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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
$11,988,000
12581 16 AVENUE, surrey, British Columbia

12581 16 Avenue

Surrey, British Columbia

Panoramic ocean view, one acre bluff property. One of the most sought after locations to build your dream estate - properties like this do not come up often! This property offers a variety of building options: the full acre lot, two legal half acre lots and a possibility of other configurations. The seller is open to discussing selling half the property as it consists of multiple legal lots that do not require subdivision. Please call for more information or to set up a private viewing. (id:48205)

4 Bedroom 2 Bathroom 2894
For sale
$8,999,999
2443 CHRISTOPHERSON ROAD, surrey, British Columbia

2443 Christopherson Road

Surrey, British Columbia

Pristine 180° waterfront view, gated luxury home nestled at the end of a private cul-de-sac. Situated on top of an ocean bluff with no neighbours on 3 sides, this 1.3 acre sprawling oasis boasts meticulous design, unique build, and beautiful finishing. Perfect to entertain with landscape grounds and sprawling backyard, vaulted over-height entry hall and living room, lofted upstairs hallway and bedrooms with perfect unobstructed ocean views, and a home gym, sauna, media room to enjoy. Contemporary style with an emphasis on the beauty of the West Coasts - this one-of-a-kind property is sure to impress. (id:48205)

3 Bedroom 5 Bathroom 5518
For sale
$8,500,000
1704 160 STREET, surrey, British Columbia

1704 160 Street

Surrey, British Columbia

Here's your opportunity to aquire over 1/2 acre parcel in one of the most bustling corridor's of South Surrey. A rare multifamily and commercial rental development opportunity. Inquire for details and a full comprehensive package. (id:48205)

2 Bedroom 1 Bathroom 880
For sale
$7,990,000
13469 27 AVENUE, surrey, British Columbia

13469 27 Avenue

Surrey, British Columbia

One of the Largest and Most Prestigious Estate Properties in Elgin. This private and sun-filled 3.508 Acres - 155,881sqft of flat land awaits your imagination and ideas. The current family home is situated to take advantage of the setting and the ideal investment to rent out while you create your dream home plans. 2 Road Frontages and surrounded by the most luxurious estate homes in South Surrey. Truly a remarkable offering to experience and own. (id:48205)

5 Bedroom 5 Bathroom 6054
For sale
$7,888,888
14383 28 AVENUE, surrey, British Columbia

14383 28 Avenue

Surrey, British Columbia

Located in one of South Surrey's most prestigious neighbourhoods, Elgin-Chantrel. This grand-scale luxury residence sits majestically on a privately situated 1.08 acre park-like estate with circular gated driveway and professionally landscaped gardens. Designed by one of Vancouver's most respected architects, this 11 bedroom, 13 bathroom Mansion boasts over 14,000 square feet of expansive luxury living providing an indoor outdoor lifestyle like no other. Experience an impeccable choice of quality materials and luxury appointments including Control4 automation and garage parking for 5 vehicles. (id:48205)

8 Bedroom 12 Bathroom 14092
For sale
$7,500,000
2729 CRESCENT DRIVE, surrey, British Columbia

2729 Crescent Drive

Surrey, British Columbia

Magnificent Contemporary Estate Residence perched high above Crescent Beach on the exclusive street of dreams, Crescent Drive. Built to the highest quality by Gallery Homes & designed by Raymond Bonter, this 9,607sqft gated mansion boasts sensational Ocean & Mountain Views. Ideal for indoor/outdoor entertaining with expansive living spaces flowing onto 3,000sqft of outdoor patio spaces. Grand foyer with soaring ceilings flows into the Great Room with double-height ceilings and gorgeous views. Dream Kitchen with Viking Appliances. Elevator to 3 levels, upper level features 5 ensuited bedrooms, distinctly designed for optimal family living and guest stays. Lower level boasts an indoor pool, Bar, Rec. Room, Wine Cellar & access to the 34,608sqft manicured lawns and gardens. A True Masterpiece (id:48205)

