Home Surrey, BC Whalley Observatory 404 10899 University Drive

404 10899 University Dr, Surrey BC - Apartment/Condo for Sale - MLS# R3146820

54 days on the market

$299,000

Est. Mortgage $1,323/mo

Listing updated: Aug 17, 2026 at 07:04pm

EstateBlock checked: Sep 5, 2026 at 11:45pm

Observatory

1 Beds

1 Baths

535 sqft

559 $ /sqft

321.89 $ Maint. fee

1995 built

6.3% price reduction

54 days on the market

$299,000

$319,000

Est. $1,323/mo with 20% down

Listing updated: Aug 17, 2026 at 07:04pm

EstateBlock checked: Sep 5, 2026 at 11:45pm

Photos

Exterior Front Photo of 404 10899 University Drive, Surrey, BC

Exterior Rear Photo of 404 10899 University Drive, Surrey, BC

Living Room Photo of 404 10899 University Drive, Surrey, BC

Family Room Photo of 404 10899 University Drive, Surrey, BC

Dining Area Photo of 404 10899 University Drive, Surrey, BC

Kitchen Photo of 404 10899 University Drive, Surrey, BC

Kitchen Island Photo of 404 10899 University Drive, Surrey, BC

Pantry Photo of 404 10899 University Drive, Surrey, BC

Breakfast Nook Photo of 404 10899 University Drive, Surrey, BC

Primary Bedroom Photo of 404 10899 University Drive, Surrey, BC

WOW!! The OBSERVATORY. Opportunity here - bring your paint brush. A great one bedroom, one bath home featuring laminate floors, nice 7'x3' balcony. Location is prime for transit, recreation centre, shopping, restaurants and more. Building features gym, sauna, swirl pool/hot tub.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Interior Features	Elevator
Fireplace	1
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Tile, Wall/Wall/Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Other
Structures	Multi Family, Residential Attached

Building Details

Price	$299,000
Total Bedrooms	1
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	535
Year Built	1995
Age Of Building	31
Building Type	Apartment/Condo
Property Type	Residential
Stories	1
Building Amenities	Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Snow Removal
Building Name	Observatory
Ownership Type	Freehold Strata
Maintenance Fee	$321.89
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Gas, Management, Recreation Facilities, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Underground, Concrete
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
Units In Development	127

Lot & Land

MLS^® #	R3146820
Area	North Surrey
Neighbourhood	Whalley
City	Surrey
Postal Code	V3T 5V2
Gross Taxes	$1,648.15
Zoning	CD

Property Timeline

Status	Date	Price
R3146820 / Active	07-14-2026	$299,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6' x 6' ft
Main Level	Living Room	12' x 12' ft
Main Level	Dining Room	10' x 10' ft
Main Level	Kitchen	12' x 12' ft
Main Level	Laundry	5' x 5' ft
Main Level	Primary Bedroom	12' x 12' ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: Royal LePage West Real Estate Services

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
K B Woodward Elementary School: Below Average 0.76 km 3.7/10
Secondary
Kwantlen Park Secondary School: Average 0.95 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
Our Lady of Good Counsel: Above Average 1.29 km 8.5/10
Secondary
Honour Secondary School: 2.68 km

Closest Transit

Bus Stop
Gateway Station @ Bay 1: 0.1 km
Skytrain
Skytrain @ Gateway Stn: 0.10 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: Possible
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

67 / 100

Overall sell-speed score

Likely within weeks

Price competition grade

Avg comparable: $336,076

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Possible — near transit

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

54 DOM

Listed

Whalley avg

—

Surrey avg

—

404 10899 University Drive has a sell-speed score of 67/100, placing it in the "Expected to sell within weeks" band. The listing is priced 12.4% below comparable active properties in Whalley, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 12.7% — conditions are balanced. With only 2310 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V3T 5V2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 5V2, 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 B / Good

Annual avg PM2.5 5.2 µg/m³ — meets Canada's CAAQS (BC ENV 2024). Nearest station: New Westminster Sapperton Park, New Westminster (~4.4 km). Annual avg AQHI 0 — 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

Restaurants (15 nearby)

Alebi african cuisine · 486 m · Restaurant
Taqueria jalisco mexican restaurant · 518 m · Restaurant
Goto moto & huong que · 524 m · Restaurant

