By car (off-peak)
Sold
313 7131 Stride Avenue, Burnaby, BC
2
Beds
2
Baths
866
sqft
2014
built
123 11063 Ravine Rd, Surrey BC V0V 0V0 – Condo for Sale – MLS® R3154747
93 days on the market
$699,900
Est. monthly cost $2,820/mo
Updated with MLS® -
2
Beds
2
Baths
911
sqft
768
$
/sqft
0
$
Maint. fee
2026
built
Property Details for 123 11063 Ravine Road
ASSIGNMENT OF CONTRACT – Rare opportunity to own approx. 910+ Sqft, 2 Bed 2 Bath home at Ledgeview II by Quadra Homes! Premium CORNER GROUND - FLOOR home with 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.
Building Details
| Price | $699,900 |
|---|---|
| Total Bedrooms | 2 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 911 |
| Year Built | 2026 |
| Age Of Building | 0 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Architecture Style | Ground Level Unit |
| Stories | 0 |
| Building Amenities | Clubhouse, Exercise Centre, Maintenance Grounds, Gas, Hot Water |
| Ownership Type | Freehold Strata |
| Maintenance Fee | 0 |
| Community Features | Shopping Nearby |
| Amenities Nearby | Clubhouse, Exercise Centre, Maintenance Grounds, Gas, Hot Water |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Guest |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions |
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Interior Features | Elevator, Storage |
| Heating Type | Baseboard, Electric |
| Laundry | In Unit |
| # of Kitchens | 0 |
| Foundation | Concrete Perimeter |
Exterior Features
| Exterior Features | Garden |
|---|---|
| Roof | Asphalt |
| Structures | Multi Family, Residential Attached |
Lot & Land
| MLS® # | R3154747 |
|---|---|
| Area | North Surrey |
| Neighbourhood | Whalley |
| City | Surrey |
| Postal Code | V0V 0V0 |
| Gross Taxes | 0 |
| Zoning | RES |
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 10'6 x 10'6 ft |
| Main Level | Bedroom | 10'2 x 10'2 ft |
| Main Level | Bedroom | 8'6 x 8'6 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #3 |
| Main Level | No | #3 |
Listed by: eXp Realty
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.
Map, sell speed & climate
SkyTrain 0.58 km · Kwantlen Park Secondary School 5.7/10 · 1.27 km · crime average · sell-speed score 30/100 (may take longer) · flood lower risk · wildfire low
Map & Neighbourhood
Nearby Restaurants, Cafes & Shops
Shopping (6 nearby)
- U-haul self-storage & truck rental · 349 m · Car Rental
- Td · 572 m · Bank
- Shoppers drug mart · 647 m · Pharmacy
Groceries (4 nearby)
- Nesters market · 601 m · Supermarket
- Bc liquor store · 868 m · Beverages
- African superstore · 889 m · Supermarket
Restaurants (4 nearby)
- A&w · 912 m · Fast Food
- Alebi african cuisine · 958 m · Restaurant
- Taqueria jalisco mexican restaurant · 991 m · Restaurant
Cafes (2 nearby)
- Waves coffee house · 610 m · Cafe
- Ken's tea house · 951 m · Cafe
Healthcare (2 nearby)
- Shoppers drug mart · 647 m · Healthcare
- Gain pharmacy · 985 m · Healthcare
Transit (2 nearby)
- Skytrain @ gateway stn station · 584 m · Transit
- Bus stop westbound 108 ave @ 12800 block · 981 m · Transit
Public Schools
- Elementary
- K B Woodward Elementary School
- Below Average 1 km
- Secondary
- Kwantlen Park Secondary School
- Average 1.27 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary
- Our Lady of Good Counsel
- Above Average 1.74 km
- Secondary
- Honour Secondary School
- 2.96 km
Closest Transit
- Bus Stop
- Southbound King George Blvd @ 132 St
- 0.08 km
- Skytrain
- Skytrain @ Gateway Stn
- 0.58 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average 18%
- No Certificate/Degree
- Above Average 21.2%
- Owner Occupied
- Average 69.7%
- Employment Rate
- Average 59.5%
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
30 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $586,659
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.58 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 WHALLEY compares
This property
93 DOM
123 11063 Ravine Road has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 19.3% above comparable active properties in Whalley. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.9% — buyers have more leverage. With 2148 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Climate Risk for V0V 0V0
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0V 0V0, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Flood
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS. Nearest station: New Westminster Sapperton Park, New Westminster (~3.9 km). Annual avg AQHI 0 — Low Risk.