5 Bedroom 7 Bathroom 9607
For sale Open House
$6,899,000
14038 27A AVENUE, surrey, British Columbia

14038 27a Avenue

Surrey, British Columbia

"Elements Estate" - This exceptional grand-scale luxury estate residence is situated on a prized 1.03 acre property and located in the confines of South Surrey's ultra- exclusive and most prestigious ELGIN estate neighbourhood! The architectural elegance and grandeur with its bold stone and wood exterior and beautiful landscape create an impressive majestic presence. 10312 sft. floor size with exquisite design, master craftsmanship and opulent finishes blend seamlessly to create an international masterpiece while embracing the security and convenience of technology. Luxurious accessory building for guests to stay. Lush, mature hedges, and dense greenery surround the property for the utmost privacy.The unique mansion with its fresh elements awaiting to entertain and spoil you. (id:48205)

6 Bedroom 9 Bathroom 10312
For sale Open House
$6,888,000
2458 140 STREET, surrey, British Columbia

2458 140 Street

Surrey, British Columbia

Step into unparalleled luxury at this exquisite custom-built mansion in Sunnyside Park, South Surrey. Boasting over 10,000sqft of opulent living space, this residence is a masterpiece of architectural finesse. Indulge in premium natural marble, granite, & exterior stones adorning both the interior & exterior. Marvel at the custom rock feature wall, accentuated by elegant lighting, as you enter the grand foyer with double-height ceilings. The craftsmanship extends to custom millwork staircases & beyond. The gourmet chef's kitchen is a culinary haven, equipped w/ MIELE appliances, a built-in pantry & a dedicated Wok/Spice Kitchen. Featuring an impressive 10 bedrms, including two Master/Primary bedrms for the utmost comfort and luxury. Entertain guests in a dedicated entertainment area complete w/ gym, sauna, media room, wet bar & three additional bedrms. A legal suite is ready to accommodate extended family or serve as a lucrative mortgage helper. Open House, Sat, Apr 13, 1pm to 4pm. (id:48205)

10 Bedroom 12 Bathroom 10387
For sale
$6,650,000
13375 CRESCENT ROAD, surrey, British Columbia

13375 Crescent Road

Surrey, British Columbia

Upon entering the custom Tree of Life gate at Sunset Ridge you'll notice how the mature landscaping provides privacy. Raymond Bonter designed and Nathan Construction built this Georgian estate on 1.27 acres, with pool, hot-tub and an EXCLUSIVE PRIVATE DOCK on the river. Finishings include Travertine tile, radiant in floor heating, extensive millwork and oversized Euroline windows framing the views of the pool, gardens, River, OCEAN, city lights and SUNSETS! The gourmet kitchen is outfitted with an AGA range, 2 islands, gas cooktop, Sub-zero fridge-freezer, built in steam and microwave ovens, and lots of storage. Your new master suite boasts 2 w/i closets, dual sinks, 2 person jetted tub, and steam shower. All bedrooms are ensuited. Below is a perfect in-law, guest or nanny suite. (id:48205)

5 Bedroom 8 Bathroom 8526
For sale
$6,499,000
13396 CRESCENT ROAD, surrey, British Columbia

13396 Crescent Road

Surrey, British Columbia

Luxury living at its finest! You can envision this a home once you enter this spectacular gated property. Located on Crescent Road this home contains an outdoor lover's delight. From beautiful outdoor entertainment area with high quality turf, outdoor pool, mini golf area, life size chess board, built in BBQ, F/P and outdoor kitchen! The main floor has an outstanding open concept great room with 10 ft folding doors that blend the indoors & the outdoor living spaces. The main floor features a master bedroom and spacious office. The upstairs contains another master bedroom with 2 walk in closets. The lower level offers ample entertainment space with bar, theater room, sauna, steam shower, media room & bedroom & nanny suite. Other features include radiant floor heating, smart home system & 3 car garage. (id:48205)

