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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
$34,999,000
2185 176 STREET, surrey, British Columbia

2185 176 Street

Surrey, British Columbia

7.97 acres of development land in highly desirable Grandview Heights Area 5. Grandview Heights General Land use Plan designation - Urban Residential (4-15 UPA) in the OCP from 2005, lots of potential for higher density. Easy access to highway 99 and highway 1 minutes to US border and close to Langley great location for development. (id:48205)

1 Bedroom 1 Bathroom 1127 sqft
For sale
$19,300,000
2712-2722 176 STREET, surrey, British Columbia

2712-2722 176 Street

Surrey, British Columbia

Investors/Developers ALERT! 6.18 Acres in Redwood Heights NCP! Stage 2 of the NCP is approved. Proposed multiple residential development. The site has 2 houses and several outbuildings. VALUE IN LAND. This is your chance to get a developable property at a great price! (id:48205)

1 Bedroom 1 Bathroom 3169 sqft
For sale
$17,999,000
2213 176 STREET, surrey, British Columbia

2213 176 Street

Surrey, British Columbia

Developer alert! Up to 15upa according to 2005 OCP, Maybe more in the future. Please refer the comparables 16709-25A-Ave, 17237-26Ave, 16168-30Ave, 16779-EDGEWOOD-DR, & many more recently comparables available upon request. It will be fronted to potential 22Ave, Hwy15 and 174 St. fastest growing areas in South Surrey. Home good shape for renting. Currently rented. Owner wants to sell now! Do the research, talk to the city, find out the potential, then bring your best offer. No showing, no open house, no trespassing, tenants occupied, land value only. (id:48205)

3 Bedroom 1 Bathroom 1096
For sale
$13,288,800
17508 18 AVENUE, surrey, British Columbia

17508 18 Avenue

Surrey, British Columbia

EXCELLENT DEVELOPMENT PROPERTY 1.8 Acre in Dart Hill NCP#3 area. Please check with City of Surrey for Details. Frontage 210 feet and Depth 374 feet. Located in the heart of South Surrey, South facing backyard. Well maintained home with nice kitchen and Sunroom. double garage! Separate full size shed built to accommodate an full size R.V. Private backyard features multiple fruit trees and a patio wired for your hot tub. Great investment property. (id:48205)

3 Bedroom 2 Bathroom 2573 sqft
For sale
$12,880,000
2381 176 STREET, surrey, British Columbia

2381 176 Street

Surrey, British Columbia

Investor / Developer Alert! ~2.86 Acres of development land in the CENTRAL LOCATION of GRANDVIEW HEIGHTS! Nice and flat corner lot with ~765 feet frontage on 24 Ave! Proposed multi-unit residential development. Don't miss your chance! (id:48205)

3 Bedroom 2 Bathroom 1106
For sale
$12,850,000
3010 176 STREET, surrey, British Columbia

3010 176 Street

Surrey, British Columbia

4.93 Acre Development site in Redwood Heights (Grandview Area 4). Priced Well. (id:48205)

3 Bedroom 3 Bathroom 1478 sqft
For sale
$10,000,000
150 192 STREET, surrey, British Columbia

150 192 Street

Surrey, British Columbia

5.65 Acres Upper Hazelmere Valley. Fabulous NON-ALR holding property with large 5 bedroom executive home, huge double garage with professionally built barn. This area is prime for future development ! (id:48205)

4 Bathroom 4318 sqft
For sale
$9,900,000
1737 176 STREET, surrey, British Columbia

1737 176 Street

Surrey, British Columbia

Area # 3 prime view property with an application in for 35 townhouse units, some with lock off one bedroom suites. Existing 3 bedroom rancher is very rentable while your going through the development process. There's also a barn, workshop and garage. You are on the south slope in the Darts Hill Area Plan with potential for some views with a new development. (id:48205)

3 Bedroom 2 Bathroom 1750
For sale
$8,998,000
17007 28 AVENUE, surrey, British Columbia

17007 28 Avenue

Surrey, British Columbia

Home with 2.6 acres in Grandview area South Surrey. Great opportunity for developers and investors! Superb luxury home with impeccable maintenance and unbeatable development potential. This grand estate offers 8,900 square feet of living space, featuring 7 bedrooms and 6 bathrooms. Exquisite custom millwork is evident throughout the residence. The spacious and majestic living room, and chef's kitchen with a dual island design, exude sophistication. High ceilings and large windows fill the interior with natural light. The master suite is situated on the main floor and includes a two-sided fireplace, a sunlit terrace, a luxurious bathroom with a steam/massage shower, and a jetted tub. 4 spacious bedrooms and two full bathrooms upstairs, all adorned with HW floors. (id:48205)

6 Bedroom 7 Bathroom 8900 sqft
For sale
$8,850,000
1440 184 STREET, surrey, British Columbia

1440 184 Street

Surrey, British Columbia

LUXURY from the moment you walk inside you notice the incredible attention to detail, high-end finishes & quality craftsmanship. This home features a bright living room w/tons of natural light, dream kitchen w/pantry & great room w/bar all overlooking the outdoor pool & surreal landscape. Also on the main, you'll find a formal dining room, 2 powder rooms, 2 home offices & a library. The upper level primary bedroom is a true oasis w/gas fireplace, spa-like ensuite & 2 huge walk-in closets. Plus a 2nd primary, 3 additional bedrooms, fitness room, billiards room & den. Enjoy summers outside in the pool & hot tub with acres of beauty surrounding you. Enjoy winters in the incredible indoor pool house. Work in the detached shop all year round! This truly is a remarkable dream property! (id:48205)

5 Bedroom 8 Bathroom 8633
For sale
$8,500,000
1750 176 STREET, surrey, British Columbia

1750 176 Street

Surrey, British Columbia

Investor Alert! Builder Alert! The property is located in the Darts Hill Neighborhood Concept Plan, which was approved by Council on May 10, 2021. New residential development stated in the Dart Hill Neighborhood Concept plan will provide a variety of housing types to support working professionals, families, and seniors. The intent of the High Density Townhouse designation is to provide higher density townhouse buildings, and ground-oriented multiple residential with a typical height up to 4 storeys for stacked townhouse in select locations and up to 3 storeys for townhouse. Density Range: Base 25 UPA and up to 30 UPA with Zero Carbon Incentive Typical Heights: Up to 4 storey for stacked townhouse in select locations. Up to 3 storey for townhouse. (id:48205)

3 Bedroom 1 Bathroom 1561
For sale
$7,999,000
2727 176 STREET, surrey, British Columbia

2727 176 Street

Surrey, British Columbia

Excellent development property with short distance to brand new schools, renowned aquatic centre, shopping district & highway access. The petition letters for Initiating a new NCP have been submitted to the City of Surrey and is on the wait list for council review. Situated in Grandview NCP area 5, this property is currently designated up to 15 units/acre in Grandview Land Use concerpt with secondary road access available on its north side for future servicing & development. Large 3,500 sqft. 3 beds and 2 baths cozy home with walkout basement offering large recreation room, games room and separate entry. Great holding, investment & live-in property, Don't miss this excellent opportunity! (id:48205)

3 Bedroom 2 Bathroom 3580
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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