Property Type: Condo / ApartmentOwnership: Strata

616 11063 RAVINE ROAD

Surrey, BC V0V0V0

$599,900

2 bed1 bath1 parking644 sqftBuilt 2026
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Amenities

Gym

Also listed: Storage - Locker, Laundry - In Suite, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
6

Ownership & Fees

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

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric
Cooling / A/C
Air Conditioned
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®
R3141010
Listed
June 29, 2026
Time on market
On the market for 63 days
Data last synced
August 28, 2026

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

Description

ASSIGNMENT OF CONTRACT - Rare opportunity to own one of the best 2 Bed homes at Ledgeview II by Quadra Homes! Premium TOP-FLOOR (6th) home with exclusive 10-foot CEILINGs (available only on the top level), oversized windows, and premium finishes throughout, offering a bright and spacious feel. Gourmet kitchen with quartz countertops, premium stainless steel appliances, natural gas range & BBQ hookup, heated bathroom floors, and A/C ready. Includes 1 parking stall & 1 storage locker. Steps to Gateway SkyTrain, shopping, restaurants, parks & more. Estimated completion Nov. 2026. An excellent opportunity for first-time buyers, investors, or downsizers. (id:63159)

Values & Trends

This listing

$932/sqft

Building average

$891/sqft

6 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

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

26

6/9 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 ElementaryElementary997 m
James Ardiel ElementaryElementary1.0 km
Bridgeview ElementaryElementary1.2 km
Surrey TraditionalElementary1.3 km
Kwantlen Park SecondaryElementary1.3 km
Forsyth Road ElementaryElementary1.4 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 St81 m
Northbound King George Blvd @ Bolivar Rd115 m
Southbound 133A St @ 112A Ave386 m
Westbound 112 Ave @ 13400 Block428 m
Eastbound 112 Ave @ 13400 Block431 m

Nearby Places

Restaurants (1)

  • Di Reggae Cafe · 13593 King George Boulevard796 m

Cafes (1)

  • Waves Coffee House · 10777 University Drive593 m

Grocery (1)

  • Nesters Market · 10835 City Parkway583 m

Parks (1)

  • Poplar Park443 m

Pharmacies (1)

  • Shoppers Drug Mart · 10835 City Parkway628 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.)$32.00
Total monthly cost$3,128.28
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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