7 Bedroom 8 Bathroom 8731
For sale
$6,498,000
13975 34 AVENUE, surrey, British Columbia

13975 34 Avenue

Surrey, British Columbia

Luxury Mansion located in a beautiful & quiet tree surrounding neighborhood, half of the street are new mansions. Rooms are spacious everywhere & full of natural sunshine. 12 ft high ceilings in the kitchen & dining room. High end appliances & finishing. All bedrooms have own balcony or deck and full ensuite bathrooms. Well designed, solid structural and multifunctional. School catchment: Chantrell Creek Elementary and Elgin Park Secondary. (id:48205)

5 Bedroom 6 Bathroom 7666
For sale
$5,980,000
13315 25 AVENUE, surrey, British Columbia

13315 25 Avenue

Surrey, British Columbia

"The Brohmstone" welcomes you to unparalleled luxury and craftsmanship in the esteemed neighborhood of Elgin Chantrell. Nestled within a serene Cul-De-Sac,this estate boasts a rare gem, a spiral staircase that sets the tone for the grandeur within. The great room exudes elegance and spaciousness, providing the perfect setting for gatherings and entertainment. The primary ensuite, located on the main floor, offers a sanctuary of relaxation with its spa-like bathroom, ensuring utmost comfort and luxury for its occupants. A magnificent 50-foot indoor natatorium, a Whistler resort-inspired family room awaits, complete with a gas fireplace and wood beam accents, offering a cozy and inviting ambiance for relaxation and leisure. Enjoy professional landscaping 1 acre w/tennis court & tranquil pond (id:48205)

5 Bedroom 6 Bathroom 7721
For sale
$5,958,000
2737 CRESCENT DRIVE, surrey, British Columbia

2737 Crescent Drive

Surrey, British Columbia

WEST Coast Contemporary Home with stunning ocean, mountain, sunset, and city views. The meticulous attention to detail and quality craftsmanship is evident. Main floor, 1 bedroom suite, perfect for in-laws. Open concept great room with extensive Euroline windows capturing the outdoors, adjoints with Gourmet Chef's Kitchen, formal dining room. Upstairs, 2 bedroom suites including the luxurious primary retreat with jetted bathtub, a steam shower, a fireplace, a sitting area, and its own W/D. The walk-out basement features a gym, Billiards room, wet bar, Media room, 2 more bedrooms with separate access. Bachelor suite above the triple car garage. Brazilian Cherry Jatoba flooring throughout. Outdoor pool, hot tub, power blinds, Control-4 system, heat pump, Sculptural Landscaping. (id:48205)

6 Bedroom 7 Bathroom 8061
For sale
$5,898,000
2555 141 STREET, surrey, British Columbia

2555 141 Street

Surrey, British Columbia

CUSTOM BUILT MODERN LUXURY designed by Rose & Funk Interiors. Full home automation, an elevator, marble floors and slabs, rich hardwood floors, soaring ceilings and walls of windows throughout this 8,400sqft mansion. Grand Foyer with marble floors flows into a striking Living Room and Dining Room with a custom wine display. Great Room seamlessly creates the perfect indoor and outdoor entertainment space. Top-of-the-line Kitchen with a bonus Chef's Kitchen. Private Modern Suite with a Shangri-La inspired Ensuite. Lower level finished with a Legal Guest Suite, Rec. Room, Gym, Bar, Sauna and Theatre Room. Meticulous estate is located on a perfectly manicured property with gated entry and lush landscaping. Steps to Chantrell Creek and Elgin Park Secondary. Where Luxury Meets Quality! (id:48205)

7 Bedroom 8 Bathroom 8355
For sale
$5,898,000
2565 141 STREET, surrey, British Columbia

2565 141 Street

Surrey, British Columbia

Exquisite Coastal-Modern inspired residence designed to perfection by Rose & Funk Interiors. This 8,000sqft home boasts full home automation, an elevator, rich millwork and designer features throughout. The grand foyer leads to a grand living and dining area for formal entertaining. The great room seamlessly connects indoor and outdoor spaces, complemented by a top-tier kitchen and bonus chef's kitchen. 4 bedrooms above including the Hotel-Inspired Primary Bedroom. The lower level offers a legal guest suite, recreational room, gym, bar, sauna, and flex room. Situated on a meticulously landscaped property with a gated entry, this estate is steps away from Chantrell Creek and Elgin Park Secondary-a combination of luxury and quality. (id:48205)

