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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
$2,288,000
16067 14 AVENUE, surrey, British Columbia

16067 14 Avenue

Surrey, British Columbia

6 bedroom and 6 bathroom including a 2 bedroom rental unit home located in a quiet and safe neighborhood. This custom built house offers a bright living room with high ceiling; family room with towering ceiling open to the second floor and access to your covered patio. Beautiful kitchen with island, granite, stainless steel appliances and opens up to large family room with bar. Additional wok kitchen on main level. 9' ceilings heights on Second floor features 4 bedroom with 3 bathroom and bonus attic off the primary bedroom, Huge balcony overlooking private backyard and mountain view. Forced air heating, A/C Roughed in. Close to the shopping mall, amenities and schools. Walking distance to beach. (id:48205)

6 Bedroom 6 Bathroom 3680
For sale Open House
$2,286,780
13383 14A AVENUE, surrey, British Columbia

13383 14a Avenue

Surrey, British Columbia

This custom built luxurious rancher and loft is located in the heart of Marine Terrace with peek-a-boo ocean view. With three bedrooms plus den, the home is very bright and spacious with many skylights. Features include French doors, slate flooring, granite counter tops and en-suite bathroom with heated floor. Large finished workshop and tool shed. The lot is very large with only one neighbor. The home is very well-maintained by the tenant.School catchments are Ray Shephard and Elgin. (id:48205)

3 Bedroom 3 Bathroom 2897
For sale
$2,258,000
16329 8 AVENUE, surrey, British Columbia

16329 8 Avenue

Surrey, British Columbia

This exceptional custom home has exquisite craftsmanship and premium features. The well-designed floor plan includes a stunning great room, dining area, and covered patio. The gourmet kitchen has high-end appliances, a wine bar, and a spacious quartz-topped island, with abundant built-in cabinetry throughout. The upper level has a master bedroom with a luxurious ensuite, two bedrooms with ensuites, and a loft area. The lower level has a media room, full bath, and another bedroom, with a rec room that has its own entrance and can be converted into one or two bedrooms. The home's interior/exterior sound system adds to its allure, making it a must-see for those seeking a luxurious and functional living space. New refrigerator, freezer, and hood fans. (id:48205)

5 Bedroom 6 Bathroom 4019
For sale
$2,249,000
1731 138 STREET, surrey, British Columbia

1731 138 Street

Surrey, British Columbia

Smart rancher has been continually updated over the years with a recent new kitchen featuring a large island, new flooring throughout. New patio doors. The yard features mature plantings on a large ½ acre GD level lot with great privacy in the expansive west- facing backyard. Park in the double garage and keep your motorhome in the side yard you even have a motorhome plug-in available outside! A no thru fare cul-de sac gives a serene, park like feel to the neighborhood, yet you are only steps from shopping and restaurants. Ray Shepard Elementary School and Elgin Park Secondary are easy walks away, as is Ecole Laronde, the French immersion school. South Surrey Athletic Park, Ocean Park Library and a large off- leash dog park are nearby, as well as restaurants. (id:48205)

3 Bedroom 3 Bathroom 2203
For sale
$2,200,000
12687 23 AVENUE, surrey, British Columbia

12687 23 Avenue

Surrey, British Columbia

Fabulous Park like setting! A full half acre with 88' frontage and 3 bedrooms, 1 bath cottage. Great opportunity to build the home of your dreams in one of the most sought-after areas of Ocean Park/Crescent Heights. Within walking distance to Crescent Park Elementary, Elgin Park Secondary schools, the shores of Crescent Beach, the beautiful 128 acre Crescent Park and public transit. Ocean Park shopping area is 8 blocks away featuring the Public Library, Safeway, financial institutions, and various shops and restaurants. Stunning privacy and tranquility! Only 10 minutes to the Highway and bus loop for Commuters. CD Zoning. (id:48205)

