Welcome to Park Avenue East by Concord Pacific. This bright, 2 bedroom 1 bath unit comes with one parking and two storage locker. Luxury finishings include quartz countertops, a marble tile backsplash, laminate flooring, integrated S/S appliances and a large balcony for your summer BBQs. Resort-like amenities include an outdoor landscaped terrace with a pool, a glass-enclosed spa with a hot tub, sauna, and steam room, a fully equipped exercise center, an entertainment lounge, a tennis court, a theater room, a stunning rooftop, and concierge. Unbeatable location, right in the heart of the City Centre, just steps away from the SkyTrain, Holland Park, Surrey Central Mall, T&T Market, and SFU. Call for your viewing appointment today
Listed by Royal LePage Global Force Realty. Data from BCRES. Last updated Jul 9, 2026, 12:30 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 $105,000 down (20%) on $525,000, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 1,473 listings
Condo / Apartment
866
58.8%
Detached
416
28.2%
Townhouse
114
7.7%
Land
38
2.6%
Half-duplex
21
1.4%
Other
18
1.2%
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 · 995 dwellings
High-rise apartment835 · 83.9%
Low-rise apartment160 · 16.1%
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 #59154271· Surrey· Transit 95/100 (261m to rapid)· 0.07 km²
Median rent here
$1,544
Owner shelter cost
$1,660
Renters
66.3%
30%+ on shelter
44.7%
Population (2021)
1,875
Median age
32.8
Avg household size
1.9
Avg household income
$70,200
Renters
66.3%
Owners
33.7%
Immigrants
53.9%
Post-secondary
72.8%
Avg home value
$484,000
Single status
38.5%
Not in labour force
22.8%
Households with kids
17.1%
Median rent
$1,544
Owner shelter cost
$1,660
30%+ on shelter
44.7%
Breakdown
Under $5,000
55
5.4%
$5,000 to $9,999
15
1.5%
$10,000 to $14,999
15
1.5%
$15,000 to $19,999
20
2.0%
$20,000 to $24,999
40
4.0%
$25,000 to $29,999
35
3.5%
$30,000 to $34,999
40
4.0%
$35,000 to $39,999
40
4.0%
$40,000 to $44,999
35
3.5%
$45,000 to $49,999
40
4.0%
$50,000 to $59,999
95
9.4%
$60,000 to $69,999
80
7.9%
$70,000 to $79,999
90
8.9%
$80,000 to $89,999
85
8.4%
$90,000 to $99,999
65
6.4%
$100,000 to $124,999
120
11.9%
$125,000 to $149,999
70
6.9%
$150,000 to $199,999
50
5.0%
$200,000 and over
20
2.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59154271).
Market story
Rent in Surrey
Census 2021 avg $1,544/mo here · Vancouver 2BR rent 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
