Notice: Uninitialized string offset: 19 in /home/natashataylor/public_html/wp-content/plugins/fusion-builder/shortcodes/fusion-table.php on line 119

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.

886 results | Page 18 of 37
12 24 48
Search/Filter Properties


LOADING

For sale
$1,449,000
13833 114 AVENUE, surrey, British Columbia

13833 114 Avenue

Surrey, British Columbia

RANCHER WITH WALK OUT BASEMENT IN popular BOLIVAR HEIGHTS !!! This stunning 6 bedroom 4 bathroom home offers bright open floor plan with numerous updates. California shutters, refinished hardwood, nice kitchen, custom built shelving. Main floor offers lots of light with large windows looking onto private 8957sq ft. lot. Downstairs offers numerous updates with lots of space and light. Located on very quiet street. very close to elementary school. (id:48205)

6 Bedroom 4 Bathroom 2264
For sale
$1,448,000
11216 143A STREET, surrey, British Columbia

11216 143a Street

Surrey, British Columbia

Attention First Time Home Buyer Builder Developer this 10,200 square feet lot with appx. 78' frontage Potential to build duplex. This two story 2 bedroom house with extra large family room and spacious back yard for your summer party. Close to Invergarry Park, Guildford Town Centre, Central City, walking Distance to schools. Community Centre and Buses nearby. Quiet neighborhood of Bolivar Heights. Has Potential for 2-bedroom suit in unfinished basement. (id:48205)

3 Bedroom 1 Bathroom 2087 sqft
For sale
$1,438,800
9176 APPLEHILL CRESCENT, surrey, British Columbia

9176 Applehill Crescent

Surrey, British Columbia

Introducing this amazing 2-Story House situated on a peaceful residential street, conveniently positioned near schools and public transportation. The main floor offers a generously-sized living room, a well-appointed dining room, and an ample kitchen with an accompanying eating area. Additionally, this floor includes three spacious bedrooms, including a Master bedroom with a private ensuite, complemented by a common washroom. Descending to the lower level, you'll find a capacious Recroom and an adjoining other room, a full washroom, a designated laundry area and an oversized attached double garage. Downstairs has potential for in-law suite. Outside, you'll find a Large sundeck, and a private backyard, perfect for outdoor activities. (id:48205)

3 Bedroom 3 Bathroom 1820
For sale
$1,435,000
9965 117 STREET, surrey, British Columbia

9965 117 Street

Surrey, British Columbia

Step into the exquisite 5-bedroom Royal Heights home. Boasting 3300 sqft of space on a generous 10,060 sqft lot, it exudes elegance & comfort with detached double garage. Take in breathtaking views from 2 expansive balconies, showcasing the beauty of New Westminster and mountains. Tucked away on a peaceful cul-de-sac, yet close to Skytrain, Hwy 17 and the Alex Fraser Bridge. Cozy fireplaces in the living and family room, a solarium, and the master bedroom with its own fireplace and ensuite bathroom create an atmosphere of pure indulgence. The basement features a 1 bedroom ensuite with a separate entrance, laminate floors, tile, marble accents. Basement (Mortgage helper) not authorized suite $1500/month. Measurement were done by Van3D, is approx, Buyer and Buyers agent to verify. (id:48205)

5 Bedroom 4 Bathroom 3300 sqft
For sale
$1,435,000
16118 79 AVENUE, surrey, British Columbia

16118 79 Avenue

Surrey, British Columbia

Welcome to your new home in the highly sought after Hazelwood Hills! This great 2 story home boasts over 2100 sq/ft of living space on a 7100 sq/ft lot that backs on to green space. Attentions downsizers, there are 4 bedrooms and 3 full bathrooms including 2 large primary bedrooms with one of them on the main floor! This spectacular location is close to great schools, great shopping and restaurants as well as Surrey Leisure center and juat a block away from Fleetwood Park and everything it has to offer. (id:48205)

4 Bedroom 3 Bathroom 2138 sqft
For sale Open House
$1,425,000
13414 113 AVENUE, surrey, British Columbia

13414 113 Avenue

Surrey, British Columbia

Introducing a beautiful Bolivar Heights home with 4 bedrooms and 3 bathrooms, offering potential for a secondary unit. This well-maintained, long-term owner home boasts stunning Fraser River and mountain views. The main level features three bedrooms with new carpet, while the lower level includes a fourth bedroom and an entertainment room. Key updates include a new roof in 2019, new windows in 2021, and a newer hot water tank. The 7,183 sqft lot offers excellent potential for future development. Conveniently located minutes from downtown Surrey, Hwy 17, Pattullo Bridge, SkyTrain, and bus routes. Open house: Sunday, June 23, 2-4. (id:48205)

