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.

364 results | Page 2 of 16
12 24 48
Search/Filter Properties


LOADING

For sale
$765,000
1208 13428 105 AVENUE, surrey, British Columbia

1208 13428 105 Avenue

Surrey, British Columbia

Brand NEW! Just completed! GST paid! 2 bed/2 bath corner unit w/lots of natural lights & comes with one parking & a storage locker. University District by Bluesky Properties - a master planned community in the central location of Surrey City Centre. Located a few steps away from Surrey Central Skytrain, University District is situated walking distance from two post-secondary institutions, SFU Surrey and Kwantlen Polytechnic University. W/numerous parks and Chunk Bailey Rec. Centre close by, UD also offers some of the best private amenities Surrey has to offer: a 23,000 sf building which includes an outdoor heated swimming pool, yoga studio, study rooms, kids play room, fitness center, spin room, concierge and large entertainment lounges to enjoy with friends and family. All home include air conditioning via a hybrid heat pump system. (id:48205)

2 Bedroom 2 Bathroom 797
For sale
$753,000
2710 9887 WHALLEY BOULEVARD, surrey, British Columbia

2710 9887 Whalley Boulevard

Surrey, British Columbia

Welcome to PARD BOULEVARD by Concord Pacific in Surrey Central! Spacious open plan layout with modern kitchen, 2bdrms and 2 full bthrms. The unit comes with Central A/C with high energy heat pump, BOSCH appliances and quartz counters. Bright windows and balcony showing fabulous 270 degree mountain and city view. Facing SE with plenty of sunlight. Fantastic amenities include 24/7 concierge, indoor swimming pool, hot tub, sauna/steam room, business centre, party room, fitness centre, badminton court, Dog walk area, Outdoor Patio/BBQ Area, Garden Lounge etc.. 1 EV charging Parking & 1 Storage. Walking distance to Central City Shopping Center, Park, King George Skytrain station, SFU, KPU, and future UBC Surrey Campus. (id:48205)

2 Bedroom 2 Bathroom 828
For sale Open House
$749,900
3307 13308 CENTRAL AVENUE, surrey, British Columbia

3307 13308 Central Avenue

Surrey, British Columbia

Executive-level living awaits in this NE Corner 2-bedroom plus den, 2-bathroom suite with BREATHTAKING VIEWS on the 33rd floor, complete with AIR CONDITIONING for your comfort. This unit includes 2 STORAGE LOCKERS and 2 side-by-side PARKING STALLS, with strata fees covering HEAT, HOT WATER, GAS, and A/C. The master bedroom boasts spacious closets with a full ensuite. The Evolve building offers amenities such as a fully equipped exercise center, a clubhouse, and 24-hour concierge service. Just a few blocks away from Surrey Central Mall, Skytrain, and the new SFU campus, pets and rentals are welcome here. FIRST OPEN HOUSE May 18 & 19(SAT & SUN) 2-4PM! (id:48205)

2 Bedroom 2 Bathroom 995
For sale
$749,900
1009 13387 OLD YALE ROAD, surrey, British Columbia

1009 13387 Old Yale Road

Surrey, British Columbia

Holland Two by Townline Homes offers the perfect blend of location and luxury living! This spacious 2-bed, 2-bath condo on the 10th floor offers a corner unit with abundant light and stunning views. Enjoy a large Balcony overlooking the west view of the city, 1 parking space, and 1 storage locker. Situated near Holland Park and just a short stroll from King George and Surrey Central Skytrain Stations, as well as KPU/SFU Surrey campuses, convenience is at your doorstep. The building itself boasts an impressive array of amenities over 19,000 sq ft of premium amenities, including a rooftop patio, dog wash area, games room, private lounge, guest suite, karaoke, gym,& yoga room. Don't miss out - schedule your viewing today! (id:48205)

