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South Surrey Homes for Sale

South Surrey BC real estate in places like Morgan Creek, Crescent Beach, Elgin Chantrell, Hazelmere, and the King George corridor have a lot to offer home buyers. For many, South Surrey is considered to be the upper class or high-end community of Surrey, British Columbia. Here you can find plenty of new South Surrey townhouses for sale and condos for sale, as there are lots of new development and growth in the area. South Surrey is also known for that fact that it receives about 52 more days of sunshine a year in comparison to other upper class real estate areas in the Greater Vancouver and Lower Mainland areas. Contact our Sutton Realty agent Natasha Taylor of the Taylor Team at 1-778-316-4290 if you have any questions about condos, townhomes, and detached homes for sale in South Surrey BC.

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For sale
$1,595,000
1086 163A STREET, surrey, British Columbia

1086 163a Street

Surrey, British Columbia

RANCHER ALERT!! This 3 bedroom, 2 bath in McNally Creek has been tastefully renovated and has it all. Gourmet Chef's kitchen, high quality appliances, craftsman cabinetry and finishings throughout. Open floor plan that leads to a beautifully landscaped rear yard with Trex decking & slate patio plumbed for a fire pit. The mechanical was recently updated and ready to add a heat pump if desired. The 3rd bedroom has been converted to a large walkin closet off the primary bedroom that can be changed back. Perfect for first time purchaser or smart sizer. Don't miss out! (id:48205)

3 Bedroom 2 Bathroom 1739
For sale Open House
$1,588,000
14635 36B AVENUE, surrey, British Columbia

14635 36b Avenue

Surrey, British Columbia

A beautiful house in Anderson Walk - located in a highly sought out family community. Spectacular views of North Shore Mountains and the Nicomekl River runs in the back. This home has 6 bedrooms + 5 bathrooms including a full-finished basement featuring its own separate entrance. Spacious, bright kitchen offering upgraded stainless steel appliances, 5 burner gas stove, b.i. oven & microwave, quartz countertops, and new air-conditioning. Central Location, Semiahmoo School District, walking distance to elementary school, few minutes drive to Beach, Grandview shopping, and US Border. Must see! (id:48205)

6 Bedroom 5 Bathroom 3386
For sale
$1,588,000
2560 128 STREET, surrey, British Columbia

2560 128 Street

Surrey, British Columbia

Beautiful, detached home in Ocean Park, within walking distance to Crescent Beach. Crescent Park is right at your doorstep. The high quality of construction is clearly visible. The house is in immaculate condition. Main floor has an open, floor plan with 10 foot ceilings, hardwood floors and a gas fireplace. The kitchen boasts high-end cabinetry, gas stove and granite countertops. Access to the private garden is off the main floor where you can enjoy the morning sun. Two, large bedrooms upstairs, each have their own ensuite. Downstairs is a large rec room and a third bedroom and bathroom. Additional storage above garage. You can't beat this location. (id:48205)

3 Bedroom 4 Bathroom 2137
For sale
$1,550,000
14539 16 AVENUE, surrey, British Columbia

14539 16 Avenue

Surrey, British Columbia

Developer/Investor Alert! Development potential (Duplex or coach house or Mixed Use Zoning) check with City of Surrey. Build your dream house on large level lot with laneway access & ocean views. Close to recreation, transit, Semiahmoo Mall and restaurants. Renovations include windows, floor, paint, Hot water tank, washroom and much more. Previously rented for $4100/month. (id:48205)

4 Bedroom 3 Bathroom 2376
For sale
$1,538,888
1898 128A STREET, surrey, British Columbia

1898 128a Street

Surrey, British Columbia

This charming rancher is located in the highly desirable Ocean Park area and features three bedrooms and two bathrooms. This home boasts plenty of natural light and airy spaces, making it perfect for entertaining guests. The property also includes a crawl space, an over-height garage with ample parking, a large family room, living room and dining area. The very private backyard is generously sized, making it an ideal spot for outdoor activities and family gatherings. Amazing location close to parks, beach, Ocean Park shopping area, and library. Fabulous schools including Ècole Laronde are all within walking distance. Don't miss out on the opportunity to make this perfect family home in a quiet cul de sac your own! (id:48205)

