King George Hub – Plaza One. This air-conditioned 1-bedroom home on the 28th floor features an open-concept layout, floor-to-ceiling windows, and stunning city and mountain views. The contemporary interior offers wide-plank flooring, quartz countertops, and premium Fulgor Milano Italian appliances. Enjoy exceptional amenities including rooftop lounges, a fitness centre, theatre rooms, and co-working spaces. Conveniently located steps to the SkyTrain, SFU, KPU, shopping, restaurants, and the future UBC Surrey campus. Complete with a spacious private balcony and in-suite laundry. A fantastic opportunity in Surrey City Centre.
Listed by Homelife Benchmark Realty Corp.. Data from BCRES. Last updated Jun 22, 2026, 8:10 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.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $83,760 down (20%) on $418,800, 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 · 1,450 listings
Condo / Apartment
861
59.4%
Detached
426
29.4%
Townhouse
97
6.7%
Land
32
2.2%
Half-duplex
18
1.2%
Other
16
1.1%
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.
Census 2021 dwelling structural-type mix · Surrey · 465 dwellings
High-rise apartment180 · 38.7%
Row house130 · 28.0%
Low-rise apartment125 · 26.9%
Single-detached15 · 3.2%
Apartment in duplex10 · 2.2%
Semi-detached5 · 1.1%
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 #59151950· Surrey· Transit 92/100 (405m to rapid)· 0.20 km²
Median rent here
$1,490
Owner shelter cost
$1,640
Renters
46.2%
30%+ on shelter
38.7%
Population (2021)
1,081
Median age
34.4
Avg household size
2.3
Avg household income
$80,400
Renters
46.2%
Owners
54.8%
Immigrants
54.5%
Post-secondary
67.2%
Avg home value
$552,000
Single status
36.4%
Not in labour force
22.8%
Households with kids
31.5%
Median rent
$1,490
Owner shelter cost
$1,640
30%+ on shelter
38.7%
Breakdown
Under $5,000
10
2.2%
$5,000 to $9,999
10
2.2%
$15,000 to $19,999
10
2.2%
$20,000 to $24,999
15
3.4%
$25,000 to $29,999
15
3.4%
$30,000 to $34,999
15
3.4%
$35,000 to $39,999
15
3.4%
$40,000 to $44,999
15
3.4%
$45,000 to $49,999
25
5.6%
$50,000 to $59,999
35
7.9%
$60,000 to $69,999
35
7.9%
$70,000 to $79,999
45
10.1%
$80,000 to $89,999
40
9.0%
$90,000 to $99,999
35
7.9%
$100,000 to $124,999
50
11.2%
$125,000 to $149,999
40
9.0%
$150,000 to $199,999
25
5.6%
$200,000 and over
10
2.2%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151950).
Market story
Rent in Surrey
Census 2021 avg $1,490/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
Property analysisScored Jul 9
Buyer view7–10 year horizon
35.8% below area benchmark
$418,800 is 35.8% below the Lower Mainland Apartment HPI benchmark of $652,200 (2026-04-01).
On a 7 to 10 year hold, price discovery vs the area benchmark drives outcomes. Today's price sits 35.8% below the GVR HPI for this segment.
Weak value signals·32/100
Weak value signals, score 31.8 of 100Based on 7 of 9 signals · score likely 2.7 to 60.9
Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.
Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.