2 Bedroom 2 Bathroom 745
For sale
$749,900
3304 10448 UNIVERSITY DRIVE, surrey, British Columbia

3304 10448 University Drive

Surrey, British Columbia

Explore University District South by Bosa.33rd-floor North East Facing with 2 bed, 1 bath with beautiful Mountain and City Views.Unit has Parking, storage, extra visitor parking with Ev charging. The unit features an expansive living/dining area, a chef's kitchen with quartz countertops, and over 23,000 sqft of amenities-fitness rooms, meeting spaces, a children's playground, a rooftop heated pool, and more. Ideally situated near the Skytrain, SFU, UBC (future), KPU and Surrey Central Mall. (id:48205)

2 Bedroom 1 Bathroom 689
For sale
$749,900
E516 13858 108 AVENUE, surrey, British Columbia

E516 13858 108 Avenue

Surrey, British Columbia

Don't miss your chance to own in the beautiful SOLD OUT new development RADLEY near the heart of Surrey City Centre! RADLEY is centrally located near shopping, parks, all levels of schools incl. SFU Surrey & the future UBC Surrey, walking distance to Gateway skytrain station making it a perfect home for a growing family or investor! This corner unit features plenty of windows providing an abundance of natural light, large open concept living space w/ 2 bedrooms + flex (could be used as jr. 3 bedroom) 2 bathrooms. Amenities incl. outdoor courtyard w/ BBQ & lounge, entertainment room, fireside lounge w/ kitchen, co-work space, fitness & yoga studio! *Assignment of contract, be the first to live in this brand new home! $5k decorating allowance from developer. Estimated completion Summer 2024 (id:48205)

2 Bedroom 2 Bathroom 924
For sale
$749,000
404 9887 WHALLEY BOULEVARD, surrey, British Columbia

404 9887 Whalley Boulevard

Surrey, British Columbia

Welcome to PARK BOULEVARD built by famous developer Concord Pacific in Surrey Central .Corner 2 bedroom 2 bath plus study .The spacious beautifully designed unit comes with high ceiling, stainless steel Bosch appliances, quartz counters, custom cabinets, Bright windows and huge balcony for outdoor entertaining. Fantastic amenities include 24/7 concierge ,indoor swimming pool, hot tub, sauna/steam room, business centre, party room, fitness centre, badminton court, Dog walk area, Outdoor Patio/BBQ Area, Garden Lounge etc. Walking distance to Central City Shopping Center, Park, King George Skytrain station ,SFU, KPU future UBC. Do not miss on this one. (id:48205)

2 Bedroom 2 Bathroom 828
For sale
$749,000
2507 13359 OLD YALE ROAD, surrey, British Columbia

2507 13359 Old Yale Road

Surrey, British Columbia

Welcome to this luxury PENTHOUSE CORNER UNIT in the desirable "Holland" building boasting nearly 780 square feet and has panoramic views of the city, mountains and ocean. This home is complete with top end luxuries including Air Conditioning, high end stainless steel appliances (natural gas range), tile backsplash, designer flooring, custom modern cabinetry, over height windows and in suite laundry. 2 large bedrooms and 2 spa like bathrooms. Large covered deck with million dollar views! Fantastic location close to transit, shopping, SFU and great restaurants. Amazing amenities in building include state of the art gym, rec room, pool table and extra kitchen/meeting room. Please see full pictures and virtual tours to truly appreciate this great home! EASY TO SHOW! (id:48205)

2 Bedroom 2 Bathroom 737
For sale
$749,000
2802 13685 102 AVENUE, surrey, British Columbia

2802 13685 102 Avenue

Surrey, British Columbia

Two bedrooms, one full bathroom, 678 square feet ,strata fee $519.00 per month, storage, one parking, rented $2300 per month, (id:48205)

2 Bedroom 1 Bathroom 678
For sale
$749,000
301 13858 103 AVENUE, surrey, British Columbia

301 13858 103 Avenue

Surrey, British Columbia

ASSIGNMENT OF CONTRACT Introducing Radley: A contemporary condominium development by West Fraser Developments in Surrey's Gateway district. Located at 108 Avenue & 138 Street. Embrace a lifestyle of convenience with a short walk to Forsyth Road Elementary School, Whalley Athletic Field, and Chuck Bailey Recreation Centre. Proximity to Kwantlen Polytechnic, SFU, and Gateway Station ensures excellent connectivity. Radley boasts thoughtfully designed indoor and outdoor amenities, including fitness and recreation rooms, a communal kitchen, and a courtyard. Enjoy the car-free advantage with an 8-minute walk to Gateway Station and a 5-minute drive to Guildford Town Centre shopping. The development showcases a greenway between buildings with landscaped patios, offering a serene escape. With Radley, stay ahead of the curve in a modern living space that combines accessibility, recreation, and the vibrant Surrey lifestyle. (id:48205)

