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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
$1,980,000
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
$1,950,000
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! (id:48205)

4 Bedroom 3 Bathroom 2629 sqft
For sale
$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
$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. (id:48205)

2 Bedroom 3 Bathroom 2658 sqft
For sale
$1,938,800
2958 147A STREET, surrey, British Columbia

2958 147a Street

Surrey, British Columbia

Better than New!!! Located in Heritage Trails, near Semiahmoo Secondary and Semiahmoo Trails Elementary school catchments. Stunning Executive home, renovated in 2016 3 level, 5 bedroom, upgrades include flooring and paint, New beautiful solid wood/glass exterior and interior doors. Huge Gourmet Kitchen with 2 Tone Shaker cabinets and island all with quartz counter tops and beautiful backsplash. Check out the formal spacious living and dining rooms, Large room for entertaining. Bathrooms were redone with quartz counter surfaces and upgraded fixtures. Huge basement suite, features a white shaker cabinet kitchen, massive rec-room and extra large media room with its own laundry. Suite is vacant. New Furnace/ A/C 2018 New Penfolds Roof 2020. *Front living room photo is virtually staged* (id:48205)

5 Bedroom 4 Bathroom 3968 sqft
For sale
$1,928,000
2451 149A STREET, surrey, British Columbia

2451 149a Street

Surrey, British Columbia

Welcome to this exquisite, renovated home situated in Sherbrook Estates w 4bd+den/3ba 2,433 sf living space on 7,149sf lot w s/w facing bkyd! Gorgeous engineered hw floors, crown mldgs, vaulted ceilings. Fully reno'd, Italian-inspired dream kitchen w/ beautiful solid granite island, high end s/s appl w gas cook top, blt-in wall oven w microwave & designer cabinets galore. Spacious mstr w/ walk-in closet. Luxurious ensuite w carrara marble dbl vanities, standalone soaker tub dbl rain/side jet shwr & heated flrs. The paint work for exterior, interior, deck, and fence have been done in last 2 years. Beautifully landscaped, low maint private bkyd. Lrg deck w/ planters & BBQ hook-up. Walk to Semiahmoo High, Rec Center, transit & trails! (id:48205)

5 Bedroom 3 Bathroom 2433 sqft
For sale
$1,922,000
1408 129A STREET, surrey, British Columbia

1408 129a Street

Surrey, British Columbia

Well built craftsman style porch home w/ private fenced backyard. S/East exp. 40 YEAR ROOF. REAL wide plank, reclaimed fir floors milled in Chilliwack. Complete prof. kitchen 200 SF. Reno 2018, Nu-Heat heated tile flooring, massive quartz island, nat/gas stove & commercial venting. Master bdrm is romantic-vaulted, ensuite, walk-in closet, fp & balcony. Limestone & porcelain tiled bathrms. 3rd floor: ocean view deck. Private gardens & decks. 60 yr Gingko Tree, BC Greenhouse & covered hot tub deck. Detached office/cottage w/ storage. Schools: Elgin & Ocean Cliff.Location, location nestled in the Community of Ocean Park Village. A 5 min. stroll thru 13 acre waterfront park, trails or to Fun-Fun park. Easy access to Crescent Beach. 10 min. stroll to Safeway, Starbucks, pub or library. (id:48205)

3 Bedroom 3 Bathroom 2516 sqft
For sale Open House
$1,900,000
14873 21 AVENUE, surrey, British Columbia

14873 21 Avenue

Surrey, British Columbia

Rarely you would find a house that is both convenient and quiet. Two hamburger joints within walking distance then who still needs to cook? School catchment of famous Semiahmoo Secondary. It is quiet on all four sides of the house. Situated on a quiet street. Less car traffic passes through the door front: T-shaped intersections instead of cross-shaped intersections are on both ends of the road in front, therefore non-nearby-residents are unlikely to drive pass this street. Deck with natural gas connection adds a delightful outdoor cooking option. New hot water tank and gas furnace still within warranty period. 7113 sqft lot faces south. Upscale community of South Surrey White Rock close to sunny beach and US border. (id:48205)

