Property Type: Condo / ApartmentOwnership: Strata

518 11035 RAVINE ROAD

Surrey, BC V0V0V0

$599,900

2 bed1 bath1 parking628 sqftBuilt 2026
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Amenities

Gym

Also listed: Storage - Locker, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$0

Interior

Basement
None, Unknown
Heating
Baseboard heaters
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

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

Listing Information

MLS®
R3129521
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Northwest · Data source: CREA DDF.

Description

Introducing Ledgeview 2 by Quadra Homes - a thoughtfully designed presale development completing in early 2027! This upper-floor 2 bed/1 bath home offer an elevated living experience with premium finishes throughout. The modern kitchen is a chef's dream, featuring quartz countertops, GE stainless steel appliances, a gas 5-burner range, and y beautiful stylish shaker cabinet color. Step outside to your private patio complete with a gas BBQ hookup - perfect for year-round entertaining. Retreat to your spa-inspired bathroom featuring the comfort and luxury of heated tile floors. The home includes one dedicated parking stall and a generously sized storage locker for added convenience. Developed by the reputable Quadra Homes, Ledgeview 2 combines quality craftsmanship with modern design in a vibrant, growing community. Whether you're an investor or first-time buyer, this is an incredible opportunity to secure a brand-new home at presale pricing. Don't miss your chance to own in this sought-after project! (id:63159)

Values & Trends

This listing

$955/sqft

Building average

$837/sqft

4 active listing(s)

Surrey average

$678/sqft

1113 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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

14°C

Clear

Humidity 87%

Wind S calm 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

22

5/9 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 ElementaryElementary916 m
James Ardiel ElementaryElementary1.1 km
Kwantlen Park SecondaryElementary1.2 km
Bridgeview ElementaryElementary1.3 km
Surrey TraditionalElementary1.3 km
Forsyth Road ElementaryElementary1.5 km
Honour Secondary School(Independent)Secondary1.5 km
Our Lady of Good Counsel(Independent)Elementary1.7 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
Southbound King George Blvd @ 132 St169 m
Northbound King George Blvd @ Bolivar Rd201 m
Westbound 108 Ave @ 133 St464 m
Southbound 133A St @ 112A Ave468 m
Eastbound 108 Ave @ 132 St469 m

Nearby Places

Cafes (1)

  • Waves Coffee House · 10777 University Drive563 m

Grocery (1)

  • Nesters Market · 10835 City Parkway579 m

Parks (1)

  • Poplar Park427 m

Pharmacies (1)

  • Shoppers Drug Mart · 10835 City Parkway619 m

Banks & ATMs (1)

  • TD · 10835 City Parkway553 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$31.00
Total monthly cost$3,127.28
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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