Home Surrey, BC Grandview Surrey 223 15988 26 Street

223 15988 26 St, Surrey BC V3Z 5K3 – Condo for Sale – MLS® R3162830

223 15988 26 Street, Surrey, British Columbia V3Z 5K3

Surrey Condos for Sale

63 days on the market

$409,000

Est. monthly cost $2,192/mo

Updated with MLS® - Nov 10, 2026 at 08:45am

The Morgan

1 Beds

1 Baths

671 sqft

610 $ /sqft

372 $ Maint. fee

2008 built

8.1% price reduction

Photos

Come live in The Morgan - a 3 min. walk to Morgan Crossing outdoor shopping that offer a variety of boutique shops, restaurants, Home Depot and other big box retailers. The complex has amazing facilities including: outdoor pool & hot tub; clubhouse w/kitchen; gym; yoga studio; kids room; theatre and central green space with a large children's playground. This is a great space as a home, or an investment.Come live in The Morgan, in prestigious South Surrey. This is a 1 bedroom & den home with s/s appliances, gas stove, fireplace, granite counters and 9' ceilings. The primary bedroom has a large walk-in closet and cheater ensuite. The living room faces a private space, filled with trees making you feel like you are in your own little oasis.

Building 27 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$409,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	671
Year Built	2008
Age Of Building	18
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas
Building Name	The Morgan
Ownership Type	Freehold Strata
Maintenance Fee	$372
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Gas
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Under Building, Side Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None
Units In Development	2

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Elevator
Fireplace	1
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Vinyl
Foundation	Slab

Exterior Features

Exterior Features	Garden, Playground, Balcony
Roof	Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3162830
Area	South Surrey White Rock
Neighbourhood	Grandview Surrey
City	Surrey
Postal Code	V3Z 5K3
Gross Taxes	$2,063.85
Zoning	RES

Property Timeline

Status	Date	Price
R3162830 / Active	09-08-2026	$409,000
to view full Property History (3 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	13'6 x 13'6 ft
Main Level	Dining Room	11'3 x 11'3 ft
Main Level	Kitchen	9'5 x 9'5 ft
Main Level	Primary Bedroom	10'10 x 10'10 ft
Main Level	Walk-In Closet	7'6 x 7'6 ft
Main Level	Den	7'3 x 7'3 ft
Main Level	Foyer	7'3 x 7'3 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#4

Listed by: Heller Murch 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 10.22 km · Semiahmoo Secondary School 8/10 · 2.81 km · crime average · sell-speed score 62/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (56 nearby)

Bmo · 109 m · Bank
London drugs · 129 m · Pharmacy
Golf town · 192 m · Sports Shop

Restaurants (42 nearby)

Noodlebox · 225 m · Restaurant
Sushi castle · 237 m · Restaurant
Famoso pizzaria · 238 m · Restaurant

Cafes (5 nearby)

Starbucks · 151 m · Cafe
Shiny tea · 294 m · Cafe
Starbucks · 412 m · Cafe

Healthcare (5 nearby)

London drugs · 129 m · Healthcare
Pharmasave · 211 m · Healthcare
Thrifty foods pharmacy · 316 m · Healthcare

Groceries (3 nearby)

Thrifty foods · 305 m · Supermarket
Everything wine · 335 m · Beverages
Michael's artisan bakery & cafe · 781 m · Bakery

Transit (1 nearby)

Bus stop northbound 160 st @ 30 ave · 973 m · Transit

Public Schools

Secondary
Semiahmoo Secondary School: Above Average 2.81 km 8/10
Elementary
Sunnyside Elementary School: Average 0.63 km 6.3/10

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

Private Schools

Elementary, Secondary
Southridge School: Above Average 0.28 km 9.6/10
Elementary, Secondary
Southridge School: Above Average 0.28 km 9.6/10