3 Bedroom 2 Bathroom 1807 sqft
For sale
$1,900,000
15390 28 AVENUE, surrey, British Columbia

15390 28 Avenue

Surrey, British Columbia

This beautiful home in South Surrey have a potential for two lots. Buyers must do their due diligence. Home with 2 bedrooms up and 2 bedrooms below ( rented for $1350 ). Property does have an access to the back lane and private backyard. (id:48205)

4 Bedroom 2 Bathroom 2315
For sale
$1,899,900
2085 153 STREET, surrey, British Columbia

2085 153 Street

Surrey, British Columbia

This is a three bedroom 7134 sf bungalous which is scheduled in Surrey Samiahmoo town center plan . It can be rezoned to townhouses . Big potential opportunities for buyers or investors! (id:48205)

3 Bedroom 2 Bathroom 1468
For sale
$1,899,000
14956 21B AVENUE, surrey, British Columbia

14956 21b Avenue

Surrey, British Columbia

Beautiful family home in the coveted "Meridian by the Sea" neighbourhood! Enjoy a spacious 2,394 sq ft home located on a quiet cul-de-sac with a 7,200 sq ft South facing, private lot! On the main you're greeted by a generous foyer with 16 ft ceilings, formal living with vaulted ceilings, gas FP and dining. The kitchen has an efficient layout with an island and eating area. Spacious family room w/ gas FP. Walkout to your beautiful, sunny and flat backyard with a large patio. Den, powder, laundry and garage complete the main. Upstairs offers 3 generous bedrooms: primary with WIC and 5 piece ensuite with soaker tub. Quiet neighbourhood, with a sought after school catchment including IB schools, Semiahmoo High School, H.T. Thrift , White Rock Christian Academy & Star of the Sea Catholic. (id:48205)

3 Bedroom 3 Bathroom 2394 sqft
For sale
$1,898,000
14936 25A AVENUE, surrey, British Columbia

14936 25a Avenue

Surrey, British Columbia

Exceptional 4 bdrms & den home in prestigious Sherbrooke Estates renovated partially in 2014 with south facing backyard & abundant daylight. Main level features large, bright foyer with hardwood floors, formal living & dining rooms with large picture windows & French Doors leading to sunny backyard. Kitchen features Brand New hood fan, granite counters, under-mount sink & stainless steel appliances & adjacent open, bright family room. Upstairs are four large bdrms including an oversized master bdrm with 4 pc ensuite featuring soaker tub & standalone shower. 5 ft crawlspace (loads of storage) & close to Star of the Sea Catholic School, Semiahmoo High School, shopping & transit makes this a solid opportunity for the family. School catchment (Semiahmoo Trail & Elgin Park). Open House: Sun (June 2) 2-4pm (id:48205)

4 Bedroom 3 Bathroom 2766 sqft
For sale
$1,898,000
2372 157 STREET, surrey, British Columbia

2372 157 Street

Surrey, British Columbia

Quality built family home situated in the highly desirable neighbourhood of Grandview Heights. This open concept family home exudes functionality with a prime location. Main floor boasts with high ceiling. Living room with large over sized windows for ample natural light. Beautiful family room, eatin kitchen with bonus Wok kitchen. 4 bedrooms above with 3 washrooms, master bedroom with walk-in closet, luxe ensuite. The basement boasts a LEGAL 1 bedroom suite, perfect for mortgage helper! Media room for your own use. Close to Grandview Corners, Aquatic Centre, Walmart Superstore. Easy access to Highway 99 & so much more! (id:48205)

5 Bedroom 6 Bathroom 3271 sqft
For sale
$1,888,000
1885 148A STREET, surrey, British Columbia

1885 148a Street

Surrey, British Columbia

Nice and peaceful neighborhood with 6075 sqft big lot. Minutes walk to Semiahmoo Secondary. Bring your reno ideas or rebuild your dream home. Lots of potentials. (id:48205)

