Notice: Uninitialized string offset: 19 in /home/natashataylor/public_html/wp-content/plugins/fusion-builder/shortcodes/fusion-table.php on line 119

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.

380 results | Page 15 of 16
12 24 48
Search/Filter Properties


LOADING

For sale
$668,900
103 2960 151 STREET, surrey, British Columbia

103 2960 151 Street

Surrey, British Columbia

Welcome to SOUTH POINT WALK 2! This 2-bed like new condo from award winning developer StreetSide Developments offers all the conveniences of modern living: 9ft ceilings, laminate flooring, shaker style cabinets, pendant lighting, quartz counters, stainless steel appliances, gas range and custom built fireplace. The Primary bedroom offers a large walk-in closet and ensuite w/double sinks. Larger over sized patio, private fenced yard with its own separate entrance to the unit. Amenities include a meeting room w/kitchen, games room w/billiards table, gym, garden plots, playground and bike room. Quick stroll to South Point Mall for groceries, shopping and restaurants. Easy access to transit and highway 99. 2 side by side parking spots, 1 storage locker. (id:48205)

2 Bedroom 2 Bathroom 853
For sale
$668,000
114 2960 151 STREET, surrey, British Columbia

114 2960 151 Street

Surrey, British Columbia

Discover this meticulously maintained 962 sq ft unit featuring 2 bedrooms, 2 bathrooms + den nestled within the thoughtfully crafted South Point Walk community by Streetside Developments in South Surrey. Situated on the main floor, this bright and inviting corner unit with 9ft ceilings offers a spacious and airy ambiance. Unit features a well-appointed kitchen with ample counter space and shaker cabinets, laminate flooring, abundant storage/closet space, separate bedrooms for privacy, and. 62 sq ft covered patio. The primary bedroom includes spacious closet space and and an ensuite with double sinks. South Point Walk offers a range of amenities, including an outdoor space with a shared garden, BBQ area, and fireplace. Inside the clubhouse, residents can enjoy a gym, pool table, and a comfortable lounge equipped with a kitchen and seating area. Walking distance to groceries, shopping, restaurants. Unit comes with 1 storage locker and 1 parking stall. (id:48205)

2 Bedroom 2 Bathroom 962 sqft
For sale
$659,900
102 15392 16A AVENUE, surrey, British Columbia

102 15392 16a Avenue

Surrey, British Columbia

Ocean Bay Villas ground floor condo! New professionally installed and Strata approved laminate floors throughout PLUS new stainless steel appliances in kitchen! AS you walk in you are immediately drawn to the AMAZING living room natural gas fireplace and large windows overlooking an expansive PATIO and outside space with lots of room for Plants, Furniture and a BBQ! Primary Bedroom suite boasts 3 piece ensuite with walk-in shower. Check out the second bedroom has a WALK-IN closet! Open concept living room and dining room with galley style kitchen with solid wood cabinets. Great complex with amazing GYM, and Guest suite available, even a place to wash your car underground, one Parking Place plus storage locker, 2 pets allowed (NO SIZE RESTRICTIONS) Don't miss this one! (id:48205)

2 Bedroom 2 Bathroom 936 sqft
For sale
$659,000
310 15185 22 AVENUE, surrey, British Columbia

310 15185 22 Avenue

Surrey, British Columbia

This spacious two bedroom, two bathroom condo is located in South Surrey's Villa Pacific complex. This well-maintained and managed complex is conveniently located just off of 152nd Street beside school White Rock Christian Academy. With transit access just around the corner, Villa Pacific is a 5 minute drive from grocery stores and all major amenities and a 10 minute drive from White Rock Beach. This beautiful top floor unit features a spacious, updated kitchen, a natural gas fireplace, and a south-facing patio. The kitchen updates include granite countertops and stainless steel appliances. The primary bedroom is very spacious with southern, sunlight exposure and a large ensuite bathroom a bathtub. This pet-friendly condo is located right beside the building elevator. (id:48205)

