Approximately 1255sqft of living space! 3 spacious bedrooms and upgraded with laminate flooring and SS appliances in 2019 and 2021 by the previous owner and a recently renovated bathroom. Located in the heart of Newton, everything you need is here! Close to main access roads King George and 72nd Avenue. Nestled in a well-maintained complex with a mix of townhouses and 3 apartment buildings, a tennis court, a clubhouse with an indoor pool and gym, playground. Great as a long-term investment property or first home for a growing family. Heat and hot water included in strata fee! Comes with 1 parking spot and 1 locker. Check out the large kitchen, living and dining areas and primary bedroom with walk-in closet! Laundry room is just a few steps away on the same floor.
Property details
3
Beds
1 full
Baths
1,255 ft²
Floor area
1976
Year built
1
Storey
1
Parking
$720/mo
Strata fee
$2,238/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
Surrey
Area
East Newton
Sub-area
Basement
None
Structure
Multi Family
Property highlights
Balcony
Gym
Pool
Meeting/Party Room
Building amenities
Caretaker
Hot water incl.
Features & inclusions
Appliances
Dishwasher, Refrigerator, Stove
Heating
Baseboard, Hot Water
Parking
Underground, Front Access
Lot
Central Location, Recreation Nearby
Interior features
Elevator
Community
Shopping Nearby
Additional details
Common interest
Condominium
Main floor (ground)
1,255 ft²
Tax year
2025
Listed by Multiple Realty Ltd.. Data from BCRES. Last updated Jun 23, 2026, 8:47 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.
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 $111,800 down (20%) on $559,000, 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 · 843 listings
Detached
390
46.3%
Townhouse
286
33.9%
Condo / Apartment
113
13.4%
Mobile home
22
2.6%
Land
15
1.8%
Other
17
2.0%
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 · 530 dwellings
Row house305 · 57.5%
Low-rise apartment225 · 42.5%
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 #59152255· Surrey· Transit 2/100 (4879m to rapid)· 0.15 km²
Median rent here
$1,120
Owner shelter cost
$1,740
Renters
30.9%
30%+ on shelter
28.6%
Population (2021)
1,497
Median age
37.2
Avg household size
2.8
Avg household income
$88,400
Renters
30.9%
Owners
70.1%
Immigrants
46.4%
Post-secondary
48.6%
Avg home value
$518,000
Single status
31.0%
Not in labour force
28.2%
Households with kids
47.2%
Median rent
$1,120
Owner shelter cost
$1,740
30%+ on shelter
28.6%
Breakdown
Under $5,000
5
0.9%
$15,000 to $19,999
10
1.9%
$20,000 to $24,999
25
4.7%
$25,000 to $29,999
10
1.9%
$30,000 to $34,999
20
3.7%
$35,000 to $39,999
20
3.7%
$40,000 to $44,999
20
3.7%
$45,000 to $49,999
15
2.8%
$50,000 to $59,999
50
9.3%
$60,000 to $69,999
35
6.5%
$70,000 to $79,999
40
7.5%
$80,000 to $89,999
45
8.4%
$90,000 to $99,999
45
8.4%
$100,000 to $124,999
75
14.0%
$125,000 to $149,999
45
8.4%
$150,000 to $199,999
55
10.3%
$200,000 and over
20
3.7%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152255).
Market story
Rent in Surrey
Census 2021 avg $1,120/mo here · Vancouver 3BR 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
