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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
$1,799,999
15381 27A AVENUE, surrey, British Columbia

15381 27a Avenue

Surrey, British Columbia

SOUTH SURREY SPECIAL: POTENTIAL SUB-DIVIDABLE OPPORTUNITY INTO TWO LOTS!!! This tastefully renovated 5 Bedroom and 3 Bath 2 level house sits on a Large 7500 + sq ft. lot with back lane access. The House has 3 separate entrances, can be used as 3 different rentals & can generate good rental income. Current use: 5 Bed & 2 Bath AND Studio suite (Separate) rented for $1200 per month. This Sunnyside neighbourhood is quite, family oriented, close to shopping, outdoor pool, parks, highway access.This property has a potential to be Subdivided into two RF-10 lots.Houses behind the lane are already sub-divided with new houses already built. Please check/verify with city for more info. Buyer/Buyers agent to do their own due diligence. OPEN HOUSE: SAT-SUN 12:00 PM TO 05:00 PM (BY APPOINTMENT ONLY) (id:48205)

5 Bedroom 3 Bathroom 2266
For sale
$1,799,999
15460 26 AVENUE, surrey, British Columbia

15460 26 Avenue

Surrey, British Columbia

SUB-DIVIDABLE PROPERTY INTO TWO LOTS WITH BACK LANE ACCESS: SOUTH SURREY Attention Builders/ Investors/ End Users who are looking to build two Houses side by side. This Beautiful rancher measuring 7900+ sq. ft lot with 66 feet front can be SUB-DIVIDED into TWO RF-10 Lots and can accommodate 3 Level Homes. Located in one of the most desired neighbourhood of South Surrey this property has a curb appeal and is facing Sunnyside Park with Huge road at front. Houses in the lane are already Sub-divided and boasts beautiful new 3 level dwellings on it. Shopping, Restaurants, Grocery, are just at a walking distance which makes it much desirable and preferred areas. One of the Best Deal in the market. Showings by appointment only. Call for more info. (id:48205)

3 Bedroom 2 Bathroom 1900
For sale
$1,799,900
12217 SULLIVAN STREET, surrey, British Columbia

12217 Sullivan Street

Surrey, British Columbia

Welcome to this STUNNING rancher home in Crescent Beach. Lots of updates done throughout including a sleek kitchen adorned w/ stainless steel appliances and quartz countertops. Beautiful laminate flooring added throughout the home. The home has an open floor plan with lots of natural light and vaulted over-height ceilings in the living room. Both the primary and second bedroom have fully updated ensuites complete with walkout patios for seamless indoor-outdoor living. The backyard is like vacation living with a covered entertainment space and built in kitchen. Detached bedroom space, great for alternative use as an office, guest space or gym. Steps from the beach and fantastic walkability to parks, restaurants and shops. Easy to show! (id:48205)

3 Bedroom 3 Bathroom 1563 sqft
For sale Open House
$1,799,000
1620 142 STREET, surrey, British Columbia

1620 142 Street

Surrey, British Columbia

Location! Location! Most Desirable Sunnyside Park South Surrey, by the Sea! Steps to prestigious Semiahmoo Secondary School with IB program, South Surrey Athletic Park, Recreation Center, public transit, Semiahmoo Mall, White Rock Beach and so much more! Welcome to this very well maintained and 2 story home with 4 bedrooms with 3 bath. Main floor good size living room, dining room, kitchen, family room walk out patio for summer barbecue. Above 3 bed with 2 bath with master suit. Unauthorized 1 bedroom Basement rented out good tenants. Upgrades freshly new paint, patio, New centrally Air Condition, landscaping much more list goes on. Open House Sunday June 16 From 2-4. (id:48205)

