525 11077 Ravine Rd, Surrey BC V3T 0R7 – Condo for Sale – MLS® R3183119

525 11077 Ravine Road, Surrey, British Columbia V3T 0R7

3 days on the market
$375,000
Est. monthly cost $1,669/mo
Updated with MLS® -
Ledgeview
1 Beds
1 Baths
519 sqft
723 $ /sqft
2022 built
NEW
3 days on the market
$375,000
Est. $1,669/mo with 20% down
Updated with MLS® -

Property Details for 525 11077 Ravine Road

LEDGEVIEW – Stunning top-floor home featuring soaring vaulted ceilings and elegant upgraded wainscoting throughout. Enjoy your private patio with a natural gas BBQ hookup. The gourmet kitchen offers premium stainless steel appliances, including a dual-fuel oven with a gas cooktop, quartz countertops, and classic white shaker cabinetry. The spa-inspired bathroom features upgraded tile and heated floors. Includes an EV pre-wired underground parking stall and secure bike storage. Enjoy over 5,000 sq. ft. of amenities, including a fitness centre, meeting rooms, rooftop lounge, and children's playground. Ideally located just steps to Gateway SkyTrain Station, shopping, restaurants, and Surrey City Centre. A must see!

Building Details

Price $375,000
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 519
Year Built 2022
Age Of Building 4
Building Type Apartment/Condo
Unit Style Upper unit
Property Type Residential
Architecture Style Top Floor Unit
Stories 1
Building Amenities Bike Room, Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Heat, Hot Water, Management, Recreation Facilities, Snow Removal
Building Name Ledgeview
Ownership Type Freehold NonStrata
Amenities Nearby Bike Room, Clubhouse, Exercise Centre, Trash, Maintenance Grounds, Heat, Hot Water, 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 Additional Parking, Front Access, Concrete
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 156

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Disposal, Refrigerator, Stove, Microwave
Interior Features Elevator, Vaulted Ceiling(s)
Fireplace 0
Heating Type Baseboard
Laundry In Unit
# of Kitchens 0
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description Mountains
Roof Asphalt
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3183119
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 0R7
Gross Taxes $1,894.57
Zoning MF

Property Timeline

Status Date Price
R3183119 / Active 11-09-2026 $375,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Living Room 10'4 x 10'4 ft
Main Level Dining Room 10'4 x 10'4 ft
Main Level Primary Bedroom 10' x 10' ft
Main Level Patio 9'10 x 9'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #5

Listed by: RE/MAX 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.

About the building: Ledgeview

11077 Ravine Road, Whalley, Surrey

Ledgeview building details

Building

Built
2022
Homes
156 in 6 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS8008
Managed by
Paradigm Property Management
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
WaterSnow removalSewerRecreation FacilityManagementHot WaterHeatGasGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Ledgeview

For sale
10
Median ask
$573K
Median $/sqft
$682
Days on market
65
Sold, past year
5
This home

$723/sqft, 6% above the building median of $682.

  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2027, structural to 2032.

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

Map, sell speed & climate

SkyTrain 0.62 km · Kwantlen Park Secondary School 5.7/10 · 1.33 km · crime average · sell-speed score 49/100 (moderate pace) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Groceries (4 nearby)

  • Nesters market · 629 m · Supermarket
  • Bc liquor store · 891 m · Beverages
  • African superstore · 912 m · Supermarket

Shopping (3 nearby)

  • U-haul self-storage & truck rental · 353 m · Car Rental
  • Td · 598 m · Bank
  • Shoppers drug mart · 677 m · Pharmacy

Restaurants (2 nearby)

  • A&w · 923 m · Fast Food
  • Alebi african cuisine · 985 m · Restaurant

Cafes (2 nearby)

  • Waves coffee house · 650 m · Cafe
  • Ken's tea house · 980 m · Cafe

Transit (2 nearby)

  • Skytrain @ gateway stn station · 620 m · Transit
  • Bus stop westbound grosvenor rd @ howey rd · 954 m · Transit

Healthcare (1 nearby)

