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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
$949,800
68 6956 193 STREET, surrey, British Columbia

68 6956 193 Street

Surrey, British Columbia

You will love this beautiful and bright end unit townhome in the heart of East Clayton! Enjoy cooking in the huge eat-in kitchen, featuring dark wood cabinets, stainless steel appliances and hardwood flooring. Upstairs, find three spacious bedrooms, including a primary bedroom with a huge walk-in closet and a luxurious 4-piece ensuite w/ double sinks. Step outside to your private walkout backyard, ideal for summer barbecues or quiet evenings. The downstairs flex room offers endless possibilities-it can easily transform into a 4th bedroom or as a spacious home office. With a double car garage and room for a third car on the driveway, parking is never a concern.Enjoy the convenience of being centrally located near transit, schools, and trendy restaurants! Schedule a private viewing today! (id:48205)

3 Bedroom 3 Bathroom 1996 sqft
For sale
$949,800
410 6470 194 STREET, surrey, British Columbia

410 6470 194 Street

Surrey, British Columbia

LUXURY LIVING IN WATERSTONES TOP FLOOR; 2 LEVEL-LIVING w/stairs. PENTHOUSE!THIS HOME IS A MUST SEE;FEATURING YOUR SPACIOUS 800 SQFT top floor patio w/unobstructed Panoramic views of Mt Baker and city lights! Entertain your guests in your open concept kitchen w/ large island, breakfast bar and 5 S/S appliances incl. your built in BONUS wine fridge, swirled Granite counters throughout and so much more! Unlock your French doors to your generous sized private roof top deck. Lower floor features spacious master w/ 2 closets, 5 pcensuite and 2nd balcony on the opposite side of the building facing green space. Full four pce bath as well for 2nd Bdrm and heated tile floors in both baths,. 10ftceilings, dark laminate flooring, large Foyer and full size W/D. This home will not last long! Call today! (id:48205)

2 Bedroom 3 Bathroom 1326 sqft
For sale Open House
$949,000
41 19501 74 AVENUE, surrey, British Columbia

41 19501 74 Avenue

Surrey, British Columbia

3BR 3BTH ONYX Townhome in Clayton. 2yr old residence welcomes you with in-floor radiant heating, hot water on demand. The stunning, gourmet kitchen features sleek stainless steel appliances, modern shaker-style cabinets & crisp quartz counters w/ a generous breakfast bar overlooking the dining area. Laundry is conveniently located, naturally well-lit bedrooms & well-appointed bathrooms. Gas hookup is accessed through a sizable flex room below that easily converts to suit your needs. With a double garage, Located steps to Maddaugh Elementary, bus stops, grocery stores & minutes to Willowbrook Shopping & Hwy 1. Garage finsihed with Epoxy & Built in Central Vaccum & EV Charging. AC has been roughed in. ** Low Strata $266.00, developer has prepaid Telus to 2025 ** Contact your Realtor Today. (id:48205)

3 Bedroom 3 Bathroom 1575 sqft
For sale
$949,000
103 9118 149 STREET, surrey, British Columbia

103 9118 149 Street

Surrey, British Columbia

Rarely available this huge size townhouse has everything you need , This bright and spacious home will fulfill needs of growing family. Upper floor 3bed and 2full bath with primary room has in suite. And 2pc bath along with family room living room and dining area kitchen area leads to back yard deck . kitchen has open concept with over the counter access to dining table. Basement level have bed room or use as rec room or office with back patio door . comes with full washroom and access to double garage. Conveniently located to new sky train station, and grocery store gas station restaurant .Very quite area. Open house sunday June 23,From 2to4 (id:48205)

4 Bedroom 4 Bathroom 1815 sqft
For sale
$949,000
70 6575 192 STREET, surrey, British Columbia

70 6575 192 Street

Surrey, British Columbia

Discover tranquility in Clayton at the ever sought after, Ixia, CORNER UNIT W/ 2 CAR GARAGE that includes 3 bedrooms & 3 bathrooms. Enjoy modern living w/ newer stainless appliances (2018) & updated flooring (2018) in the spacious open kitchen. Entertain effortlessly in the open plan layout, connecting the kitchen to the dining area and a cozy family room. Step outside to a serene patio overlooking a lush green courtyard. Upstairs boasts 3 nice sized bedrooms & 2 bathrooms. Large Primary bedroom has room for all your "stuff" with a generous sized walk-in, 3-pc ensuite and a walkout peaceful deck again, facing the serene green courtyard; perfect for that morning coffee. Lower level floor has large rec room with approved (2018 )3rd bathroom and wet bar & fridge adjoining. perfect for in-law accommodation - inc. walk out ground level patio Conveniently located, just a 5-minute drive from shops, restaurants, top-rated schools, parks, and a community center are all within a 5-minute radius. Be quick on this 1 !! (id:48205)

