As seen in...
Westcoast Condominium
It seems ironic that the city many people turn to when they want a family home appears to have the lowest percentage of three-bedroom condos. Out of Surrey’s 686 active listings, only 17 have three bedrooms. Of those, roughly half are new to the market in 2016.
Surrey has often been viewed as an affordable option for a detached home (where January’s benchmark selling price was $774,500) but condos in Surrey are generally an even more affordable option. The median price of those 17 three-bedroom condos: $289,000. Now you’re talking affordability.
Guildford
Four of this neighbourhood’s 85 current listings have three bedrooms with prices ranging from $254,000 to $335,000. That most affordable option is also the most recent to come on the market; it was listed in early February. It is a penthouse suite in Chatsworth Gardens – the complex offers two pools, two gyms, tennis courts, a hot tub, sauna, party/meeting room, and a caretaker. How’s that for amenities you won’t find in a detached home? What’s more, the unit is within walking distance to Guilford Mall, all levels of school and transit.
A three-bedroom home in nearby Charlton Park sold recently. Listed at $339,000, its owners only had to wait 15 days to receive an offer they couldn’t refuse: $336,000. This complex is also loaded with services; the new owners will soon be taking advantage of a clubhouse with an outdoor pool, spa, fitness centre, billiards room, and a lounge area with kitchen facilities.
West Newton
Travel a bit south and a bit west from Guildford and you will land in West Newton where another three three-bedroom units are on the market. These range in price from $169,000 to $349,000. The cheapest is also the largest at over 1,400 square feet. It’s also the oldest: a 34-year-old home in Suncreek Estates. Don’t let the price fool you… there are still plenty of amenities in this complex including a tennis court and clubhouse. The unit is right across the street from an elementary school and is within walking distance of a number of community facilities.
Surrey condo market snapshot
