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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
$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! OPEN HOUSE SUNDAY JUNE 23RD FROM 1:00PM-4:00PM. (id:48205)

5 Bedroom 4 Bathroom 2723 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
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
For sale
$1,399,000
9582 155A STREET, surrey, British Columbia

9582 155a Street

Surrey, British Columbia

Well priced convenient located property. 6 bedrooms 3 kitchen 5 bathrooms for both owner and mortgage helpers. Property is in a nice cul-de-sac with a private fenced yard. Shopping Mall nearby, easy access to HWY 1, walking distance to elementary and high schools. (id:48205)

6 Bedroom 5 Bathroom 2331 sqft
For sale
$1,399,000
12623 N HAMPTON BOULEVARD, surrey, British Columbia

12623 N Hampton Boulevard

Surrey, British Columbia

Lovely single home located in a quiet community just minutes away from School and Park. This corner unit sits on a larger lot and offers 3 different exposures with lots of windows. The living includes a gas fireplace, good size dining room, open kitchen layout with eating area adjacent to the family room. Upstairs the Master Bedroom has vaulted ceiling plus walk-in close. Down below is the fully finished basement complete with 2 BEDROOM SUIT, shared laundry and a separate entry use as a mortgage helper! Water is included in strata, so no bill. Room to park 4 cars on property and plenty of street parking, Extremely short walk to Tamanawis Secondary, Kwantlen Polytechnic University.***OPEN HOUSE MARCH 23 & 24 2:00 PM TO 4:00 PM*** (id:48205)

5 Bedroom 4 Bathroom 2555 sqft
For sale
$1,398,800
9296 149A STREET, surrey, British Columbia

9296 149a Street

Surrey, British Columbia

2 Story home that backs onto Barry Mathers park in a beautiful residential neighborhood. Part of the new Fleetwood plan for Surrey, steps to Green Timbers park and close to the new proposed skytrain station at 152nd street. Single carport with room for tandem parking or street parking. A huge backyard with a sundeck to enjoy the yard from. Upstairs has a traditional 3 bedroom layout with a 3 piece ensuite in the master bedroom. Downstairs has a 2 piece bath and full recreation room. Fireplace up and down. There is a separate entry to the basement from the carport. Super opportunity to update some elements of this home to your taste, or hold and build in a few years. Open Saturday June 22nd from 2-4:00 or by appointment for viewings. (id:48205)

3 Bedroom 3 Bathroom 1956 sqft
For sale
$1,398,000
10179 159A STREET, surrey, British Columbia

10179 159a Street

Surrey, British Columbia

Located in a quiet cul de sac near the Guildford neighbourhood, this lot has got a huge potential! Spacious featuring 4-level split floor arrangement, with a separate entry into the basement level. Minutes away from Guildford Town Centre, shops, restaurants, parks. (id:48205)

4 Bedroom 3 Bathroom 2131 sqft
For sale
$1,389,000
86 17033 FRASER HIGHWAY, surrey, British Columbia

86 17033 Fraser Highway

Surrey, British Columbia

LUXURY lifestyle, Liberty in Fleetwood! It is a masterpiece of modern architecture where spaciousness meets privacy. One of the best CORNER unit. 4 bdrms + 4 Bathrms home with over 2400 sq ft! Walk out fenced backyard with no neighbors behind and 19 foot ceilings with big windows & lots of updates. side by side garage, 3 level club house. A potential Nanny suite on ground level. Maintained like new. Walking distance to parks, schools, shopping & the future Skytrain station. Must See! OPEN HOUSE JUNE 16, 3PM - 5PM (id:48205)

4 Bedroom 4 Bathroom 2416 sqft
For sale
$1,389,000
10327 127 STREET, surrey, British Columbia

10327 127 Street

Surrey, British Columbia

Incredible Located in the fast growing Central Surrey Area, 5 mins to SFU, KPU, Central City Mall, Restaurants, Bank and Schools, this rare to find 8606sf big lot house has 3bedrooms + 1 bathroom on main floor and newly renovated 2 bedrooms +1 bathroom in the basement with separate entrance. When morning sunshine wakes you up, you can start a pleasant day by enjoying a lovely coffee on your big covered sundeck. Huge backyard offers all kinds of possibilities for your family gatherings, kids playing, gardening etc. Or you can build your dream house with BC's new bylaw density plan. Great school catchment: Prince Charles Elementary & L.A. Matheson Secondary and a mortgage helper! Open House: Sun. May 12th, 2:00--4:00pm. (id:48205)

5 Bedroom 2 Bathroom 2202
For sale
$1,379,000
16273 78A AVENUE, surrey, British Columbia

16273 78a Avenue

Surrey, British Columbia

Prestigious Hazelwood Grove Rancher over 1655 sq. feet. This updated home is situated on a 7492 sq ft large quiet corner lot in a cul de sac. Tasteful reno done through out, new flooring new kitchen with Quarts countertop Pot Lights, furnace, Windows, roof and New Bathrooms. Enjoy the large master bedroom with huge walk-in closet and 4 pce ensuite. Perfect Rancher with RF zoning for future development, Dont miss out! (id:48205)

