SOUTHMERE PLACE-Exceptional value in this 1 bedroom, 1 bath unit steps from shopping, transit and restaurants! UPDATED galley kitchen with maple cabinets, stainless appliances and granite counters. Laminate flooring throughout the functional floorplan. Spacious living/dining room open onto the sunny south facing balcony. Well managed, family-friendly complex with newer windows, full rain screen, and lots of updates. Amazing amenities including outdoor pool, gardens with mature landscaping, party room with seating, ping pong table and kids play area. 1 secure parking, 1 locker and convenient shared laundry w/option to install your own. One small pet allowed (dogs or cats) WHY RENT WHEN YOU CAN BUY a charming unit in a great location? Open House Saturday July 11, 2026 2-4PM.
Property details
1
Beds
1 full
Baths
633 ft²
Floor area
1981
Year built
1
Storey
1
Parking
$388/mo
Strata fee
$1,807/yr
Gross tax
Location & structure
Apartment/Condo
Type
None
Basement
Yes
Garage
No
Carport
South Surrey White Rock
Area
Sunnyside Park Surrey
Sub-area
Penthouse
Style
Style
Penthouse
Basement
None
Structure
Multi Family
Property highlights
Balcony
Pool
Underground parking
Meeting/Party Room
Building amenities
Hot water incl.
Features & inclusions
Appliances
Dishwasher, Refrigerator, Stove, Microwave
Heating
Baseboard
Parking
Underground, Front Access, Garage Door Opener
Lot
Central Location, Private, Recreation Nearby
Interior features
Elevator, Storage
Laundry
Common Area
Community
Shopping Nearby
Additional details
Common interest
Condominium
Levels
One
Main floor (ground)
633 ft²
Tax year
2025
Listed by RE/MAX Westcoast. Data from BCRES. Last updated Jul 9, 2026, 1:04 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.
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 $57,960 down (20%) on $289,800, 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 · 1,211 listings
Detached
428
35.3%
Condo / Apartment
416
34.4%
Townhouse
272
22.5%
Mobile home
28
2.3%
Land
23
1.9%
Other
44
3.6%
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 · 390 dwellings
Low-rise apartment300 · 76.9%
Single-detached50 · 12.8%
Semi-detached30 · 7.7%
Row house5 · 1.3%
Apartment in duplex5 · 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 #59152657· Surrey· Transit 77/100 (166m to frequent)· 0.12 km²
Median rent here
$1,340
Owner shelter cost
$1,060
Renters
42.1%
30%+ on shelter
33.3%
Population (2021)
689
Median age
52.0
Avg household size
1.8
Avg household income
$75,200
Renters
42.1%
Owners
57.9%
Immigrants
41.5%
Post-secondary
54.3%
Avg home value
$600,000
Single status
26.8%
Not in labour force
40.3%
Households with kids
20.5%
Median rent
$1,340
Owner shelter cost
$1,060
30%+ on shelter
33.3%
Breakdown
Under $5,000
10
2.6%
$10,000 to $14,999
5
1.3%
$15,000 to $19,999
15
3.8%
$20,000 to $24,999
15
3.8%
$25,000 to $29,999
20
5.1%
$30,000 to $34,999
15
3.8%
$35,000 to $39,999
15
3.8%
$40,000 to $44,999
20
5.1%
$45,000 to $49,999
15
3.8%
$50,000 to $59,999
50
12.8%
$60,000 to $69,999
40
10.3%
$70,000 to $79,999
35
9.0%
$80,000 to $89,999
20
5.1%
$90,000 to $99,999
15
3.8%
$100,000 to $124,999
45
11.5%
$125,000 to $149,999
30
7.7%
$150,000 to $199,999
15
3.8%
$200,000 and over
10
2.6%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152657).
Market story
Rent in Surrey
Census 2021 avg $1,340/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