3 Bedroom 1 Bathroom 1977
For sale
$2,200,000
13887 16 AVENUE, surrey, British Columbia

13887 16 Avenue

Surrey, British Columbia

Nestled in the serene embrace of a sprawling 16,324 sqft private sub dividable gated estate on the White Rock South Surrey Border, stands this remarkable 3,540 sqft residence, exuding sophistication & individuality. This 4 bed, 4 bath European-inspired 'chateau' has been meticulously revitalized, offering a haven of warmth & charm since its complete renovation in 1997. Its luminous kitchen adorned with granite countertops & SS appliances stands on solid hardwood floors that gracefully traverse all the living spaces. Updates in recent years, including a new roof, skylights, gas f/p and updated crown moldings, further elevate the allure of this abode. 2 expansive decks (1east/1west) each offer a tranquil retreat amidst the lush surroundings. Fully finished basement, ideal for accommodating guests with its separate entry. Open House: Sat/Sun (23/24) 2pm to 4pm By Appointment (id:48205)

4 Bedroom 4 Bathroom 3540
For sale Open House
$2,199,000
12388 21A AVENUE, surrey, British Columbia

12388 21a Avenue

Surrey, British Columbia

Welcome to this stunning 3-storey Craftsman home in desirable Ocean Park. The main floor boasts a grand 18' height ceiling foyer, formal living and dining areas with a cozy gas fireplace, and an inviting antique white kitchen with stainless steel appliances and a family room. NEW fridge and dishwasher in 2023! Step outside to the private backyard oasis with an outdoor gas fireplace. Upstairs has 9' ceilings, finds up to 4 spacious bedrooms (or 3 bds plus playroom), including a primary suite with ensuite. The fully finished basement offers a recreation room, media room, gas fireplace, and a bedroom with ensuite and a potential 6th bedroom in future. 6 mins drive to Ocean Park Shoppings and Beach, 10mins drive to White Rock Shoppings and Beach, with easy transit and highway access. Ocean Cliff and Elgin Park school catchment. Open house: April 14, Sun, 2-4pm. (id:48205)

5 Bedroom 4 Bathroom 3733
For sale
$2,198,000
12545 23 AVENUE, surrey, British Columbia

12545 23 Avenue

Surrey, British Columbia

Presenting a rare opportunity on this 23,506 square foot lot - a rancher brimming with potential. Whether you embark on a renovation project to build your dream home or opt for a fresh start by building a spacious large residence, it is yours to create. There is potential for the multi family build as of June 30 2024 as well. This charming property is ideally located near Christopherson Steps, Crescent Beach, and the renowned 1001 Steps. Come savour the tranquillity of Ocean Park living. Subject to probate. Offers, if any, to be sent to listing realtor on March 19 at 4pm. (id:48205)

3 Bedroom 3 Bathroom 2714
For sale Open House
$2,188,000
13811 17 AVENUE, surrey, British Columbia

13811 17 Avenue

Surrey, British Columbia

BIG FAMILY HOME! 'Bell Park' tastefully updated custom-built two storey property of total 3900 sqft interior living space on 1/4 Acre lot. Totally private, fully fenced Backyard, no big trees in front or back. Bounded by greenbelt on TWO sides, features spacious bedroom, large open area, family room off kit, formal living & dining room. Updated w/tile & laminate floor through out. House has newer appliances, crown mouldings & a great color scheme! Lower level features great rec room w/new floor & a cozy gas fireplace, bright living room with windows, great for a pool table. Lower floor contains a beautiful spacious 1-bedrm nanny or in-law suite! Fabulous Bell Park area, 1 block to Ray Shepard elementary school, close to park and tennis courts. Don't miss! South facing patio off the kitchen (id:48205)

5 Bedroom 3 Bathroom 3910
For sale
$2,180,000
2335 128 STREET, surrey, British Columbia

2335 128 Street

Surrey, British Columbia

Fabulous Ocean Park Location. Large 17,816 SF lot with a 3 bedroom/1 bathroom rancher to live now or build your dream home! Great living space with huge deck and hot tub overlooking beautiful trees and private setting. Huge insulated workshop for your projects. Close to transit and top-ranked Crescent Park Elementary. Elgin Secondary High School catchment. Close to shopping, the beach and Cresent Park. Great investment! (id:48205)

