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.

867 results | Page 28 of 37
12 24 48
Search/Filter Properties


LOADING

For sale Open House
$769,000
22 15353 100 AVENUE, surrey, British Columbia

22 15353 100 Avenue

Surrey, British Columbia

A luxurious, cozy home in the Soul of Guildford! New floors! New bathroom cabinets! This home is situated conveniently within walking distance to T&T Supermarket, Guildford Mall, schools, parks, child daycare, and many restaurants to efficiently satisfy your everyday needs! 2 side-by-side underground parking. 1 storage locker. Gated neighborhood for your family's extra security! Easy access to Highway 1. (id:48205)

3 Bedroom 2 Bathroom 1141 sqft
For sale Open House
$769,000
56 19505 68A AVENUE, surrey, British Columbia

56 19505 68a Avenue

Surrey, British Columbia

Welcome to Clayton Rise in the famous Clayton Heights neighbourhood! Whether you are a growing family or downsizing, everyone enjoys a low density peaceful and quiet community, yet the convenience of being close to everything from restaurants, shopping, banks, parks, transit, and much more, all thanks to the new community infrastructures! This charming 2 bed 2 bath cozy townhome is in excellent move-in ready condition, thanks to the meticulous care of the owner and a proactive strata. The open concept kitchen and living room offers a relaxing space. Kitchen is highly functional and contemporary. But most importantly, there is access to a myriad of amenities including outdoor pool, club house, gym, movie theatre, indoor hockey, billiard room, and party room. Open House Jun 15 16 Sat Sun 2-4pm (id:48205)

2 Bedroom 2 Bathroom 1230 sqft
For sale
$769,000
18 14855 100 AVENUE, surrey, British Columbia

18 14855 100 Avenue

Surrey, British Columbia

Welcome to Hamstead Mews, one of the best complex in Guildford offering townhomes, low rise and high rise building. This 1527 SQ FT townhome checks all boxes. Main floor has separate living room and kitchen with a huge patio with a powder room. Above floor has two decent size bedroom and 1 full bath. Top floor has huge bedroom with full ensuite and a large balcony as well.Unit comes 1 car garage, 1 car on the driveway and storage. Complex offers lots of amenities gym, sauna, pool, party room and tennis court. Close to all amenities , schools, guilford mall, stores and Highway 1.. OPEN HOUSE April 6&7 from 2-4 pm (id:48205)

3 Bedroom 3 Bathroom 1527 sqft
For sale
$765,000
2 18983 72A AVENUE, surrey, British Columbia

2 18983 72a Avenue

Surrey, British Columbia

Welcome home to Kew by Mosaic located in the vibrant Clayton Heights area! The main floor offers an open and functional floor plan with high ceilings and looads of light. Living room with fireplace and sliding doors to the spacious deck offers a private and peaceful outlook to trees. The dining room & kichen provide plenty of space to host gatherings of family & friends. Upstairs are 2 bedrooms, 2 full bathrooms and a laundry space with full sized stacked washer and dryer. Downstairs is the foyer and tandem garage with epoxy floors, ample storage which opens to the fenced back yard. Nearby schools are Regent Road Elementary (K-7) and Ecole Salish Secondary (8-12). This home is situated right behind the new Salmonberry Park, a 5.5 acre neighbourhood park with pathways, gathering spaces, a playground with natural wood elements & open grass areas. The Kew complex is close to shopping, walkable to the Clayton Community Centre, offers a community garden, clubhouse, and play area for the kids and low strata fees. (id:48205)

2 Bedroom 2 Bathroom 1236 sqft
For sale
$764,900
50 18777 68A AVENUE, surrey, British Columbia

50 18777 68a Avenue

Surrey, British Columbia

Compass in Clayton! Gorgeous 2 bedroom/2 bathroom townhouse in great location backing onto walking path! Only steps away from all the shopping you need, transit & future Skytrain! 1,147 sqft. modern kitchen with quartz counters, S/S appliances and laminate flooring on main. Good sized patio! Double tandem garage plus visitor parking right out front. Easy HWY access and walk to transit, parks, schools, shopping and restaurants. Must see! (id:48205)

