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.

602 results | Page 1 of 26
12 24 48
Search/Filter Properties


LOADING

For sale
$16,000,000
18680 80 AVENUE, surrey, British Columbia

18680 80 Avenue

Surrey, British Columbia

Investor Alert! 9.61 acre development property OUT of ALR in North Surrey, West Clayton 'Cloverdale' area. Fully flat. Beautiful Northern views and across from ALR farmland! Close to future park as well! (id:48205)

4 Bedroom 2 Bathroom 2134 sqft
For sale
$15,999,999
19062 76 AVENUE, surrey, British Columbia

19062 76 Avenue

Surrey, British Columbia

**INVESTOR ALERT** - 5 ACRES!!! PRIME LOCATION!!! Situated in a QUIET street in CLAYTON with a PRIVATE BACKYARD. Great opportunity to raise your family on a holding property with potential for FUTURE DEVELOPMENT. This home offers 4,150 sq/ft of living space. 5 bedrooms total (3 OVER-SIZED / MASTER BEDROOMS with ENSUITES and WALK IN CLOSTES FOR ALL!!!) with 1 MASTER BEDROOM ON THE MAIN LEVEL, 4.5 bath, rec room / media room, spice kitchen + LARGE PATIO to sit and enjoy your property. LOTS OF SPACE for PARKING (RV, TRAILERS etc.) Beautiful property - great location / private - close to everything. EASY ACCESS TO: Upcoming sky train Pacific Highway Trans Canada Highway Willowbrook Mall New Regent Road Elementary school (id:48205)

5 Bedroom 5 Bathroom 4150 sqft
For sale
$15,999,999
16685 80 AVENUE, surrey, British Columbia

16685 80 Avenue

Surrey, British Columbia

Primetime Surrey Location! Amazing development opportunity in Fleetwood! This acreage is currently proposed for Mid-Rise Transition on the Fraser Hwy Side (Up to 15 Storeys) with commercial on the ground floor and Low-Rise on the 80th Avenue Side. Property falls under Frequent Transit Network meaning FSR is based off of Gross Land Area. Less than 250 metres from the Skytrain Station. Close to both schools and rec centre. (id:48205)

6 Bedroom 4 Bathroom 2400 m2
For sale
$13,998,888
15121 91 AVENUE, surrey, British Columbia

15121 91 Avenue

Surrey, British Columbia

INVESTORS and DEVELOPERS. 1 acre ( 43,189 sq ft) in Fleetwood Town Center , 5 houses land assembly available . Mid-rise development. 3.25 FAR . Walk to new proposed SkyTrain Station on 152 St and Fraser Highway.Asking price is for all the 5 houses. (id:48205)

4 Bedroom 2 Bathroom 2160 sqft
For sale
$11,800,000
18555 88 AVENUE, surrey, British Columbia

18555 88 Avenue

Surrey, British Columbia

NO CREEK, FLAT 5 acre farm WITHIN SOUTH PORT KELLS PORTION OF THE ANNIEDALE-TYNEHEAD NCP. Existing RA Zoned. The existing farm has about 140-150 Housi Pear(80%) & 20% Twenty Century Pear trees. (more info please refer to the video in the virtual tour). NATURALLY GROWN- NO SPRAY OR CHEMICAL USED. INNOVATED WATER FEED, NO IRRIGATION SYSTEM NEEDED. APPROX. 62 YEARS HOUSE IS A BONUS, NEED WORKS BUT IS LIVABLE. 4 bedrooms + den, 2 full bath. double garage. new exterior paint, 8 years roof. details please refer to PDS in documents. TRANQUIL SETTING BUT EASY ACCESS TO HWY#17 & HWY#1. CLOSE TO ELEMENTARY SCHOOL, LIBRARY, and THE PROPOSED FUTURE HARVIE ROAD/88 AVE COMMERCIAL CORE. ENJOY IT NOW AND DEVELOP IN THE FUTURE. (id:48205)

4 Bedroom 2 Bathroom 1464 sqft
For sale
$10,500,000
19433 71 AVENUE, surrey, British Columbia

19433 71 Avenue

Surrey, British Columbia

FABULOUS INVESTMENT OPPORTUNITY! Come and see this 64,669 sqft property in the Aloha Estates Infill Area Land Use Concept Plan. Great location close to schools, parks, and Willowbrook Mall. This is a chance to be part of a great community. Value is in the land only. (id:48205)