3 Bedroom 1 Bathroom 1211
For sale
$2,168,000
14925 23 AVENUE, surrey, British Columbia

14925 23 Avenue

Surrey, British Columbia

MUST SEE! Updated & meticulously cared for Family Home in a QUIET neighbourhood sought after Semi IB Program catchment! 2-storey with a refined layout, a formal living & dining w/ HW floor. Inviting 18ft vaulted ceilings family room w/ abundant windows bathes in natural light. Gourmet kitchen w/ updated appliances, new gas cooktop, granite cntrs perfectly flowing into a cozy eating area. Private fenced outdoor retreat complete with a large deck & gas BBQ bib for entertaining. 1 Bed/Den on Main, ideal for work/study w/ a convenient powder. 4 Bedrooms UP! Spacious primary bdrm w/ large WIC & updated ensuite glass shower stall & stone cntrs. Double Garage. BONUS: MASSIVE & easily accessible crawl space for ample storage. Shops, schools, rec nearby. Move in ready! View by APT, Call Today! (id:48205)

4 Bedroom 3 Bathroom 2609
For sale Open House
$2,149,000
1956 AMBLE GREENE DRIVE, surrey, British Columbia

1956 Amble Greene Drive

Surrey, British Columbia

Impressive and professionally remodelled residence situated in the highly desirable "Amble Greene" neighbourhood. This distinctive home showcases a primary bedroom on the main floor and two generously sized bedrooms on the upper level both with their own ensuite. Boasting a meticulous renovation, this property features premium upgrades such as cement floors with in-floor radiant heat, a grand kitchen with a single piece suede granite island and top-of-the-line Thermador appliances. The meticulously landscaped yard evokes the serene beauty of Stanley Park, offering a tranquil oasis with mature trees and expansive green spaces. Ideal for the discerning buyer seeking a sophisticated and upscale home with exceptional craftsmanship and luxurious amenities. (id:48205)

3 Bedroom 4 Bathroom 2935
For sale Open House
$2,100,000
14208 36A AVENUE, surrey, British Columbia

14208 36a Avenue

Surrey, British Columbia

Luxurious, Cape Cod inspired home, situated in a picturesque, natural setting. Walking distance to the Nicomekl river and Nico-Wynd golf course. This large 4 bedroom, 4 bathroom, family home has a gourmet kitchen featuring contemporary polished granite countertops. Traditional detailed maple cabinets with polished chrome hardware. Luxury baths, handset imported tile flooring in all bathrooms. A spacious master bedroom has a deck with a panoramic view. Convenience is key in this prime location, with elementary schools just 7 minutes away and major shopping and restaurants a mere 6-minute drive from your doorstep. With easy access to major highways, Peach Arch Hospital is a short 12-minute drive, ensuring peace of mind for you and your loved ones. For moments of leisure, Crescent Beach and White Rock Beach beckon nearby, offering pristine sandy shores and vibrant seaside charm. For those who crave cross-border adventures, the US border is within minutes, providing easy access to gas, groceries, and shopping. (id:48205)

4 Bedroom 4 Bathroom 3380
For sale
$2,100,000
1717 157 STREET, surrey, British Columbia

1717 157 Street

Surrey, British Columbia

Opportunity to build a desirable small-scale possible 4-unit multi-unit home fitting into the existing neighbourhood in a perfect location within walking distance to Earl Marriot Secondary, Peace Arch Elementary, Peace Arch Hospital and bus routes. Take advantage of the new housing legislation which will be in place by June 30. Development permits, building permits and any required zoning changes beyond SSMU zoning bylaws still require local government approval (id:48205)