3 Bedroom 4 Bathroom 1908 sqft
For sale
$949,000
7 8747 162 STREET, surrey, British Columbia

7 8747 162 Street

Surrey, British Columbia

Discover the elegance of this beautiful corner unit in the exclusive boutique community of Fleetwood Grove! Located in the heart of Fleetwood, this 3-bedroom home offers the only unobstructed south view and the largest fenced backyard with a private patio and balcony. Features include contemporary white shaker cabinetry, imported quartz countertops, a complete stainless steel appliance package, and durable laminate hardwood flooring. Walking distance to top-rated schools, including Holy Cross High School, and close to future SkyTrain, bus services (502, 503 and 388), Fleetwood Rec Center, library, and playground. Very private, quiet, and kid-friendly complex with no units in front or back. Easy access to Fraser Highway and Highway #1. (id:48205)

3 Bedroom 3 Bathroom 1417 sqft
For sale
$949,000
48 7288 188 STREET, surrey, British Columbia

48 7288 188 Street

Surrey, British Columbia

Spacious CORNER Unit, very clean 3 bedrooms plus Flex, 2 1/2 bathrooms townhouse in fast developing Clayton area. Very convenient location close to schools and shopping. Close to the future Skytrain station. Easy access to Surrey and Vancouver. Modern efficient open floor plan with 9' ceilings and covered balcony on main, Huge Flex downstairs and three bedroom upstairs. Very bright corner unit with additional windows and plenty of natural light. Spacious kitchen with island and modern cabinets, top of the line stainless steel appliances, cultured stone countertops. Gas cooktop, visitor parking,Tiled bathrooms. Great amenities - gym, clubhouse. Side by side two car garage. Very quiet inside location (id:48205)

3 Bedroom 3 Bathroom 1423 sqft
For sale
$949,000
43 13499 92 AVENUE, surrey, British Columbia

43 13499 92 Avenue

Surrey, British Columbia

This unique end unit, 3-bed and 2 1/2 baths townhome is situated in a beautifully landscaped garden setting complex. It comes with white picket fences. Once inside, it feels like a detached home with all windows bringing light in. Ground level has laminate flooring and double side by side garage , large living room with gas fireplace, open concept kitchen and dining leads to concrete patio for summer BBQS, Kitchen with granite countertop, stainless steel appliances, recessed lighting, and a floor to ceiling built-in pantry with pull-out shelving especially convenient for heavy items. Upstairs has 3 good sized bedrooms and laundry room. book your showing today (id:48205)

3 Bedroom 3 Bathroom 1516 sqft
For sale
$948,000
50 8560 162 STREET, surrey, British Columbia

50 8560 162 Street

Surrey, British Columbia

Welcome to the tranquil Lakewood Green Townhouse community, featuring 78 well-maintained units. Conveniently located within walking distance to Fleetwood Park Village and other shopping amenities. Top-notch educational environment with Frost Road Elementary just around the corner. The townhouse boasts renovations with quartz countertops and stainless steel appliances. Recent upgrades include a new hot water tank and furnace, and fresh paint throughout. Enjoy family time in the fenced green backyard with a gazebo. A future SkyTrain station on 160 Street, only 850 meters away, adds excellent connectivity. Don't miss out on this perfect blend of comfort and convenience! (id:48205)