4 Bedroom 3 Bathroom 3864 sqft
For sale
$9,300,000
9095 187 STREET, surrey, British Columbia

9095 187 Street

Surrey, British Columbia

Attention investors Anniedale-Tynehead NCP. Prime 5 acre property with a great 4 bedroom home plus a mobile for rental income while you develop. This property is in a prime location with easy access to HWY 15 Trans-Canada Hwy and 96 Ave making it a prefect location. (id:48205)

4 Bedroom 3 Bathroom 2569 sqft
For sale
$7,998,900
7363 192 STREET, surrey, British Columbia

7363 192 Street

Surrey, British Columbia

Development potential! This is an incredible opportunity to own one of the most desirable pieces of land in the Fraser Valley. Located in the heart of the West Clayton NCP this 1.275 acre lot is the perfect for any builder or investor. There is also a great opportunity to acquire the neighboring property for a total of up to 2.55 acres. Please have your realtor call for details. (id:48205)

3 Bedroom 3 Bathroom 3610 sqft
For sale
$7,998,900
7381 192 STREET, surrey, British Columbia

7381 192 Street

Surrey, British Columbia

Development potential! This is an incredible opportunity to own one of the most desirable pieces of land in the Fraser Valley. Located in the heart of the West Clayton NCP this 1.275 acre lot is the perfect investment for any builder or investor. There is also a great opportunity to acquire the neighboring property for a total of up to 2.55 acres. Please call for details. Incredible house and barn on the property is perfect to live in or rent for the income. Manufactured mobile home not included in the sale. (id:48205)

5 Bedroom 2 Bathroom 2839 sqft
For sale
$5,980,000
19003 88 AVENUE, surrey, British Columbia

19003 88 Avenue

Surrey, British Columbia

Rarely available PORT KELLS beauty of 3.72 ACRES Surrey (with 343' frontage) CLOSE TO Harvie Road commercial core in the SOUTH PORT KELLS LAND USE PLAN with future development potential. EXISTING RA ZONED. DESIGNATED AS SUBURBAN RESIDENTIAL IN THE SOUTH PORT KELLS PLAN. HOUSE WAS BUILT WITH DURABLE & HIGH QUALITY MATERIAL 55 YEARS AGO TO STAND WITH TIME. NEW BUYER COULD USE SOME UPDATES,BRING IT TO THE OLD DAYS GLORY& KEEP ENJOYING THE TRAQUIL LIVING FOR A LONG TIME.Total 6,389 SF offers 6 bedrooms 4 bathrooms with 140 SF Conservatory to showcase your Grand Piano. outdoor tennis course, green green grass with beatiful flowers feel like living in a resort. School Catchment: Port Kells Elementary just across the street & Ecole Salish Sec just 6 minutes drive. BOOK YOUR PRIVATE SHOWING. (id:48205)

6 Bedroom 4 Bathroom 6389 sqft
For sale
$5,500,000
17874 97 AVENUE, surrey, British Columbia

17874 97 Avenue

Surrey, British Columbia

ATTN Investors of Port Kells/Anniedale/Tynehead NCP ...FUTURE INDUSTRIAL DEVELOPMENT SITE. Prime 1 acre corner lot with 2 road frontages. Prime location with easy access to Hwy 1 and Hwy 17, and Golden Ears bridge. Existing home is fully renovated with new flooring, paint, washrooms, kitchen cabinets, countertops, new blinds, etc. Rented to excellent tenants. Tons of parking for RV, storage trailer, and boat. Check with the City of Surrey for future development. DO NOT DISTURB TENANTS. NO WALKING ON THE PROPERTY. (id:48205)

5 Bedroom 2 Bathroom 2600 sqft
For sale
$3,990,000
9911 LYNCEAN DRIVE, surrey, British Columbia

9911 Lyncean Drive

Surrey, British Columbia

Investor and builder Alert!! Very rare rectangular and clean lot, minimal trees and no easement. Close to 1 acre property with 2 level home. OCP zoning allows subdivision. Bonus: potential land assembly with adjacent lots for multifamily rezoning. (id:48205)