2 Bedroom 2 Bathroom 962
For sale
$658,800
302 15168 19 AVENUE, surrey, British Columbia

302 15168 19 Avenue

Surrey, British Columbia

The Mint! Immaculate, shows like new! Stunning 3rd floor bright corner suite. Stainless, granite, designer colors! Bonus two parking stalls and locker. Top school catchment. quick possession is possible. All ages and pets welcome! (id:48205)

2 Bedroom 2 Bathroom 867
For sale
$658,000
406 15392 16A AVENUE, surrey, British Columbia

406 15392 16a Avenue

Surrey, British Columbia

This is a stunning 2 bed/2 bath condo in a central location facing south with natural light throughout the day. Enhanced by high ceilings and a freshly painted interior, the ambiance is warm and inviting. The updated kitchen has new countertops, a stylish backsplash, and modern faucets. Newly installed Venetian blinds offer privacy without compromising on light. The bathrooms include new countertops, toilets, faucets, and sinks. Enjoy the expansive balcony with storage is ideal for unwinding or hosting gatherings. The building includes a gym, rental suite, and entertainment room, catering to various lifestyle needs. Don't miss this one! (id:48205)

2 Bedroom 2 Bathroom 910 sqft
For sale
$658,000
403 2950 KING GEORGE BOULEVARD, surrey, British Columbia

403 2950 King George Boulevard

Surrey, British Columbia

Welcome to High Street! The beautiful 2 beds condo on the TOP FLOOR with perfect privacy. Mountain range views & overlooking the shops of High Street that include restaurants, coffee shops, spas, doctors offices, Save on Food, HomeSense & Canadian Tire right outside of the building. Engineered Hardwood floor, Stainless European oven, granite counter tops, Bosch washer & dryer, High-end lighting fixtures, a spa style master bath. 2 PARKING underground, a gym, party room. Private central garden area including fire pit, BBQ for residents only! Must see! Open House May 19 2-4pm (id:48205)

2 Bedroom 2 Bathroom 835
For sale
$649,800
113 15155 22 AVENUE, surrey, British Columbia

113 15155 22 Avenue

Surrey, British Columbia

Quiet Villa Pacific. Sought after 2 Bedroom Corner Garden Suite in Sunny South Surrey. 2 well laid out Decks that lead out to Lush Garden Area. 2 Bathrooms. Bright Kitchen, Fireplace, 1 Parking, 1 Storage. Complex features fitness centre, Amenities Room, Library, Toolshop. Ideally located Property on quiet Cul-d-Sac, with no Thru traffic. Adjacent to Semiahmoo Trail just outside your door for lovely wooded walks. Close to Transport, Shops, Churches, etc. (id:48205)

2 Bedroom 2 Bathroom 1041 sqft
For sale
$649,000
211 15350 16A AVENUE, surrey, British Columbia

211 15350 16a Avenue

Surrey, British Columbia

Welcome to White Rock's popular OCEAN BAY VILLAS! EXCELLENT VALUE for this spacious 2 bedroom, 2 bathroom condo in this desirable well-managed complex. This home is a CORNER UNIT with a very FUNCTIONAL FLOOR PLAN which highlights generous room sizes, 2 ensuite bathrooms, a large, updated kitchen with 2 windows, and a huge unique deck that runs the entire length of the home. Additional features include a roomy, well-appointed entrance, a cozy gas fireplace, updated fixtures, and fresh paint throughout. It also boasts plenty of storage/closet space plus an additional storage locker. Steps from the elevator. SECURED parking. Amenities include a resident caretaker, bike room, GYM, games room and guest suite. PETS WELCOME! EXCELLENT WALK SCORE. A fabulous place to call home!!! (id:48205)

2 Bedroom 2 Bathroom 924 sqft
For sale
$649,000
210 15188 22 AVENUE, surrey, British Columbia

210 15188 22 Avenue

Surrey, British Columbia

If you're looking for a comfy living space with convenient location, look no further than Muirfield Gardens! This charming and commodious unit features two bedroom and den. Almost everything in the unit has been substantially renovated. Paint, flooring, cabinets, granite counters, washrooms, drapes/window coverings, moulding, etc...Appliances are new as well. Enjoy the gas fireplace in the living room during colder months or fire up the bbq and enjoy the breeze on your outdoor balcony! Both bedrooms being situated on opposite sies allows for maximum privacy. Abundant storage within the unit is supplemented by a locker and an 1 underground parking space. This unit is within walking distance to all essentials. NO SMOKING BUILDING, 1 cat or 1 dog 14" at the shoulder as per bylaws. (id:48205)