4 Bedroom 3 Bathroom 2124 sqft
For sale Open House
$1,799,000
1983 148A STREET, surrey, British Columbia

1983 148a Street

Surrey, British Columbia

Location! Location! Location! Most Desirable Sunnyside Park South Surrey, by the Sea! Steps to prestigious Semiahmoo Secondary School with IB program, South Surrey Athletic Park, Recreation Center, public transit, Semiahmoo Mall, White Rock Beach and so much more! Welcome to this very well maintained and 2 story home with many upgrades. Four spacious bedrooms on the second level; There are one bedroom, one office, family room, big living room, open bright kitchen on the main floor. Upgraded total 4 full bathrooms, two on second level and two on main level. Golden corner lot with back lane access, great for future Multiple units rebuild. Invest or live in, ton of valuable potential, must see. (id:48205)

5 Bedroom 4 Bathroom 2254 sqft
For sale
$1,799,000
13570 15A AVENUE, surrey, British Columbia

13570 15a Avenue

Surrey, British Columbia

OCEAN PARK BEAUTY! Stunning and elegant renovated Rancher on a Bright and Sunny South Facing Private Lot tucked away in a quiet cul-de-sac. Open Layout perfect for entertaining. Last extensive updates include Kitchen and Bathrooms with Quartz counters, Appliances, Flooring, Lighting, Crown Moulding and High Efficiency Furnace. Loads of Storage in outside shed and 5' crawlspace. Sundrenched Private Deck overlooking lush Garden. Fantastic location with a short distance to shopping and beach trail. Shows like a 10! (id:48205)

3 Bedroom 2 Bathroom 1787 sqft
For sale
$1,799,000
12120 SULLIVAN STREET, surrey, British Columbia

12120 Sullivan Street

Surrey, British Columbia

Discover this charming cottage steps away from Crescent Beach. This cozy cottage offers a tranquil retreat. Presently rented to lovely tenants who would be happy to stay, this triangular lot boasts 151 feet of frontage with lane access. Enjoy the beach lifestyle with nearby amenities like the Crescent Beach Swim Club, Blackie Spit Park, Camp Alexandra, Crescent Beach Marina and Yacht Club. Explore the local trails, walkways, and quaint coffee shops and restaurants. Whether you want to live here or build your dream home with ocean views, this property has it all. (id:48205)

2 Bedroom 1 Bathroom 1209 sqft
For sale
$1,799,000
1405 129B STREET, surrey, British Columbia

1405 129b Street

Surrey, British Columbia

Welcome to this peaceful location in sought-after Ocean Park, just a short stroll to Kwomais Point Park and 1001 Steps. This lovely four bedroom home was fully remodeled in 2012 by an established local builder. The spacious master bedroom has its own south-facing balcony and large windows that let in tons of natural light. A second master suite on the main floor offers numerous options for multi-generational living with easy no-stairs access. The stunningly landscaped backyard is perfect for entertaining with a patio off the kitchen. The outdoor office or workshop has heat & internet for year-round enjoyment. Electric vehicle charger included. Don't miss this one! OPEN HOUSE Sun, June 2, 2:00-4:00 pm. (id:48205)

4 Bedroom 3 Bathroom 1961 sqft
For sale
$1,799,000
12931 14A AVENUE, surrey, British Columbia

12931 14a Avenue

Surrey, British Columbia

Ocean Park South Surrey White Rock location large lot 63x149 (9459) square feet. Recent renovation include new laminate floors, tiles in entry, kitchen and washrooms, new baseboards, totally redone washrooms, new paint in and outside. RF Zoning will accommodate large new house. Excellent holding property. Currently basement rented on month to month basis $1850 to good tenants and main floor potential rent aroud $3200 a month. Walking distance to Ocean Park Shopping Mall, restaurants, safeway, Kwomais look out point, 1001 steps to beach, Ocean Cliff Elementary & Elgin Secondary. Rare to find this size of property don't miss. (id:48205)

