Property Type: TownhouseOwnership: Strata

55 5839 PANORAMA DRIVE

Surrey, BC V3S0P4

$624,900

2 bed1 bath2 parking1,011 sqftBuilt 2003
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$300/mo
Annual property tax
$2,841.47 (2024)

Interior

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

Parking

Total spaces
2 — covered indicated
Features
Garage, Carport

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®
R3148929
Listed
July 22, 2026
Time on market
On the market for 40 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.

Description

Don't miss this beautifully desired townhome located in Central Panorama Village! With shopping, restaurants and public transit nearby - this townhome will have you perfectly situated in the prestigious Forest Gate Community! This 2-bedroom corner unit offers exceptional natural lighting with a functional open floor concept. Experience a fresh and bright kitchen along with modern appliances. For those who love to entertain this space is perfect! Cozy up next to your shiplap fireplace featured in your living room or find tranquility in your spacious master bedroom with ensuite bath. This home has it all! Have peace of mind knowing the washer/dryer and hot water tank are only a few years old. (id:63159)

Values & Trends

This listing

$618/sqft

Building average

$503/sqft

1 active listing(s)

Surrey average

$504/sqft

920 active listing(s)

Parking: 2 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.

Townhouse Market Stats — Surrey

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

MLS® HPI Benchmark Price

$753,000

Jul 2026

Average Sale Price

$718,941

Jul 2026

Monthly Sales

67

Jul 2026

Active Listings

453

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$960,200
$722,100
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

59

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
Sullivan ElementaryElementary417 m
Cambridge ElementaryElementary659 m
Goldstone Park ElementaryElementary1.4 km
Regent Christian Academy(Independent)K-121.6 km
Sullivan Heights SecondaryElementary1.7 km
Woodward Hill ElementaryElementary2.0 km
McLeod Road TraditionalElementary2.2 km
T E Scott ElementaryElementary2.7 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 152 St @ Panorama Dr118 m
Northbound 152 St @ 58A Ave121 m
Southbound 152 St @ 60 Ave315 m
Westbound 60 Ave @ 152 St363 m
Northbound 152 St @ Hwy 10386 m

Nearby Places

Restaurants (5+)

  • Twisted Indian · 5717 152 Street231 m
  • White Spot · 15157 Highway 10315 m
  • The Chopped Leaf · 15161 56 Ave414 m
  • Mahek Restaurant & Lounge · 15133 56 Ave447 m
  • Nonstop Chicken · 15141 Highway 10454 m

Cafes (4)

  • Boba Boy · 15127 Highway 10369 m
  • Starbucks · 15161 Highway 10414 m
  • West Village Cafe · 5620 152 Street465 m
  • Tim Hortons · 15255 Highway 10494 m

Grocery (1)

  • Fresh Street Market · 15127 Highway 10375 m

Parks (5+)

  • Edmund Park · 15149 Edmund Drive140 m
  • Springwood Forest Park175 m
  • Unnamed330 m
  • Unnamed337 m
  • Kettle Crescent Park402 m

Shopping (2)

  • Panorama Village329 m
  • Panorama Place · 15230 Highway 10590 m

Gyms (1)

  • Yoga 360 · 15375 Highway 10544 m

Pharmacies (3)

  • Shoppers Drug Mart · 15157 Highway 10385 m
  • Pharmasave · 15325 Highway 10477 m
  • Pharmacity Drugstore · 101-15230 Highway 10618 m

Banks & ATMs (5+)

  • BMO · 5661 152 Street290 m
  • CIBC · 15173 Highway 10332 m
  • TD · 5606 152 Street443 m
  • Canadian Western Bank · 15230 56 Avenue;Highway 10552 m
  • RBC Royal Bank · 15365 56 Avenue563 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Other Listings in This Building

Other units currently listed in the same building. 55 5839 PANORAMA DRIVE

View building profile →
Built 2003

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$499,920.00
Periodic payment — Principal & Interest (monthly)$3,225.31
Additional monthly expenses (strata, tax, utilities, etc.)$588.28
Total monthly cost$3,813.59
Interest paid over 5-yr term$143,278.51
Balance at end of term$449,679.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,516.98

Cash Needed at Closing

Minimum down payment$37,490
Estimated BC PTT$10,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,488

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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