605 8509 158 Street, Surrey

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$1,950

^$250

605 8509 158 Street

Fleetwood Tynehead, Surrey, BC, V4N 6Y6

1 | 1 | 1 | 663 sq.ft. |

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Welcome to Fleetwood Village Condos 2, a modern community in central Fleetwood near parks, shops, restaurants, and schools. Steps to Fleetwood Park Village for groceries and dining, with easy access to the community centre, nearby parks, transit, and the upcoming SkyTrain. Enjoy amenities including a fitness centre, yoga studio, coworking lounge, billiards, arts & crafts room, kids’ play area, rooftop lounge, and gardens. This brand-new penthouse 1 bed + den, 1 bath (663 sq. ft.) features an open layout, private balcony, stainless-steel kitchen appliances, in-suite laundry, 1 parking, 1 locker, visitor parking, and small pets allowed.

Property Info

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MLS®: R3062763

Listing Courtesy of Homelife Property Management BC

Total Bedrooms 1

Total Bathrooms 1

Floor Space 663 sq.ft.

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $1,950

Strata Fee $0.00

Interior Features

More Details

Floor Space Finished 0.00 sq.ft.

Rules Yes, Cats OK, Dogs OK

Parking Total 1

Summary

Location and General Information

MLS Area Major: Surrey
Street Name: 158
City: Surrey
State Or Province: BC
Postal Code: V4N 6Y6
Property Type: Residential Lease
Property Sub Type: Apartment/Condo

Interior and Exterior Features

Interior Features

Interior Features: Storage, Elevator

Exterior Features

Property

Utilities

Property and Assessments

Building Area Total: 663
Living Area: 663

Lot Information

Sold History

MAP & Nearby Facilities

Map

Street

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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