2 Bedroom 2 Bathroom 1205 sqft
For sale
$764,500
432 9456 134 STREET, surrey, British Columbia

432 9456 134 Street

Surrey, British Columbia

''Welcome to Quinn Homes by Porte! This spacious corner unit on the fourth floor offers the perfect blend of convenience and comfort. Enjoy stunning views from the wrapped-around patio, ideal for relaxing or entertaining. With 3 bedrooms and 2 baths, it's perfect for families or professionals. Located next to the upcoming UBC campus, this home is a stone's throw away from schools, Skytrain, hospitals, and malls. Plus, indulge in luxury amenities including a social lounge, games room, fitness centre, courtyard with BBQ, and fire pit. With one parking stall and bike storage locker included, convenience meets lifestyle in this vibrant community. Don't miss out on this prime opportunity!" (id:48205)

3 Bedroom 2 Bathroom 957 sqft
For sale Open House
$760,000
39 8767 162 STREET, surrey, British Columbia

39 8767 162 Street

Surrey, British Columbia

Fabulously located 3BR 1.5BTH townhome in the heart of Fleetwood. Rich, laminate floors flow throughout a bright & open main floor drawing you toward a modern kitchen featuring stainless steel appliances, quartz counters & chic, two-toned cabinets. Sunlight floods the spacious living room opening onto a sizable balcony - perfect for weekend brunches & evening bbqs. Enjoy ample closet space & stunning mountain views from the primary bedroom while private den & half bath below easily converts to a 3rd bedroom or home office. With a new H/W tank, this Taylor home built by Mosaic is steps to St. Matthew's & Frost Road Elementary schools, Surrey Christian, Holy Cross RHS, Fresh St. Market & a future skytrain station with Highway 1, Fraser Hwy & Guildford Town Centre a few minutes away. (edi (id:48205)

3 Bedroom 2 Bathroom 1166 sqft
For sale
$759,900
235 14861 98 AVENUE, surrey, British Columbia

235 14861 98 Avenue

Surrey, British Columbia

Welcome to The Mansions, an exclusive gated community! Centrally located in Guildford and close to all amenities, this above-grade, one-level unit features 2 bedrooms and 2 bathrooms. The entire unit is on a single floor, providing easy and convenient living. With stainless steel appliances and laminate flooring throughout, it offers both comfort and style. A cozy gas fireplace enhances the living and dining room, making it perfect for hosting guests. Additionally, the unit includes a double garage and an oversized balcony. The home features an updated kitchen, new tiles, and much more. Residents enjoy access to the clubhouse, which offers guest suites for visitors. The prime location near Guildford Mall and Green Timbers Park seamlessly combines luxury and convenience. (id:48205)

2 Bedroom 2 Bathroom 1496 sqft
For sale Open House
$759,000
189 16177 83 AVENUE, surrey, British Columbia

189 16177 83 Avenue

Surrey, British Columbia

Welcome to VERANDA! Located at the heart of Fleetwood Town Centre, in one of the fastest growing Surrey neighbourhoods! This gorgeous 2 Bdrm 2 bathrm Unit has been loved & pampered by her owners, Features big bright kitchen loaded cabinetry, granite countertops, SS appliances & seperate pantry. Home boasts stunning hardwood floors throughout main & upstairs, Cosy great room with feature fireplace. Large sundeck overlooks Western exposed back yard. 2 car Tandem style garage with provisions made for an additional 3rd bdrm or hobby with door access to big back yard. quiet location within Complex. Easy access to Fraser Hwy & minutes away from shopping plazas, parks, schools, medical offices, sports Complex, & of course, the FUTURE SKYTRAIN STATION. Easy to show Won't disappoint ..A 10 !! (id:48205)

