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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
$2,068,000
3641 NICO WYND DRIVE, surrey, British Columbia

3641 Nico Wynd Drive

Surrey, British Columbia

EXQUISITE!Luxury townhome overlooking the 5th tee at Nico Wynd Estates, spectacular 180' views of the golf course & mountains. Beautiful one of a kind property surrounded by the Nicomekl river with meandering walking & biking trails, an amazing lifestyle & community! Renovated from top to bottom, quality is evident throughout the home. Open concept living, rich hardwood flooring, vaulted ceilings Chef's kitchen:Entertaining island, Sub zero fridge, wolf cooktop/warming & wall ovens, microwave/convection combo. Stunning mastersuite on the upper flr features a huge walk in closet & packing island. Lower level w/murphy bed,custom builtins ,wet bar & wine cellar. Freshly painted interior, Trex decking, new windows, heat pump & awning. 2golf memb/tennis/pickleball/indoor pool/gym/marina & land! (id:48205)

3 Bedroom 4 Bathroom 3528 sqft
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 May 26, Sun. 2~4PM (id:48205)

3 Bedroom 3 Bathroom 2419 sqft
For sale
$1,999,999
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 sqft
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
$1,999,900
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 sqft
For sale
$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
For sale
$1,998,000
1045 164 STREET, surrey, British Columbia

1045 164 Street

Surrey, British Columbia

Don't miss your chance to own this Multi Generation Luxury Gem! Welcome to this stunning 3,337 sq ft. 6-bed, 4-bath home. Located in McNalley creek minutes away from Transit, Schools, Beach and USA Border. This fully renovated multi-generation home features an updated open floor plan on the main level, a gorgeous open chef kitchen with modern appliances, custom-built ins, a large island, and hardwood floors. R/C Sunshades adorn the southwest facing patio, offering serene views of the private backyard oasis. Main, find 3 bedrooms and 2 bathrooms, while the lower level boasts a 1-bedroom grand room with ensuite, perfect for in-laws. Plus, there's a bright walkout ground-level two-bedroom rental suite with its own yard and shed, ideal for generating extra income. (id:48205)

6 Bedroom 4 Bathroom 3219 sqft
For sale
$1,998,000
2386 157 STREET, surrey, British Columbia

2386 157 Street

Surrey, British Columbia

Are you looking for central location HIGH QUALITY home! This is one. Built in detail, main floor with high ceiling, living room with large over-sized windows for MORE natural light, two kitchens, (Wok Kitchen). 4 bedrooms above with 3 washrooms, Master bedroom with walk-in closet, luxe ensuite with Steamer. A legal one bedroom suite (or two bedrooms) with separate entrance for Mortgage Helper! Built in vacuum, A/C, HRV, high end appliances. 2-5-10 years warranty. Good and quiet location: Close to Grandview Corners, Aquatic Centre, Best Buy, Walmart, Superstore. Easy access to Highway 99; Schools: Ecole Jesse Lee Elementary, Ecole Earl Marriott Secondary. You will impressively love this HIGH QUALITY HOME. (id:48205)

5 Bedroom 6 Bathroom 3271
For sale Open House
$1,988,000
16086 8A AVENUE, white rock, British Columbia

16086 8a Avenue

White Rock, British Columbia

Gorgeous White Rock home that offers STUNNING VIEWS of Campbell River and Semiahmoo Bay. This 4 bedroom 2 bathroom 2762 sq ft home sits in a quiet cul de sac and has been meticulously updated from top to bottom inside and out. Inside find oak floors, large bedrooms, spa like bathrooms, soaring vaulted ceilings, a chef's kitchen with maple cabinets, and gorgeous windows that highlight the views. Two south facing decks, one on the main floor and one upstairs are drenched in sun and overlook the ocean. The private yard offers multiple sitting areas to enjoy sun & watch sunsets. Walking distance to White Rock beach and the Pier and all the restaurants, and minutes from Highway 99 and the US border, the location could not be better. This is the perfect home for your White Rock Lifestyle. (id:48205)

4 Bedroom 2 Bathroom 2792 sqft
For sale
$1,988,000
2093 KING GEORGE BOULEVARD, surrey, British Columbia

2093 King George Boulevard

Surrey, British Columbia

This rancher on a HUGE 12, 279 sq ft features 3 bed 2 bath. LOTS OF potential. Ideal property for investor, developer, builder or to build your dream home in popular SOUTH SURREY. This area is changing rapidly. Large workshop in the back with rear access makes it more unique. Perfect property for the first time buyer or rental potential. A must see! (id:48205)