3 Bedroom 3 Bathroom 1815 sqft
For sale Open House
$944,800
136 15778 85 AVENUE, surrey, British Columbia

136 15778 85 Avenue

Surrey, British Columbia

Fleetwood Village 2 by Dawson + Sawyer! Located directly along the new Surrey Langley Skytrain extension. Centrally located walking distance to shopping, restaurants, parks, and schools. View of Mount Baker from the kitchen and balcony. This 4 bedroom features entry closet and 4th bedroom on the garden level. Main floor features open concept living space, large L-shaped kitchen with an island, dining and powder room. Upper level features the primary bedroom that fits a king sized bed, a walk-in closet and ensuite with double vanity and oversized shower, the second and third bedrooms, main bathroom, laundry with linen storage. Double side by side parking garage. Quick possession possible. OPEN HOUSE SUNDAY 2:00 TO 4:00 (id:48205)

4 Bedroom 3 Bathroom 1327 sqft
For sale
$938,000
55 15850 85 AVENUE, surrey, British Columbia

55 15850 85 Avenue

Surrey, British Columbia

FLEETWOOD VILLAGE by Dawson + Sawyer, located along the future SkyTrain line in the heart of Fleetwood! Steps to Fresh St Market, Surrey Sport & Leisure Complex, Fleetwood Park Village Shopping, Fraser Hwy and steps to top-rated schools. This corner unit features a fenced and gated front yard with a large den (can be a bedroom) on the garden level double garage with EV charging and lots of storage space. Stunning living room with 10' ceilings, centre kitchen with s/s appliances, crisp quartz counters & an expansive island next to a spacious formal dining opening onto a sunny balcony on the main level. Master bedroom for a king sized bed, walk-in closet and private ensuite with a double vanity and oversized shower, laundry and linen storage on the upper level. (id:48205)

3 Bedroom 3 Bathroom 1334 sqft
For sale
$935,000
55 7288 188 STREET, surrey, British Columbia

55 7288 188 Street

Surrey, British Columbia

Under Builder's Warranty this Beautiful Home Featuring a 4 bed, 3 BATH townhome w/ a completely open floorplan with modern contemporary finishes, Samsung stainless steel appliances, gas stove and a generous island, forced air heating with FULL AC rough in! Three good sized bedrooms upstairs and a cozy fourth Bedroom Downstairs. Balcony with BBQ hookup off the kitchen overlooks the visitor parking right in front of the home along with the double car garage side by side. This building comes with 12,000 square feet of shared indoor & outdoor amenity space offering Clubhouse, Playground, Gym, Guest Suites, along with 8,000 sqft of shops & services. Close to all levels of schools, transit, the mall and easy access to Hwy #1. (id:48205)

4 Bedroom 3 Bathroom 1456 sqft
For sale
$935,000
51 9652 162A STREET, surrey, British Columbia

51 9652 162a Street

Surrey, British Columbia

Practically New, but without the GST: Bright and Spacious 3 BDRM 2.5 BATH South facing entry Townhome with Energy efficient GAS heating, unlimited hot water Navien on demand. Welcome to Westwood at Tynehead Park; a contemporary community immersed in nature. Conveniently location, close to transit, schools, shopping, easy freeway access & 640 acre Tynehead Park with many walking/biking trails & educational salmon hatchery. Many custom features incl. Premium Samsung Appl. package; GAS stove, ice/water fridge, solid wood soft closing cabinetry, chef inspired kitchens, flat painted ceilings, custom light fixtures, fireplace w/mantle, BBQ outlet on patio, fully finished garage w/EV charger, epoxy flooring. Still under 2-5-10 years warranty. Do not miss, move-in today! (id:48205)

3 Bedroom 2 Bathroom 1393 sqft
For sale
$929,999
136 9718 161A STREET, surrey, British Columbia

136 9718 161a Street

Surrey, British Columbia

Canopy is a master planned townhouse community in Surrey Fleetwood Tynehead built by Streetside Developments. Situated next to Tynehead Regional Park & Godwin Farm Biodiversity Preserve, this home is perfect for the nature lover! This spacious 3 bedroom & 3 bath home offers white designer scheme with Shaker style cabinetry & Caesarstone countertops, stainless steel like-new Whirlpool french door fridge, dishwasher, gas range & laundry on the upper floor with full sized washer/dryer. 9 ft. Ceilings on the main floor & an upgrade of laminate flooring throughout main & upper levels. A roomy balcony conveniently located off the dining room is great for outdoor dining. Clubhouse with gym access & a playground. All showings by appointment only. (id:48205)