2 Bedroom 2 Bathroom 1026
For sale
$639,980
306 15392 16A AVENUE, white rock, British Columbia

306 15392 16a Avenue

White Rock, British Columbia

Welcome to Ocean Bay Villas! This rarely available 2BD/2BD upper floor unit features extensive upgrades such as new flooring & paint throughout. This southwest-facing unit is filled tons of w/natural light all day long. The bright & open concept living & dining area seamlessly flows out to a huge balcony facing the courtyard, perfect for morning coffee or family BBQs. The master boasts a spacious walkin closet & ensuite. A generously sized 2nd bedrm & second bathrm w/a standup shower. Gas & hot water included in maint fee. Comes w/2 parking stalls & a large storage locker. A well-maintained complex, conveniently located near shopping, restaurants, hospital & the beach. Bonus No size restrictions for pets! (id:48205)

2 Bedroom 2 Bathroom 900
For sale
$639,900
213 5504 BRYDON CRESCENT, langley, British Columbia

213 5504 Brydon Crescent

Langley, British Columbia

Welcome home this fall to arguably the BEST floor plan in Langley. This 2-bed 2-bath CORNER UNIT is nestled in the Canvas community by the experienced RRG, offering quick access to trails, parks, and Langley's upcoming SkyTrain! Inside, enjoy 828 sf of a FANTASTIC LAYOUT, featuring a bright 9' ceiling, Samsung Appliance Package, modern kitchen with quartz countertops and kitchen island. Plus, there's ample space for separate living and dining. Additional perks include an IN-UNIT STORAGE ROOM, a WALK-IN CLOSET, and a generous BALCONY (see floor plan - it's huge!). Upgrades include an EV Ready Stall with charging station & laminate in bedrooms. This unit is as close as it gets to a perfect condo: bright - spacious - and a very comfortable layout. You don't want to miss it! (id:48205)

2 Bedroom 2 Bathroom 828 sqft
For sale
$629,000
113 15150 29A AVENUE, surrey, British Columbia

113 15150 29a Avenue

Surrey, British Columbia

This attractive home boasts an open floor plan, perfect for entertaining, with rarely available cross unit bedrooms. Year round use of the large partially covered patio (23'6"x14'2") offers almost 335 sf of extra living space with access from both the living room and the primary bedroom. Recent renos ($35K) include vinyl plank flooring, paint, new ensuite w/soaker tub, professional closet organizers with drawers, 7'6"x5' closet, lighting, and more. Sands 2 is a very desirable complex with indoor car wash, woodwork/hobby room, library, party room, wide hallways and outdoor seating set amongst beautiful landscape and foliage. Downsizing? New family? Perfect! Walk to shopping, restaurants & nature. Fast access to Hwy 99. Easy to show. (id:48205)

2 Bedroom 2 Bathroom 955 sqft
For sale
$625,000
203 15188 29A AVENUE, surrey, British Columbia

203 15188 29a Avenue

Surrey, British Columbia

Welcome to South Point Walk. This 2-bedroom, 2-bathroom condo features a spacious kitchen with an oversized island, quartz countertops, stainless steel appliances and gas stove. The primary bedroom has a beautiful ensuite with heated floors. Conveniently located just a 5-minute walk from transit, shops, restaurants and more. The well-maintained building features a club house, exercise room, and sundeck area. (id:48205)

