyTrain, & all of Surrey City amenities and shopping. Fully equipped gym in building. Suite offers 9ft ceiling, s/s Whirpool appliances, granite c/tops and Samsung washer/dryer. One parking & one storage included. (id:48205)

1 Bedroom 1 Bathroom 569 sqft
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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