4 Bedroom 3 Bathroom 2170 sqft
For sale
$1,799,000
14263 16A AVENUE, surrey, British Columbia

14263 16a Avenue

Surrey, British Columbia

Welcome to this family home steps away from the Bayridge Elementary School and minites walk to Semiahmoo Secondary School. Upgraded with hardwood floor, chef's kitchen. Upstairs three spacious bedrooms.Hardwood floors on the entire main and lower level. The kitchen has been fully renovated for the chef in the family. Just off the living room is a lovely formal dining room with a convenient pass-through from the kitchen. The family room flows off the kitchen The bedrooms upstairs are spacious with a gorgeous renovated main bath for ease with the morning rush. The lower level is ideal for an in-law suite or rental unit with separate access. (id:48205)

4 Bedroom 3 Bathroom 2471
For sale
$1,798,000
16161 14B AVENUE, surrey, British Columbia

16161 14b Avenue

Surrey, British Columbia

This craftsman-style home is located in a cul-de-sac, serene and friendly neighbourhood. The house features 3 good sized bdrms upstairs. Large window in the living room pours in bright sunshine. Well maintained by the owner who's been here for more than 30 years. Fruit trees in the cozy backyard bear abundantly with plums, prunes, pears, etc. New furnace/air-conditioning/washer&dryer. Blocks to schools/bus stops/shopping/golf/beach/... Won't last long. You will love it after showing. (id:48205)

3 Bedroom 3 Bathroom 2378 sqft
For sale Open House
$1,790,000
14636 18 AVENUE, surrey, British Columbia

14636 18 Avenue

Surrey, British Columbia

Most desirable area in South Surrey White Rock! A rare find Cul-de-Sac location backing onto greenbelt. This clean & well maintained single-storey home 1763 sf. The design was current with vaulted ceilings, open spacious floor plan. Bright and spacious 4 bed &2 full bath with beautiful deck/patio. 2 natural gas fireplaces. Private south facing backyard. Spacious lot 8295 sf w/ an open patio. Double garage, total 6 parking. Amazing central location close to shopping, recreation, trails and parks! Just a few minutes walk to the prestigious Semiahmoo Secondary with IB program and T.E. Thrift Elementary. A 5-minute drive to Semiahmoo Mall and South Surrey Recreation Centre. Athletic park & forest trails for walking & bike trails at your door step. Great potential! Open house: Jun 16 Sun 1-3pm (id:48205)

4 Bedroom 2 Bathroom 1763 sqft
For sale
$1,780,000
14581 18 AVENUE, surrey, British Columbia

14581 18 Avenue

Surrey, British Columbia

Highly sought-after Semiahmoo High School Catchment area. Perfect for both downsizers and families. Step inside to discover a well-designed layout, separate living, dining, and family rooms. Large windows, 4 bedrooms, 2 bathrooms. The property offers ample parking space with room for 6 cars. Situated on a spacious flat lot, this property presents an opportunity to build your dream home in the future or bring your decorating ideas. Conveniently located within walking distance to the beach, park, rec centre, swimming pool, bus, shops & more! (id:48205)

4 Bedroom 2 Bathroom 1867 sqft
For sale
$1,778,000
14261 18 AVENUE, surrey, British Columbia

14261 18 Avenue

Surrey, British Columbia

Ocean Bluff. Move in ready 1,952 sq. ft. two level plan, sunken living room, vaulted ceiling with skylights, opens to sunny south/east private rear yard. Main floor office. Upper level 3 generous side bedrooms. 8,386 sq. ft. cul de sac lot, backs onto Bayridge Park greenspace, and sides on back of Bayridge School, within blocks of Semiahmoo Secondary School, Sunnyside nature park and transit. Upgrades include 2014 asphalt roof, 2024 painted inside and out, new gutters with leaf guards, concrete leveling, fencing, double pain window inserts, new carpet and linoleum throughout, LED light fixtures in and out, 2023 furnace and hot water tank, upgraded appliances and much more. Call for your personal viewing.OPEN HOUSE, SAT. 15th @ 1-3PM (id:48205)