4 Bedroom 3 Bathroom 1988 sqft
For sale
$1,425,000
12229 99 AVENUE, surrey, British Columbia

12229 99 Avenue

Surrey, British Columbia

Are you prepared to turn your dream home into a reality? Here is a desirable lot in heart of Surrey.The current house is not livable, land value only & being sold as-is.Plans are ready for a three-story, over 6000 sqft home.This property has a back lane as well a perfect lot for potentially to build a coach home or laneway home perhaps under the new rule in starting in June.All further potential must be verified by the buyer. (id:48205)

5 Bedroom 2 Bathroom 2452 sqft
For sale
$1,415,000
8890 139A STREET, surrey, British Columbia

8890 139a Street

Surrey, British Columbia

Location! Location! Location! Amazing central Surrey Location. Conveniently located close all amenities, walking distance to Sikh Temple, Hindu Temple, Schools and transit. Close to Surrey Memorial Hospital, Jim Pattison Medical Centre, and SFU. Great investment potential! Current bungalow is 3 bed 1 bath, with a large 2 bay garage and workshop with washroom. Back yard has lots of space, with a deck and green space. 7603 Sq. Ft Lot offers fantastic development potential for redevelopment. Call today for a showing! (id:48205)

3 Bedroom 2 Bathroom 1092
For sale
$1,400,000
11299 150 STREET, surrey, British Columbia

11299 150 Street

Surrey, British Columbia

Check out this great family home with a bonus mortgage helper! Nestled on a huge 9,400sqft lot across from a treed park, this home boasts two sheds/garages and a carport that could easily be transformed into another garage. Step inside to admire stunning original hardwood floors and an updated kitchen with newer appliances. Upstairs, 3 bedrooms await, while downstairs has a separate entrance to a suite with a spacious kitchen, a bedroom, a den, and the potential for a second bedroom. No need to break a sweat this summer - a cool heat pump is on standby. Venture outside to discover a hot tub, a firepit, covered patios, and sun-soaked decks. And there's plenty of parking space for boats, trailers, or campers! (id:48205)

4 Bedroom 2 Bathroom 2122 sqft
For sale
$1,400,000
12720 114B AVENUE, surrey, British Columbia

12720 114b Avenue

Surrey, British Columbia

This 2 bedroom rancher is situated on a quiet street between Bridgeview park, playground & waterpark and Bridgeview community center. Centrally located, this property is half a block to an Elementary school and a short walk to transit and Skytrain. The property needs structural repairs on foundation, flooring and perimeter sill plates. Home has a newer roof and brand new hot water tank. Contact the city of Surrey for information on development potential. (id:48205)

2 Bedroom 1 Bathroom 790
For sale
$1,399,999
9170 125 STREET, surrey, British Columbia

9170 125 Street

Surrey, British Columbia

Investors and Builders alert! A well maintained beautiful home in the desirable neighborhood of Queen Mary Park, Surrey on approximately 7199 square feet. This home offers a large backyard with a driveway for 6 cars parking in the front, quiet and wide street. Upgraded Hot water tank (2019),Furnace (2017), Flooring (2018). The property is close to bus stops, shopping centers, grocery stores, and schools, providing both growth and convenience. Hold onto this gem now! Offers as they come. Book your showing today! Open House: 22nd June, Saturday- 1pm to 3pm, 23rd June, Sunday- 1pm to 3pm. (id:48205)

4 Bedroom 3 Bathroom 1921 sqft
For sale
$1,399,999
14522 92 AVENUE, surrey, British Columbia

14522 92 Avenue

Surrey, British Columbia

IDEAL RETIREMENT RANCHER- across from Green Timbers Reserve. Solid and well kept with 3 bedrooms, 2 bath, plus flex/office room 1,674 sqft. South-facing backyard w/ patio for fun family time in the sun. Perfect starter home or rent out. This property provides a wonderful opportunity to build a new custom home. Centrally Located, Close to Shopping, Schools, Surrey Memorial Hospital, Jim Pattison Medical Centre, SFU. and the upcoming Skytrain station so commuting is effortless. (id:48205)