4 Bedroom 2 Bathroom 1866
For sale
$2,100,000
1711 157 STREET, surrey, British Columbia

1711 157 Street

Surrey, British Columbia

Opportunity to build a desirable small-scale multi-unit home fitting into the existing neighbourhood in a perfect location within walking distance to Earl Marriot Secondary, Peace Arch Elementary Peace Arch Hospital and bus routes. Take advantage of the new housing legislation. Development permits, building permits and any required zoning changes beyond SSMU zoning bylaws still require local government approval. (id:48205)

3 Bedroom 2 Bathroom 1368
For sale
$2,099,000
2582 148A STREET, surrey, British Columbia

2582 148a Street

Surrey, British Columbia

Nestled in the quiet Cul-de-sac on central location that is close to everything and is MOVE-IN READY. The well maintained house offers a total of 6 bdrms + den over 3600 sf living space INCL rental suite.This charming home features a stunning entryway, spacious living and dining area highlighted by gorgeous hardwood floor, crown mouldings, vaulted ceilings, gas fireplaces and lots of windows. The kitchen boasts beautiful granite countertops and open to a oversized patio and a beautifully landscaped west-facing backyard. The basement features a large Rec room & 3 bdrms, all with big window, seperate entance,easy to add a suite as Great Mortgage Helper! Roof 2017, with 50 years warranty. Mins to Star of the Sea,White Rock Christian school, Semiahmoo Trail elem. Open SAT,SUN (13 &14) 2-4 pm. (id:48205)

6 Bedroom 4 Bathroom 3624
For sale
$2,098,000
13409 14 AVENUE, surrey, British Columbia

13409 14 Avenue

Surrey, British Columbia

Experience Ocean Park living in this updated 4-bed, 3-bath home on a corner lot in a quiet cul-de-sac. Enjoy newer exterior paint, an updated kitchen, wooden floors, and plush carpets. High ceilings and ample light create a spacious feel. Upstairs, the generous bedrooms offer comfort, with the master bedroom featuring its own ensuite with a newer shower. Catch glimpses of the ocean through the top windows. Owner spends $100K to flat out the backyard. Relax in the fully fenced backyard with patio. Features newer roof, gas generator. Close to shopping, schools, and transportation. (id:48205)

4 Bedroom 3 Bathroom 2671
For sale
$2,090,000
2093 153 STREET, surrey, British Columbia

2093 153 Street

Surrey, British Columbia

This is a three bedroom 7133 sf bungalous which has been scheduled into Surrey Samiahmoo town center plan. It can be rezoned to townhouses . Big potential opportunities for both buyers and investors. (id:48205)

3 Bedroom 2 Bathroom 1526
For sale Open House
$2,050,000
2916 147A STREET, surrey, British Columbia

2916 147a Street

Surrey, British Columbia

This meticulously maintained home in the sought-after Heritage Trails, is located in a quiet cul-de-sac with Semiahmoo Trails just steps away. This home has a total 7 bedrooms, 4 bathrooms spanned over 3900 square feet of living space and on a manicured 6502 sq ft lot. The kitchen has solid wood cabinets and granite countertops throughout. As you enter, you'll be greeted by a spacious living room with a flowing layout. Upstairs, you'll find 4 generous sized bedrooms and a spa like ensuite in the primary. Downstairs; a surprisingly large 2 bedroom plus den suite, perfect for extended family or mortgage helper. A fenced yard and covered deck, creating a perfect setting for entertaining. Two car parking in the oversized garage plus elongated driveway. Catchment:Semiahmoo Elem/Elgin Secondary. (id:48205)

7 Bedroom 4 Bathroom 3925
For sale
$2,050,000
16071 8 AVENUE, surrey, British Columbia

16071 8 Avenue

Surrey, British Columbia

FULLY RENOVATED East Beach Home in White Rock full of High-End & Custom Details! The most stylish and luxury home with the best options in the market. Beautiful custom touches such as European style windows, Handmade Italian Tiles & Luxury Light Fixtures & Vanities from RH Furniture. Latest high-end appliances - Fisher&Paykel 36" Range, Electrolux Ref & Frzr, LG D/W, LG Front Load WashTower - W/D. South-West facing / lots of sunlight throughout the home during the day + picturesque sunset + incredible view of the ocean and Campbell River. Japanese-inspired Garden and Double Garage spacious enough to use as you like. Walk to the beach, piers & shops! (furnished option w/ all RH furniture) You've got to see it! OPEN HOUSE Sat 3/2 & Sun 3/3 1-4PM (id:48205)

