Property Type: Condo / ApartmentOwnership: Strata

303 10616 132 STREET

Surrey, BC V3T0T3

$420,000

2 bed1 bath1 parking620 sqftBuilt 2023
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Stories
5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$278/mo
Annual property tax
$1,985.5 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Listing Information

MLS®
R3146367
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

Welcome to Briza, a modern community in the heart of Surrey City Centre! This bright and spacious 2-bedroom, 1-bathroom corner home offers approximately 620 sqft of thoughtfully designed living space with abundant natural light. Featuring an open-concept layout, quartz countertops, stainless steel appliances, and large windows, this home is ideal for both homeowners and investors. Built in 2023 and still covered by the 2-5-10 New Home Warranty, it includes 1 secure underground parking stall, 1 storage locker, and GST has already been paid. Enjoy an unbeatable location just minutes from Gateway SkyTrain Station, SFU Surrey, KPU, Surrey Central Mall, Holland Park, Surrey Central Library, Recreation Centre, shopping, dining, and more. Pets and rentals allowed. A fantastic opportunity for first-time buyers or investors. First Open House: Saturday, July 18, 11:00 AM-1:00 PM. Don't miss this rare Briza corner unit! (id:63159)

Values & Trends

This listing

$677/sqft

Building average

$781/sqft

1 active listing(s)

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

Clear

13°C

Clear

Humidity 92%

Wind NW 4 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

30

7/9 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
K B Woodward ElementaryElementary181 m
Kwantlen Park SecondaryElementary352 m
Old Yale Road ElementaryElementary940 m
Honour Secondary School(Independent)Secondary1.1 km
Forsyth Road ElementaryElementary1.5 km
Our Lady of Good Counsel(Independent)Elementary1.5 km
Khalsa School Old Yale Road(Independent)Elementary1.6 km
Khalsa Secondary School (Surrey)(Independent)Secondary1.7 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
Eastbound 108 Ave @ 132 St391 m
Westbound 104 Ave @ 132 St405 m
Westbound 108 Ave @ 132 St414 m
Northbound University Dr @ 105A Ave415 m
Southbound University Dr @ 105A Ave424 m

Nearby Places

Restaurants (5+)

  • Kokoro Japanese Ramen House · 10418 University Drive589 m
  • Alebi African Cuisine · 10694 135A Street759 m
  • Taqueria Jalisco Mexican Restaurant · 10675 King George Boulevard766 m
  • Goto Moto & Huong Que · 10673 King George Boulevard775 m
  • Taste of Africa · 10663 King George Boulevard793 m

Cafes (5+)

  • Waves Coffee House · 10777 University Drive535 m
  • Take Five Café707 m
  • Huyen Cafe · 13551 105A Avenue711 m
  • Ken's Tea House · 10692 135A Street748 m
  • Trees Organic Coffee & Cheesecake · 10299 University Drive756 m

Grocery (4)

  • Nesters Market · 10835 City Parkway705 m
  • Union Latino's Food · 13569 105A Avenue742 m
  • GG's African Caribbean Market · 10625 King George Boulevard781 m
  • Beauty 4 Ashes786 m

Parks (4)

  • Whalley Athletic Park298 m
  • Tom Binnie Park504 m
  • Royal Kwantlen Park510 m
  • West Village Park · 13231 Central Avenue513 m

Gyms (1)

  • Chuck Bailey Recreation Centre · 13458 107A Avenue543 m

Pharmacies (2)

  • Shoppers Drug Mart · 10835 City Parkway671 m
  • Gain Pharmacy758 m

Banks & ATMs (2)

  • TD · 10835 City Parkway729 m
  • Sharons Credit Union · 10541 King George Boulevard791 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$336,000.00
Periodic payment — Principal & Interest (monthly)$2,167.76
Additional monthly expenses (strata, tax, utilities, etc.)$474.46
Total monthly cost$2,642.22
Interest paid over 5-yr term$96,298.57
Balance at end of term$302,233.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,068.17

Cash Needed at Closing

Minimum down payment$21,000
Estimated BC PTT$6,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,900

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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