3 Bedroom 2 Bathroom 1674 sqft
For sale
$1,399,999
14023 114 AVENUE, surrey, British Columbia

14023 114 Avenue

Surrey, British Columbia

Discover an exceptional investment opportunity in the heart of Bolivar Heights, North Surrey. This meticulously maintained rancher offers 3 bedrooms and 3 bathrooms. The property features a newer metal roof and a fully insulated attic for durability and energy efficiency. Set on a 7,331 sq ft lot, it offers ample green space and privacy, with gated access for added security. Conveniently near the South Fraser Perimeter Road and Highway 1, commuting is easy. Families will appreciate the proximity to schools and parks. With peekaboo views, three-quarter-inch maple hardwood floors throughout, maple laminate in bedrooms and hallway, and soft-close IKEA kitchen cabinets, this charming rancher is a lucrative investment. Open House SUN June 16th (2:00-4:00pm). (id:48205)

3 Bedroom 3 Bathroom 1204 sqft
For sale
$1,399,900
12712 98 AVENUE, surrey, British Columbia

12712 98 Avenue

Surrey, British Columbia

INVESTOR ALERT! This split entry home sits on a beautiful 8,587 sqft lot on a quiet no thru street in Cedar Hills. The 62x138 lot has southern exposure in private fenced backyard. The home A frame style split entry home features approximately 1,900 sqft of living area with 3 bedrooms on the main, a nice sized living room with natural gas fireplace and a oversized fully covered sundeck overlooking backyard. Basement features a den (could be 4th bedroom) and a large recroom with bar setup. Single garage ample parking including side RV Parking. This home is ready for your ideas or a great building lot for your new dream home. (id:48205)

3 Bedroom 2 Bathroom 1939 sqft
For sale
$1,399,880
11132 148 STREET, surrey, British Columbia

11132 148 Street

Surrey, British Columbia

Incredible investment opportunity with future development opportunity with urban designation which supports 15 units per acre for future land assembly. Features include 5 bedrooms, 2 baths, 2 kitchens, basement entry home located in desirable Bolivar Heights neighborhood. The desirable property features front and rear lane access. "The URBAN designation is intended to support low and medium density residential neighborhoods. Residential uses within this designation may include a range of forms such as detached and semi-detached houses as well as ground-oriented attached housing including townhouses and row houses." Opportunity is knocking. Call today! (id:48205)

5 Bedroom 2 Bathroom 1912 sqft
For sale Open House
$1,399,800
14330 MELROSE DRIVE, surrey, British Columbia

14330 Melrose Drive

Surrey, British Columbia

LIVE OR RENT NOW and BUILD LATER! Well maintained and updated property, perfect for a LARGE, extended family on a QUIET street with LANE ACCESS. This home features TWO separate LIVING AREAS that can easily be converted into a SUITE (3 bed up, 2 bed down). The main floor features a spacious kitchen/living area with NEWER APPLIANCES, LAMINATE FLOORING, and POT LIGHTS, and 2 bedrooms as well as COVERED PATIO. Upstairs you will find HUGE LIVING ROOM, a large DINING ROOM and KITCHEN with rough-in for SECOND LAUNDRY, 3 good sized bedrooms, and a MASSIVE 299 SqFt COVERED DECK! Upgrades include: WINDOWS (2020), ROOF (2017), bathroom VANITIES (2020), EXTERIOR PAINT (2020), and 3 storage OUTBUILDINGS. Fantastic RENTAL POTENTIAL! Don't miss this opportunity!!! (id:48205)

5 Bedroom 2 Bathroom 2135 sqft
For sale
$1,399,800
10207 124A STREET, surrey, British Columbia

10207 124a Street

Surrey, British Columbia

Nestled in serene St. Helens Park, this spacious 6-bed, 2-bath home boasts a quiet neighbourhood setting yet offers easy access to Surrey's vibrant downtown. Sitting on a sprawling 9000+ sqft corner lot, enjoy stunning views of mountains, city lights, and the Fraser River. Ideal for families, it's a mere 10-min stroll to the nearby elementary school and a quick 5-min drive to the high school. The basement suite provides flexibility for a mortgage helper or in-law accommodation, adding to the versatility of this charming property. The expansive yard offers endless possibilities for outdoor activities. With its convenient location and versatile layout, this property is for everyone! OPEN HOUSE June 1/2 2-4 PM! (id:48205)