3 Bedroom 3 Bathroom 1996
For sale
$1,878,000
12751 20A AVENUE, surrey, British Columbia

12751 20a Avenue

Surrey, British Columbia

OCEAN PARK - Come view this STUNNING 4BED/3Bath home located in a quiet cul-de-sac! Situated on over 9,400 SQFT of land, this home features Stainless Steel appliances, Granite Countertops, and a BRIGHT kitchen overlooking a beautiful backyard. Equipped with a double car garage, 2 fireplaces, and a GERNEROUS master bedroom w/ ensuite - this is the property you've been waiting for! An abundant amount of storage space including a shed and crawl space for all your excess belongings. Enjoy the tranquility of your home with an INCREDIBLE outdoor deck in the backyard with 800 SQ FT + of space, PLUS a GAZEBO that looks onto a beautifully assorted garden. Truly a rare find! Walking distance to schools, shops and pathways directly to the beach! Please contact your Realtor to schedule a showing. (id:48205)

4 Bedroom 3 Bathroom 2162 sqft
For sale
$1,868,000
16186 9 AVENUE, surrey, British Columbia

16186 9 Avenue

Surrey, British Columbia

This renovated family home in McNally Creek offers a comfortable and convenient lifestyle. Situated in a quiet Cul-De-Sac, the southern backyard adds to its appeal. The spacious layout features 4 bedrooms plus a den and 4 full bathrooms. Upstairs, there are 3 bedrooms, including a south-exposed primary bedroom with a balcony. The private den on the main floor can be used as a 5th bedroom, adding flexibility to the floor plan. The walk-out basement, with a bedroom ensuite and separate access, offers potential for use as a mortgage helper or guest suite. Numerous upgrades enhance the home, including a new Chef's kitchen with Quartz countertops, stainless steel appliances, updated flooring, blinds, new garage doors with motors. Located just minutes from White Rock Pier, Restaurants, & shops. (id:48205)

4 Bedroom 4 Bathroom 3178 sqft
For sale
$1,859,000
14827 24 FRONTAGE AVENUE, surrey, British Columbia

14827 24 Frontage Avenue

Surrey, British Columbia

This home is a 10! Recently fully renovated inside & out! This 2000+ SF rancher w/ a 2nd primary suite in the Loft level has a walk in closet thru to a spa like 4 pce bath with heated flooring & stand-alone tub. The main floor has a beautiful bright white kitchen w/ quartz counters & backsplash, hi end appliances incldg gas stove w/ 2 ovens, Fisher & Paykel 2 drawer D/W, wine fridge, deep sink & island meant for entertain'g that opens up to family rm. This home has all energy efficient LED lights & ceiling fans & Navien hw system & heat pump ready for install. This open concept main living space leads to a gorgeous primary suite on the main level that also has a walk in closet another spa bath w/ an XL stand alone tub all with top end fixtures. The 3rd bdrm is perfect as a bdrm or office & the main level has a 3rd full bthrm. Spacious fully fenced, sunny & private b/y features hot water faucet, faux grass a covered pergola & garden space. This home has it all! Close to all amenities & 1 blck to private school (id:48205)

3 Bedroom 3 Bathroom 2092 sqft
For sale
$1,849,000
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 Open House
$1,825,000
14560 33B AVENUE, surrey, British Columbia

14560 33b Avenue

Surrey, British Columbia

The best of all worlds at Sandpiper's original showhome built by Parklane Homes. Exceptionally bright & modern yet warm & welcoming. Gorgeous move-in-ready 3,267 sqft Craftsman-style family home w mortgage-helper 1 bedroom suite. Lots of updates: new roof, gleaming refinished hardwood floors, new carpets up, freshly painted. Enjoy 4 spacious bedrooms upstairs. Huge primary bedroom w vaulted ceiling, walk-in closet & luxurious ensuite bathroom, overlooking lush backyard. Expansive kitchen & eating area open onto large deck. Sunny south-facing backyard is a gardener's dream. Fully fenced for kids & dogs. Spacious deck incl hot tub & room to relax & bbq. Suite is surprisingly large, over 1000 sq ft, bright w lots of windows & sep laundry & sep entrance. Excellent quiet responsible tenant. Extra large double garage with generous storage space. A stunning place to call home in prestigious Elgin neighbourhood. (id:48205)