3 Bedroom 2 Bathroom 1330 sqft
For sale
$1,988,000
2389 150B STREET, surrey, British Columbia

2389 150b Street

Surrey, British Columbia

This Tudor architectural gem, nestled in famous South Surrey Blossom Street, offers a perfect blend of classic charm and modern living. With over 7,000 sq ft of prime land and 3,000 sq ft indoors, the meticulously maintained home features 5 bedrooms, 2.5 baths, a master suite with two WICLOs. Exterior repaint in 2020 and heat pump(with A/C) replacement in 2023. Conveniently located near transit and the mall, with Star of sea and WRCA just 2 minutes away. School catchment: H. T. Thrift Elementary & Semiahmoo Secondary. (id:48205)

5 Bedroom 3 Bathroom 2866
For sale
$1,988,000
16169 13 AVENUE, surrey, British Columbia

16169 13 Avenue

Surrey, British Columbia

WELCOME TO SOUTH MERIDIAN! Nestled in a serene neighborhood, this substantially renovated home exudes the essence of West Coast contemporary design, seamlessly blending luxury with functionality, the meticulous craftsmanship evident in every detail. Exquisite woodwork and cabinetry can be found in nearly every room, from the BRAZILIAN CHERRY hardwood flooring, EXOTIC MOZAMBIQUE cabinets in the powder room, BC ALDER WOOD cabinets in the ensuite and FIGURED ANIGRE cabinets in Kitchen and Dining, to name a few. CUSTOM 12X24 COVERED DECK, featuring FIR LOGS & BEAM, FIR CEILING, and IPE DECK. Additional extra covered parking/boat parking can be found on the side of the home. State of the art appliances include Miele Dishwasher, Capital Gas Range, with a Faber hood fan! A MUST SEE! (id:48205)

3 Bedroom 3 Bathroom 3115
For sale
$1,985,000
1383 129A STREET, surrey, British Columbia

1383 129a Street

Surrey, British Columbia

FALL IN LOVE with this Ocean Park beauty! With quality construction & recent high-end renovations, this meticulous OCEAN PARK home has almost 2000 sf living space w 3 Bed + Den / Flex with nothing to do but move in and enjoy. Fully redesigned kitchen with soaring ceilings in a sun soaked location is ideal for living and entertaining. All bedrooms + den located upstairs. The backyard has to be seen to be believed, with meticulous woodworking and covered patio area for outdoor living! Almost 5' tall crawl space provides more than enough storage. Elgin School catchment. Located just a short stroll to Kwomais and Fun Fun Parks, 1001 Steps, Starbucks, Safeway and all of the shops of Ocean Park Village. The ideal lifestyle location in the neighbourhood you've been looking for! (id:48205)

3 Bedroom 3 Bathroom 1994
For sale
$1,980,000
2332 152 STREET, surrey, British Columbia

2332 152 Street

Surrey, British Columbia

7342.60 sq.ft. development lot in Semiahmoo Town Centre Plan. Low rise mixed use up to 6 stories. Neighbours also listed. Property is tenanted. DO NOT DISTURB. Value is in the land. Measurements and data from Autoprop. Developments happening all around this lot. It's only a matter of time! (id:48205)

2 Bedroom 936
For sale
$1,980,000
2322 152 STREET, surrey, British Columbia

2322 152 Street

Surrey, British Columbia

INVESTORS, DEVELOPERS! Part of the approved Semiahmoo Town Centre Plan, zoned for Low-Rise Mixed-Use, 2.2 FAR. Potential land assembly. Value is in the land, invest now in this developing area of South Surrey, just a few blocks from shopping centre, schools, easy access to major highways and on rapid bus route. (id:48205)

2 Bedroom 1 Bathroom 960
For sale
$1,975,000
12824 22 AVENUE, surrey, British Columbia

12824 22 Avenue

Surrey, British Columbia

Welcome to Ocean Park. Nestled in this vibrant community is a well-lived-in large south backyard lot, 3 bedroom, 3 bath family home that offers the perfect blend of space, style, and tranquility. Step inside, and you'll be greeted by a spacious and open floor plan that seamlessly connects the living, dining, and kitchen areas. The living room boasts large skylights that flood the space with natural light, creating a bright and airy ambiance. The cozy fireplace adds a touch of warmth and creates the perfect spot for family gatherings or quiet evenings. Don't miss the opportunity to make this large lot, three-bedroom, three-bath family home in Ocean Park your own. With its spacious layout, charming curb appeal, and unbeatable location, it offers the perfect combination of comfort and space. (id:48205)