3 Bedroom 3 Bathroom 1952 sqft
For sale
$1,775,000
13867 16 AVENUE, surrey, British Columbia

13867 16 Avenue

Surrey, British Columbia

ABSOLUTELY GORGEOUS estate INSIDE & OUT. Renovated by qualified builder. This beautiful home renovated to the highest of building standards, with the lavish use of the best of materials, new kitchen cabinets, brand-new appliances, new floor, paint and list goes on. Main open floor concept of living & dining. Well-maintained 5 Bedrooms 2 bath with basement, two-story Family home in South Surrey. Centrally Located in the city over 7000 sqft lot with back lane access. Covered Decks front and back. Separate over-sized single detached garage/workshop, and plenty of extra parking. High density, duplex, townhouses coach house potential, please verify with city prior to write offer. This beauty won't last long. Act fast before its gone!! (id:48205)

5 Bedroom 3 Bathroom 2379 sqft
For sale
$1,758,000
12715 14B AVENUE, surrey, British Columbia

12715 14b Avenue

Surrey, British Columbia

Beautiful family home in the highly coveted Ocean Park neighbourhood. Steps to Kwomais Point Park, Ocean Park Village, this 4 bedroom & 3 bathroom home boasts charm inside and out. Walking into the foyer, you are greeted by an elegant curved staircase with Oak panelling and an adjacent formal living room and dining room. The bright kitchen opens up into an eating area and spacious family room with French doors to a large deck. A bonus office tucked away on the main floor for privacy. The primary suite above features an updated en suite and walk-in closet. Two additional bedrooms and an additional bedroom or games room for your enjoyment. Meticulously maintained inside and out, this home is ready for its next owner! Ocean Cliff Elementary and Elgin Park Secondary School Catchments. (id:48205)

4 Bedroom 3 Bathroom 2244 sqft
For sale
$1,750,000
13294 14A AVENUE, surrey, British Columbia

13294 14a Avenue

Surrey, British Columbia

Opportunity knocks in Ocean Park. This 3 bed 3 bath nearly 2500 sq ft home sits on an 8300 sq ft north/south rf zoned lot and offers endless possibilities in one of South Surrey's most sought after neighbourhoods. The current home has an updated kitchen, metal roof, solar power, and a Generac back up generator. The side yard offers unobstructed views of the ocean. Houses in this neighbourhood have great bones, so this home is perfect for an update. The lot is also prime for you to build your dream home with gorgeous ocean views. Ray Shepherd & Elgin Park are great school catchments and you are close to shopping and all youth sports. This is a wonderful family neighbourhood and homes like this do not come up often. Call your Realtor® to book your private showing today. (id:48205)

3 Bedroom 3 Bathroom 2483 sqft
For sale
$1,735,000
964 161A STREET, surrey, British Columbia

964 161a Street

Surrey, British Columbia

Welcome Home! This fabulous 2 level family home is located on a quiet culdesac and within easy walking distance to the BEACH! This home shows light and bright. Main floor offers open concept living/dining room with loads of windows. Amazing $30,000 kitchen with quartz countertops, white maple cabinets with plenty of drawers for ultimate storage. Family room is located off kitchen and has built-in cabinets on either side of fireplace and sliders to the fully fenced 7969 sq ft level lot with above ground swimming pool for the kids. Upstairs features 4 large bedrooms, a games room and an open area for studies. Lots of upgrades including new appliances, bathrooms and kitchen. Close to schools, beach and transit and the US Border. Perfect home for the growing family. (id:48205)

4 Bedroom 3 Bathroom 2509 sqft
For sale
$1,718,500
14205 18TH AVENUE, surrey, British Columbia

14205 18th Avenue

Surrey, British Columbia

Ocean Bluff Rancher! Huge 8579 sq ft lot in this fabulous location! Spacious 3 bed 2 bath flowing floorplan with large rooms and over sized double garage situated on a private culdesac! Bayridge Elementary and Semiahmoo Secondondary catchments! Amazing central location close to shopping, recreation, walking trails and the beach! Great potential! (id:48205)

