In the heart of West Newton, within walking distance to major shopping, restaurants and transit. Beautiful 2 bedroom/2 bathroom, 950 square foot top floor end corner unit with 16 foot vaulted ceiling in the living room. Unit comes with parking and storage, brand new roof in 2020 and rain screened in 2017. Call now, this one won't last.
Property details
2
Beds
2 full
Baths
952 ft²
Floor area
1997
Year built
2
Parking
$445/mo
Strata fee
$2,211/yr
Gross tax
Location & structure
Single Family
Type
None
Basement
1
Fireplace
Other
Style
Listed
August 28, 2025
Style
Penthouse
Basement
None
Structure
Apartment
Property highlights
Gym
High ceilings
Meeting/Party Room
Building amenities
Storage locker
In-suite laundry
Features & inclusions
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer
Heating
Radiant heat, Natural gas, Hot Water
Parking
Underground, Visitor Parking
Community
Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Tax year
2024
Listed by Parallel 49 Realty. Last updated Jul 5, 2026, 4:40 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.
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 $100,000 down (20%) on $499,999, 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 · 728 listings
Detached
351
48.2%
Townhouse
172
23.6%
Condo / Apartment
151
20.7%
Land
19
2.6%
Duplex
18
2.5%
Other
17
2.3%
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 · 480 dwellings
Low-rise apartment190 · 39.6%
High-rise apartment120 · 25.0%
Apartment in duplex85 · 17.7%
Row house65 · 13.5%
Single-detached20 · 4.2%
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 #59154305· Surrey· Transit 73/100 (353m to frequent)· 0.14 km²
Median rent here
$1,170
Owner shelter cost
$1,720
Renters
49.5%
30%+ on shelter
33.0%
Population (2021)
1,394
Median age
38.4
Avg household size
2.9
Avg household income
$90,400
Renters
49.5%
Owners
50.5%
Immigrants
58.4%
Post-secondary
39.4%
Avg home value
$810,000
Single status
30.1%
Not in labour force
39.4%
Households with kids
37.9%
Median rent
$1,170
Owner shelter cost
$1,720
30%+ on shelter
33.0%
Breakdown
Under $5,000
5
1.1%
$15,000 to $19,999
15
3.2%
$20,000 to $24,999
75
15.8%
$25,000 to $29,999
15
3.2%
$30,000 to $34,999
15
3.2%
$35,000 to $39,999
20
4.2%
$40,000 to $44,999
10
2.1%
$45,000 to $49,999
15
3.2%
$50,000 to $59,999
35
7.4%
$60,000 to $69,999
25
5.3%
$70,000 to $79,999
35
7.4%
$80,000 to $89,999
25
5.3%
$90,000 to $99,999
25
5.3%
$100,000 to $124,999
55
11.6%
$125,000 to $149,999
35
7.4%
$150,000 to $199,999
45
9.5%
$200,000 and over
25
5.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59154305).
Market story
Rent in Surrey
Census 2021 avg $1,170/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