2 Bedroom 2 Bathroom 1655 sqft
For sale
$1,375,000
11417 ROYAL CRESCENT, surrey, British Columbia

11417 Royal Crescent

Surrey, British Columbia

Welcome to this incredibly well kept Rancher w/ basement home, tucked away on a quiet culdesac in Royal Heights with spectacular views of the mountains, New West and the Fraser River! Pride of ownership shows throughout this remarkably well kept and well laid out home. Featuring vaulted ceilings, sunken living room, functional kitchen and eating area, 3 bedrooms on the main and a huge bright, unfinished basement with separate entry and a double car garage with room to park another 4 vehicles. Private fully fenced yard. Newer roof and furnace. Endless opportunities so bring your ideas or even build your own new "view" home. Walking distance to schools and close to shopping, transit and all amenities. Very central with easy highway access. (id:48205)

3 Bedroom 2 Bathroom 3020 sqft
For sale
$1,375,000
14834 88A AVENUE, surrey, British Columbia

14834 88a Avenue

Surrey, British Columbia

Welcome to this quiet and peaceful neighborhood in the heart of Surrey. The first time homebuyers or investors will appreciate what this home has to offer. 4 generous bedrooms , flat lot with no trees and private yard, front garden , potential RV parking , updated bathrooms, windows done 2011, deck 2022, roof 2018, furnace 2011. The Maple Green park is steps away, so is Jubilee Montessori house and Green Timbers Elementary School. The Enver Creek Secondary is 5 minutes drive away. The close proximity to the new Skytrain station might add value in the future. OPEN HOUSE SAT JUN 1ST AND SUN JUN 2ND FROM 2 TO 4 PM (id:48205)

4 Bedroom 3 Bathroom 1917 sqft
For sale Open House
$1,370,000
12624 GROVE CRESCENT, surrey, British Columbia

12624 Grove Crescent

Surrey, British Columbia

Amazing opportunity for investors/builders or 1st time home buyers. Perfect for long term investment with high rental potential. Huge 7000sqft LOT with 2227sqft house with a large backyard and separate double garage. Main floor host 3BR and 1 full bath. Separate entrance to Bsmt which has 3BR with 1 full bath. Owner has been regularly updating and the home features a large kitchen with bay windows, quartz countertops, hardwood floors, updated bathrooms, thermal windows. Prince Charles Elementary & L.A. Matheson Secondary school catchments, and a short walk to Robson Park. Sellers are highly motivated for a quick sale. (id:48205)

6 Bedroom 2 Bathroom 2227 sqft
For sale Open House
$1,369,999
8982 148 STREET, surrey, British Columbia

8982 148 Street

Surrey, British Columbia

Charming historic home on expansive 7000+ sq ft lot. This fully fenced property with a 5-bed + Den and 2-bath residence boasts character and potential. 3 bedrooms + den on the main floor with a 2 bedroom LEGAL suite downstairs makes it a great mortgage helper. With its spacious layout and ample outdoor space, it's perfect for first time home buyers, investment or renovation enthusiasts. A blend of history and opportunity awaits in this unique property. Home centrally positioned, near bus stops, shopping, and schools. Adjacent to the forthcoming SkyTrain line and within the Fleetwood development plan area. With the new City of Surrey zoning plans you will be able to build up to 6 units on this property. Book a viewing today to grab this opportunity! OPEN HOUSE SUN (30 JUN) - 2:00-4:00 PM (id:48205)

5 Bedroom 2 Bathroom 2466 sqft
For sale
$1,359,999
9558 125A STREET, surrey, British Columbia

9558 125a Street

Surrey, British Columbia

Basement entry home on quiet family oriented cul-de-sec. Features : Living room, dining room , Kitchen, 3 bedroom , 2 bathroom on main floor , 2 bedroom unauthorized basement suite.Open house cancelled (id:48205)

5 Bedroom 3 Bathroom 2786 sqft
For sale
$1,350,000
14936 KEW DRIVE, surrey, British Columbia

14936 Kew Drive

Surrey, British Columbia

Situated in the well-known neighborhood of Birdland. The home features 3 bedrooms on the main floor with the potential for additional rooms in the basement. The huge lot consists of a fenced yard with balcony and cherry tree in the front. The neighborhood is quiet with various parks and greenbelts nearby. Easy access to Highway 1 and shopping and recreation at Guildford Town Centre. (id:48205)