3 Bedroom 3 Bathroom 2065 sqft
For sale
$3,688,000
11348 162 STREET, surrey, British Columbia

11348 162 Street

Surrey, British Columbia

Stunning Fraser Heights mansion of masterful design & construction. Majestically sited on a .38 acre lot with 131' frontage this home was custom built with no expense spared! Best of everything including a brick and stone exterior, granite, limestone, Brazilian cherry and wrought iron. Built to entertain 100 people! Great room w/19' ceilings; incredible 23'x19'7 kitchen w/6 burner Viking stove, B/I Miele coffee maker, 3 ovens plus 10'x5' island. French doors lead to 25'x14' outside covered living area. Luxury main floor Master Bed with fireplace, sitting area, & 6 piece spa ensuite! Bright basement is entertainers delight with media room, gym, wet bar + 2 bedrooms! Uber private landscaped back yard w/ 18x39 IG pool & cabana w/ 2pce bath! A/C, 3 car garage & 2 laundries! Trophy Property! (id:48205)

6 Bedroom 6 Bathroom 7630 sqft
For sale
$3,399,000
16452 93A AVENUE, surrey, British Columbia

16452 93a Avenue

Surrey, British Columbia

Welcome to this custom built luxury estate located in the highly sought after neighborhood of Fleetwood. Sitting on 16,465 sq ft of land, this home boasts over 7300 sq ft of floor area and a 700 sq ft triple garage. Enjoy the professionally landscaped garden and backyard oasis equipped with a full size pool & hot tub as well as multiple patio spaces for lounging and hosting friends and family. The inside of the home boasts high ceilings, a grand entrance, main kitchen as well as spice kitchen, theatre room, gym as well as a 2 bedroom suite and option to add another mortgage helper. This home is every entertainers dream and will check all the boxes. Call now to book your private viewing. (id:48205)

5 Bedroom 7 Bathroom 7380 sqft
For sale
$3,299,800
11536 RIVER ROAD, surrey, British Columbia

11536 River Road

Surrey, British Columbia

WOW! This CUSTOM home has it ALL! Exquisitely designed by Vivian Jost Interior Design, this home is geared for multi-generational living. Custom millwork, top-end German appliances, spice kitchen, and a buffet hutch in the dining area makes hosting gorgeous and functional . Not one but TWO master suites are ready for resting, with one master on the main floor. All 6 bathrooms showcase Italian tiles and heated floors, with instant hot water on demand, and built-in steam showers on the upper floor. 1 grand fireplace graces the main living room and a 2nd in the upper flex room complements the wetbar. Fully accessible, you may walk down the staircase beneath the showpiece crystal chandelier, or ride the 3-story elevator in comfort. Registered 2-bedroom legal suite with laundry is also in place (id:48205)

7 Bedroom 7 Bathroom 4832 sqft
For sale
$3,295,000
9093 BUCHANAN PLACE, surrey, British Columbia

9093 Buchanan Place

Surrey, British Columbia

Custom built luxury home with 10 bedrooms and 9 bathrooms on a big 7576 sqft lot. Beautiful kitchen and spice kitchen very open concept. Upstairs 5 bedrooms and 4 bathrooms and big loft. Den & Guest bedroom with walk in closet and full ensuite on the main. 2+2 bedroom unauthorized suites rented and theatre room in the bsmt. Covered Sundeck. High end kitchen aid appliances. Closed to schools and bus route. (id:48205)

10 Bedroom 9 Bathroom 6308 sqft
For sale
$3,274,000
9094 ALEXANDRIA CRESCENT, surrey, British Columbia

9094 Alexandria Crescent

Surrey, British Columbia

Custom Built Luxury Home with 9 Bedrooms & 9 Bathrooms in queen mary park area on a 7663 sqft Lot. Beautiful kitchen with spice kitchen .Main floor has 2 washrooms, high ceilings with open concept living/dinning rooms, large guestroom with ensuite. Upstairs has 4 bedrooms, each has its own ensuite .Downstair has 2 basement suits (2+2) and huge theatre room. Book your appointment now!!! (id:48205)

9 Bedroom 9 Bathroom 5794 sqft
For sale
$3,250,000
14489 105A AVENUE, surrey, British Columbia

14489 105a Avenue

Surrey, British Columbia

DEVELOPMENT OPPORTUNITY! Developer/Investor Alert! Here's a great opportunity to purchase a land assembly in the Guildford-104 Avenue Plan. Indicate low-rise zoning, 4 storeys (potentially 5 storeys) with 1.6FAR. Property can be sold in conjunction with 14457 105A & 14497 105A Ave (See MLS# R2664773). Showing only with accepted offer, selling 'AS IS'. (id:48205)

