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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
$5,199,900
9986 LYNCEAN DRIVE, surrey, British Columbia

9986 Lyncean Drive

Surrey, British Columbia

Situated on a sprawling 1.1-acre parcel of land, this property is enveloped by a lush green belt, offering a serene and picturesque setting. Located in a sought-after community, it presents an ideal investment opportunity for developers or builders. Surrounded by existing developments, its prime location and ample space make it a highly desirable prospect for future projects. In addition, while the home may require some tender loving care, it has faithfully provided a cozy haven for family. Check out the video! https://www.dropbox.com/s/v95v73dz82so66w/9986%20Lyncean%20Dr%20V3.m4v?dl=0 (id:48205)

6 Bedroom 3 Bathroom 3278 sqft
For sale
$4,990,000
14508 104A AVENUE, surrey, British Columbia

14508 104a Avenue

Surrey, British Columbia

**HIGH RISE DEVELOPMENT PROPERTY** Development parcel great for investors and developers. Part of Guildford Town Centre- 104 Avenue plan, zoned for mid to high rise mixed use. 3.5 FAR. 12,847 sqft rectangular lot. 3 min drive to Surrey Central, Guild town center, Highway #1 and all business complex. Easy access to everywhere. Prime Location!! Neighboring property are also available. (id:48205)

4 Bedroom 2 Bathroom 2654 sqft
For sale
$4,950,000
7485 185 STREET, surrey, British Columbia

7485 185 Street

Surrey, British Columbia

A Spanish style home located on an expansive 1.02 acre property with future development potential. The home boasts a desirable open floor plan with rooms for everyone in the family, plus an abundance of recreational space and storage both indoor and outdoor. The property has outbuildings including a large detached garage/workshop, chicken coop, and livestock barn. Enjoy the perfect balance of private living surrounded by lush greenery with the convenience of schools, shopping, amenities, and the future Hillcrest-184 Street Skytrain station. (id:48205)

4 Bedroom 3 Bathroom 2486 sqft
For sale
$4,950,000
19179 88 AVENUE, surrey, British Columbia

19179 88 Avenue

Surrey, British Columbia

Experience the epitome of luxury living in Port Kells on a 1-Acre Corner Lot! Rarely available, this custom-built luxury estate offers unparalleled quality! Boasting a massive 8342 sqft of living space, this property features 5 bd & 4 ba, w/ 2 mortgage helpers. Primary bdrm features 11'8 vaulted ceiling, walk in closet, bathroom w/ sauna & steam room! Open-concept layout that seamlessly blends modern design w/ timeless luxury. Grand over-height entry w/ 20' high ceiling on the main w/ stunning lighting. Grand wok kitchen & high-end finishes throughout! Spacious front & back yard w/ back lane access, & endless amount of parking. Close to Hwy 17 & Pacific Hwy, all levels of schools, shopping, and recreation. Don't miss the opportunity, call today to book your private showing! (id:48205)

8 Bedroom 9 Bathroom 8342 sqft
For sale
$4,899,000
8219 167A STREET, surrey, British Columbia

8219 167a Street

Surrey, British Columbia

Developers and investors! Fantastic opportunity in Surrey's Transit Oriented Development Tier 2! This single family home is ideally situated within 400m from the Bakerview Sky-Train station, a fantastic location with proximity to highway access, local amenities, schools and recreation! New provincial legislation allows for multi-family building of 12 storeys and 4 FSR. Include Schedule A in the docs section with all offers. (id:48205)

3 Bedroom 3 Bathroom 1984 sqft
For sale
$4,875,000
15091 91A AVENUE, surrey, British Columbia

15091 91a Avenue

Surrey, British Columbia

Land Assembly Alert! Attention Developers and Investors! 15023 - 15063 91a ave, Neighbouring properties will be listed soon. This is part of the Transit-Oriented Development Area around 152 st Station, within the 400-meter tier, and currently zoned for a 4.0 Floor Space Ratio (FSR). Minimum allowable up to 12 storeys. Stay tuned for updates on more neighboring properties. Will be located merely steps from the 152 st Skytrain station, this property is ideally positioned for remarkable convenience, offering future residences easy access to a plethora of local amenities. Additionally, it's close to a park, enhancing its appeal with green space nearby. (id:48205)

