316 2855 156 St, Surrey BC - Apartment/Condo for Sale - MLS# R2893440

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Listing updated:
EstateBlock checked:
The Heights
2 Beds
2 Baths
866 sqft
710 $ /sqft
358.46 $ Maint. fee
2016 built
Closed
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This property sold for
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Listing updated:
EstateBlock checked:

About the building: The Heights

2855 156 Street, Grandview Surrey, Surrey

The Heights building details

Building

Built
2016
Homes
66 in 5 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS1140
Managed by
Dwell Property Management
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
WaterSnow removalManagementHot WaterGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at The Heights

For sale
4
Median ask
$649K
Median $/sqft
$604
Days on market
89
Sold, past year
5
This home

$710/sqft, 17.5% above the building median of $604.

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

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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Public Schools

Secondary
Semiahmoo Secondary School
2.72 km
Elementary
Sunnyside Elementary School
Average 0.66 km 5.7/10

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 0.91 km 10/10
Elementary, Secondary
Southridge School
Above Average 0.91 km 10/10

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

54 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GRANDVIEW SURREY compares
This property
84 DOM
Listed
Grandview Surrey avg
—
—
Surrey avg
—
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316 2855 156 Street has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With only 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.

Nearby Restaurants, Cafes & Shops

Mortgage Calculator for 316 2855 156 Street

/month
Principal & Interest
Property Taxes $196
Maintenance fee 358.46
Financing 80% of the $614,900 asking price over 30 years at 4% results in approximately $2,903/month in total estimated carrying costs, $196 property tax, $358 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $2,226/month in rental income, leaving a -$728/month cashflow at current carrying costs. Investors targeting break-even would need roughly 45% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 316 2855 156 Street, Surrey

Buy Vs Rent Calculator

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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 — Grandview Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home
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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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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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