2 Bedroom 2 Bathroom 815 sqft
For sale
$624,900
104 15270 17 AVENUE, surrey, British Columbia

104 15270 17 Avenue

Surrey, British Columbia

This delightful NE facing 1300 sqft ground floor unit beckons you to embrace a lifestyle of comfort and convenience. Step out onto your private patio, perfect for nurturing your green thumb or relishing morning coffee. Featuring laminated flooring, California shutters, stainless steel appliances, and fresh paint, this unit radiates pride of ownership. Crown molding adds a touch of elegance to the spacious living room adorned with expansive windows. Conveniently situated within 1/2 block of Semihamoo Mall, dining options, a senior center, and more. Enjoy easy transit access to Hwy 99 and the border. Vacant and ready for a quick possession. Don't miss this opportunity in a 55+ building that exudes pride of ownership. Strata fee covers cable, heat, water, and more. (id:48205)

2 Bedroom 2 Bathroom 1308 sqft
For sale Open House
$619,000
107 2151 151A STREET, surrey, British Columbia

107 2151 151a Street

Surrey, British Columbia

Kumaken Apartments: Built by reputable Dawson Sawyer. This gated community, nestled in tree line boulevards, is situated next to Semiahmoo Heritage Trail. This is the first time this building is offered for sale to the public! Up to 9 foot ceilings with spacious layouts, oversized windows, full sized appliances, in-suite washer/dryer, walk-in closets, with large covered decks on the upper floors & private yards on the main floor. Located in Semiahmoo Secondary catchment ( IB Program ). 2 Parking & 1 Storage. OPEN HOUSE: SAT, JUNE 1st 10:30am - 12:30pm (id:48205)

2 Bedroom 2 Bathroom 1022 sqft
For sale
$619,000
201 2828 152 STREET, surrey, British Columbia

201 2828 152 Street

Surrey, British Columbia

Welcome home to this top floor, corner unit, self contained suite that feels like a townhouse. Vaulted ceilings and large windows allow ample light to permeate the living space. Large bedrooms with ensuite and walk in closet in the master. Centrally located steps to shops and restaurants with public transit at your fingertips. Great investment opportunity as there are no short term rental restrictions. Pets allowed. This home is virtually open at all times. Contact your realtor for more info. (id:48205)

2 Bedroom 2 Bathroom 950
For sale
$618,800
110 13959 16 AVENUE, surrey, British Columbia

110 13959 16 Avenue

Surrey, British Columbia

This is your dream home. Ground floor unit with spacious living area. Step inside to discover a bright, open concept design. The large master bedroom includes a walk-in closet. 2 bedrooms, 2 bathrooms, 1 kitchen and 1 loundry room. Exterior is completely rain-screened with updated roof, windows, exterior doors. White Rock Village II is part of an adult-oriented community, those aged 55 and above. Walking distance to beach, close to transportation and shops.It offers exceptional value in the area. 1 parking stall, 1 storage locker, No pets, No smoking. Quick possession possible. Book an appointment for a showing today. (id:48205)

2 Bedroom 2 Bathroom 1227 sqft
For sale Open House
$605,000
108 2151 151A STREET, surrey, British Columbia

108 2151 151a Street

Surrey, British Columbia

Kumaken Apartments: Built by reputable Dawson Sawyer. This gated community, nestled in tree line boulevards, is situated next to Semiahmoo Heritage Trail. This is the first time this building is offered for sale to the public! Up to 9 foot ceilings with spacious layouts, oversized windows, full sized appliances, in-suite washer/dryer, walk-in closets, with large covered decks on the upper floors & private yards on the main floor. Located in Semiahmoo Secondary catchment ( IB Program ). 2 Parking & 1 Storage. Photos from unit 208. OPEN HOUSE: SAT, JUNE 1st 10:30am - 12:30pm (id:48205)

2 Bedroom 1002 sqft
For sale
$599,999
411 3535 146A STREET, surrey, British Columbia

411 3535 146a Street

Surrey, British Columbia

Welcome to Forest Ridge, the new standard of living in South Surrey / White Rock. This building is located near King George Hwy / Hwy 99 and close to your favourite shops, grocery stores & restaurants. Walking distance to the beautiful Elgin trail and minutes away from Crescent Beach and White Rock. This condo offers luxurious living with high end appliances from Samsung, heated floors in the washroom & A/C units in the living room & the bedroom. The solarium has a natural gas line for a BBQ connection which can be used year-round. This unit is in building C which offers an exercise room on the 1st floor & has its own dedicated parkade & garbage pickup in P1. The parkade & garbage are not shared with Building A & B. There are 2 parking stalls available, including high speed EV plug. (id:48205)