5 Bedroom 2 Bathroom 2204 sqft
For sale
$1,350,000
14524 WELLINGTON DRIVE, surrey, British Columbia

14524 Wellington Drive

Surrey, British Columbia

Prime CORNER LOT, available for the first time in over 25 years! Nestled in a tranquil neighborhood, this spacious 8,631 SQFT lot is surrounded by mature trees and situated right next to Invergarry Park, offering a serene setting while being conveniently close to amenities and public transit. This is the perfect development lot for families looking to build their dream home in a community-oriented area. Bolivar Heights is known for its safe, spacious streets where children can play freely. Key local amenities include Guildford Mall, Library, and Rec Center, all just a short distance away. The area also boasts numerous parks, schools, and recreational facilities, making it ideal for families and individuals alike. With easy access to Highway 1, Bolivar Heights is a thriving development area experiencing significant growth and transformation. This lot presents an exceptional investment opportunity waiting for the right vision! Don't miss out on the chance to join this vibrant and evolving community. (id:48205)

6 Bedroom 3 Bathroom 2900 sqft
For sale
$1,350,000
12646 113 AVENUE, surrey, British Columbia

12646 113 Avenue

Surrey, British Columbia

NVESTORS and FIRST TIME HOME BUYERS ALERT! 2 Bedroom, 1 Bathroom Bungalow located in Central Bridgeview near all major cross roots in the area and only 5 minute walk to Scott Road station! Good floor plan layout with detached single car garage, fenced back yard and cozy front porch. Master bedroom, additional bedroom and 3 piece bathroom. Brand new windows and roof has also been updated about 5 years ago. Move in, rent out or add on to make your dream home. This home is a perfect investment or building property with great future development potential. Don't wait, call today and make this your new home! (id:48205)

2 Bedroom 2 Bathroom 1050 sqft
For sale
$1,349,900
6631 192A STREET, surrey, British Columbia

6631 192a Street

Surrey, British Columbia

Introducing a well-built 2-storey plus basement home by reputable MBM Developments in Cloverdale's family-friendly Clayton neighborhood. Enjoy bright and spacious freshly painted interiors with a traditional floorplan including a living room, dining area & family room with gas fireplace on the main floor. The kitchen boasts plenty of cabinets, granite countertops & SS appliances, opening to a large fully covered & private deck, perfect for gatherings year-round. Upstairs, discover 3 spacious bedrooms plus a den/office. The basement features 4th bedroom and ample unfinished space with a separate entry, ready for your ideas. With a double car detached garage in the back with lane access, this home offers both convenience and tranquility on a quiet street close to transit, shopping & schools. (id:48205)

4 Bedroom 3 Bathroom 2526
For sale
$1,349,777
11070 WREN CRESCENT, surrey, British Columbia

11070 Wren Crescent

Surrey, British Columbia

Well maintained Nice clean 3 bed & Den, RANCHER. Perfect for someone who doesn't want to deal with stairs. Enjoy the cozy gas fireplace in the Large living room. Lots of light comes through the large windows. Updated windows, blinds, paint, roof, and furnace. Hardwood flooring throughout Detached 19x 23.5 sf garage plus 26'6x 16'7 carport. Lost of parking. Flat Rectangular lot with wide frontage of 66 sq. ft. in the most desirable up and coming area of popular Birdland. Large fenced backyard. Close to all the amenities. shopping, restaurants, good schools, Riverdale Elementary School, Guildford Park Secondary, transit and Hwy 1. Lots of New homes are being built on this peaceful street. Easy to Show! (id:48205)

3 Bedroom 1 Bathroom 1239
For sale
$1,349,000
15468 91ST AVENUE, surrey, British Columbia

15468 91st Avenue

Surrey, British Columbia

Location Location Location ...Welcome to the beautifully and well maintained home located in the heart of Fleetwood area close to potential sky train station . 2 storey 3 bedroom and 2.5bath,This home feature updated kitchen Cabinet and quartz counter top, newer stainless appliances ,open layout living and dinning room with laminated flooring, upgrade bath room ,Huge master bedroom with ensuite and good size bedroom ,double garage side by side plus two additional open parking, Close to all amenities ,woodland park and elementary school and Berkshires park and elementary ,Surrey Christian School, shopping center and public transportation. Book now for private viewing... (id:48205)

3 Bedroom 3 Bathroom 1790 sqft
For sale
$1,349,000
9221 125 STREET, surrey, British Columbia

9221 125 Street

Surrey, British Columbia

Builders, developers and investors alert 6600 lot in highly desired Queen Mary park area. Lots of potential after June, 2024 to build 3-4 units. Almost 6600 lot. City will have details by end of June. This is your chance to buy this most affordable home for your family. This home gives you many options to make money or build from dream house in the most desirable Queen Mary area. Close to both levels of school (Elementary and secondary) 7 year old roof, 56 year old hot-water tank, floor and paint. (id:48205)

6 Bedroom 2 Bathroom 1954 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