5 Bedroom 4 Bathroom 3267 sqft
For sale Open House
$1,825,000
3359 145A STREET, surrey, British Columbia

3359 145a Street

Surrey, British Columbia

Sandpiper - This is it! Meticulously maintained 4bd/5ba, 2820sf updated craftsman-style residence w/ ultra priv, west bkyd backing onto Semiahmoo Trail greenbelt! Main flr; spacious great rm w/ lrg din area & beautifully re-envisioned kitch w/ KitchenAid appl's, eat-up island, quartz cntrs, undermount lighting, & loads of storage. Kitch & adjacent fam rm lead out to sunny, priv bkyd retreat w/ lrg deck, BBQ gas line & pad for hot tub. 3 well-sized bdrms up incl; newly reno'd ensuite. Down; rec rm & add'l bdrm w/ sep entrance. All this plus California shutters, Casa Roma tile, newer carpet, closet organizers, high-eff Lennox furn, A/C, HW tank & in-grnd sprinklers! Situated in quaint family neighbourhood w/ quick access to Hwy, shops, transit & rec. Elgin Sec. & Semi Trail Elem. Call Today! (id:48205)

4 Bedroom 4 Bathroom 2820 sqft
For sale
$1,825,000
1912 148A STREET, surrey, British Columbia

1912 148a Street

Surrey, British Columbia

LOCATION! Situated in the desirable Semiahmoo catchment, this Beautiful split-level home has been recently updated inside & out. New garage door, new bedroom windows, new furnace and much more. This home features 3 beds 3 baths with a finished basement that could make for a great play room. With 2,288 square feet of living space, the main floor is complete with a formal Living Room, adjacent Dining Room, and Kitchen at the back of the home with deck access. Enjoy the peace and quiet of the cul-de-sac and relax in your spacious private backyard with a covered patio facing the greenbelt. You will love the neighbourhood and all the walkable amenities like Semiahmoo Secondary School, Sunnyside Park, South Surrey Rec. Center, Semiahmoo Mall and more. This family home is a must see! (id:48205)

3 Bedroom 3 Bathroom 2288 sqft
For sale
$1,825,000
13181 24 AVENUE, surrey, British Columbia

13181 24 Avenue

Surrey, British Columbia

Beautiful 1/3 acre backing Crescent Park. This charming family home features numerous upgrades and allows for comfortable family living. Main floor complete with a spacious living and dining room with access to the private backyard oasis. Eat-in Kitchen flows to the family room. Bonus bedroom/office tucked away on the main floor. Upper level features 4 spacious bedrooms along with a media room. Steps to Crescent Park Elementary and Elgin Park Secondary schools. The perfect location to move into, or build your estate home on! (id:48205)

4 Bedroom 3 Bathroom 2433 sqft
For sale
$1,825,000
3438 148A STREET, surrey, British Columbia

3438 148a Street

Surrey, British Columbia

Welcome Home! Superiorly located near your favourite amenities, transit, shopping, restaurants & easy access to Hwy99, this stunning corner lot, features a 4 bd, 4 bth Family Home, that will meet all your needs. 3,022 sqft spread over 3 levels, upstairs you will find a large Master with vaulted ceilings, walk in closet and beautiful ensuite, plus 2 bedrooms, laundry, and closets galore. Main level features big bright windows, open kitchen, New SS appliances, family and living room, double door to your beautiful deck, with gas fireplace, seating for all your guests. Downstairs is an extra large rec room, with an additional huge bedroom and bthrm, wet bar, easy to convert to a suite with separate entry. A/C, fireplace, security system, are among some of the features this home has to offer!!! (id:48205)

4 Bedroom 4 Bathroom 3038
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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