3 Bedroom 2 Bathroom 1518
For sale
$1,529,000
3699 NICO WYND DRIVE, surrey, British Columbia

3699 Nico Wynd Drive

Surrey, British Columbia

Welcome to the Lower Mainland's best kept secret, NicoWynd Estates. Unlimited golf awaits you is this fully renovated 2 level corner townhouse. Boasting all new engineered hardwood flooring, Starline double & tripled glazed windows, ultimate 80,000 BTU fireplace & convector wall heaters. This high end open plan is perfect for entertaining, including a premium equip kitchen with quartz countertops & sit up bar.Enjoy the sun soaked SW patio with golf course view. New reno, incl. a designer California Closet dressing room, high end berber carpet on 2nd level & glass partition staircase.Energy efficient living. Ownership incl. 2 golf memberships, club house pool&hot tub, tennis/pickleball courts,private marina,amazing restaurant with live music&entertainment. Enjoy active living at its best. (id:48205)

3 Bedroom 3 Bathroom 2252
For sale
$1,500,000
12234 GILLEY STREET, surrey, British Columbia

12234 Gilley Street

Surrey, British Columbia

Nestled within the coveted embrace of Crescent Beach, this charming bungalow offers a rare opportunity for sea side living. Situated on a 50 x100 southwest-facing lot, enjoy ample sunlight throughout the day. With visions of crafting your ideal future forever home, in the meantime enjoy the iconic pink palace of Crescent Beach. The current bungalow boats just over 1000 square feet of open airy space, accompanied by 3 cozy bedrooms. This strategic investment promises both immediate enjoyment and long-term value appreciation. Embrace what one of the quietest streets in the village can offer, along with one the most sought out backyard exposures one could ask for. Call today and take advantage of coastal living and seize the opportunity to make your mark on Crescent Beach ! (id:48205)

3 Bedroom 1 Bathroom 1078
For sale
$1,499,000
12192 GARDINER STREET, surrey, British Columbia

12192 Gardiner Street

Surrey, British Columbia

Nestled in Crescent Beach, this vintage 1950s bungalow radiates coastal charm. With three bedrooms and one bath, this cottage, set on a sturdy perimeter foundation, is an ideal blend of history and modern comfort. Step inside to discover a sunlit large living space adorned with a natural wood burning fireplace, large ample windows, perfect for relaxing and enjoying the ocean breeze. The kitchen, retaining its original character, offers a functional layout for culinary endeavors, while the adjacent dining area is ideal for intimate gatherings. Located in a coveted area, this bungalow offers more than just a home; it offers a lifestyle. With Crescent Beach just steps away, enjoy sandy shores, walking trails, and vibrant local amenities. Don't miss your chance to own this piece of Heaven. (id:48205)

3 Bedroom 1 Bathroom 947
For sale
$1,499,000
1911 160 STREET, surrey, British Columbia

1911 160 Street

Surrey, British Columbia

You'll love the charm of this impeccably renovated rancher, conveniently located just minutes from White Rock Beach and Morgan Crossing's bustling shops. With its quaint river rocks and stamped concrete pathways, the exterior radiates cottage-style allure, complemented by lush landscaping featuring mature shrubs and blossoms-a true delight for any gardening enthusiast. Inside, discover an oasis of elegance showcasing gleaming hardwood floors, tasteful designer paints, and deluxe amenities like programmable heated tile flooring in key areas. From quartz countertops to crown moldings, every detail exudes sophistication. Ample parking options, close proximity to schools, transit, and easy freeway access make this the move-in-ready gem you've been searching for. Open House May 18 2:00-4;00pm (id:48205)

3 Bedroom 2 Bathroom 2032
For sale Open House
$1,499,000
2243 MADRONA PLACE, surrey, British Columbia

2243 Madrona Place

Surrey, British Columbia

This home is priced to sell! Welcome to this spacious, inviting 3 bed, 2 bath rancher, nestled in the heart of South Surrey. Situated on a nearly 8,000 sf lot, boasting a linear, W-facing backyard that offers optimal privacy and features a large, covered 32x12 patio, ideal for entertaining. This residence serves as the perfect family home or an excellent investment opportunity. The property is meticulously maintained, showcasing Brazilian hardwood floors & recent updates include a modern en-suite, updated fridge, W/D, hot water tank and 10-year-young roof. Additionally, the home has been enhanced with upgraded French doors and a refreshed back deck, adding to its charm & appeal. Mins. to all amenities inc. Jessie Lee Elem. & Earl Marriott Sec., all shopping, public transportation, & parks. (id:48205)