5 Bedroom 2 Bathroom 2002 sqft
For sale
$3,100,000
11078 136 STREET, surrey, British Columbia

11078 136 Street

Surrey, British Columbia

5 bedroom 3 bath, Nice & renovated home on a huge corner lot. Excellent Land Assembly property, City of Surrey Official Community Plan: Low to Mid Rise up to 2.5 FAR, 4-6 Storey Apartment building potential (Confirm from City of Surrey) Rent now while you wait for Land Assembly eventually. Very central location. Walking distance to both Gateway, Surrey Central Skytrain Station & Surrey Central business district including schools, parks, shopping malls, recreation centre, library, city hall and SFU Surrey campus. (id:48205)

5 Bedroom 3 Bathroom 2286 sqft
For sale
$3,099,999
17079 80 AVENUE, surrey, British Columbia

17079 80 Avenue

Surrey, British Columbia

Great holding property for Investors and/or Developers. This primely located development opportunity is in the highly anticipated Fleetwood Area Plan. The property falls under the Urban Residential designation. Opportunity to build townhomes, rowhomes or duplexes. For more information check with the City of Surrey. Great rental property while you wait. Four bed two bath home with detached garage. This property is less than 1.5KM away from the proposed 166 ST Skytrain Station. Centrally located close to schools, parks, Surrey Sport and Leisure Complex and much more. (id:48205)

4 Bedroom 2 Bathroom 1636 sqft
For sale Open House
$3,048,800
16463 111 AVENUE, surrey, British Columbia

16463 111 Avenue

Surrey, British Columbia

Welcome to 16463 111 Ave, located in the prestigious Hampton woods Fraser Heights community. This corner lot home features 6 Beds, 6 Baths and a fantastic layout, gourmet kitchen, dedicated dining room w/ coffered ceiling, a Family room, high ceilings in the living room and a den/office. 5 Bedrooms upstairs, Huge master bedroom w 5 pieces ensuite bathroom. Fully finished basement perfect for watching movies and gatherings. You do not want to miss out on this one. (id:48205)

6 Bedroom 7 Bathroom 5852 sqft
For sale
$2,990,000
11008 135A STREET, surrey, British Columbia

11008 135a Street

Surrey, British Columbia

Exciting apartment development site comprised of 5 lots in the Bolivar Heights Plan boasting over 1 acre. Less than 1km from Gateway Skytrain Station and minutes of drive to the Central Business district/Surrey Central. This site is transit-friendly and has everyday amenities in nearby shopping nodes. Parks and leisure are abundant nearby. Subject Property has over 317 ft frontage along 135A Street and it's situated on the corner of 135A and 110 Avenue with a back lane providing convenience for construction. With the built form of up to 6 storeys and 2.5 FAR designated for the subject site, this site is a great addition to the community with family-oriented and young professionals looking for a condo-living lifestyle. Call for more info on the site and nearby developments. (id:48205)

3 Bedroom 2 Bathroom 1730 sqft
For sale
$2,990,000
11018 135A STREET, surrey, British Columbia

11018 135a Street

Surrey, British Columbia

Exciting apartment development site comprised of 5 lots in the Bolivar Heights Plan boasting over 1 acre. Less than 1km from Gateway Skytrain Station and minutes of drive to the Central Business district/Surrey Central. This site is transit-friendly and has everyday amenities in nearby shopping nodes. Parks and leisure are abundant nearby. Subject Property has over 317 ft frontage along 135A Street and it's situated on the corner of 135A and 110 Avenue with a back lane providing convenience for construction. With the built form of up to 6 storeys and 2.5 FAR designated for the subject site, this site is a great addition to the community with family-oriented and young professionals looking for a condo-living lifestyle. Call for more info on the site and nearby developments. (id:48205)

3 Bedroom 2 Bathroom 1815 sqft
For sale
$2,990,000
11036 135A STREET, surrey, British Columbia

11036 135a Street

Surrey, British Columbia

Exciting apartment development site comprised of 5 lots in the Bolivar Heights Plan boasting over 1 acre. Less than 1km from Gateway Skytrain Station and minutes of drive to the Central Business district/Surrey Central. This site is transit-friendly and has everyday amenities in nearby shopping nodes. Parks and leisure are abundant nearby. Subject Property has over 317 ft frontage along 135A Street and it's situated on the corner of 135A and 110 Avenue with a back lane providing convenience for construction. With the built form of up to 6 storeys and 2.5 FAR designated for the subject site, this site is a great addition to the community with family-oriented and young professionals looking for a condo-living lifestyle. Call for more info on the site and nearby developments. (id:48205)

3 Bedroom 2 Bathroom 1800 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