Court ordered sale in Alder Park, Panorama Ridge. This end-unit townhome has a comfortable, lived-in feel with space to gather, unwind and spread out. The main floor flows from the kitchen and dining area into a vaulted living room, with patio access for morning coffee, summer BBQs or a quiet place to sit at the end of the day. Upstairs, the bedrooms feel nicely separated, with two opening onto private balconies. Downstairs adds room for movie nights, guests, hobbies or a home office, complete with a rec room, dry bar, flex space and full bath. Double garage, generous outdoor space and a practical location close to schools, parks, transit, shopping, Hwy 10 and King George Blvd.
Property details
3
Beds
3 full + 1 half
Baths
2,442 ft²
Floor area
2000
Year built
2
Storeys
2
Parking
$522/mo
Strata fee
$3,883/yr
Gross tax
Location & structure
Townhouse
Type
Finished
Basement
Yes
Garage
No
Carport
1
Fireplace
Surrey
Area
Panorama Ridge
Sub-area
Basement
Finished
Structure
Residential Attached
Property highlights
Balcony
In-suite laundry
Patio
Private yard
Double garage
Meeting/Party Room
Features & inclusions
Heating
Baseboard, Forced Air, Hot Water
Parking
Garage Double, Guest, Front Access
Lot
Central Location, Recreation Nearby
Laundry
In Unit
Community
Gated, Golf, Shopping Nearby
Additional details
Common interest
Condominium
Levels
Two
Main floor (ground)
798 ft²
Tax year
2026
Listed by Oakwyn Realty Ltd.. Data from BCRES. Last updated Jul 9, 2026, 12:44 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 $167,996 down (20%) on $839,980, 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 · 683 listings
Detached
318
46.6%
Townhouse
280
41.0%
Condo / Apartment
37
5.4%
Land
28
4.1%
Half-duplex
10
1.5%
Other
10
1.5%
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 · 185 dwellings
Row house75 · 40.5%
Single-detached65 · 35.1%
Apartment in duplex30 · 16.2%
Low-rise apartment15 · 8.1%
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 #59153894· Surrey· Transit 76/100 (220m to frequent)· 0.18 km²
Median rent here
$1,320
Owner shelter cost
$2,180
Renters
31.6%
30%+ on shelter
31.6%
Population (2021)
670
Median age
35.6
Avg household size
3.5
Avg household income
$104,000
Renters
31.6%
Owners
68.4%
Immigrants
46.7%
Post-secondary
52.8%
Avg home value
$960,000
Single status
31.8%
Not in labour force
30.2%
Households with kids
43.2%
Median rent
$1,320
Owner shelter cost
$2,180
30%+ on shelter
31.6%
Breakdown
$25,000 to $29,999
5
2.9%
$40,000 to $44,999
5
2.9%
$60,000 to $69,999
5
2.9%
$70,000 to $79,999
10
5.9%
$80,000 to $89,999
10
5.9%
$90,000 to $99,999
15
8.8%
$100,000 to $124,999
30
17.6%
$125,000 to $149,999
30
17.6%
$150,000 to $199,999
40
23.5%
$200,000 and over
20
11.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59153894).
Market story
Rent in Surrey
Census 2021 avg $1,320/mo here · Vancouver 3BR 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