8 Bedroom 9 Bathroom 7842
For sale
$5,725,000
13585 28 AVENUE, surrey, British Columbia

13585 28 Avenue

Surrey, British Columbia

GATED PALATIAL ESTATE IN ELGIN situated on a private 1.2+ acre property. This timeless estate offers expansive living throughout. In addition to the primary home, a self contained guest house is nestled about the triple car garage, overlooking the manicured park-like grounds. Enter the grande foyer & discover the expansive formal areas, executive office, gourmet kitchen, prep kitchen, butler's station, eating area, sensational great room with direct access to the outdoor fireside lounge+ BBQ. Bonus: Bedroom suite on main. Upper level offers 4 spacious bedrooms, including the owner's suite with luxurious appointments: fireplace, vanity, double closets, spa ensuite. Add'l features: Theatre, gym, bar, hot tub spa, golf green, playground - all with walk out access on the lower level. (id:48205)

7 Bedroom 8 Bathroom 7530
For sale
$5,700,000
14147 24TH AVENUE, surrey, British Columbia

14147 24th Avenue

Surrey, British Columbia

14147 24th Ave, V4A 9Y8 - Nestled in the prestigious South Surrey White Rock, specifically within the charming sub-area of Sunnyside Park Surrey, you are invited into a realm of opulence and refinement. Adjacent to Elgin Park Secondary School, this distinguished mansion, meticulously crafted sits on a 1 Acre lot, ft. 5 beds, 5.5 baths, & over 4,400 SF of interior space. Its west-facing orientation floods the residence with natural light creating a dreamy ambience. Step outside to a sprawling backyard, perfect for entertainment and leisure, complemented by a discreetly positioned workshop/storage area with a BBQ section and fireplace for alfresco dining. With a four-car garage and ample storage, this home caters to the practical needs of modern living. Potential subdivision to smaller lots. Indulge in the epitome of luxury living by scheduling a private viewing today (id:48205)

5 Bedroom 6 Bathroom 4368
For sale
$5,688,000
20709 EASTLEIGH CRESCENT, langley, British Columbia

20709 Eastleigh Crescent

Langley, British Columbia

A rare find development site in central Langley. Close approximately to Surrey- Langley Skytrain Extension. OCP allows FSR up to 2.1, up to 6 story. The next door development of 6-story condo building almost done. Currently has 7 units of townhouse fully tenanted with good cash flow. Desirable location that close all accesses such as restaurants, bars, groceries, transit, park, playground, professional services and University. this area is proved to be a promising investment for investors. Don't miss ! By appointment only. (id:48205)

3 Bedroom 2 Bathroom 11900
For sale
$5,688,000
20709 EASTLEIGH CRESCENT, langley, British Columbia

20709 Eastleigh Crescent

Langley, British Columbia

A Rare Find Development Site in Central Langley. Close proximity to Surrey-Langley Skytrain Extension. OCP allows FSR up to 2.1, up to 6 story, holding income available. The next door development of 6-story condo building almost done. Currently has 7 units of townhouse fully tenanted. Desirable location that close all accesses such as restaurants, bars, groceries, transit, park, playground, professional services and University. This area is proved to be a promising investment for investors. Fully tenanted with good cash flow. Ask for brochure with details. Don't Miss. (id:48205)