2 Bedroom 2 Bathroom 1115 sqft
For sale
$759,000
105 19433 68 AVENUE, surrey, British Columbia

105 19433 68 Avenue

Surrey, British Columbia

THE GROVE - Court Ordered Sale - Fantastic 10 year old, 3 level, 3 bedroom. 2 bath townhome boasting over 1200 sq, ft, in a great family complex with resort style amenities including outdoor pool and indoor ball hockey rink. Homes in this location are rarely available with prominent eastern Mount Baker view and overlooking duck pond and walking paths. Very peaceful and serene location. Comfortable main level with loads of windows and functional floor plan, great kitchen with flex office work station .Upstairs features 2 good size bedrooms with ensuite and main bath. Downstairs features a front door opening to park with small fenced yard.3rd bedroom located downstairs., Massive 2 car+, storage tandem garage with one extra parking on apron. Property is SOLD on a "As is Where is" basis only. (id:48205)

3 Bedroom 2 Bathroom 1249 sqft
For sale
$758,890
W418 10828 139A STREET, surrey, British Columbia

W418 10828 139a Street

Surrey, British Columbia

ndulge in Surrey City Centre's vibrancy from your sought-after corner unit at Viktor, now sold out! Enjoy the bustling, pedestrian-friendly neighborhood, brimming with shops, parks, eateries, and the upcoming 140th St SkyTrain Station. This spacious home offers 2 beds, 2 baths, boasting high ceilings, wide plank laminate flooring, and chic dual-tone cabinetry. Bask in natural light, accentuating the elegant quartz countertops. Luxurious spa-like bathrooms feature oversized white tiles and soaking tubs. Benefit from one parking space and a $5,000 completion credit. Perfect for families or investors. Expected completion: July/Aug 2024. (id:48205)

2 Bedroom 2 Bathroom 1003
For sale
$758,890
E504 10828 139A STREET, surrey, British Columbia

E504 10828 139a Street

Surrey, British Columbia

CORNER UNIT at Viktor. Centrally located near Surrey City Centre, SkyTrain, Bus Stops, Shopping, Schools, Parks & easy Hwy 1 access & all basic amenities. Located on 5th Floor & Spacious 2 Beds & 2 full Baths Unit. Perfect for First Time Home Buyers & Investors. Estimated completion July - September 2024. (id:48205)

2 Bedroom 2 Bathroom 899
For sale Open House
$758,800
86 19505 68A AVENUE, surrey, British Columbia

86 19505 68a Avenue

Surrey, British Columbia

Welcome to Clayton Rise! First time on the market! This spacious 2-bedroom, 2-bathroom townhouse is perfect for a growing family. Enjoy the cozy fireplace, large windows, and kitchen with quartz countertops. Upstairs, the master bedroom features an enSuite bathroom with a double sink vanity and glass door shower. Step outside to the private patio overlooking green space for outdoor gatherings. The ideal location offers easy access to Katzie elementary school, playground, park, and community amenities including an outdoor pool, gym, movie theater, and pool table. Live the perfect lifestyle in this charming townhouse with a fantastic community. (id:48205)

2 Bedroom 2 Bathroom 1231 sqft
For sale Open House
$749,900
92 7088 191 STREET, surrey, British Columbia

92 7088 191 Street

Surrey, British Columbia

Welcome to "MONTANA" in Clayton Heights! This RARELY available, extremely well kept 3 bedroom, 2 bath townhouse is SURE to impress! Located in the BEST area of the complex with a view of the fountain and greenspace! Open & BRIGHT flowing floorplan w/large windows bringing in TONS of light! Absolutely STUNNING kitchen! Featuring laminate flooring, S/S appliances, granite counters, fireplace, large deck & patio. Enjoy your private, fully fenced yard with turf - perfect for enjoying those warm summer evenings! Double tandem parking and lots of visitor parking in this sought after complex. Hazelgrove Elementary School and Clayton Park are both just steps away. Perfect for Families. You can't beat this location! Open House: June 15th & 16th between 11:00am - 1:00pm. (id:48205)

3 Bedroom 2 Bathroom 1242 sqft
For sale
$749,900
54 18983 72A AVENUE, surrey, British Columbia

54 18983 72a Avenue

Surrey, British Columbia

Welcome to your new home at the KEW! This charming 2-bedroom, 2-bathroom townhome is perfect for modern living. Featuring an open floor plan with ample natural light, the spacious kitchen boasts plenty of cabinets and an oversized island, ideal for entertaining. The bedrooms are thoughtfully placed on opposite ends for privacy. Enjoy your morning coffee on the cozy balcony or unwind in the generous living area. With 2 covered parking stalls, convenience is guaranteed. This well-maintained home is ready for you to move in and start creating wonderful memories. Don't miss out on this opportunity (id:48205)

