South facing bright 2 story house located in quite desirable ocean park. Over 2800 st finished area contains total 5 bdrm and 4 full bthrm. Unauthorized in-law suite has separate entry and insuite laundry . 3 bds and 2 full bthrm up with open floor plan,newer ss appliance, quartz countertop, huge mud and laundry room.Roof and window-2012, hot water tank-2024.Short distance to ocean park shopping center.School catchment: Elementary-Ray Shepherd,Secondary-Elgin Park, Laronde French immersion school is nearby,public transit one block away. Public open house Sunday July 12, 2-4pm
Listed by Homelife Benchmark Realty Corp.. Data from BCRES. Last updated Jul 7, 2026, 10:11 PM.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $315,000 down (20%) on $1,575,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this 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 · 322 listings
Detached
267
82.9%
Condo / Apartment
19
5.9%
Land
15
4.7%
Townhouse
11
3.4%
Half-duplex
6
1.9%
Other
4
1.2%
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 · 185,675 dwellings
Single-detached60,895 · 32.8%
Apartment in duplex42,540 · 22.9%
Low-rise apartment37,470 · 20.2%
Row house30,930 · 16.7%
High-rise apartment8,835 · 4.8%
Semi-detached3,795 · 2.0%
Movable dwelling1,055 · 0.6%
Other single-attached155 · 0.1%
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 #59152614· Surrey· Transit 77/100 (168m to frequent)· 0.19 km²
Median rent here
$1,434
Owner shelter cost
$910
Renters
10.3%
30%+ on shelter
30.8%
Population (2021)
512
Median age
52.0
Avg household size
2.7
Avg household income
$137,000
Renters
10.3%
Owners
89.7%
Immigrants
29.3%
Post-secondary
69.0%
Avg home value
$1,400,000
Single status
18.2%
Not in labour force
43.7%
Households with kids
35.9%
Median rent
$1,434
Owner shelter cost
$910
30%+ on shelter
30.8%
Breakdown
$40,000 to $44,999
5
2.9%
$50,000 to $59,999
10
5.7%
$60,000 to $69,999
10
5.7%
$70,000 to $79,999
15
8.6%
$80,000 to $89,999
10
5.7%
$90,000 to $99,999
5
2.9%
$100,000 to $124,999
25
14.3%
$125,000 to $149,999
15
8.6%
$150,000 to $199,999
35
20.0%
$200,000 and over
45
25.7%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152614).
Market story
Rent in Surrey
Census 2021 avg $1,434/mo here · Vancouver 4BR rent (est) 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