3 Bedroom 2 Bathroom 1597 sqft
For sale
$1,699,000
1539 161 STREET, surrey, British Columbia

1539 161 Street

Surrey, British Columbia

Welcome to 161st Street, three bedrooms 2.5 baths perfect for a family as it is not a thru road and close proximity to Elementary and High School. Relax in your family room or view from the kitchen to the beautiful West facing backyard great for those summer barbecues. Walking distance to shops and medical buildings, easy access to highway or the border. This home has been well taken care of. (id:48205)

3 Bedroom 3 Bathroom 1879 sqft
For sale
$1,699,000
2323 153A STREET, surrey, British Columbia

2323 153a Street

Surrey, British Columbia

Great location in Sunny South Surrey! Within Semiahmoo Town Centre Plan Area, approved for a townhouse zoning with a land assembly. Solid rancher on a flat, gorgeous 66x132 lot (8712). Clean, quiet neighborhood. This 1628 sq ft + 1 Car garage home is well maintained, and owner occupied. 2017 new hot water tank, 2018 new furnace. Renovated in 2021 with new roof, kitchen cabinets, laminate and tile flooring, doors, plumbing, appliances, security cameras, window coverings, paint, new lighting and plumbing fixtures, new garage door, new fence and landscaping. It has 3 bedrooms, 2 full baths, a good size living room and a huge 23x19 family room. Owner converted 1 bedroom to a dressing room, easily re-convertible. A great investment property, live-in or rent while waiting for development. (id:48205)

3 Bedroom 2 Bathroom 1628 sqft
For sale
$1,699,000
1669 146 STREET, surrey, British Columbia

1669 146 Street

Surrey, British Columbia

Location! Location! Location! Walk to Semiahmoo Sec, HT Thrift elem, indoor pool & sports facilities, all within 2 blocks! Fresh painting, brand new roof and floors throughout the house. Newer windows and hot water tank. Bright & airy home. Living room with skylights, high vaulted ceilings. Kitchen opens to eating area & family room with 2-sided gas fireplace. 2-storey entry, open stairway up to 3 large bedrooms, remodeled master suite with extended sundeck, crown mouldings, custom closet organizers & gorgeous ensuite bath. Home fully repainted inside. West-exposed perfect, fenced back yard. Quiet no-thru street, ideal for family living. Half a block from Vancouver fast bus. This home is move-in ready! (id:48205)

3 Bedroom 3 Bathroom 2236 sqft
For sale
$1,698,800
1925 127A STREET, surrey, British Columbia

1925 127a Street

Surrey, British Columbia

Well kept and beautiful home located in the desirable Ocean Park area. Close to schools, transportation and shopping. 4 bedrooms family home, 3 full bathrooms, large rec room in the updated basement. Newer hot water tank. Built in vacuum. Admire a view from your large deck and very private back yard. Yard is great for the kids to play and large enough to host a party in the summer. Elementary School: École Ocean Cliff; Secondary School: Elgin Park Secondary. Rarely available, don't miss the opportunity. Call to book your time. (id:48205)

4 Bedroom 3 Bathroom 2274
For sale
$1,698,000
14025 20 AVENUE, surrey, British Columbia

14025 20 Avenue

Surrey, British Columbia

Perfect family home on a large fenced lot! Located in the Semiahmoo Secondary catchment, this 3 bed, 2.5 bath, home provides over 2,600 sq ft in living area, with North and South yard exposure on an 8,744 sq ft lot. The large, detached 2 car garage is accessed via laneway, and can easily be kept as a workshop with the additional parking available on the driveway & under carport. On the top floor, two bedrooms and a full bath, and Primary Bedroom plus full ensuite. Main floors boast living room, dining room, kitchen, family room, office, laundry room, half bath, while the basement has space for a pool table and gym, as well as lots of storage in the crawlspace. This home has been meticulously cared for, with newer appliances throughout, including fridge, dishwasher, washer and dryer. (id:48205)

3 Bedroom 3 Bathroom 2698 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