Attention investors first time buyers and families! This updated 2 bed 2 bath 2 parking 2 storage ground floor home is ideally located a short walk from both Princess Margaret Secondary and Kwantlen Polytechnic University; making it an ideal student rental or starter home. The long list of upgrades includes new laminate flooring, renovated kitchen w/ new white cabinets, backsplash & stainless steel appliances, space-saving modern sliding doors to the side by side top loading laundry, a lovely custom fireplace mantle, and statement dining light! Ideal for pets and children, the private paver stone patio leads to a grassy area behind the home. And unlike today's tiny condos, both bedrooms here fit a king! Home is where your Storey begins!
Property details
2
Beds
2 full
Baths
942 ft²
Floor area
1995
Year built
4
Storeys
2
Parking
$350/mo
Strata fee
$2,303/yr
Gross tax
Location & structure
Single Family
Type
None
Basement
1
Fireplace
Other
Style
Listed
July 9, 2026
Basement
None
Structure
Apartment
Property highlights
Patio
Fireplace
Building amenities
In-suite laundry
Features & inclusions
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener
Heating
Baseboard heaters, Natural gas
Parking
Underground
Community
Pets Allowed With Restrictions, Rentals Allowed
Additional details
Common interest
Freehold
Tax year
2025
Listed by RE/MAX Treeland Realty. Last updated Jul 9, 2026, 12:15 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $80,000 down (20%) on $399,999, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 966 listings
Detached
378
39.1%
Townhouse
313
32.4%
Condo / Apartment
199
20.6%
Land
21
2.2%
Mobile home
21
2.2%
Other
34
3.5%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Surrey · 615 dwellings
Low-rise apartment415 · 67.5%
Apartment in duplex100 · 16.3%
Row house90 · 14.6%
Single-detached10 · 1.6%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59153389· Surrey· Transit 72/100 (386m to frequent)· 0.52 km²
Median rent here
$1,250
Owner shelter cost
$1,740
Renters
40.0%
30%+ on shelter
32.3%
Population (2021)
2,152
Median age
33.2
Avg household size
3.5
Avg household income
$94,000
Renters
40.0%
Owners
59.2%
Immigrants
52.7%
Post-secondary
45.6%
Avg home value
$752,000
Single status
32.3%
Not in labour force
37.2%
Households with kids
47.5%
Median rent
$1,250
Owner shelter cost
$1,740
30%+ on shelter
32.3%
Breakdown
Under $5,000
5
0.8%
$10,000 to $14,999
10
1.6%
$15,000 to $19,999
10
1.6%
$20,000 to $24,999
15
2.4%
$25,000 to $29,999
15
2.4%
$30,000 to $34,999
15
2.4%
$35,000 to $39,999
20
3.2%
$40,000 to $44,999
25
4.0%
$45,000 to $49,999
30
4.8%
$50,000 to $59,999
60
9.6%
$60,000 to $69,999
65
10.4%
$70,000 to $79,999
45
7.2%
$80,000 to $89,999
45
7.2%
$90,000 to $99,999
45
7.2%
$100,000 to $124,999
75
12.0%
$125,000 to $149,999
40
6.4%
$150,000 to $199,999
65
10.4%
$200,000 and over
40
6.4%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153389).
Market story
Rent in Surrey
Census 2021 avg $1,250/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
