Property Type: Condo / ApartmentOwnership: Strata

205 1850 SOUTHMERE CRESCENT

Surrey, BC V4A6Y6

$350,000

2 bed1 bath1 parking900 sqftBuilt 1981
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Amenities

Also listed: Shared Laundry

Property Details

Property & Lot

Sub-type
Apartment
Stories
4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$562/mo
Annual property tax
$1,947.56 (2026)

Interior

Basement
None, Unknown
Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
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®
R3149104
Listed
July 22, 2026
Time on market
On the market for 40 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: RE/MAX Colonial Pacific Realty · Data source: CREA DDF.

Description

LOWEST PRICE IN SOUTH SURREY! 2 bedroom , 1 bathroom excellent starter home. Walking distance to transit, shopping, restaurants and all services. Heat and hot water included in Strata fees, ceiling has been reinforced with insulation to reduce noise, building has been fully rain screened, laundry can be added with strata approval, freshly painted, renovated kitchen and bathroom. Recreation includes outdoor pool, pets welcome! (id:63159)

Values & Trends

This listing

$389/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

41

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
Semiahmoo SecondaryElementary290 m
H T Thrift ElementaryElementary357 m
Newbridge Academy(Independent)Elementary585 m
White Rock Christian Academy(Independent)K-121.0 km
Jessie Lee ElementaryElementary1.1 km
Star of the Sea(Independent)Elementary1.1 km
White Rock ElementaryElementary1.4 km
Bayridge ElementaryElementary1.4 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
Northbound 148 St @ 18A Ave220 m
Southbound 148 St @ 18A Ave255 m
Northbound 148 St @ 17 Ave326 m
Southbound 148 St @ 20 Ave327 m
Westbound 20 Ave @ 148 St395 m

Nearby Places

Restaurants (5+)

  • Greek Dining Lounge579 m
  • Kiki's Restaurant580 m
  • Freshii · 1767 152 Street608 m
  • Boston Pizza · 1956 152 Street631 m
  • Kesari Indian Sweets & Eats656 m

Cafes (5+)

  • Tim Hortons · 1767 152 Street620 m
  • Starbucks · 1730 152 Street665 m
  • Java Express667 m
  • Leon's Cafe711 m
  • Pelican Rouge747 m

Grocery (3)

  • Save-On-Foods · 1641 152 Street607 m
  • Fruiticana · 1812 152 Street616 m
  • Nature's Fare Markets · 15180 North Bluff Road790 m

Parks (5+)

  • Unnamed191 m
  • Southmere Village Park376 m
  • Meridian By The Sea Park396 m
  • Unnamed441 m
  • Unnamed531 m

Shopping (4)

  • Winners · 1715 152 Street520 m
  • Windsor Square569 m
  • Semiahmoo Shopping Centre · 1701 152 Street603 m
  • Johnston Plaza · 1736 152 Street677 m

Gyms (3)

  • Fitness World480 m
  • Live Well Exercise Clinic572 m
  • 24 HR Sandcastle Fitness · 1938 152 Street665 m

Pharmacies (2)

  • The Medicine Shoppe · 1959 152 Street585 m
  • Shoppers Drug Mart · 15105 16 Avenue607 m

Banks & ATMs (5+)

  • Scotiabank506 m
  • BMO · 1626 Martin Drive591 m
  • Vancity · 1790 152 Street625 m
  • TD · 15110 North Bluff688 m
  • Coast Capital Savings699 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$280,000.00
Periodic payment — Principal & Interest (monthly)$1,806.46
Additional monthly expenses (strata, tax, utilities, etc.)$769.07
Total monthly cost$2,575.53
Interest paid over 5-yr term$80,248.80
Balance at end of term$251,860.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.81

Cash Needed at Closing

Minimum down payment$17,500
Estimated BC PTT$5,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,000

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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