3 Bedroom 2 Bathroom 1650
For sale
$1,499,000
1981 158A STREET, surrey, British Columbia

1981 158a Street

Surrey, British Columbia

This lovely home, on a fantastic street in a great area could be yours! Offering 1970 sq ft, on a private 7253 sq ft lot w/ a 2 bdrm mortgage helper! The stunning renovated white kitchen, has an island prep space w/ seating for 2 & beautiful S/S appliances incl gas range. Primary suite has a 4 pc ensuite & his & hers closets. There are 2 additional well sized bdrms on the main flr & another 4 pc bath! Step out to the upper deck & look at your private yard where you will be able to harvest your fruit from the raspberry, blueberry & plum trees! Head down to the 2 bdrm suite w/ separate patio outdoor space. Roof (7 yrs), new HWT, freshly painted suite some bthrm updates & more! Shopping & conveniences are all around you w/ Peninsula Village, Semiahmoo & Morgan Crossing a mere minutes away! (id:48205)

5 Bedroom 3 Bathroom 1970
For sale
$1,491,000
12748 16 AVENUE, surrey, British Columbia

12748 16 Avenue

Surrey, British Columbia

Located in the Heart of Ocean Park! 4 bed 3 bath home on a 5000 sqft lot. Solid home perfect fro renovating. (id:48205)

3 Bedroom 3 Bathroom 2533
For sale
$1,488,000
1163 KING GEORGE BOULEVARD, surrey, British Columbia

1163 King George Boulevard

Surrey, British Columbia

This one's a 10! Large rancher in McNally Creek / South Meridian area. Spotless condition, shows like new. 1935 sq ft of one level living on a private 7200 sq ft private fully fenced lot with easy access to Hwy 99, Border Crossing, and beach. Three bedroom, 2 bath 2 cozy fireplaces, spacious family room, and bright and light exposure. Upgrades include Furnace, Roof, appliances, flooring, and more. Mobility not a problem here as home is ideal for handicapped owners or family members. Gardeners paradise in the rear yard. Pride of ownership abound from long term owners, move-in ready condition in fabulous area. Easy to show and flexible dates available. (id:48205)

3 Bedroom 2 Bathroom 1935
For sale
$1,450,000
12893 MARINE DRIVE, surrey, British Columbia

12893 Marine Drive

Surrey, British Columbia

Welcome to the wonderful community of Ocean Park! Located on the quiet end of prestigious Marine Drive, this ideal family home includes 5 beds and 3 full baths w 9' ceilings. The main floor features large south exposed windows and expansive south / west deck exposure with tons of light and sunshine. 3 bedrooms, including the primary with ensuite, as well as the kitchen w gas, dining and family room. The lower floor features the entrance, two bedrooms and rec room, which is ideal for teens, extended family or possible suite potential. Parking for 4 cars. Enjoy the short walk to Kwomais Park, Starbucks, Safeway and all of the quaint shops of Ocean Park Village. 5 minute drive to White Rock and Crescent Beaches! (id:48205)

5 Bedroom 3 Bathroom 2702
For sale
$1,450,000
1560 160A STREET, surrey, British Columbia

1560 160a Street

Surrey, British Columbia

Charming rancher located on a quiet cul-de-sac in a very desirable neighbourhood. Open floor plan from kitchen with vaulted ceiling, dining room and living area with a cozy gas fireplace. Huge primary bedroom with tons of natural light overlooking the backyard oasis.Primary comes with a 2 piece bathroom. 2 more bedrooms (one has no closet). Sundeck off the kitchen for those summer bbq's and a beautiful backyard. This property is perfect for first time buyer, investor or builder. Great location close to Peace Arch Hospital, shops, transit, schools. Only 5 mins by car to the beach. (id:48205)