  • Shoppers drug mart · 677 m · Healthcare

Public Schools

Elementary
K B Woodward Elementary School
Below Average 1.06 km 3.7/10
Secondary
Kwantlen Park Secondary School
Average 1.33 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 1.76 km 8.5/10
Secondary
Honour Secondary School
2.94 km

Closest Transit

Bus Stop
Southbound King George Blvd @ 132 St
0.04 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
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

49 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $424,871
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
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
3 DOM
Listed

525 11077 Ravine Road has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 11.7% below comparable active properties in Whalley, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.9% — buyers have more leverage. With 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 V3T 0R7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 0R7, 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 (~3.9 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.

Schools NearBy

15 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

541 m

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

985 m

K B Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.7 / 10

Distance

1.06 KM

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

1.26 KM

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.7 / 10

Distance

1.33 KM

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.3 / 10

Distance

1.49 KM

Our Lady of Good Counsel

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

1.76 KM

Old Yale Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.2 / 10

Distance

1.93 KM

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

2.46 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.0 / 10

Distance

2.50 KM

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.5 / 10

Distance

2.66 KM

Prince Charles Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.76 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.87 KM

Iqra School

Independent

Grades Served

K-7

Catchment Info

—
9.2 / 10

Distance

2.88 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.94 KM

Pre-computed routes from 525 11077 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

525 11077 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 (0.04 km). Walk Score Transit rating: Excellent Transit (73/100).

Walkability & Transit Near 525 11077 Ravine Road

Walk Score Badge
Very Walkable 75

Walk Score - Very Walkable

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

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 525 11077 Ravine Road

2026 assessed value, sourced from City of Surrey open data (PID 031-673-422).
Total Assessed Value (2026)
$392,100
2026 Value Trend
Land
$294,000
Buildings
$98,100
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $294,000 $98,100 $392,100 —

Costs & calculators

Monthly cost about $1,669/month · rent estimate $1,545/month · owning nets $283/month less than renting · cash flow if rented −$263/month

Mortgage Calculator for 525 11077 Ravine Road

30-year fixed
$1,669 /month
Principal & Interest $1,511
Property Taxes $158
Maintenance fee $0

The estimated monthly cost of 525 11077 Ravine Road, Surrey is $1,669: $1,511 principal and interest with 20% down over 30 years at 4.45%, plus $158 property tax.

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

−$263 /month
Mortgage Payment $1,511
Monthly Cash Flow −$263
Break Even Down Payment 34%
Cap Rate -0.8%
Cash on Cash -4.2%

If 525 11077 Ravine Road, Surrey were rented at $1,545 a month with 5% vacancy, it would fall $263 a month short of the mortgage and carrying costs; about 34% down would break even.

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

Estateblock Rent Estimate for 525 11077 Ravine Road, Surrey

$1,545 / month
Rent $1,545
Own $1,669
Principal: $486/mo Interest, tax, insurance, fees: $1,183/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$407/mo (year 1) → ~$946/mo (year 20) → ~$1,411/mo (year 29).

Net cost to own at year 5 ~$1,183/mo About $362/mo less than renting

EstateBlock estimates 525 11077 Ravine Road, Surrey would rent for about $1,545 a month.

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.

Rent vs own: 525 11077 Ravine Road

Rent vs own

Owning nets $283/mo less than renting

With 20% down ($75,000) at 4.45%: $1,262/mo net cost to own in year 1 vs $1,545/mo rent

Principal paid off by year 5 $26,734
Principal paid off by year 10 $60,116

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 525 11077 Ravine Road, Surrey nets about $283 a month less than renting it in year 1, with $26,734 of principal paid off by year 5 and $60,116 by year 10.

Price vs Neighbourhood Average — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $375,000
Surrey Loading...
Whalley Loading...

Based on 169 comparable active apartments/condos in Whalley, the average asking price is $424,871. This listing is priced 11.7% below 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 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

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Walkability & Transit Near 525 11077 Ravine Road

Walk Score Badge
Very Walkable 75

Walk Score - Very Walkable

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

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

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