2 Bedroom 2 Bathroom 842
For sale Open House
$746,000
3106 13495 CENTRAL AVENUE, surrey, British Columbia

3106 13495 Central Avenue

Surrey, British Columbia

Luxurious 2 BED + 2 BATH CORNER UNIT on the 31st floor of the prestigious 3 Civic Plaza. A well-appointed home that offers the height of modern elegance and urban living. Over height ceilings and floor-to-ceiling windows allow you to enjoy the daily unobstructed 180 degree city, mountain and river views only paralleled by breathtaking sunsets and the evening lights of Surrey's downtown core. This over 1,000 sq ft condo includes a covered balcony, S/S Appliances, Quartz Counters and a modern kitchen with European-style cabinets. Restaurant & Café conveniently located in the foyer with 24 hour concierge & security. Steps to Surrey Central SkyTrain, shopping and recreation. Experience the ultimate in luxury living in this phenomenal corner unit at Civic Plaza. (id:48205)

2 Bedroom 2 Bathroom 1043
For sale
$739,900
4109 13750 100 AVENUE, surrey, British Columbia

4109 13750 100 Avenue

Surrey, British Columbia

SKY COLLECTION OF PARK AVENUE by Concord Pacific. Stunning unobstructed views of mountain, city. Enjoy various views from every room. Bright and spacious 2 bedrooms plus den. Resort like amenities include fully equipped gym, hot tub, outdoor pool, garden, concierge service and so much more. Steps away from King George Station, shopping, T&T, SFU, recreation and restaurants. Move in ready. Bonus 2 parking spots! (id:48205)

2 Bedroom 2 Bathroom 856
For sale
$738,800
1302 10448 UNIVERSITY DRIVE, surrey, British Columbia

1302 10448 University Drive

Surrey, British Columbia

Welcome to University District South by Bosa Properties, a bright corner 2 bed/ 2 bath on the 13th floor with amazing NW city views. It comes with 1 parking and 1 locker, and the building offers visitor parking and EV charging. You'll love the spacious living/dining room, the chef's kitchen with quartz countertops, appliances and an extendable island for dining. Enjoy 23,000+ sqft. of amenities spanning 3 floors, including fitness & yoga rooms, meeting rooms, kids' playground, lounge, rooftop heated outdoor pool, fire pit, BBQ, bike storage, parcel lockers and more. Close to the Skytrain (Surrey Central Station), Simon Fraser University, Kwantlen Polytechnic University, grocery stores, retail and restaurants. Don't miss this chance to own a piece of paradise in North Surrey. (id:48205)

2 Bedroom 2 Bathroom 811
For sale
$730,000
3008 13685 102 AVENUE, surrey, British Columbia

3008 13685 102 Avenue

Surrey, British Columbia

Top Of The World! PENTHOUSE with BREATHTAKING VIEWS offers 2 PARKING side-by-side & a storage. Discover urban living at its finest. Stunning 2 BEDS & 1 BATH CORNER UNIT in the Heart of Surrey Central offers an unbeatable lifestyle, modern living open floorplan masterpiece w/expansive windows that frame city and mountain views from a spacious balcony. High ceilings add a touch of grandeur to every room, creating an atmosphere of airy sophistication. Enjoy the epitome of convenience of Skytrain, SFU, Shopping Centre, restaurants, banks at your doorstep. Elevate your lifestyle with accessibility to a wealth of amenities within the building. Welcome home to the perfect blend of Luxury and LOCATION! Don't miss out on this once-in-a-lifetime opportunity! OPEN Sat April 6, 2-4 PM (id:48205)

