Home Surrey, BC King George Corridor Cranberry Lane 107 15241 18 Avenue

107 15241 18 Ave, Surrey BC V4A 1W9 – Condo for Sale – MLS® R3169315

107 15241 18 Avenue, Surrey, British Columbia V4A 1W9

Surrey Condos for Sale

46 days on the market

$539,000

Est. monthly cost $2,942/mo

Updated with MLS® - Nov 9, 2026 at 10:45pm

2 Beds

2 Baths

1068 sqft

505 $ /sqft

560.01 $ Maint. fee

1996 built

OPEN HOUSE

Photos

Spacious and inviting 2-bedroom, 2-bathroom ground-floor condo offering comfort, privacy and convenience. The bright open-concept living and dining area features a cozy fireplace, with in-suite laundry and plenty of storage. The generous primary bedroom includes a walk-in closet and ensuite. Step outside to your large, private, fully fenced patio—perfect for relaxing, entertaining , A large underground storage locker adds extra convenience. Ideally located close to shopping, recreation, parks, beaches, schools, transit and everyday amenities. A wonderful opportunity to enjoy peaceful ground-floor living in a convenient location. open house Nov 15 2026

Open houses

15 Nov, 2026 (02:00 PM to 04:00 PM)

Building 25 fields Inside & out 12 fields Lot & land 8 fields

Building Details

Price	$539,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1068
Year Built	1996
Age Of Building	30
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	1
Building Amenities	Trash, Maintenance Grounds, Gas, Management, Sewer, Water
Ownership Type	Freehold Strata
Maintenance Fee	$560.01
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Gas, Management, Sewer, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator, Storage
Fireplace	1
Heating Type	Baseboard, Electric, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Multi Family, Residential Attached

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3169315
Area	South Surrey White Rock
Neighbourhood	King George Corridor
City	Surrey
Postal Code	V4A 1W9
Gross Taxes	$2,519.13
Zoning	CD

Property Timeline

Status	Date	Price
R3169315 / Active	09-24-2026	$539,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17'2 x 17'2 ft
Main Level	Dining Room	11'8 x 11'8 ft
Main Level	Kitchen	11'4 x 11'4 ft
Main Level	Pantry	4'1 x 4'1 ft
Main Level	Primary Bedroom	17'6 x 17'6 ft
Main Level	Walk-In Closet	6'0 x 6'0 ft
Main Level	Bedroom	14'11 x 14'11 ft
Main Level	Foyer	9'3 x 9'3 ft
Main Level	Patio	16'6 x 16'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4

Listed by: Royal Regal Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

About the building: Cranberry Lane

15241 18 Avenue, King George Corridor, Surrey

Cranberry Lane building details

Building

Built: 1996
Homes: 42
Construction: Other, Frame - Wood
Title: Freehold Strata
Strata plan: LMS2269
Managed by: Teamwork Property Management
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: ManagementGasGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Cranberry Lane

For sale: 2
Median ask: $532K
Median $/sqft: $503
Days on market: 30
Sold, past year: 1

This home

$505/sqft, in line with the building median of $503.

Homes for sale at Cranberry Lane, Surrey Recent sold listings in Cranberry Lane, Surrey

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 12.23 km · crime average · sell-speed score 53/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (46 nearby)

Vancity · 59 m · Bank
Happy hair & beauty · 78 m · Hairdresser
Talent nail & hair spa · 146 m · Beauty Shop

Restaurants (39 nearby)

Subway · 106 m · Fast Food
Popeyes · 106 m · Fast Food
Taco del mar · 108 m · Fast Food

Groceries (13 nearby)

Fruiticana · 46 m · Supermarket
Z&l enterprise hotpot & bbq supply store · 158 m · Butcher
Pikanik · 321 m · Bakery

Cafes (9 nearby)

Tim hortons · 169 m · Cafe
Starbucks · 171 m · Cafe
Leon's cafe · 267 m · Cafe

Healthcare (5 nearby)

The medicine shoppe · 269 m · Healthcare
Shoppers drug mart · 461 m · Healthcare
Family care pharmacy · 555 m · Healthcare

Transit (1 nearby)

