Surrey British Columbia is still an incredible market to invest in if you are looking to buy a condo. Surrey BC has so many new condo developments, making this a very dynamic and constantly growing market for young families looking to own their first home, and of course, for investors from all over BC and Canada that are looking for that right investment opportunity. Let The Taylor Team of Sutton Realty show you why Surrey BC has so much to offer and an abundance of Surrey condos for sale. We can help you buy a condo in Surrey that will suit all your needs.
| All Listings | $200,000 - $300,000 | $300,000 - $400,000 |
| $400,000 - $500,000 | $500,000 - $600,000 | $600,000 - $700,000 |
| $700,000 - $800,000 | $800,000 - $900,000 | $900,000 - $1,000,000 |
| Over $1,000,000 |
Condos bought in Surrey are a relatively smart investment. According to MLS® Home Price Index – Fraser Valley (May 2017), the benchmark price of a Surrey apartment condo has changed by 41% in the last 5 years and is currently $284,000.
If you are purchasing a Condo for Sale in Surrey for rental income there are usually many options. You can buy a decent rental unit with low strata fees for under $200,000 which you can’t do in Vancouver. Also, Surrey grows by 900-1,100 people per month and it has the highest birth rate in BC with approximately 400 babies born every month. This makes this area a prime area to invest in rental properties and great for eventual resale value.
There are a number of new Surrey condo developments in various stages of construction and scheduled for completion late 2017 or 2018. These include 133 + Old Yale (248 units), Beachborough (51 units), Crescendo (73 units), Holland Pointe (35 stories), Innovation (6 stories), and Yale Bloc 3 (48 units). There are new condos in Surrey to suit every lifestyle and budget!
Other notable condos in Surrey include 3 Civic Plaza and Ocean Park Gardens. 3 Civic Plaza is Surrey’s only premium hotel and residences, and the tallest residential tower of the Fraser. It offers desirable real estate value because of its close proximity to Surrey Central Sky Train Station (just a 37-minute commute to Waterfront Station, Vancouver) and Highway 1. Ocean Park Gardens is an established luxury condo development with huge 1,600+ sq ft units rarely on the market. Ocean Park Gardens is known for its craftmanship and millwork that make your typical condo unit feel more like a house than apartment.
Call the Taylor Team at 778-316-4290 to find out which areas in Surrey are to see the largest population boom in the next years to come and where the safest places to invest your money are. You can also fill out this form and our team of Surrey real estate agents will contact you.
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.
Listing information last updated on December 11th, 2019 at 9:15pm PST.