3 Bedroom 3 Bathroom 1472 sqft
For sale
$929,000
14 7056 192 STREET, surrey, British Columbia

14 7056 192 Street

Surrey, British Columbia

Welcome to this beautiful almost new townhome with 4 bedrooms and 3 bathrooms, still under warranty. Original Owners. This unit has a huge living room, a dining room, and a beautifully designed kitchen with stainless steel high end Samsung appliances, designer cabinets, Quartz countertops, and a large island! Bonus Pantry! Additional features include built in surround sound system, security system, built in vac, and S/S double garage. The master bedroom has a walk-in closet and an ensuite bathroom. School catchment, Maddaugh Elementary and Ecole Salish Secondary. With a short drive to the Community Centre, Malls, Grocery, Golf courses, Parks, Restaurants, all your shopping needs. Direct access to highway 1. Open House Sat and Sun, 2-4PM, June 22 & 23. (id:48205)

4 Bedroom 3 Bathroom 1673 sqft
For sale
$928,800
6 7218 188 STREET, surrey, British Columbia

6 7218 188 Street

Surrey, British Columbia

Welcome to The Corners in Clayton. This 4 bedroom 3 baths corner unit has a bright and grand open concept living space. This unit is perfect for entertaining with it's very open floor plan, a stunning chef inspired kitchen, sleek quartz countertops and stainless steel appliances. Condo like amenities which include a clubhouse, fitness room, guest suite, business centre, kids playroom, and outdoor entertaining space. Steps away from shops, Community Centre, and schools. (id:48205)

4 Bedroom 3 Bathroom 1540 sqft
For sale
$925,000
109 7080 188 STREET, surrey, British Columbia

109 7080 188 Street

Surrey, British Columbia

Welcome to this stunning 3 level Corner Unit townhouse conveniently located in CLAYTON HEIGHTS across Clayton Dog Off-Leash Park. Easy access to Fraser Hwy, restaurants, groceries, schools, community centre and more. This efficient layout with no wasted space is perfect for your family or investment. It features a cozy family room with a stylish and sleek fireplace, modern design kitchen and spacious outdoor patio. Dedicated living and dining area perfect for entertainment. Upstairs features 3 spacious bedrooms with ensuite for master. Below has a two car garage that is equipped with EV Charger. Plenty of street parking. SCHOOL CATCHMENTS: Clayton Elementary & Salish Secondary. Situated close to future Skytrain station, this property offers both convenience and potential value appreciation (id:48205)

3 Bedroom 3 Bathroom 1513 sqft
For sale
$920,000
2 8567 164 STREET, surrey, British Columbia

2 8567 164 Street

Surrey, British Columbia

Step into this enchanting home where modern charm meets timeless elegance. The living room welcomes you with its soaring vaulted ceiling, captivating stacked stone gas fireplace, and ample natural light. The kitchen is a chef's dream, boasting Italian marble floors, updated appliances, pristine cabinetry with roll-out drawers, and luxurious granite countertops. The versatile dining room offers endless possibilities, doubling as an office, den, or third bedroom. Retreat to the serene master bedroom with its spacious walk-in closet illuminated by a window, offering the perfect sanctuary. Don't miss the chance to make this exceptional residence your own. Experience the magic firsthand - your new family home awaits! (id:48205)

3 Bedroom 3 Bathroom 1735 sqft
For sale Open House
$919,900
11 8428 VENTURE WAY, surrey, British Columbia

11 8428 Venture Way

Surrey, British Columbia

Welcome to Summerwood, featuring three generously sized bedrooms and a stunning sundeck on the top floor. This home offers exceptional living space, reminiscent of a detached family residence. The expansive living room, formal dining room, and fully equipped kitchen provide an ambiance of luxury and comfort; French doors that open to a large, south-facing private yard. Attention to detail is evident throughout, with elegant crown molding, laminate flooring, and a spacious kitchen. Nestled within a secure, gated community, this townhouse ensures great privacy while being just a short stroll from a shopping center, a variety of restaurants, and transit options. Residents benefit from an impeccably maintained clubhouse equipped with a gym and sauna. Desirable location near schools and parks. (id:48205)

