506 11063 Ravine Rd, Surrey BC - Apartment/Condo for Sale - MLS# R3140559

104 days on the market
$539,000
Est. Mortgage $2,385/mo
Listing updated:
EstateBlock checked:
Ledgeview 2
2 Beds
1 Baths
644 sqft
837 $ /sqft
296.24 $ Maint. fee
2027 built
10.2% price reduction
104 days on the market
$539,000
$599,900
Est. $2,385/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 506 11063 Ravine Road

10.2% price reduction

ASSIGNMENT OF SALE! Ledgeview 2 by Quadra Homes-a beautiful JR 2 Bedroom condo offering stunning city and mountain views! Located approx. 800 meters from Gateway SkyTrain Station and within walking distance to major amenities. The unit features portable AC unit with dedicated air vent, triple-glazed oversized windows along with modern, high-end finishes throughout. Enjoy premium stainless steel appliances, a washer and dryer, spacious kitchen with ultra-deep sinks and a gas range. Amenities include a gym, party room, and table tennis area on the ground floor.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator
Heating Type Baseboard, Electric
Cooling Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Vinyl, Carpet
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $539,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 644
Year Built 2027
Age Of Building 0
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Clubhouse, Exercise Centre, Maintenance Grounds, Management, Snow Removal
Building Name Ledgeview 2
Ownership Type Freehold Strata
Maintenance Fee $296.24
Community Features Shopping Nearby
Amenities Nearby Clubhouse, Exercise Centre, Maintenance Grounds, Management, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions No Restrictions

Lot & Land

Lot Size Depth Feet
MLS® # R3140559
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V0V 0V0
Gross Taxes 0
Zoning CD

Property Timeline

Status Date Price
R3140559 / Active 06-25-2026 $539,000
Rooms
Floor Type Dimensions
Main Level Living Room 10'4 x 10'4 ft
Main Level Primary Bedroom 10' x 10' ft
Main Level Bedroom 7'45 x 7'45 ft
Main Level Kitchen 10'4 x 10'4 ft
Main Level Walk-In Closet 6' x 6' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Royal Pacific Realty (Kingsway) Ltd.

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 1 km 3.7/10
Secondary
Kwantlen Park Secondary School
Average 1.27 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 1.78 km 8.5/10
Secondary
Honour Secondary School
3.01 km

Closest Transit

Bus Stop
Southbound King George Blvd @ 132 St
0.12 km
Skytrain
Skytrain @ Gateway Stn
0.62 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
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

47 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $533,071
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.62 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 WHALLEY compares
This property
104 DOM
Listed
Whalley avg
—
—
Surrey avg
—
—

506 11063 Ravine Road has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.1% above comparable active properties in Whalley. 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 may take several weeks to attract serious offers.

Climate Risk for V0V 0V0

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0V 0V0, 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. Nearest station: New Westminster Sapperton Park, New Westminster (~3.8 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

Groceries (4 nearby)

  • Nesters market · 644 m · Supermarket
  • Central city beer store · 896 m · Beverages
  • Bc liquor store · 912 m · Beverages

Shopping (3 nearby)

  • U-haul self-storage & truck rental · 400 m · Car Rental
  • Td · 616 m · Bank
  • Shoppers drug mart · 688 m · Pharmacy

Restaurants (3 nearby)

  • A&w · 861 m · Fast Food
  • Mcdonald's · 955 m · Fast Food
  • Alebi african cuisine · 999 m · Restaurant

Cafes (2 nearby)

  • Waves coffee house · 643 m · Cafe
  • Ken's tea house · 992 m · Cafe

Transit (2 nearby)

  • Skytrain @ gateway stn station · 620 m · Transit
  • Bus stop westbound 113 ave @ 137 st · 989 m · Transit

Healthcare (1 nearby)

  • Shoppers drug mart · 688 m · Healthcare

Schools NearBy

14 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

466 m

K B Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.7 / 10

Distance

999 m

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

1.07 KM

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.7 / 10

Distance

1.27 KM

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

1.34 KM

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.3 / 10

Distance

1.53 KM

Our Lady of Good Counsel

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

1.78 KM

Old Yale Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.2 / 10

Distance

1.89 KM

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

2.52 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.0 / 10

Distance

2.57 KM

Prince Charles Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.68 KM

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.5 / 10

Distance

2.72 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.89 KM

Iqra School

Independent

Grades Served

K-7

Catchment Info

—
9.2 / 10

Distance

2.96 KM

Pre-computed routes from 506 11063 Ravine Rd, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Gateway → Waterfront
    46 min
  • Metrotown, Burnaby via Gateway → Metrotown
    28 min
  • SFU Burnaby via Gateway → Production Way
    26 min
  • Richmond Centre via Gateway → Brighouse
    71 min
  • YVR Airport via Gateway → YVR-Airport
    72 min

By car (off-peak)

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

Calculate your commute

506 11063 Ravine Rd, Surrey, BC is ideally located for commuters. The property is 0.6 km from Gateway, with a 46 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound King George Blvd @ 132 St (0.12 km). Walk Score Transit rating: Excellent Transit (73/100).

Walkability & Transit Near 506 11063 Ravine Road

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 506 11063 Ravine Road

/month
Principal & Interest
Property Taxes $0
Maintenance fee 296.24
With a 20% down payment, buyers can expect an estimated $2,355/month in total housing costs on this $539,000 property — $2,059 mortgage payment, $296 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
Based on $2,004/month estimated rent and $2,408/month in total housing costs, this property has a -$405/month cashflow. Break-even down payment: approximately 36%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 506 11063 Ravine Road, 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 — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $539,000
Surrey Loading...
Whalley Loading...

Based on 113 comparable active apartments/condos in Whalley, the average asking price is $508,707. This listing is priced 6% above the neighbourhood average. This property is flagged as a Hot Deal (10.2% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $4,124
0 of 21 missions

Sign up on Estateblock.com

$206 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 506 11063 Ravine Road

Walk Score Badge
Car-Dependent 75

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 73

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

Similar Condos for Sale in Whalley

Recently Sold Homes Near 506 11063 Ravine Road