2 Bedroom 1 Bathroom 679
For sale
$730,000
E318 13858 108 AVENUE, surrey, British Columbia

E318 13858 108 Avenue

Surrey, British Columbia

Assignment of Contract Sale for this beautiful modern home with 2 bed 2 bath + Den, it is perfect for family! Comes with 1 parking & 1 Bike Storage. Currently under construction and estimated completion in 2024. RADLEY is an icon of confident, high contrast design, walking distance to GATEWAY skytrain station, secondary school, steps to elementary school, parks, shopping center etc. Suitable for a family or an investment opportunity. (id:48205)

2 Bedroom 2 Bathroom 879
For sale
$729,000
1602 13438 CENTRAL AVENUE, surrey, British Columbia

1602 13438 Central Avenue

Surrey, British Columbia

Investors Dream! Beautiful, bright, revenue producing ($2,700 per month) 2 bed 2 bath 16th floor SW corner unit at Prime on the Plaza! Floor to ceiling wrap around windows with AMAZING views, 9 ft ceilings, open concept living with bedrooms at opposite ends for privacy, gorgeous seamless kitchen with stainless steel appliances and quartz counters, AC, custom roller blinds, insuite laundry and storage, 1 parking spot, 1 storage locker, 3 elevators, tons of amenities AND an assumable mortgage available at 2.99% for 3 years! Prime location across from Central City Mall, SFU, Sky Train and more. Showings by appointment - book yours today! (id:48205)

2 Bedroom 2 Bathroom 803
For sale
$719,000
1102 10448 UNIVERSITY DRIVE, surrey, British Columbia

1102 10448 University Drive

Surrey, British Columbia

Do not miss out your opportunity to own 2 Bedrooms & 2 Bathrooms 1 year old condo at the central location in Surrey. Bright, cozy and beautiful living space with amazing view surrounding. Modern kitchen features spacious countertop with extendable dining table and luxury appliances. The work desk in living area is added by the developer (Upgraded). 1 Parking & 1 Storage included. The building has lot of amenities, GYM, yoga rooms, bike room, playground, lounge, club house, etc. Everything needed for your life is around this building, Surrey Central City, Surrey Central skytrain station, Surrey Central Bus Loop, Surrey Memorial Hospital, SFU, shops, banks, restaurants, etc. Come and See the unit. You will be captured by the features of this lovely unit, amenities & location. (id:48205)

2 Bedroom 2 Bathroom 820
For sale Open House
$719,000
3308 13350 CENTRAL AVENUE, surrey, British Columbia

3308 13350 Central Avenue

Surrey, British Columbia

Location, Location, Location. Welcome to Beautiful One Central in Surrey central. First Class amenities include 'The One Club' on the 44th level with 360 views of lower mainland. Gym, indoor/outdoor lounge, yoga space, 2 massive BBQ areas, podium garden BBQ area and dog par, business center, and other facilities spanning multiple levels within the building. This 2 bedroom 2 bath home is on South east best facing with sweeping City views with beautiful coastal mountains views. Vacant now so it is easy to show. Please contact your agent for your private appointments. 1 parking and 1 locker. (id:48205)

2 Bedroom 2 Bathroom 704
For sale
$719,000
2501 10448 UNIVERSITY DRIVE, surrey, British Columbia

2501 10448 University Drive

Surrey, British Columbia

Luxurious apartment complex in the heart of downtown Surrey, with loads of amenities to offer such as state of the art gym, yoga studio, and outdoor event area. They also offer meeting rooms, study area, game room, kids play room, party room, club house, meeting room, study room, out door event area with fire pit and BBQ, and city hall and City Centre library right across the street, West facing unit to enjoy the sunset everyday. (id:48205)

2 Bedroom 1 Bathroom 672
For sale Open House
$717,000
315 13308 CENTRAL AVENUE, surrey, British Columbia

315 13308 Central Avenue

Surrey, British Columbia

Welcome to Evolve. The most sought after building in Surrey! This beautiful 2 bed, 2 bath + den unit is perfect for all homeowners or investors! The perfect layout with bedrooms on opposite sides, walk-in-closet with double sinks in the ensuite. SS appliances, luxury quartz counter tops in kitchen & engineered hardwood floorings throughout. Large windows bringing in natural light and a HUGE balcony for entertaining. Unit comes with parking & storage. Conveniently located minutes away from Surrey Central Skytrain, Central City Mall, SFU, KPU, T&T Supermarket, Walmart, restaurants and more! You do not want to miss this unique layout. Buyer paid extra for additional upgrades in the unit. Also only 8 units in the building with this layout configuration. OPEN HOUSE:April 20/21 SAT/SUN at 3:30pm-5:30pm. (id:48205)