3 Bedroom 2 Bathroom 1386
For sale
$1,449,000
2129 BOWLER DRIVE, surrey, British Columbia

2129 Bowler Drive

Surrey, British Columbia

Solid Rancher in great central South Surrey location. First time on the market this home and property is not to be missed. Extremely well cared for and nestled nicely on a 9,400 sqft lot with sunny southwest facing backyard. Functional spacious layout offering large living room with cozy gas fireplace. Adjoining family room that steps out to huge covered fully heated solarium. 3 bed 2 bath with oversized primary bedroom. So many extras here with detached wired workshop that could also serve as a garage. Garden shed in lovely manicured back yard . Plenty of room in driveway to park RV or store your boat. Ideal for first time home buyers or holding property for future new build. Bring your ideas, truly a beautiful property with so much potential. Book your private viewing today! (id:48205)

3 Bedroom 2 Bathroom 1675
For sale
$1,449,000
15361 20 AVENUE, surrey, British Columbia

15361 20 Avenue

Surrey, British Columbia

Don't miss this opportunity! This beautiful 8,100 square foot lot is the perfect place to build your brand new family home. Nestled within Semiahmoos Town Centre, the proximity to top of the line amenities is unbelievable. Close to the beach, South Surrey Athletic Park, the Shops at Morgan Crossing, amazing restaurants, tons of trails and parks, the US Border (Cheap gas prices!) and so much more! This amazing property boasts a charming 3 bed and 1 bath home which gives you the ability to receive monthly rental income while you get your building plans ready. Book your private tour today! (id:48205)

3 Bedroom 1 Bathroom 954
For sale
$1,445,000
2996 MCBRIDE AVENUE, white rock, British Columbia

2996 Mcbride Avenue

White Rock, British Columbia

Discover coastal living with this cute loft home located 2 blocks from the sun-soaked sands of Crescent Beach. Located in a quiet neighborhood this home boasts quick access to the beach, numerous dining establishments, one-of-a-kind boutiques, the vibrant local scene, and a very short walk to Sullivan Point Park, Wickson Pier, and Crescent Beach Point. The main floor's open layout has a well-appointed kitchen, an intimate dining alcove, and a cozy seating area. The secluded patio is a great spot for morning coffees, alfresco dining, or unwinding amidst the invigorating sea breeze. (id:48205)

1 Bedroom 1 Bathroom 753
For sale
$1,430,000
1272 163A STREET, surrey, British Columbia

1272 163a Street

Surrey, British Columbia

Welcome to this magnificent absolutely stunner one of a kind rancher home. This beautiful completely updated home with HIGH END REMODEL THROUGHOUT THE ENTIRE HOME features 3 spacious rooms and 2 full bathrooms along with a gourmet kitchen with brand new integrated appliances and Fulgor gas Stove perfect for entertaining your guests. OVER 1600 SQFT renovated double car garage and a private back yard! Beautiful luxurious finish ing's throughout the entire home will have you blown away. This home is conveniently located as it's minutes away from Peace Arch Hospital , White Rock Centre, restaurants, grocery stores all major highways and just steps away from all levels of schools, shops, restaurants, bars, pubs, parks and transit route buses. Come and see it before it's gone! (id:48205)

3 Bedroom 2 Bathroom 1651
For sale
$1,425,000
16352 10TH AVENUE, surrey, British Columbia

16352 10th Avenue

Surrey, British Columbia

Build your dream home on this expansive lot in coveted South Surrey neighbourhood. Just a short walk to White Rock's East Beach, famous waterfront ocean promenade, iconic pier and seaside strip of shops and restaurants. Only 2 minutes from highway 99 and US border make for easy commuting and travels. The value of this property is in the land. Be sure to check this one out! (id:48205)

