Home Surrey, BC Sullivan Station Forest Gate 55 5839 Panorama Drive

55 5839 Panorama Dr, Surrey BC - Townhouse for Sale - MLS# R3148929

46 days on the market

$624,900

Est. Mortgage $2,765/mo

Listing updated: Aug 17, 2026 at 11:06am

EstateBlock checked: Sep 5, 2026 at 10:30pm

Forest Gate

2 Beds

1 Baths

1011 sqft

618 $ /sqft

300.49 $ Maint. fee

2003 built

46 days on the market

$624,900

Est. $2,765/mo with 20% down

Listing updated: Aug 17, 2026 at 11:06am

EstateBlock checked: Sep 5, 2026 at 10:30pm

Photos

Exterior Front Photo of 55 5839 Panorama Drive, Surrey, BC

Exterior Rear Photo of 55 5839 Panorama Drive, Surrey, BC

Living Room Photo of 55 5839 Panorama Drive, Surrey, BC

Family Room Photo of 55 5839 Panorama Drive, Surrey, BC

Dining Area Photo of 55 5839 Panorama Drive, Surrey, BC

Kitchen Photo of 55 5839 Panorama Drive, Surrey, BC

Kitchen Island Photo of 55 5839 Panorama Drive, Surrey, BC

Pantry Photo of 55 5839 Panorama Drive, Surrey, BC

Breakfast Nook Photo of 55 5839 Panorama Drive, Surrey, BC

Primary Bedroom Photo of 55 5839 Panorama Drive, Surrey, BC

Don’t miss this beautifully desired townhome located in Central Panorama Village! With shopping, restaurants and public transit nearby – this townhome will have you perfectly situated in the prestigious Forest Gate Community! This 2-bedroom corner unit offers exceptional natural lighting with a functional open floor concept. Experience a fresh and bright kitchen along with modern appliances. For those who love to entertain this space is perfect! Cozy up next to your shiplap fireplace featured in your living room or find tranquility in your spacious master bedroom with ensuite bath. This home has it all! Have peace of mind knowing the washer/dryer and hot water tank are only a few years old.

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Fireplace	1
Heating Type	Baseboard
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Roof	Asphalt
Structures	Residential Attached

Building Details

Price	$624,900
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	1011
Year Built	2003
Age Of Building	23
Building Type	Townhouse
Property Type	Residential
Stories	3
Building Amenities	Trash, Maintenance Grounds
Building Name	Forest Gate
Ownership Type	Freehold Strata
Maintenance Fee	$300.49
Amenities Nearby	Trash, Maintenance Grounds
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Yes With Restrictions

Lot & Land

Lot Size Depth	Feet
MLS^® #	R3148929
Area	Surrey
Neighbourhood	Sullivan Station
City	Surrey
Postal Code	V3S 0P4
Gross Taxes	$2,841.47
Zoning	MF

Property Timeline

Status	Date	Price
R3148929 / Active	07-22-2026	$624,900
to view full Property History (4 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Kitchen	14' x 14' ft
Main Level	Dining Room	10'8 x 10'8 ft
Main Level	Living Room	10'8 x 10'8 ft
Abv Main 2	Primary Bedroom	11'9 x 11'9 ft
Abv Main 2	Bedroom	10'8 x 10'8 ft

Bathrooms

Floor	Ensuite	Pieces
Above Level	Yes	#3

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
Sullivan Elementary School: Average 0.43 km 5.2/10
Secondary
Sullivan Heights Secondary School: Average 1.7 km 6.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary,Secondary
Regent Christian Online Academy: Above Average 1.53 km 8.2/10
Elementary,Secondary
Regent Christian Online Academy: Above Average 1.53 km 8.2/10

Closest Transit

Bus Stop
Northbound 152 St @ 58A Ave: 0.12 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029): 5.52 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Average 29.7%
No Certificate/Degree: Below Average 11%
Owner Occupied: Above Average 86.5%
Employment Rate: Above Average 72.3%

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

49 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $634,898

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 5.52 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 SULLIVAN STATION compares

This property

46 DOM

Listed

Sullivan Station avg

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Surrey avg

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55 5839 Panorama Drive has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 1.6% below comparable active properties in Sullivan Station, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3S 0P4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 0P4, 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 (BC ENV 2024). Nearest station: Surrey East, Surrey (~8.3 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 (25 nearby)

Bmo · 298 m · Bank
Panorama village · 379 m · Post Office
Shoppers drug mart · 392 m · Pharmacy

Restaurants (17 nearby)

Pizza pizza · 235 m · Fast Food
Twisted indian · 238 m · Restaurant
White spot · 322 m · Restaurant

Cafes (4 nearby)

Boba boy · 373 m · Cafe
Starbucks · 421 m · Cafe
West village cafe · 472 m · Cafe

Healthcare (3 nearby)

Shoppers drug mart · 392 m · Healthcare
Pharmasave · 484 m · Healthcare
Pharmacity drugstore · 625 m · Healthcare

Groceries (2 nearby)

Cobs bread · 233 m · Bakery
Fresh street market · 379 m · Supermarket

Transit (1 nearby)

Bus stop southbound 152 st @ 62a ave · 862 m · Transit

Schools NearBy

11 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Sullivan Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.2 / 10	Distance 426 m
Cambridge Elementary School	Public	Grades Served K-7	Catchment Info —	4.9 / 10	Distance 663 m
Goldstone Park Elementary School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 1.48 KM
Regent Christian Online Academy	Independent	Grades Served —	Catchment Info —	5.7 / 10	Distance 1.53 KM
Regent Christian Academy	Independent	Grades Served K-12	Catchment Info —	7.6 / 10	Distance 1.55 KM
Sullivan Heights Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	6.5 / 10	Distance 1.70 KM
Woodward Hill Elementary School	Public	Grades Served K-7	Catchment Info —	4.7 / 10	Distance 1.92 KM
McLeod Road Traditional School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.20 KM
T E Scott Elementary School	Public	Grades Served K-7	Catchment Info —	4.6 / 10	Distance 2.64 KM
A J McLellan Elementary	Public	Grades Served —	Catchment Info —	4.0 / 10	Distance 2.89 KM
Hyland Elementary School	Public	Grades Served K-7	Catchment Info —	5.0 / 10	Distance 2.94 KM

Walkability & Transit Near 55 5839 Panorama Drive

Car-Dependent 72

Walk Score - Very Walkable

Most errands can be accomplished on foot

Some Transit 41

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 59

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 55 5839 Panorama Drive

2026 assessed value, sourced from City of Surrey open data (PID 025-612-107).

Total Assessed Value (2026)

$604,000

2026 Value Trend

Land

$466,000

Buildings

$138,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$466,000	$138,000	$604,000	—

Mortgage Calculator for 55 5839 Panorama Drive

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $237

Maintenance fee 300.49

With a 20% down payment, buyers can expect an estimated $2,924/month in total housing costs on this $624,900 property — $2,387 mortgage payment, $237 property tax, $300 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

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $2,262/month estimated rent and $2,975/month in total housing costs, this property has a -$714/month cashflow. Break-even down payment: approximately 44%.

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

Estateblock Rent Estimate for 55 5839 Panorama Drive, Surrey

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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.