2 Bedroom 2 Bathroom 816
For sale Open House
$715,000
1801 13383 108 AVENUE, surrey, British Columbia

1801 13383 108 Avenue

Surrey, British Columbia

"Welcome to CORNERSTONE" in Surrey Central. Huge 1184 sqft unit w/ 2 bed + 1 office (possible 3rd bedroom) + 1 storage room w/ 2 full baths. Mountain view from every room, bright south-east corner, functional spacious layout w/ floor-to-ceiling windows, Hardwood Oak flooring, & large balcony. Gas & hot-water included! Stay cozy w/ the gas fireplace. Comes with 1 parking & 1 storage. Amazing location - a few footsteps from Skytrain station. The best amenities in the area - a fitness center, hot tub, sauna, theatre, lounge, and pool. Walking distance to shopping, restaurants, recreation, library, parks, and SFU. Perfect unit for a family. Look no further! (id:48205)

3 Bedroom 2 Bathroom 1185
For sale
$699,999
409 10448 UNIVERSITY DRIVE, surrey, British Columbia

409 10448 University Drive

Surrey, British Columbia

Brand New Built by Bosa! University District - South Tower. This 2 bed 2 bath 913sqft South Facing Corner Unit with Huge 114sqft Balcony offers over 1000 sqft of combined space. Incredible views of city centre. This unit has the absolute best layout with bedrooms separated by livingroom. Italian kitchen features a contemporary wood-grain finish with premium appliance package. ExtenTABLE dining and worktable transforms your kitchen island into a large dining area. Equipped with central Air Conditioner heatpump. Includes 1 parking & 1 storage locker. 4 elevators! Resort-style amenities including: Full-Gym, Outdoor Pool, Party Rooms, Bike Pavilion, Games room, kids play area. Close to SkyTrain, SFU, Mall, parks & more. MUST SEE!!! (id:48205)

2 Bedroom 2 Bathroom 913
For sale
$699,900
504 13428 105 AVENUE, surrey, British Columbia

504 13428 105 Avenue

Surrey, British Columbia

Located in one of the fastest growing community among the greater Vancouver area, Unviersity District is proudly presented by the reputable BOSA family's Bluesky Properties. This master planned community is located steps away from Skytrain station, retails and resturants, two post-secondary institutions - SFU Surrey and KPU, and numerous parks! This concrete two bedroom corner units features double glazed floor to ceiling windows that provide great sound insulation, air-conditioning, extentable dining table that was built in the kitchen island. University District also offers one of the best amenities - a 23,000 sf building which includes an outdoor heated swimming pool, fitness center, spin room, concierge and a large entertainment lounge. Come to check it out before it's gone! (id:48205)

2 Bedroom 2 Bathroom 850
For sale Open House
$699,900
1510 13495 CENTRAL AVENUE, surrey, British Columbia

1510 13495 Central Avenue

Surrey, British Columbia

Spectacular views. Built in 2018. An Icon of Central City. Unit is priced with great value. If you are looking for investment or to move-in, this one needs to be on your list! Bright and unique 2 Bed, 2 Bath corner unit, facing 3 different directions with expansive views and Easterly Sunrises out of your Master Bedroom. Your luxury home includes hardwood floors, quartz counters/islands, lots of cabinet space, stainless appliances, ample closet and built-ins space, a spa-inspired bathroom, 9ft ceilings, blackout blinds, upgraded lighting & geothermal heating & cooling. Safety and convenience are paramount, 4-star Hotel providing 24-hour security and Restaurant & Cafe in the lobby. 1 parking, 1 locker, plus bike storage. 2 pets okay. Skytrain next-door. OPEN HOUSE SAT/SUN May 18/19 2-4pm (id:48205)

2 Bedroom 2 Bathroom 960
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