Property Type: Condo / ApartmentOwnership: Strata

111 1840 E SOUTHMERE CRESCENT

Surrey, BC V4A9C5

$439,900

1 bed1 bath1 parking790 sqftBuilt 1988
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Stories
3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$351/mo
Annual property tax
$1,997.63 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3136625
Listed
June 16, 2026
Time on market
On the market for 76 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Welcome home to Southmere Mews and this beautiful and spacious 1 bedroom, 1 bathroom walk-out unit. This incredibly well maintained home includes a large living and dining area, perfect for comfortable living and entertaining. Step right out onto a huge private and gated 400 sq ft patio, which is partially covered and can be enjoyed all year round. The unit also features a well appointed kitchen with light wood cabinetry and granite wrap-around countertops. Conveniently located within walking distance to White Rock shops and a short ride to the beach, this home offers the perfect blend of comfort and lifestyle. Relax by the inviting outdoor pool on sunny summer days! With a proactive strata and rain screen construction, this complex offers great living and peace of mind. Brochure: https://bit.ly/SouthmereMews Open house: Sat. June 20 (id:63159)

Values & Trends

This listing

$557/sqft

Building average

No other active listings in this building

Surrey average

$678/sqft

1113 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$474,100

Jul 2026

Average Sale Price

$470,719

Jul 2026

Monthly Sales

16

Jul 2026

Active Listings

219

Jul 2026

Sales-to-Active Ratio

7.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$598,400
$434,400
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Langley

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

63

8/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Newbridge Academy(Independent)Elementary249 m
Semiahmoo SecondaryElementary649 m
H T Thrift ElementaryElementary679 m
Jessie Lee ElementaryElementary763 m
White Rock Christian Academy(Independent)K-12852 m
Star of the Sea(Independent)Elementary1.1 km
White Rock ElementaryElementary1.3 km
Earl Marriott SecondaryElementary1.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Southbound Martin Dr @ E Southmere Cres163 m
Southbound 152 St @ 19 Ave212 m
Northbound 152 St @ 18 Ave244 m
Northbound 152 St @ 19 Ave250 m
Southbound 152 St @ 18 Ave271 m

Nearby Places

Restaurants (5+)

  • Greek Dining Lounge233 m
  • Kiki's Restaurant235 m
  • Boston Pizza · 1956 152 Street298 m
  • Freshii · 1767 152 Street304 m
  • Kesari Indian Sweets & Eats348 m

Cafes (5+)

  • Tim Hortons · 1767 152 Street326 m
  • Starbucks · 1730 152 Street367 m
  • Leon's Cafe446 m
  • Leaf Tea Lounge · 1618 152 Street551 m
  • Java Express560 m

Grocery (3)

  • Fruiticana · 1812 152 Street267 m
  • Save-On-Foods · 1641 152 Street438 m
  • Nature's Fare Markets · 15180 North Bluff Road618 m

Parks (5+)

  • Unnamed183 m
  • Unnamed197 m
  • Meridian By The Sea Park364 m
  • Bakerview Park · 1845 154 Street507 m
  • Southmere Village Park544 m

Shopping (4)

  • Windsor Square244 m
  • Winners · 1715 152 Street317 m
  • Johnston Plaza · 1736 152 Street373 m
  • Semiahmoo Shopping Centre · 1701 152 Street391 m

Gyms (4)

  • Live Well Exercise Clinic218 m
  • Fitness World286 m
  • 24 HR Sandcastle Fitness · 1938 152 Street320 m
  • PARC Fit & Wellness Centre647 m

Pharmacies (3)

  • The Medicine Shoppe · 1959 152 Street246 m
  • Shoppers Drug Mart · 15105 16 Avenue482 m
  • Family Care Pharmacy · 1539 Johnston Road691 m

Banks & ATMs (5+)

  • Vancity · 1790 152 Street285 m
  • Scotiabank386 m
  • Coast Capital Savings429 m
  • BMO · 1626 Martin Drive499 m
  • CIBC532 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$351,920.00
Periodic payment — Principal & Interest (monthly)$2,270.47
Additional monthly expenses (strata, tax, utilities, etc.)$557.75
Total monthly cost$2,828.22
Interest paid over 5-yr term$100,861.28
Balance at end of term$316,553.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,213.54

Cash Needed at Closing

Minimum down payment$21,995
Estimated BC PTT$6,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,293

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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