Heat
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
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
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
15 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
City Central Learning Centre |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance487 m
|
|
K B Woodward Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance1.00 KM
|
|
James Ardiel Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.02 KM
|
|
Kwantlen Park Secondary School |
Public |
Grades Served8-12
|
Catchment InfoIn Catchment
|
Distance1.27 KM
|
|
Surrey Traditional School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.30 KM
|
|
Forsyth Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.48 KM
|
|
Our Lady of Good Counsel |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance1.74 KM
|
|
Old Yale Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.88 KM
|
|
Mary Jane Shannon Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.46 KM
|
|
Ellendale Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.52 KM
|
|
Guildford Park Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance2.67 KM
|
|
Prince Charles Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.70 KM
|
|
Lena Shaw Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.85 KM
|
|
Iqra School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.92 KM
|
|
Honour Secondary School |
Independent |
Grades Served10-12
|
Catchment Info—
|
Distance2.96 KM
|
Pre-computed routes from 123 11063 Ravine Rd, Surrey, BC
123 11063 Ravine Rd, Surrey, BC
46 min
Downtown Vancouver
By transit (Skytrain)
-
Downtown Vancouver via Gateway → Waterfront46 min
-
Metrotown, Burnaby via Gateway → Metrotown28 min
-
SFU Burnaby via Gateway → Production Way26 min
-
Richmond Centre via Gateway → Brighouse71 min
-
YVR Airport via Gateway → YVR-Airport72 min
By car (off-peak)
-
Downtown Vancouver via HWY 1 / Grandview25 min
-
Metrotown, Burnaby via Lougheed Hwy13 min
-
SFU Burnaby via Gaglardi Way9 min
-
Richmond Centre via No. 3 Rd25 min
-
YVR Airport via Bridgeport / Sea Island28 min
Calculate your commute
123 11063 Ravine Rd, Surrey, BC is ideally located for commuters. The property is 0.6 km from Gateway, with a 46 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound King George Blvd @ 132 St (0.08 km). Walk Score Transit rating: Excellent Transit (75/100).
Walkability & Transit Near 123 11063 Ravine Road
Very Walkable
73
Walk Score - Very Walkable
Most errands can be accomplished on foot
Excellent Transit
75
Transit Score - Excellent Transit
Transit is convenient for most trips
Bikeable
59
Bike Score - Bikeable
Some bike infrastructure
Costs & calculators
Monthly cost about $2,820/month · rent estimate $2,667/month · owning nets $606/month less than renting · cash flow if rented −$343/month
Mortgage Calculator for 123 11063 Ravine Road
$2,820
/month
Principal & Interest
$2,820
Property Taxes
$0
Maintenance fee
$0
The estimated monthly cost of 123 11063 Ravine Road, Surrey is $2,820: $2,820 principal and interest with 20% down over 30 years at 4.45%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Investment Cashflow Calculator
−$343
/month
Mortgage Payment
$2,820
Monthly Cash Flow
−$343
Break Even Down Payment
30%
Cap Rate
-0.6%
Cash on Cash
-2.9%
If 123 11063 Ravine Road, Surrey were rented at $2,667 a month with 5% vacancy, it would fall $343 a month short of the mortgage and carrying costs; about 30% 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 123 11063 Ravine Road, Surrey
$2,667
/ month
Principal: $907/mo
Interest, tax, insurance, fees: $1,913/mo
Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$759/mo (year 1) → ~$1,766/mo (year 20) → ~$2,634/mo (year 29).
Net cost to own at year 5
~$1,913/mo
About $754/mo less than renting
EstateBlock estimates 123 11063 Ravine Road, Surrey would rent for about $2,667 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: 123 11063 Ravine Road
Rent vs own
Owning nets $606/mo less than renting
With 20% down ($139,980) at 4.45%: $2,061/mo net cost to own in year 1 vs $2,667/mo rent
Principal paid off by year 5
$49,896
Principal paid off by year 10
$112,201
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.
Owning 123 11063 Ravine Road, Surrey nets about $606 a month less than renting it in year 1, with $49,896 of principal paid off by year 5 and $112,201 by year 10.
Price vs Neighbourhood Average — Whalley, Surrey
This Home
$699,900
Surrey
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Whalley
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Based on 161 comparable active apartments/condos in Whalley, the average asking price is $586,659. This listing is priced 19.3% above the neighbourhood average.
Data is based on list prices of similar active listings. 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
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
About EstateBlock · Who reviews our guides