2 Bedroom 2 Bathroom 1243 sqft
For sale
$749,900
409 6490 194 STREET, surrey, British Columbia

409 6490 194 Street

Surrey, British Columbia

Discover luxury living - Esplanade Grande at Waterstone in Clayton Heights! This exquisite Loft-Style Penthouse boasts 2 beds, 2 baths, & a captivating open-concept design w/ soaring 17 ft. ceilings. Enjoy a spacious 112 sq ft covered deck offering serene views of lush greenspace. The kitchen features top-of-the-line LG S/S appliances, elegant full slab granite countertops, and a modern Espresso Dark scheme. Indulge in resort-style amenities including a swimming pool, hot tub, sauna, fitness center, Chef's kitchen, fireside lounge, billiard room, and private movie theater. Conveniently situated near transit, coffee shops, shopping, and dining options. This unit includes 2 side-by-side parking stalls and 2 storage lockers (with custom shelving). Pets and rentals welcome! (id:48205)

2 Bedroom 2 Bathroom 1140 sqft
For sale
$749,800
17 16180 86 AVENUE, surrey, British Columbia

17 16180 86 Avenue

Surrey, British Columbia

Located in exceptional & well maintained "Fleetwood Gate" this three bedroom 2.5 bathroom townhome has a very spacious PRIMARY BEDROOM ON THE MAIN FLOOR, good size living room with gas fireplace & a formal dining area, kitchen with white European style cabinets & stainless steel appliances, eating area with skylight above & sliding door to private east facing patio area for the morning sun & a 2pce bathroom. Master bedroom has a true four piece bathroom (separate shower). Upstairs 2 good size bedrooms, an enclosed balcony & a full bathroom. Enjoy a large double garage and Fleetwood Gate has a RV Parking area, is centrally located & is very walkable to shopping, banking & transit. This is adult orientated complex (one spouse needs to be 55+) BONUS! RV PARKING AVAILABLE FOR $25 A MONTH. (id:48205)

3 Bedroom 3 Bathroom 1627 sqft
For sale
$749,000
65 9370 122 STREET, surrey, British Columbia

65 9370 122 Street

Surrey, British Columbia

Discover the perfect blend of comfort and convenience at this two-level, three bedrooms, and three bathrooms townhouse in Bonnydoon Village. Located in Queen Mary Park, this home is in close walking distance to Kirkbride Elementary, LA Matheson Secondary, parks, restaurants, shopping, and public transit. With over 1,500 sqft, the main floor features an expansive open living/dining area, a cozy kitchen, a powder room, and laundry. The upper floor accommodates a 4 piece bathroom and three bedrooms, with the primary bedroom boasting a walk-in closet and a 2-piece ensuite. Large windows allow for ample natural light. Glass patio door leads to a fenced yard where you can enjoy your garden and BBQ. Or beat the summer heat with the outdoor swimming pool. Family-oriented, pet and rental friendly. Open House Sat June 15, 12-2pm. (id:48205)

3 Bedroom 3 Bathroom 1546 sqft
For sale Open House
$749,000
131 9463 PRINCE CHARLES BOULEVARD, surrey, British Columbia

131 9463 Prince Charles Boulevard

Surrey, British Columbia

**CENTRAL LOCATION** Corner Unit 3 bedrooms, 3 washrooms , with big private backyard END UNIT! Awesome quality complex with greenspaces and rec center - PERFECT for the growing family. you MUST see! Very functional and well laid out plan with large rooms, sliders leading to balcony off living room, stylish wood burning fireplace feature. Walk to shopping, schools, transit, good for commuters...all round BEST buy in the area. fully fenced backyard & a LARGE BONUS rare common yard which is almost exclusive for this townhouse unit. (id:48205)

