ULTRA Tower - Live in the Heart of Surrey's Vibrant City Centre! Just steps from the SkyTrain, this bright and modern 1 Bed/1 Bath corner unit offers 635 sqft of stylish urban living with breathtaking panoramic views of the mountains, Fraser River, and city skyline. Located in the sought-after ULTRA Tower, this home features floor-to-ceiling windows, sleek quartz countertops, premium laminate flooring and high-end stainless steel appliances. Enjoy unmatched convenience with walking access to T&T Supermarket, Central City Mall, SFU, City Hall, restaurants, banks, and more. The building offers premium amenities including a fully equipped fitness centre and meeting room. 1 secure parking stall and storage locker included.
Property details
1
Beds
1 full
Baths
635 ft²
Floor area
2013
Year built
1
Parking
$362/mo
Strata fee
$1,861/yr
Gross tax
Location & structure
Single Family
Type
None
Basement
5 Level
Style
Listed
April 9, 2026
Style
5 Level
Basement
None
Structure
Apartment
Property highlights
Mountain view
City view
Gym
Underground parking
Storage locker
Near SFU
Features & inclusions
Appliances
Washer, Stove, Dryer, Microwave, Garage door opener
Heating
Baseboard heaters, Electric
Parking
Underground
Community
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2025
Listed by Dracco Pacific Realty. Last updated Jul 8, 2026, 9:35 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.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $79,800 down (20%) on $399,000, 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 · 1,377 listings
Condo / Apartment
794
57.7%
Detached
412
29.9%
Townhouse
85
6.2%
Land
48
3.5%
Half-duplex
21
1.5%
Other
17
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 · 1,160 dwellings
High-rise apartment935 · 80.6%
Low-rise apartment210 · 18.1%
Row house15 · 1.3%
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 #59154348· Surrey· Transit 92/100 (392m to rapid)· 0.05 km²
Median rent here
$1,488
Owner shelter cost
$1,490
Renters
63.1%
30%+ on shelter
44.8%
Population (2021)
2,111
Median age
31.8
Avg household size
1.8
Avg household income
$69,200
Renters
63.1%
Owners
36.9%
Immigrants
49.6%
Post-secondary
66.6%
Avg home value
$422,000
Single status
41.8%
Not in labour force
17.3%
Households with kids
19.4%
Median rent
$1,488
Owner shelter cost
$1,490
30%+ on shelter
44.8%
Breakdown
Under $5,000
45
3.9%
$5,000 to $9,999
15
1.3%
$10,000 to $14,999
15
1.3%
$15,000 to $19,999
30
2.6%
$20,000 to $24,999
40
3.5%
$25,000 to $29,999
55
4.8%
$30,000 to $34,999
55
4.8%
$35,000 to $39,999
60
5.2%
$40,000 to $44,999
65
5.7%
$45,000 to $49,999
60
5.2%
$50,000 to $59,999
110
9.6%
$60,000 to $69,999
110
9.6%
$70,000 to $79,999
105
9.1%
$80,000 to $89,999
70
6.1%
$90,000 to $99,999
80
7.0%
$100,000 to $124,999
110
9.6%
$125,000 to $149,999
55
4.8%
$150,000 to $199,999
55
4.8%
$200,000 and over
15
1.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59154348).
Market story
Rent in Surrey
Census 2021 avg $1,488/mo here · Vancouver 1BR 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