Bus stop southbound oxford st @ north bluff rd · 993 m · Transit

Public Schools

Elementary
Jessie Lee Elementary School: Average 0.7 km 5.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Newbridge Academy: Above Average 0.25 km 8.1/10
Elementary, Secondary
White Rock Christian Academy: Above Average 0.95 km 8.9/10

Closest Transit

Bus Stop
Northbound 152 St @ 18 Ave: 0.06 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029): 12.23 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Below Average 21.1%
No Certificate/Degree: Below Average 12.5%
Owner Occupied: Below Average 51%
Employment Rate: Below Average 47.4%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

53 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $525,629

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 12.23 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How KING GEORGE CORRIDOR compares

This property

46 DOM

Listed

107 15241 18 Avenue has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.5% above comparable active properties in King George Corridor. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With 321 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4A 1W9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 1W9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Surrey East, Surrey (~13.3 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

18 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Newbridge Academy	Independent	Grades Served —	Catchment Info —	8.1 / 10	Distance 251 m
Jessie Lee Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.2 / 10	Distance 700 m
White Rock Christian Academy	Independent	Grades Served K-12	Catchment Info —	8.9 / 10	Distance 950 m
H T Thrift Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 972 m
Semiahmoo Secondary School	Public	Grades Served 8-12	Catchment Info —	8.0 / 10	Distance 996 m
White Rock Elementary	Public	Grades Served —	Catchment Info —	5.9 / 10	Distance 1.08 KM
White Rock Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.09 KM
Star of the Sea	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.17 KM
Star of the Sea School	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 1.25 KM
South Surrey White Rock Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.8 / 10	Distance 1.29 KM
Peace Arch Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.59 KM
Peace Arch Elementary	Public	Grades Served —	Catchment Info —	5.9 / 10	Distance 1.73 KM
Bayridge Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.01 KM
Earl Marriott Secondary	Public	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.10 KM
South Meridian Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.24 KM
Southridge School	Independent	Grades Served K-12	Catchment Info —	10.0 / 10	Distance 2.30 KM
Sunnyside Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.52 KM
Semiahmoo Trail Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.90 KM

Walkability & Transit Near 107 15241 18 Avenue

Very Walkable 89

Walk Score - Very Walkable

Most errands can be accomplished on foot

Good Transit 59

Transit Score - Good Transit

Many nearby public transportation options

Very Bikeable 77

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 107 15241 18 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 023-309-288).

Total Assessed Value (2026)

$564,000

2026 Value Trend

Land

$396,000

Buildings

$168,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$396,000	$168,000	$564,000	—

Costs & calculators

Monthly cost about $2,942/month · rent estimate $2,109/month · owning catches up with renting by year 16 · cash flow if rented −$991/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 107 15241 18 Avenue

$2,942 /month

Principal & Interest $2,172

Property Taxes $210

Maintenance fee $560

The estimated monthly cost of 107 15241 18 Avenue, Surrey is $2,942: $2,172 principal and interest with 20% down over 30 years at 4.45%, plus $210 property tax and $560 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$991 /month

Mortgage Payment $2,172

Monthly Cash Flow −$991

Break Even Down Payment 57%

Cap Rate -2.2%

Cash on Cash -11.0%

If 107 15241 18 Avenue, Surrey were rented at $2,109 a month with 5% vacancy, it would fall $991 a month short of the mortgage and carrying costs; about 57% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 107 15241 18 Avenue, Surrey

$2,109 / month

Rent $2,109

Own $2,942

Principal: $699/mo Interest, tax, insurance, fees: $2,243/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$585/mo (year 1) → ~$1,360/mo (year 20) → ~$2,028/mo (year 29).

Net cost to own at year 5 ~$2,243/mo About $134/mo more than renting

EstateBlock estimates 107 15241 18 Avenue, Surrey would rent for about $2,109 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 107 15241 18 Avenue

Rent vs own

Owning catches up by year 16

With 20% down ($107,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $38,426

Principal paid off by year 10 $86,407

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 107 15241 18 Avenue, Surrey is cheaper at first, but owning catches up by year 16, with $38,426 of principal paid off by year 5 and $86,407 by year 10.