3 Bedroom 3 Bathroom 1825 sqft
For sale Open House
$749,000
28 11255 132ND STREET, surrey, British Columbia

28 11255 132nd Street

Surrey, British Columbia

Welcome to Unit 28 at FRASERVIEW TERRACE ! This meticulously maintained 3-bedroom, 2-washroom townhouse,has been recently updated with fresh paint and new flooring in 2024. Open layout which offers a blend of modern comfort. This townhouse is situated in a vibrant and growing community, offering a perfect balance of suburban tranquility and urban convenience. Prime Location, the complex is right off King George Blvd, providing excellent accessibility to a variety of amenities and services. Just a short drive to Surrey Central. Quick Access to Pattullo Bridge: Effortless connectivity to New Westminster and other parts of the Lower Mainland, making commutes smooth and efficient. Open House Sat 3-5pm, Sun 2-4pm (id:48205)

3 Bedroom 2 Bathroom 1159 sqft
For sale
$749,000
20 8775 161 STREET, surrey, British Columbia

20 8775 161 Street

Surrey, British Columbia

Opportunity knocks!! 2 bedroom 2 full washroom townhouse with tandem garage in most demanding area of Surrey. Main floor has very good sized kitchen and family room. Upstairs both bedrooms are good sized. Recently renovated, it look really amazing and must see. New flooring, tiles, carpet, paint, lighting and plumbing fixtures, blinds and many more updates. Garage can accommodate two cars plus lots of space left for storage. Big private backyard is an asset. Forced air heat throughout unit. Quick access to Highway 1, Guildford Town Center. Act fast before it's gone. Open house Saturday June 8th, Sunday June 9th from 2pm to 4 pm (id:48205)

2 Bedroom 2 Bathroom 1212 sqft
For sale Open House
$749,000
125 9465 PRINCE CHARLES BOULEVARD, surrey, British Columbia

125 9465 Prince Charles Boulevard

Surrey, British Columbia

Beautifully 2-storey, 3-bed, 2-bath townhome spanning 1440 sq ft in Surrey, BC. The main level's open layout flows from the updated kitchen through to a spacious living area, perfect for gatherings. Upstairs, three bedrooms offer comfort and style. Enjoy the convenience of amenities, schools, parks, and transport nearby. Located in sought-after Surrey, this home presents a prime opportunity for a comfort living. Don't miss out -schedule your showing today! Open house Sat June 15, 2Pm - 4Pm. (id:48205)

3 Bedroom 2 Bathroom 1440 sqft
For sale
$749,000
79 16233 83 AVENUE, surrey, British Columbia

79 16233 83 Avenue

Surrey, British Columbia

Beautiful & bright 2 bedrooms, 1.5 bathroom town home. Great location near shopping transportation and schools. Walk to community center, library and park. Spacious kitchen with granite counter and an eating area and large pantry for lots o f storage. Nice deck off the kitchen ideal for BBQ. 2 bedrooms and a 5pc bath up and a 2pc on the main floor. Double tandem garage with lots of storage that has access to the fenced back yard for the kids or your pets to play. Lots of visitor parking in the complex. Veranda, built an award winning builder Adera, has a very low strata fee and is located in the heart of Fleetwood, walking distance to shops, bus stop, restaurants, library, gym & much more. Call for your own showing. (id:48205)

2 Bedroom 2 Bathroom 1175
For sale
$748,900
35 9168 FLEETWOOD WAY, surrey, British Columbia

35 9168 Fleetwood Way

Surrey, British Columbia

Rarely available in 'The Fountains' this 1,400 sqft 2 bedroom/ 2 bathroom upper unit is spic and span! Enter in and find a nice bright entry with garage access, upstairs you'll find a functional floor plan with oak kitchen, eating area and family room with a south exposed deck to enjoy the morning coffee! Nice big living area with gas fireplace and adjoining dining room, primary bedroom is also large and off the back with North exposure to keep cool. Separate soaker tub and shower in the ensuite, lots of storage, 2nd bedroom or office space off the entrance. This development is a short walk to Save On Foods and lots of different shops and restaurants, close to the new proposed skytrain too. Gated and secure... hurry on this one! OPEN HOUSE: Sat Jun 15, 11am-1pm (id:48205)

2 Bedroom 2 Bathroom 1419 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