2 Bedroom 1 Bathroom 943
For sale Open House
$1,399,000
3723 NICO WYND DRIVE, surrey, British Columbia

3723 Nico Wynd Drive

Surrey, British Columbia

Wonderful Lifestyle Home 3723 Nico Wynd. Very bright living space. 2310 SF /2024 reno. Vaulted Ceilings, Main floor 1325 SF Formal dining, Living rm & Family rm. 2 Nat gas fireplaces on main. White Kitchen, large Island, eating area w/ fenced enclosed courtyard ,perfect for pets. Off the living rm Very Private Sun Deck faces South 414 SF w/South/East orientation Space for large seating area & outdoor dining- no units looking in at you, really private. Above - upstairs 985 SF 2 New bathrms, large walk in closet in Primary Bedroom second bedrm & office or 3rd Bedrm. This Peaceful End Unit Sides onto the large manicured greenspace and Cul de Sac. Full Double Garage and storage area. Long Driveway accommodates 4 cars. Amenities: Nico Wynd Ownership comes w/ 2 Golf Course memberships- Enjoy Clubhouse w/ licensed dining. Tennis Courts, Pickle Ball, Indoor Pool & Gym, boat moorage .Abundant Parklands incl: Walking Path along the Nicomekl River. Digital Brochure ,Strata Pkg Video & floor Plan available. (id:48205)

3 Bedroom 3 Bathroom 2310
For sale
$1,399,000
2760 MCBRIDE AVENUE, surrey, British Columbia

2760 Mcbride Avenue

Surrey, British Columbia

Discover the allure of seaside living with this character-filled cottage in Crescent Beach. Nestled on a spacious 50x 120 lot, this quaint property presents a prime opportunity for future development. Embrace the crescent beach lifestyle while envisioning your dream home on this coveted piece of land. With its desirable location and only a stones throw away from the beach, this offers great potential for transformation. This property invites you to create your own slice of paradise by the sea. Don't miss out on this rare chance to build your Dream home in one of South Surrey's most sought-after neighborhoods. Call today to book your private tour. (id:48205)

3 Bedroom 1 Bathroom 930
For sale
$1,349,800
861 166 STREET, surrey, British Columbia

861 166 Street

Surrey, British Columbia

Fantastic location of South Meridian offering stunning views of Mt. Baker! Sunny WEST Backing Rancher with all new renovations! 3 bedroom 2 bathroom, just over 1650 sqft of one-level living space ready for your enjoyment! Just a short stroll to White Rock Beach or pack your clubs and go play 18 holes at The Hills at Peace Portal just 2 mins away. You'll love the renovations just finished with all new oak coloured wide plank vinyl flooring, new mouldings, new carpet in bedrooms, fresh designer paint and the all new Stainless appliance package just installed. A great layout offering a separate living/dining area plus a cozy family room off the rear, both having gas fireplaces. A nice covered patio out back and a perfect sized yard to garden in or just enjoy a sunny afternoon. Call Today! (id:48205)

3 Bedroom 2 Bathroom 1655
For sale
$1,349,000
12612 26 AVENUE, surrey, British Columbia

12612 26 Avenue

Surrey, British Columbia

This inviting and bright, 4 bed, 3 bath home with 2,192 sq.ft of interior living space plus large private sunny garden on a south facing corner lot on quite roads is located in the highly desirable Crescent Heights neighbourhood. Within walking distance to Crescent Beach, Cresent Park, and coveted Crescent Park Elementary & Elgin Park Secondary schools, it includes a fire pit for evening entertaining plus a newly replaced deck. High quality craftsmanship throughout the living space with recent upgrades including a fully renovated kitchen, flooring, new roof, and much more! As a bonus, this home also offers a 1 bed + den SUITE POTENTIAL, with no strata fees being a ½ duplex. Call today to book your private viewing! (id:48205)

4 Bedroom 3 Bathroom 2192
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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

South Surrey

South Surrey’s real estate market is currently a seller’s market with plenty of buyers eager to get into some of the city’s greatest neighborhoods. The residential combined benchmark price has increased by 55.5% for the South Surrey/White Rock market over the last 5 years. Detached houses in South Surrey/White Rock have seen the 5-year increase in benchmark price, at 34.5%.