3 Bedroom 3 Bathroom 2310 sqft
For sale
$1,970,000
14457 18 AVENUE, surrey, British Columbia

14457 18 Avenue

Surrey, British Columbia

Discover this beautiful home nestled in the heart of Sunnyside Park. Boasting a generous lot size of 8105 sf, this property offers ample space for outdoor enjoyment and future possibilities. Updated in 2010, this residence features a thoughtfully designed floor plan, highlighted by a spacious family room and recreation area, perfect for gatherings and relaxation. Recent upgrades in 2024 include a new air conditioning system powered by heat pump, ensuring year-round comfort, along with an electrical system upgrade from 100 amps to 200 amps for enhanced EV charging. Within walking distance to BAYRIDGE Elementary & SEMIAHMOO Secondary and the South Surrey Recreation Centre minutes driving to shopping center, making this home an ideal choice for families seeking both comfort and convenience. (id:48205)

4 Bedroom 3 Bathroom 2255 sqft
For sale
$1,950,000
12752 OCEAN CLIFF DRIVE, surrey, British Columbia

12752 Ocean Cliff Drive

Surrey, British Columbia

Welcome home to12752 Ocean Cliff Drive, where breathtaking design meets harmonious form & function. Without compromise, this West Coast contemporary home in prestigious Ocean Park, has been impeccably renovated throughout. An extensive list of updates over the past 4 yrs include: New roof, windows & doors, high-end kitchen, bathrooms, flooring, paint, heating & more. This home greets you with a spacious, warm & inviting open floor plan, offering 3 bedrooms up, 3 baths & a large flexible living space for all of your family's needs. Nestled on a large 8014sqft corner lot in a quiet cul-de-sac, enjoy a huge fully fenced, irrigated & landscaped yard. Ideally located minutes to Ocean Park Village, this is the perfect home in the perfect neighbourhood that you are sure to love. (id:48205)

3 Bedroom 3 Bathroom 1812 sqft
For sale
$1,950,000
1510 134A STREET, surrey, British Columbia

1510 134a Street

Surrey, British Columbia

Spacious 10,055 sq. ft. private lot in Ocean Park. A 3 bed + den, 3 bathroom split level home. A lovely neighbourhood to live, invest or build new. A quiet location Close to all amenities, including desirable Ray Shepard Elementary and Elgin High School Catchment and walking distance to Ocean Park Village. (id:48205)

3 Bedroom 3 Bathroom 2249 sqft
For sale Open House
$1,949,900
1934 127A STREET, surrey, British Columbia

1934 127a Street

Surrey, British Columbia

Step into this renovated 6 bed, 4 bath home nestled in Ocean Park. Boasting an expansive 10,890 SQFT lot, the potential here is boundless. This property meets the city requirements to be sub-divided into 2 RF-13 lots, with an 80 ft by 136 ft dimension and front and back lane access, convenience is key. The main level features 3 bedrooms, a sprawling wrap-around deck, and vast private front and backyard spaces. Downstairs, discover another 3 bedrooms, perfect for an in-law suite or potential to split it into 2 suites for additional income. Situated in the sought-after Ocean cliff Elementary and Elgin Park catchment. Only minutes from Crescent Beach and within walking distance to banks and shopping. Contact us today to arrange a showing. (id:48205)

6 Bedroom 4 Bathroom 2729 sqft
For sale
$1,949,000
2142 152 STREET, surrey, British Columbia

2142 152 Street

Surrey, British Columbia

Designated low-rise residential development opportunity (4-6 storey) located within the Semiahmoo Town Centre Plan. Centrally located, close to shopping, dining, schools and major transit routes. Access off 152A Street through back lane-way, with plenty of parking in the back. (id:48205)

3 Bedroom 3 Bathroom 2063 sqft
For sale Open House
$1,948,800
1414 132B STREET, surrey, British Columbia

1414 132b Street

Surrey, British Columbia

What a fabulous opportunity! What an amazing location! Love the idea of living this close to the ocean? Then this is the property for you. Ocean views, solid custom-built home in a well-established neighborhood. Imagine the possibilities here! Sun-drenched back yard, wonderful exposure, and minutes from the sea in a sought-after neighbourhood. Move in and Renovate to create what you want in your new home or build the home of your dreams with an ocean view - you decide! Spacious rooms, room for the in-laws, even a workshop in the basement. Come take a closer look this weekend at our open houses, Saturday and Sunday 2 to 4 (id:48205)

2 Bedroom 3 Bathroom 2658 sqft
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The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

About The City of

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