315 7505 138 St, Surrey BC - Apartment/Condo for Sale - MLS# R3168073

1 day on the market
$389,900
Est. Mortgage $1,725/mo
Listing updated:
EstateBlock checked:
1 Beds
1 Baths
690 sqft
565 $ /sqft
327.8 $ Maint. fee
1994 built
NEW
1 day on the market
$389,900
Est. $1,725/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 315 7505 138 Street

INVESTORS & FIRST-TIME HOME BUYERS ALERT!!! WELCOME to this one-of-a-kind EAST NEWTON 690 SQ. FT. condo in the MIDTOWN VILLAS complex! located MINUTES AWAY from NEWTON BUS exchange in ONE of surrey’s most desirable RENTALS ALLOWED building. This FULLY RENOVATED open-concept 1-bedroom condo comes with in-suite laundry, updated kitchen, countertops and much more, plus a storage locker, parking stall & loads of NATURAL SUNLIGHT! Relax with your family and friends or enjoy a cold beverage on your own extended balcony. This centrally located complex is well maintained with a pro-active strata & is walking distance from schools, shopping & transit !

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 Hardwood, Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $389,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 690
Year Built 1994
Age Of Building 32
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Gas, Other, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $327.8
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Gas, Other, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, 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
Rental Suites None
Units In Development 54

Lot & Land

MLS® # R3168073
Area Surrey
Neighbourhood East Newton
City Surrey
Postal Code V3W 0W6
Gross Taxes $1,947.62
Zoning MF

Property Timeline

Status Date Price
R3168073 / Active 09-22-2026 $389,900
Rooms
Floor Type Dimensions
Main Level Living Room 15'6 x 15'6 ft
Main Level Kitchen 9'0 x 9'0 ft
Main Level Primary Bedroom 15'6 x 15'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Keller Williams Bold 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 & Neighbourhood

Public Schools

Elementary
Bear Creek Elementary School
Below Average 0.99 km 3.4/10
Secondary
Frank Hurt Secondary School
Average 0.46 km 4.9/10

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

Private Schools

Elementary
Surrey Muslim School
Average 0.65 km 6.7/10
Elementary,Secondary
Regent Christian Online Academy
Above Average 3.26 km 8.2/10

Closest Transit

Bus Stop
Southbound 138 St @ 75A Ave
0.03 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.14 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 14.4%
No Certificate/Degree
Above Average 23.2%
Owner Occupied
Average 68.2%
Employment Rate
Above Average 68.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

36 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $351,690
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.14 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How EAST NEWTON compares
This property
1 DOM
Listed
East Newton avg
Surrey avg

315 7505 138 Street has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 9.8% above comparable active properties in East Newton. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.9% — buyers have more leverage. With only 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 V3W 0W6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 0W6, 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 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~4.9 km). Annual avg AQHI 2.1 — 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.

Nearby Restaurants, Cafes & Shops

Shopping (46 nearby)

  • L.a. nails · 182 m · Beauty Shop
  • Bmo · 221 m · Bank
  • Prospera · 263 m · Bank

Restaurants (34 nearby)

  • Mary brown's · 157 m · Fast Food
  • Haveli bistro restaurant · 158 m · Restaurant
  • Pho newton · 188 m · Fast Food

Groceries (15 nearby)

  • New wave convenience & smoke shop · 282 m · Convenience
  • Bc liquor store · 297 m · Beverages
  • Al salam halal meat & grocery · 330 m · Butcher

Healthcare (5 nearby)

  • Universal pharmacy · 407 m · Healthcare
  • Shoppers drug mart · 512 m · Healthcare
  • Costco pharmacy · 519 m · Healthcare

Cafes (4 nearby)

  • Starbucks · 366 m · Cafe
  • Espresso café · 389 m · Cafe
  • Tim hortons · 581 m · Cafe

Gyms (1 nearby)

  • Andrew sheret · 964 m · Gym

Transit (1 nearby)

  • Bus stop southbound king george blvd @ 80 ave · 981 m · Transit

Schools NearBy

30 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Frank Hurt Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
4.9 / 10

Distance

456 m

Surrey Muslim School

Independent

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

654 m

McLeod Road Traditional

Public

Grades Served

Catchment Info

7.2 / 10

Distance

864 m

Bear Creek Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.4 / 10

Distance

986 m

M B Sanford Elementary School

Public

Grades Served

K-7

Catchment Info

3.9 / 10

Distance

1.17 KM

Georges Vanier Elementary School

Public

Grades Served

K-7

Catchment Info

3.0 / 10

Distance

1.32 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

3.2 / 10

Distance

1.38 KM

Newton Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

1.53 KM

Hyland Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

1.72 KM

Gabrielle-Roy

Public

Grades Served

Catchment Info

6.1 / 10

Distance

1.77 KM

Chimney Hill Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

1.94 KM

Dr. F. D. Sinclair Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

1.95 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

5.2 / 10

Distance

1.96 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

2.08 KM

T E Scott Elementary School

Public

Grades Served

K-7

Catchment Info

4.6 / 10

Distance

2.19 KM

St Bernadette

Independent

Grades Served

Catchment Info

8.6 / 10

Distance

2.30 KM

Brookside Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.30 KM

Janice Churchill Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

2.32 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

8.6 / 10

Distance

2.34 KM

Enver Creek Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.37 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.49 KM

McLeod Road Traditional School

Public

Grades Served

K-7

Catchment Info

7.2 / 10

Distance

2.52 KM

Cornerstone Montessori School

Independent

Grades Served

K-7

Catchment Info

10.0 / 10

Distance

2.62 KM

Sikh Academy

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

2.70 KM

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

2.78 KM

Sullivan Heights Secondary School

Public

Grades Served

8-12

Catchment Info

6.5 / 10

Distance

2.88 KM

Strawberry Hill Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

2.89 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.92 KM

Goldstone Park Elementary School

Public

Grades Served

K-7

Catchment Info

5.6 / 10

Distance

2.95 KM

Maple Green Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

2.99 KM

Walkability & Transit Near 315 7505 138 Street

Walk Score Badge
Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 315 7505 138 Street

2026 assessed value, sourced from City of Surrey open data (PID 018-729-801).
Total Assessed Value (2026)
$394,000
2026 Value Trend
Land
$318,000
Buildings
$76,000
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $318,000 $76,000 $394,000

Mortgage Calculator for 315 7505 138 Street

/month
Principal & Interest
Property Taxes $162
Maintenance fee 327.8
With a 20% down payment, buyers can expect an estimated $1,979/month in total housing costs on this $389,900 property — $1,489 mortgage payment, $162 property tax, $328 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $1,526/month estimated rent and $2,024/month in total housing costs, this property has a -$498/month cashflow. Break-even down payment: approximately 47%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 315 7505 138 Street, Surrey

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — East Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $389,900
Surrey Loading...
East Newton Loading...

Based on 2 comparable active apartments/condos in East Newton, the average asking price is $355,000. This listing is priced 9.8% 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 315 7505 138 Street

Walk Score Badge
Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 71

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
71

Bike Score - Very Bikeable

Biking is convenient for most trips

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