Neighborhoods in

South Surrey

Our South Surrey real estate team, can help you locate South Surrey homes for sale in such esteemed neighborhoods such has Morgan Creek, Elgin Chantrell, Ocean Park, Crescent Beach, the King George Corridor, plus some of the newer areas of Grandview Corners and Pacific Douglas. With an unprecedented amount of residential and commercial growth, South Surrey BC real estate is more in demand than ever, especially with White Rock beach being just a couple minutes away.

map of clodverdale neighborhoods

Amenities in

South Surrey

What attracts families to South Surrey? South Surrey School catchments are some of the most elite in all of the Lower Mainland. There is plenty of public transportation in these areas that can even get you into downtown Vancouver via a comfy bus ride with upgraded cloth seating. The freeway is located just a 3-minute drive from most South Surrey condos for sale and you can get to either Downtown Vancouver within 45 minutes or to the Peace Arch Canada/US Border to do some shopping or save on some gas.

South Surrey is well-known for having some of the nicest parks and recreational facilities in Surrey. Whether you’re looking to spend the afternoon on the beach, walking through nature parks, or working out in state-of-the-art recreational facilities, South Surrey has it all.

  • Morgan Creek Park
  • Rosemary Heights Park
  • Crescent Beach
  • Dogwood Park
  • Bayview Park
  • South Surrey Athletic Park

South Surrey has some of the most elite educational institutions in Western Canada. With some of the most sought-after private schools located in this town, the educational opportunities here are bar none.

  • Southridge Senior Secondary (Private)
  • Sunnyside Elementary School
  • Morgan Creek Montessori
  • White Rock Christian Academy
  • South Surrey White Rock Learning Centre
  • Star of the Sea School (Private)
  • Chantrell Creek Elementary

Shopping is an important pastime in South Surrey. With some of the top brands with outlet stores and flagship retail locations in South Surrey.

  • The Shops at Morgan Crossing
  • The Shops at High Street South Surrey
  • Semiahmoo Shopping Centre
  • Windsor Square Shopping Centre
South Surrey has been undergoing significant transportation upgrades from roads, highways, and public transportation options.

  • Taxi Services
  • South Surrey Park & Ride
  • Translink
  • Uber

Economic Stats for

South Surrey

With a strong understanding of the economic future of South Surrey you’re better positioned to make an informed decision on your real estate investment. It is important to completely understand the population growth trends, core economic drivers, and essential costs of living in South Surrey.

South Surrey’s population has experienced significant growth over the last several years. Between 2011 and 2016, the population of South Surrey grew by 12%. This is slightly faster growth than the rest of Surrey.

The household incomes in South Surrey are well above the national average. With an average family income of $115,000, South Surrey is one of the highest income-producing towns in the province.

Real estate prices in South Surrey vary greatly depending on the neighbourhood. It’s important to not just consider price when purchasing a property.

South Surrey May 2021 Price Three Year % Change
Detached House $1,731,600 16%
Townhouse $805,000 16.7%
Apartment/Condo $565,000 8%

(From MLS® Home Price Index – Fraser Valley Real Estate Board May 2021.)

 

Residential Property Tax Rate for South Surrey from 2018 to 2020
Year Muni. Rate Edu. Rate Total Rate
2020     0.188%     0.122%       0.345%
2019     0.175%     0.113%       0.319%
2018     0.180%     0.116%       0.326%

In order to make a wise real estate investment, it is important to understand the primary economic drivers of the town. South Surrey has a strong economy with plenty of high-income residents.

Retail has always been an extremely strong economic driver in South Surrey. Many of the residents commute into tech, medical, and finance jobs in downtown Vancouver.

Rental Potential in

South Surrey

As a city that has exploded in popularity over the past decade, South Surrey is a key market any savvy real estate investor should be informed on. There is plenty of opportunity for further appreciation in South Surrey.

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 South Surrey, you can expect to pay around 0.34% 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.

With such low vacancy rates in South Surrey, real estate investors are able to rest easy knowing their property will easily find a renter, assuming the property is marketed at fair market rates.

Monthly rents will vary greatly depending on the location and quality of the home. While these estimates will help you understand the general pricing, its best to speak with a professional real estate agent or property management company to get the most accurate rental rates for your property.

Estimated Monthly Rents:

1 Bedroom – $1,400 – $1,700 per month

2 Bedroom – $1,600 – $1,900 per month

3 Bedroom – $2,400 – $4,700 per month