4 Bedroom 3 Bathroom 2629
For sale
$2,029,000
14897 22 AVENUE, surrey, British Columbia

14897 22 Avenue

Surrey, British Columbia

Price Reduced. Meridian by the Sea rancher with loft home. Best school catchment in Sry: Semi Secondary. Top quality, Lot of renovation. Large master on main with 5 piece ensuite and California walk-in closet. Den (possible bedroom) on main with 2 bdrms up. Nearly everything up-dated within past 15 years: Exterior paint 2023, alarm system, fridge & DW 3 yrs, top gas range / hood fan 6 yrs, solarium, roof (50yr composite), furnace with heat pump, hw tank, solid oak floors, Calif. Closets, vinyl (low E) windows, insulation, concrete driveway. Grand vaulted skylit entrance. Year-round solarium (with in-floor heat/ not included in sq.ft). Bright home with 4 skylights. Walk to elementary and secondary(Semi) schools, shopping and S/ Sry Rec Centre. Public Open 2~4PM, May 11, Sat. & May 12 Sun. (id:48205)

3 Bedroom 3 Bathroom 2419
For sale
$1,999,999
15179 26 AVENUE, surrey, British Columbia

15179 26 Avenue

Surrey, British Columbia

ATTENTION INVESTERS!! Amazing corner lot property in prime development area! Great location, only minuets to White Rock Beach, Shopping, and much much more! Current zoning allows for Townhouse development and adjacent property has pending approval for low rise 5 story 50 unit apartment building! Solid, well-maintained home on large private lot, currently tenanted with great long term tenants that want to stay while holding property. (id:48205)

4 Bedroom 2 Bathroom 2031
For sale Open House
$1,999,000
14084 17B AVENUE, surrey, British Columbia

14084 17b Avenue

Surrey, British Columbia

Beautiful 2 level, 7 bed, 2 kitchens & 4 bath home located in Sunnyside Park. Almost 9000 sq.ft lot with over 3400 sq.ft living area. Two skylights in the main kitchen flood the open floor plan with natural light. Main floor boasts renovated kitchen and bathrooms, gorgeous hardwood floor and both natural gas & wood-burning fireplaces. Master includes newly installed California Closets and walkout balcony overlooking beautiful backyard. 2 bed rental suite + 2bed n full bath on ground level. Fully fenced backyard creates a private paradise, featuring large deck and spacious grass area surrounded by beautiful garden. 5 minute drive to White Rock Beach, Rec Centre, Peace Arch Hospital, & close to Bayridge elementary & Semiahmoo High School, parks, grocer, restaurants, golf course & more. (id:48205)

7 Bedroom 4 Bathroom 3450
For sale
$1,998,800
2887 147A STREET, surrey, British Columbia

2887 147a Street

Surrey, British Columbia

A gorgeous residence in sought-after Heritage Trails. This 6/7bdrm,4bth 3800 sf home is situated on a 6028 sf sunny lot with impeccable grounds. Fabulous floor plan with top quality craftsmanship featuring gleaming hardwood floors, custom cabinetry, and extensive millwork throughout. 4 large bdrms up, 1 den or bdrm on the main. The master suite is massive featuring a spa-inspired luxurious ensuite with freestanding tub, spacious shower. Downstairs, 8 foot high fully finished basement with a private entrance to 2 bdrm suite, yet utility room and storage room/wine room on the other side of the basement for owner's easy access only. Fully fenced gardens completed with gazebo. A built-in hot tub and covered BBQ area are bonuses to this private backyard. Close to all amenities. (id:48205)

6 Bedroom 4 Bathroom 3800
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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