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Taj Sandhu Group — Real Estate Agent Surrey BC
Surrey Real Estate

Condos for Sale in Surrey BC

Surrey's condo market is one of the most active in Metro Vancouver, offering everything from affordable one-bedroom units for first-time buyers to luxury high-rise condos with panoramic views in City Centre. With SkyTrain connectivity, growing urban amenities, and prices significantly below Vancouver and Burnaby, Surrey condos represent one of the best value propositions in the region.

Overview

Condos for Sale in Surrey — What You Need to Know

The majority of Surrey's condo inventory is concentrated in City Centre (formerly Whalley), which has transformed into a dense urban core with high-rise towers, SkyTrain stations, and growing amenities. Guildford, Fleetwood, and South Surrey also offer condo options, typically in low-rise and mid-rise buildings. Condo prices range from $350,000 for studio units to $800,000+ for two-bedroom luxury condos with views. The presale condo market is exceptionally active, with multiple towers under construction by developers including Bosa, Concord Pacific, and Marcon.

Who Should Buy

Surrey condos are ideal for first-time buyers seeking an affordable entry into homeownership, investors looking for strong rental yields from students and young professionals, downsizers who want low-maintenance urban living near transit, and newcomers to Canada who want transit-connected living in a diverse community with South Asian cultural amenities.

Average Pricing

Surrey condo prices average $540,000. Studios and one-bedroom units range from $350,000-$450,000. Two-bedroom condos average $500,000-$650,000. Luxury condos in new City Centre towers can reach $800,000+. Monthly strata fees average $250-$450 depending on building amenities. Parking and storage are typically included.
Best Neighbourhoods

Recommended Neighbourhoods for Condos for Sale

City Centre / Whalley

Highest concentration of condos, SkyTrain access, urban amenities

Explore City Centre / Whalley

Guildford

Established community, shopping, good value for condo buyers

Explore Guildford

Fleetwood

Growing condo inventory along Fraser Highway, future SkyTrain

Explore Fleetwood
Market Trends

Current Market Conditions

Surrey's condo market is seeing the strongest price growth of any property type at 3.8% year-over-year. City Centre leads in sales volume, with multiple high-rise towers selling during presale phases. Investors account for approximately 35% of condo purchases. Rental demand remains strong, with one-bedroom units renting for $1,600-$2,000/month. The average days on market is 28 days, with well-priced units selling faster.
Buying Tips

Tips for Buying Condos for Sale in Surrey

Consider presale condos for the best selection and pricing — but factor in completion timelines of 2-4 years. Resale condos offer immediate occupancy and the advantage of seeing the actual unit and building condition. Check strata minutes carefully for special levy history and contingency fund balance. City Centre offers the best transit connectivity; Guildford offers better value per square foot.
Neighbourhoods

Explore Surrey Neighbourhoods

City Centre / Whalley
Guildford
Fleetwood
FAQ

Common Questions About Condos for Sale in Surrey

What is the average price of a condo in Surrey?

The average condo price in Surrey is $540,000. One-bedroom condos average $400,000-$450,000, while two-bedroom units average $500,000-$650,000.

Are Surrey condos a good investment?

Yes. Surrey condos offer strong rental yields (4-5% gross) driven by demand from students at SFU Surrey and Kwantlen, as well as young professionals. City Centre condos near SkyTrain stations offer the best combination of appreciation and rental income.

What is the best area for condos in Surrey?

City Centre offers the highest concentration of condos and the best transit connectivity. Guildford offers better value and established amenities. Fleetwood is emerging as a strong condo market along the future SkyTrain corridor.

More Options

Explore Other Property Types

Homes for Sale

Surrey detached home prices range from $1.1M in Newton and Bear Creek to $1.8M+ in Panorama Ridge and South Surrey. Fleetwood and Cloverdale average $1.3M-$1.4M. Entry-level detached homes under $1.2M are available in Newton, Bear Creek, and east Cloverdale. Properties with legal suites command a $100K-$200K premium.

Learn more

Townhouses for Sale

Surrey townhouse prices average $850,000. Entry-level resale townhouses (2-bedroom, older complex) range from $600,000-$700,000. Standard three-bedroom townhouses range from $700,000-$900,000. New townhomes in Cloverdale and Fleetwood range from $800,000-$950,000. Luxury townhomes in South Surrey can exceed $1.1M.

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Luxury Homes

Entry-level luxury starts at $1.8M. Executive estates in Panorama Ridge and Morgan Creek range from $2.0M-$3.5M. Waterfront-adjacent luxury in South Surrey: $2.0M-$4.0M+. Custom acreage estates in Cloverdale: $2.5M-$5.0M+. Properties with guest houses, pools, and premium finishes command the highest prices.

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Commercial Real Estate

Commercial property pricing varies significantly by type and location. Retail spaces: $400-$800 per sq ft. Office spaces: $350-$600 per sq ft. Industrial warehouses: $300-$500 per sq ft. Development land: $2M-$5M per acre depending on zoning and location. Cap rates range from 4-6% for well-leased properties.

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Buyers Guide

Step-by-step path to buying in Surrey.

Surrey Real Estate

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Looking for Condos for Sale in Surrey?

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