40 15405 31 Ave, Surrey BC – Townhouse for Sale – MLS® R3170754

40 15405 31 Avenue, Surrey, British Columbia V3Z 2W5

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Listing updated:
EstateBlock checked:
Nuvo 2
3 Beds
3 Baths
1347 sqft
489 $ /sqft
516.78 $ Maint. fee
2012 built
PENDING
VERIFIED ACCOUNT REQUIRED
This property sold for
$●●●,●●●
Listing updated:
EstateBlock checked:

About the building: Nuvo 2

15405 31 Avenue, Grandview Surrey, Surrey

Nuvo 2 building details

Building

Built
2011
Homes
75 in 3 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
BCS4135
Managed by
Dwell Property Management
Parking
Visitor Parking, Garage: Single, Garage: Double, Carport & Garage
Lockers
Limited
Strata fee covers
Snow removalRecreation FacilityManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Nuvo 2

For sale
1
Median ask
$869K
Median $/sqft
$573
Days on market
164
Sold, past year
3
This home

$489/sqft, 14.7% below the building median of $573.

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

VERIFIED ACCOUNT REQUIRED

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

Map & Neighbourhood

Private Schools

Elementary, Secondary
Southridge School
Above Average 1.47 km 9.6/10
Elementary, Secondary
Southridge School
Above Average 1.47 km 9.6/10

Closest Transit

Bus Stop
Eastbound 32 Ave @ Croydon Dr
0.29 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
9.79 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

51 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $754,985
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.79 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
23 DOM
Listed
Grandview Surrey avg
—
—
Surrey avg
—
—

40 15405 31 Avenue has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 14.6% below comparable active properties in Grandview Surrey, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.8% — buyers have more leverage. With only 280 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 2W5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 2W5, 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 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.

Nearby Restaurants, Cafes & Shops

Shopping (24 nearby)

  • First choice hair · 541 m · Hairdresser
  • Rbc royal bank · 543 m · Bank
  • Artistic nails & spa @ south point exchange · 571 m · Beauty Shop

Restaurants (19 nearby)

  • Showshaa - the modern taproom · 499 m · Restaurant
  • Krishnas curry and crepes house · 517 m · Restaurant
  • Nando's · 521 m · Restaurant

Groceries (7 nearby)

  • Notti biscotti · 400 m · Bakery
  • Southpoint liquor store · 482 m · Beverages
  • Cobs bread · 544 m · Bakery

Cafes (4 nearby)

  • Starbucks · 573 m · Cafe
  • Tim hortons · 590 m · Cafe
  • Chatime · 791 m · Cafe

Transit (1 nearby)

  • Bus stop northbound 152 st @ king george blvd · 989 m · Transit

Schools NearBy

11 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Morgan Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

626 m

Rosemary Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

894 m

Sunnyside Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

1.10 KM

Southridge School

Independent

Grades Served

K-12

Catchment Info

—
10.0 / 10

Distance

1.47 KM

South Surrey White Rock Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.8 / 10

Distance

1.56 KM

Star of the Sea School

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

1.71 KM

Star of the Sea

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

1.77 KM

Semiahmoo Trail Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.3 / 10

Distance

1.78 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

—
8.9 / 10

Distance

1.79 KM

Jessie Lee Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.10 KM

Newbridge Academy

Independent

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

2.47 KM

Walkability & Transit Near 40 15405 31 Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 47

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
63

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 40 15405 31 Avenue

/month
Principal & Interest
Property Taxes $262
Maintenance fee 516.78
A 20% down payment of $131,760 on this $658,800 listing yields an estimated mortgage of $2,516/month (30-year fixed, 4%). Total estimated housing cost: $3,295/month, $262 property tax, $517 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
With $2,385/month in estimated rental income against $3,349/month in mortgage payments, the monthly cashflow is -$964/month. A 51% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 40 15405 31 Avenue, 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 — Grandview Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home
Surrey Loading...
Grandview Surrey Loading...
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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Walkability & Transit Near 40 15405 31 Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 47

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
63

Bike Score - Bikeable

Some bike infrastructure

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