3 Bedroom 3 Bathroom 1776 sqft
For sale
$919,900
71 19477 72A AVENUE, surrey, British Columbia

71 19477 72a Avenue

Surrey, British Columbia

OPEN HOUSE: SATURDAY, JUNE 22 | 2-4PM | SUN @ 72 | A triplex-style townhome with an amazing daylight basement perfect for extended family. 4 bed + 3 bath over 1,554 ft2 with double garage + driveway. SOUTH /WEST exposed and sun drenched CORNER unit surrounded by amazing trail systems, parks and SCHOOLS! A bright, entertainers kitchen featuring: SS appliances, quartz counters, large island and separate dining area. Large open concept main floor w/ custom fireplace and 18'6" x 6'8" covered balcony for year round enjoyment. Upstairs: XL primary bedroom w/ spa inspired bathroom. Plus two secondary bedrooms, bathroom and full sized laundry. Large & bright daylight basement with bedroom that just needs a closet, bathroom, fenced yard and separate entrance. (id:48205)

4 Bedroom 3 Bathroom 1554 sqft
For sale
$919,000
5 8137 164 STREET, surrey, British Columbia

5 8137 164 Street

Surrey, British Columbia

Fleetwood Living is a new community of townhomes - 3 Bedroom + 3 Bath, beautiful open concept unit with high-end appliances and modern finishes throughout that are sure to impress. Located in a quiet and peaceful neighbourhood, this townhome is within walking distance to both Walnut Road Elementary and Fleetwood Park High School, making it a perfect home for families with children. In addition, this prime location offers easy access to public transit, with a new Skytrain station coming soon. You will love the convenience of having all the shopping, dining, and grocery stores near by. Call Now! (id:48205)

3 Bedroom 3 Bathroom 1358 sqft
For sale
$915,000
17 19219 67 AVENUE, surrey, British Columbia

17 19219 67 Avenue

Surrey, British Columbia

THE BALMORAL - 4 bedroom end unit with side by side double garage. Bright, spacious open plan with Maple kitchen cabinets and granite counter tops, stainless steel appliances, fridge with ice maker and gas stove. Main floor features convenient decks off kitchen and living room as well as a 2 piece bathroom. Upper floor has 3 bedrooms with 2 full bathrooms and laundry. Lower floor has another bedroom with a 2 piece bath also. Located close to Starr Park and very handy to all of Clayton and Willoughby amenities. (id:48205)

4 Bedroom 4 Bathroom 1863 sqft
For sale Open House
$908,000
42 8567 164 STREET, surrey, British Columbia

42 8567 164 Street

Surrey, British Columbia

Welcome to Monta Rosa, where contemporary living meets unparalleled convenience in a vibrant city. This immaculate home offers a harmonious blend of style, comfort, privacy and security of a gated community. A well designed interior boasting spacious living areas and functional layout that creates a cozy flow between the living, dining, and kitchen areas. The kitchen is a chef's delight with ample storage space, ceramic top stove and cozy casual dining area. The master suite comes complete with a luxurious ensuite bathroom and a huge walk-in closet. Extra incl; a large dining room with windows which can be converted into a 3rd bedroom, new furnace, a huge crawl space etc. The private patio offers a peaceful space to enjoy your morning coffee or host summer BBQs. Call now for a showing! (id:48205)

2 Bedroom 3 Bathroom 1767 sqft
For sale
$900,000
51 19330 69 AVENUE, surrey, British Columbia

51 19330 69 Avenue

Surrey, British Columbia

MONTEBELLO END UNIT Townhouse that is on a quiet cul-de-sac. This 3 bed /3 bath + Recroom home is 1975 square feet. Large Primary bdrm w/walk-ion closet & 4 piece ensuite. Bright mainfloor, you will find Living rm & Family with Fireplaces. Open concept Kitchen that leads out to the huge private 20 ft wide balcony overlooking PRIVATE trees. Downstairs there is a large RECROOM for the teenagers. Built in Speakers throughout the home, Smart smoke CO2 sensors. 4 CAR PARKING ! Double garage with 2 Parking spots on the pad that can fit 2 FULL SIZED PICKUP TRUCKS! Also bonus street parking in front of unit in CUL-DE-SAC, next to Katzie Elementary & Katzie Park. Do not miss this opportunity!! (id:48205)

3 Bedroom 3 Bathroom 1975 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