Stunning penthouse unit at the Watermark on the QUIET SIDE of the building far from King George! 14 ft vaulted ceilings with huge floor to ceiling windows that showcase a great view of the mountains and provide tons of natural light. The chef’s kitchen features high-end dark stainless steel appliances, custom cabinetry, and an over-sized center island perfect for entertaining. Very good size living and dining room. The spacious master suite includes a spa-like en-suite with a spacious closet, soaking tub and walk-in shower. Very private deck. 2 full bathrooms. Prime location near shopping, cafes, restaurants, easy highway 99 access & White Rock offer unparalleled convenience. Also includes 2 parking stalls and a locker! A great chance to own a quiet spot in the heart of South Surrey!
Central Location, Near Golf Course, Recreation Nearby
Interior features
Elevator, Storage
Laundry
In Unit
Community
Shopping Nearby
Additional details
Common interest
Condominium
Main floor (ground)
968 ft²
Tax year
2025
Listed by Sutton Group-West Coast Realty (Surrey/24). Data from BCRES. Last updated Jul 9, 2026, 8:17 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 $129,980 down (20%) on $649,900, 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 · 855 listings
Detached
320
37.4%
Condo / Apartment
255
29.8%
Townhouse
235
27.5%
Land
19
2.2%
Mobile home
12
1.4%
Other
14
1.6%
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.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Surrey · 945 dwellings
Low-rise apartment370 · 39.2%
Row house230 · 24.3%
Single-detached205 · 21.7%
Semi-detached115 · 12.2%
Apartment in duplex20 · 2.1%
Other single-attached5 · 0.5%
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 #59152650· Surrey· Transit 75/100 (267m to frequent)· 0.75 km²
Median rent here
$1,680
Owner shelter cost
$1,220
Renters
22.5%
30%+ on shelter
25.8%
Population (2021)
2,083
Median age
46.4
Avg household size
2.2
Avg household income
$96,200
Renters
22.5%
Owners
77.0%
Immigrants
36.4%
Post-secondary
62.6%
Avg home value
$808,000
Single status
23.4%
Not in labour force
40.5%
Households with kids
30.7%
Median rent
$1,680
Owner shelter cost
$1,220
30%+ on shelter
25.8%
Breakdown
Under $5,000
5
0.5%
$10,000 to $14,999
5
0.5%
$15,000 to $19,999
20
2.2%
$20,000 to $24,999
30
3.2%
$25,000 to $29,999
30
3.2%
$30,000 to $34,999
25
2.7%
$35,000 to $39,999
15
1.6%
$40,000 to $44,999
55
5.9%
$45,000 to $49,999
40
4.3%
$50,000 to $59,999
70
7.5%
$60,000 to $69,999
80
8.6%
$70,000 to $79,999
70
7.5%
$80,000 to $89,999
60
6.5%
$90,000 to $99,999
50
5.4%
$100,000 to $124,999
125
13.4%
$125,000 to $149,999
85
9.1%
$150,000 to $199,999
95
10.2%
$200,000 and over
70
7.5%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152650).
Market story
Rent in Surrey
Census 2021 avg $1,680/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