1 Bedroom 1 Bathroom 644
For sale
$599,800
515 20695 EASTLEIGH CRESCENT, langley, British Columbia

515 20695 Eastleigh Crescent

Langley, British Columbia

Welcome to EASTLEIGH, BRAND NEW 2BEDS/BATHS condo with a 2/5/10 warranty in close proximity to Langley Downtown. It is located within a walking distance to shopping, parks, schools, restaurants, university and to the upcoming future SkyTrain station. Very functional floor-plan with generous size bedrooms with a walk- in closet, large in-suite storage, 9' ceiling heights,"Smart Meter" technology and rough in provided for air conditioning. Upscale design details throughout with luxurious millwork, s/s appliances and HUGE balcony facing the playground has a lot to offer. Indoor amenities feature a multi-purpose room ideal for work and gatherings, outdoor amenities include a kids play area, green space, seating and gardening pots. Call Today to book and appointment ! (id:48205)

2 Bedroom 2 Bathroom 821
For sale Open House
$599,000
206 2151 151A STREET, surrey, British Columbia

206 2151 151a Street

Surrey, British Columbia

Kumaken Apartments: Built by reputable Dawson Sawyer. This gated community, nestled in tree line boulevards, is situated next to Semiahmoo Heritage Trail. This is the first time this building is offered for sale to the public! Up to 9 foot ceilings with spacious layouts, oversized windows, full sized appliances, in-suite washer/dryer, walk-in closets, with large covered decks on the upper floors & private yards on the main floor. Located in Semiahmoo Secondary catchment ( IB Program ). 2 Parking, 1 Storage. OPEN HOUSE: SAT, JUNE 1st 10:30am - 12:30pm (id:48205)

2 Bedroom 2 Bathroom 1004 sqft
For sale
$599,000
106 15272 20 AVENUE, surrey, British Columbia

106 15272 20 Avenue

Surrey, British Columbia

Welcome Home ! Quiet, friendly and well cared for, Windsor Court in Sunny South Surrey is within walking distance to schools, parks, shopping, restaurants, transit, & a short drive to the famous White Rock Beach! Meticulously maintained, this beautiful ground floor oasis is sparkling clean & move in ready! Newly updated kitchen adds a modern touch with white cabinetry, quartz countertops, stainless appliances, walk in pantry & barn door. HUGE primary bedroom w/spa inspired ensuite & soaker tub, den/2nd bedroom has a closet, no window. The spacious living room has a gas fireplace with corner windows & beautiful designer blinds, for soft natural light. Laundry room w/full size W/D & storage.*BONUS -Walk out to private 300 sqft garden patio, great for BBQ's, outdoor relaxation & entertaining! (id:48205)

2 Bedroom 2 Bathroom 1085 sqft
For sale
$589,900
103 2855 152 STREET, surrey, British Columbia

103 2855 152 Street

Surrey, British Columbia

WALK OUT END UNIT at centrally located & family oriented TRADEWINDS! This bright & sunny South West corner unit lets you enjoy access to the huge grassy area from your garden patio. Very functional layout 2 Bedrooms/2 Full Baths/Gas Fireplace (included in monthly strata fee)/Wrap around windows and has updated laminate flooring. Fabulous floor plan with spacious bedrooms that are at a distance to each other adding more privacy for the occupants. Newer clothes washer, clothes dryer & hot water tank. Convenient location with transit right outside, park & ride close by, walk to restaurants & shops,5 min drive to White Rock Beach and easy access to the freeway! Rentals allowed. No age restrictions! Yes, it's in the Semiahmoo High School IB catchment! (id:48205)

2 Bedroom 2 Bathroom 970 sqft
Your Favourites

 

No Favourites Found

 

    *Your information will never be shared with any third party.
  • This field is for validation purposes and should be left unchanged.

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