For sale
$5,507,000
2923 WOODCREST PLACE, surrey, British Columbia

2923 Woodcrest Place

Surrey, British Columbia

Exclusive custom home in the Elgin area this home is located in a cul-de-sac in an area of LUXURY estates. Grand foyer + staircase lead into this exceptional home, entertainment grand living/dining area with built in bar, gourmet kitchen (S/steel appliances-Viking/Sub-zero) + wok/spice kitchen, adjacent family room and spacious sundrenched conservatory for year round views of the delightful gardens. Five bedrooms in total (ensuite) seven bathrooms this thoughtful design features a movie theatre and guest suite on the main floor - ideal for entertaining or cozy nights at home! Stunning primary bedroom with luxurious ensuite + French Doors to a huge private deck. 7539 sq.ft. living space, A/C, TRIPLE car garage, Koi pond, 0.92 acre lot! Covered outdoor patio with fireplace! Gated - by appt pls! (id:48205)

5 Bedroom 7 Bathroom 7539
For sale
$5,498,000
14433 28 AVENUE, surrey, British Columbia

14433 28 Avenue

Surrey, British Columbia

MAGNIFICENT ELGIN MANSION WITH MOUNTAIN VIEWS. This gated chateau exudes sophistication & modern elegance. The foyer seamlessly flows into the living room with soaring 12-ft ceilings, intricate millwork, custom iron railings, & designer chandeliers. The great room offers folding glass walls, with direct access to the covered heated terrace, ideal for year round enjoyment. The gourmet kitchen & the WOK kitchen are fitted with high-end cabinetry + MIELE appliances. Features: Home theatre, wet bar, dance room, sports lounge, option for a 1 bedroom self-contained suite with kitchen, Control4 smart home, automated blinds, & steam shower. BONUS: LANEWAY home with office & spa room, showstopper SPORTS COURT, golf putting green & pool option. Minutes to the beach, premier schools, shopping & MORE. (id:48205)

6 Bedroom 7 Bathroom 7435
For sale
$5,390,000
13462 25 AVENUE, surrey, British Columbia

13462 25 Avenue

Surrey, British Columbia

Once in a lifetime you come upon a magnificent, luxury, gated property offering the charm of Whistler-inspired architecture, located on a cul-du-sac in a highly sought after neighbourhood. Custom built to the highest standards with extensive millwork, arches, vaulted ceilings, brick feature walls, natural limestone & heart-fee fir beams & posts thruout interior & exterior of home. Beautiful walnut wide plank flooring. Chef's dream kitchen with leathered granite counter tops & high end appliances. Two upstairs areas accessed by separate staircases & a spiral staircase to a 3rd level loft. Resort-like pool/hot tub overlooks beautifully manicured gardens (20 zone irreg. system) BASEMENT AREA IS COACH HOUSE with world-class recording studio, 2 bdrm/2bath. (id:48205)

7 Bedroom 8 Bathroom 6944
For sale
$5,188,000
2650 136 STREET, surrey, British Columbia

2650 136 Street

Surrey, British Columbia

Grand Country Manor on a 1.1 acre private, double gated family estate in the peaceful heart of prestigious Elgin Chantrell ! Wonderful large 4 br family home, open plan carefully designed in & out. A sprawling gourmet kitchen to entertain family & guests. A luxurious 5 pc. master above, in floor heating throughout, A/C & HRV sys. on demand & nat. gas gen. available for backup security. Huge manicured front & back yards with a varieties of foliage, plan fun activities around in-ground pool & jac, outdr shower, heated & massive covered bbq patio area, koi pond and playground for the kids. Detached coach house is privately planned with a massive 4 car heated checkered garage floor, and large space above. Short walk to Chantrell & Elgin Schools. Discover tranquility # White Rock South Surrey. (id:48205)

6 Bedroom 8 Bathroom 4651
For sale
$5,000,000
13583 24 AVENUE, surrey, British Columbia

13583 24 Avenue

Surrey, British Columbia

1.29 Acre Prime location steps to Elgin Secondary. Investors and Developers look at this one. Currently under application to increase density with the City of Surrey. Plenty of potential upside. This home is ready to find it's next owner. Potential to hold and improve value with new development options or build an estate home. Call for listing package that will include the development opportunity. This home is virtually open at all times see the 3D virtual tour. Contact your realtor for more info. (id:48205)

4 Bedroom 3 Bathroom 3515
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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