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About this home

2-bed 1-bath townhouse in Surrey, listed at $564,321.

Property details

Beds

1 full

Baths

1,080 ft²

Floor area

1978

Year built

Storeys

Parking

$350/mo

Strata fee

$2,540/yr

Gross tax

Location & structure

Townhouse

Type

None

Basement

Carport

Cloverdale

Area

Cloverdale BC

Sub-area

Basement

None

Structure

Residential Attached

Property highlights

In-suite laundry

Features & inclusions

Heating

Electric

Parking

Open

Laundry

In Unit

Additional details

Common interest

Condominium

Levels

Two

Main floor (ground)

611 ft²

Listed by Royal LePage Little Oak Realty. Data from BCRES. Last updated Jul 9, 2026, 11:52 AM.

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.

Mortgage estimate

Using listing data

Est. monthly total

$3,395

/mo

CMHC $12,641 added

Rate

Amortization

Principal and interest

$2,683

Property tax

$212

Strata fee

$350

P&I

Tax

Strata

Down payment

$112,864 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $112,864 down (20%) on $564,321, 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 · 815 listings

Detached	276	33.9%
Condo / Apartment	243	29.8%
Townhouse	243	29.8%
Land	27	3.3%
Duplex	17	2.1%
Other	9	1.1%

Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Surrey · 230 dwellings

Row house215 · 93.5%

Single-detached10 · 4.3%

Apartment in duplex5 · 2.2%

Source: Statistics Canada · 2021 Census of Population

Market story

Rent in Surrey

Census 2021 avg $1,400/mo here · Vancouver 2BR rent trend below

$2,696

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

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

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

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 #59152333· Surrey· Transit 75/100 (227m to frequent)· 0.19 km²

Median rent here

$1,400

Owner shelter cost

$1,540

Renters

6.1%

30%+ on shelter

12.0%

Population (2021)

545

Median age

37.2

Avg household size

2.4

Avg household income

$100,000

Renters

6.1%

Owners

91.8%

Immigrants

19.8%

Post-secondary

51.6%

Avg home value

$556,000

Single status

22.7%

Not in labour force

22.1%

Households with kids

42.2%

Median rent

$1,400

Owner shelter cost

$1,540

30%+ on shelter

12.0%

Breakdown

$20,000 to $24,999	5	2.3%
$30,000 to $34,999	10	4.5%
$35,000 to $39,999	10	4.5%
$45,000 to $49,999	5	2.3%
$50,000 to $59,999	20	9.1%
$60,000 to $69,999	20	9.1%
$70,000 to $79,999	10	4.5%
$80,000 to $89,999	15	6.8%
$90,000 to $99,999	25	11.4%
$100,000 to $124,999	40	18.2%
$125,000 to $149,999	30	13.6%
$150,000 to $199,999	20	9.1%
$200,000 and over	10	4.5%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152333).

19211 Fairway Drive

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