Closest Transit

Bus Stop
Southbound 160 St @ 26 Ave: 0.15 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029): 10.22 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 36%
No Certificate/Degree: Below Average 8%
Owner Occupied: Above Average 76.8%
Employment Rate: Average 63.3%

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

62 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $424,900

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 10.22 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 GRANDVIEW SURREY compares

This property

63 DOM

Listed

223 15988 26 Street has a sell-speed score of 62/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.7% below comparable active properties in Grandview Surrey, which is a strong competitive signal. 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 V3Z 5K3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 5K3, 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 (~11.3 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

20 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Southridge School	Independent	Grades Served K-12	Catchment Info —	10.0 / 10	Distance 276 m
Sunnyside Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.3 / 10	Distance 630 m
South Surrey White Rock Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.8 / 10	Distance 798 m
Jessie Lee Elementary School	Public	Grades Served K-7	Catchment Info —	5.2 / 10	Distance 1.32 KM
White Rock Christian Academy	Independent	Grades Served K-12	Catchment Info —	8.9 / 10	Distance 1.59 KM
Morgan Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 1.75 KM
Star of the Sea School	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 1.84 KM
Star of the Sea	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 1.84 KM
Newbridge Academy	Independent	Grades Served —	Catchment Info —	8.1 / 10	Distance 1.94 KM
Earl Marriott Secondary	Public	Grades Served —	Catchment Info —	9.6 / 10	Distance 2.02 KM
Rosemary Heights Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.22 KM
Pacific Heights Elementary School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 2.41 KM
Peace Arch Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.43 KM
Peace Arch Elementary	Public	Grades Served —	Catchment Info —	5.9 / 10	Distance 2.50 KM
South Meridian Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 2.54 KM
Semiahmoo Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	8.0 / 10	Distance 2.81 KM
H T Thrift Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.87 KM
White Rock Elementary	Public	Grades Served —	Catchment Info —	5.9 / 10	Distance 2.88 KM
White Rock Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 2.89 KM
Semiahmoo Trail Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 2.94 KM

Walkability & Transit Near 223 15988 26 Street

Very Walkable 76

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 38

Transit Score - Some Transit

A few nearby public transportation options

Very Bikeable 71

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 223 15988 26 Street

2026 assessed value, sourced from City of Surrey open data (PID 027-738-302).

Total Assessed Value (2026)

$448,000

2026 Value Trend

Land

$326,000

Buildings

$122,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$326,000	$122,000	$448,000	—

Costs & calculators

Monthly cost about $2,192/month · rent estimate $1,685/month · owning catches up with renting by year 7 · cash flow if rented −$638/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 223 15988 26 Street

$2,192 /month

Principal & Interest $1,648

Property Taxes $172

Maintenance fee $372

The estimated monthly cost of 223 15988 26 Street, Surrey is $2,192: $1,648 principal and interest with 20% down over 30 years at 4.45%, plus $172 property tax and $372 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

−$638 /month

Mortgage Payment $1,648

Monthly Cash Flow −$638

Break Even Down Payment 51%

Cap Rate -1.9%

Cash on Cash -9.4%

If 223 15988 26 Street, Surrey were rented at $1,685 a month with 5% vacancy, it would fall $638 a month short of the mortgage and carrying costs; about 51% 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 223 15988 26 Street, Surrey

$1,685 / month

Rent $1,685

Own $2,192

Principal: $530/mo Interest, tax, insurance, fees: $1,662/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$444/mo (year 1) → ~$1,032/mo (year 20) → ~$1,539/mo (year 29).

Net cost to own at year 5 ~$1,662/mo About $23/mo less than renting

EstateBlock estimates 223 15988 26 Street, Surrey would rent for about $1,685 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: 223 15988 26 Street

Rent vs own

Owning catches up by year 7

With 20% down ($81,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $29,158

Principal paid off by year 10 $65,567

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 223 15988 26 Street, Surrey is cheaper at first, but owning catches up by year 7, with $29,158 of principal paid off by year 5 and $65,567 by year 10.