Shopping (14 nearby)

Td · 151 m · Bank
Shoppers drug mart · 180 m · Pharmacy
U-haul self-storage & truck rental · 306 m · Car Rental

Groceries (8 nearby)

Nesters market · 157 m · Supermarket
Bc liquor store · 419 m · Beverages
African superstore · 443 m · Supermarket

Cafes (4 nearby)

Waves coffee house · 134 m · Cafe
Ken's tea house · 478 m · Cafe
Huyen cafe · 677 m · Cafe

Healthcare (3 nearby)

Shoppers drug mart · 180 m · Healthcare
Gain pharmacy · 511 m · Healthcare
Pharmasave · 669 m · Healthcare

Transit (2 nearby)

Skytrain @ gateway stn station · 99 m · Transit
Bus stop southbound university dr @ 104 ave · 990 m · Transit

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
City Central Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.0 / 10	Distance 554 m
K B Woodward Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	3.7 / 10	Distance 762 m
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.7 / 10	Distance 951 m
James Ardiel Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 1.07 KM
Forsyth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.3 / 10	Distance 1.10 KM
Our Lady of Good Counsel	Independent	Grades Served K-7	Catchment Info —	8.5 / 10	Distance 1.29 KM
Surrey Traditional School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 1.34 KM
Old Yale Road Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 1.50 KM
Mary Jane Shannon Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.13 KM
Ellendale Elementary School	Public	Grades Served K-7	Catchment Info —	3.0 / 10	Distance 2.32 KM
Guildford Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.5 / 10	Distance 2.35 KM
Lena Shaw Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 2.38 KM
Prince Charles Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.56 KM
Honour Secondary School	Independent	Grades Served 10-12	Catchment Info —	0	Distance 2.68 KM
Iqra School	Independent	Grades Served K-7	Catchment Info —	9.2 / 10	Distance 2.92 KM
Hjorth Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.1 / 10	Distance 2.92 KM
Continuing Ed SD36 (Queen Elizabeth)	Public	Grades Served —	Catchment Info —	3.1 / 10	Distance 2.92 KM
Queen Elizabeth Secondary School	Public	Grades Served 8-12	Catchment Info —	5.4 / 10	Distance 2.94 KM
Cedar Hills Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 2.99 KM

Pre-computed routes from 404 10899 University Dr, Surrey, BC

404 10899 University Dr, Surrey, BC Gateway 0.1 km

40 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via Gateway → Waterfront
40 min
Metrotown, Burnaby via Gateway → Metrotown
22 min
SFU Burnaby via Gateway → Production Way
20 min
Richmond Centre via Gateway → Brighouse
65 min
YVR Airport via Gateway → YVR-Airport
66 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
25 min
Metrotown, Burnaby via Lougheed Hwy
14 min
SFU Burnaby via Gaglardi Way
9 min
Richmond Centre via No. 3 Rd
25 min
YVR Airport via Bridgeport / Sea Island
29 min

Calculate your commute

404 10899 University Dr, Surrey, BC is ideally located for commuters. The property is 0.1 km from Gateway, with a 40 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Gateway Station @ Bay 1 (0.1 km). Walk Score Transit rating: Excellent Transit (84/100).

Walkability & Transit Near 404 10899 University Drive

Car-Dependent 91

Walk Score - Walker's Paradise

Daily errands do not require a car

Some Transit 84

Transit Score - Excellent Transit

Transit is convenient for most trips

Somewhat
Bikeable 72

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 404 10899 University Drive

2026 assessed value, sourced from City of Surrey open data (PID 023-169-354).

Total Assessed Value (2026)

$321,000

2026 Value Trend

Land

$199,000

Buildings

$122,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$199,000	$122,000	$321,000	—

Mortgage Calculator for 404 10899 University Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $137

Maintenance fee 321.89

A 20% down payment of $59,800 on this $299,000 listing yields an estimated mortgage of $1,142/month (30-year fixed, 4%). Total estimated housing cost: $1,601/month, $137 property tax, $322 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: Aug 17, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Maintenance Fee

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing has an estimated rental yield of $1,667/month, resulting in a +$10/month cashflow after mortgage and carrying costs — a strong investor profile.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 404 10899 University Drive, 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.