6 Bedroom 2 Bathroom 2500 sqft
For sale
$1,399,000
9525 125A STREET, surrey, British Columbia

9525 125a Street

Surrey, British Columbia

QUEEN MARY HOME WITH 2 MORTGAGE HELPER SUITES- perfect for FIRST TIME BUYER OR INVESTOR. This 6 Bedroom 5 bathrooms house sits on 7813 sqft lot, very well kept, and renovated a few years ago. Main floor features 4 bedroom and 3 bathroom along with huge living also dining area & kitchen. Spacious basement- 2 mortgager helper suites (1+1 bedroom). Huge lot fully private and fenced, perfect for your summer parties. This home is ideally situated near schools Senator Reid Elementary & L. A. Matheson Secondary, parks, shopping, and transit. Don't miss out on this exceptional opportunity to live in the most sought after neighborhood of Surrey. (id:48205)

6 Bedroom 5 Bathroom 2584 sqft
For sale
$1,399,000
12422 96A AVENUE, surrey, British Columbia

12422 96a Avenue

Surrey, British Columbia

Attention Builders. Fabulous flat 7200 sq. ft building lot in Cedar Hills. This home is located in a perfect location with only a few minutes walk across the street to Cedar Hills Elementary. Easy access to, shopping, transit and easy access to major routes and highway. Big bonus, lane access. (id:48205)

3 Bedroom 1 Bathroom 1100 sqft
For sale
$1,399,000
9965 160 STREET, surrey, British Columbia

9965 160 Street

Surrey, British Columbia

Welcome to your dream home in the coveted Fleetwood neighborhood! This spacious property boasts a generous 6593 sq.ft. lot,This home faces East and West so you have plenty of natural lighting everyday. With 6 bedrooms and 4 full baths, there's ample space for the whole family. Plus, enjoy the added benefit of a 2 or 3-bedroom legal suite, perfect for supplemental income. This home has been well maintained through out. Step outside onto the expansive 400 sq.ft. sundeck, overlooking the detached garage and rear lane access. Conveniently located just minutes away from T&T, malls, recreational facilities, theaters, schools, and parks, with easy access to Highway 1 and transit options. Don't miss this opportunity! Book your showing today! (id:48205)

6 Bedroom 4 Bathroom 2842 sqft
For sale
$1,399,000
11506 BAILEY CRESCENT, surrey, British Columbia

11506 Bailey Crescent

Surrey, British Columbia

Welcome to this charming two storey home situated on a 7258 SF lot in North Surrey. This fantastic property has endless opportunities with 3 bedrooms up and 2 below, it is perfect for a growing family. Located on a quiet, private street with tons of parking and close to all main highways. Walking distance to all necessities including shops, restaurants, banks and transit. School catchments include: Royal Heights Elementary School and L.A. Matheson Secondary School. Perfect for investors and first time buyers. Schedule your appointment today! (id:48205)

5 Bedroom 4 Bathroom 2723 sqft
For sale
$1,399,000
13389 CRESTVIEW DRIVE, surrey, British Columbia

13389 Crestview Drive

Surrey, British Columbia

First time buyer or investor alert. This two level home features the living area and three bedrooms upstairs with an authorized two bedroom suite with separate laundry at lower level tenanted for $1500 monthly. Approximately 6 cars can be parked in the driveway and a huge backyard with a storage shed. Located just steps away from Bolivar Park, Playground, Trails, Off Leash Dog Park. Very nice family community, this will not last long. Please call for more information. (id:48205)

5 Bedroom 2 Bathroom 2140 sqft
For sale
$1,399,000
7874 167 STREET, surrey, British Columbia

7874 167 Street

Surrey, British Columbia

This 3 level split with 3 bdrms & 3 bathrms + den is situated in a quiet family cul-de-sac location! Floorplan features a separate living room & family room both w/fireplaces & a spacious dining room. The kitchen has been nicely finished w/stainless steel appliances, has an island for added storage space & an additional eating area. Sliding doors in the family room open up to the fully fenced backyard where you can enjoy your parklike setting w/plenty of greenspace & a cobblestone pathway linking the 2 decks. The Hot Tub & Tetherball Pole make it a great place for family gatherings. There is also rear yard access and a storage shed. All of this centrally located close to both an Elementary & High School. (id:48205)

3 Bedroom 3 Bathroom 2147 sqft
For sale
$1,399,000
9276 134A STREET, surrey, British Columbia

9276 134a Street

Surrey, British Columbia

PRIME 8000sqft Building lot in Cedar Hills Area on Dead End Street. Walking Distance to Surrey Memorial and all that Surrey Central has to offer! Back lane access and right next to Queen Elizabeth Secondary and Queen Elizabeth Meadows Park. A very rare opportunity as they don't come up in this neighbourhood often! (id:48205)

3 Bedroom 3 Bathroom 1994 sqft
Your Favourites

 

No Favourites Found

 

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