5 Bedroom 2 Bathroom 2600 sqft
For sale
$4,818,888
12788 ROSS PLACE, surrey, British Columbia

12788 Ross Place

Surrey, British Columbia

Link to 3D tour: https://my.matterport.com/show/?m=8YNbzkz1nST (id:48205)

15 Bedroom 12 Bathroom 9382 sqft
For sale
$4,499,000
9855 182A STREET, surrey, British Columbia

9855 182a Street

Surrey, British Columbia

ATTENTION INVESTORS & DEVELOPERS! Great acreage property, big home upstairs and also has 2 suites and 7 outbuildings which generate $6,240 in monthly revenue. Enjoy the spacious open layout w/large windows (with a nice view of the mountains). On septic, which is maintained every 2 years. Room for the extended family, as well as room for RV's or trucks. Now light industrial zoning, can build 36000 sqft building, 4 retail unit downstair and offices upstairs. Call for new plan of building. (id:48205)

5 Bedroom 4 Bathroom 3690 sqft
For sale
$4,488,000
9332 177 STREET, surrey, British Columbia

9332 177 Street

Surrey, British Columbia

OUTSTANDING INVESTMENT OPPORTUNITY in the heart of Anniedale/Tynehead NCP. Prime 1 acre CORNER lot, 2 road frontages with no creeks or streams. Designated as medium (25+ Units p/acre). This flat site is primely situated with easy access to HWY 1 and Golden Ears Bridge. Preliminary site plan available achieving potential for 22+ units. Purchase and hold for future development options and capital appreciation. Current home is solid and perfect to generate some holding income. A lot of activity and excitement around this area. Selling for land value. DO NOT WALK PROPERTY WITHOUT APPT. Buyer to make city inquiries for information. (id:48205)

3 Bedroom 2 Bathroom 2698 sqft
For sale
$4,400,000
8171 176 STREET, surrey, British Columbia

8171 176 Street

Surrey, British Columbia

Available for the first time in nearly 30 years, this unique 11.02-acre property offers an excellent location to build your dream home and establish an agribusiness facility. Approximately 9 acres of the land are fenced and suitable for farm animals. The property is currently leased to a hobby farmer raising chickens and sheep, ensuring its agricultural use is maintained. Additionally, the property benefits from extremely low property taxes, making it a cost-effective investment. Don't miss this rare chance to own a piece of Fleetwood Tynehead's farming heritage. (id:48205)

For sale
$4,300,000
18789 92 AVENUE, surrey, British Columbia

18789 92 Avenue

Surrey, British Columbia

Prime development potential, 1 acre designated for Industrial Business Park in Anniedale-Tynehead NCP. Clear land with no creeks, corner lot for easy parking. Many neighbouring properties have been granted Temporary Use Permits for truck parking. Solid home with easy 2 suite potential can easily provide rental income until you are ready to develop. Confirm details with the city of Surrey, DO NOT WALK PROPERTY WITHOUT APPOINTMENT. (id:48205)

5 Bedroom 5 Bathroom 4257 sqft
For sale
$4,088,000
17118 96 AVENUE, surrey, British Columbia

17118 96 Avenue

Surrey, British Columbia

Investor Alert ! 2-acre property, strategically located outside-ALR in Anniedale-Tynehead NCP with HIGH density Residential zoning. Positioned as a prime development site, the area is currently undergoing significant development. Its advantageous location boasts direct access to Tynehead Park and Trails and close to Northview Golf & Country Club. Furthermore, the property offers seamless connectivity to major freeways and highways, facilitating convenient transportation and accessibility. Property itself features family home with stable rental income. Well below assessment value (>$6M). A superb opportunity to invest in your upcoming future. (id:48205)

3 Bedroom 2 Bathroom 1408 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