705 10523 University Dr, Surrey BC V3T 5T8 – Condo for Sale – MLS® R3158908

705 10523 University Drive, Surrey, British Columbia V3T 5T8

81 days on the market
$479,000
Est. monthly cost $2,505/mo
Updated with MLS® -
2 Beds
1 Baths
707 sqft
678 $ /sqft
404.32 $ Maint. fee
1994 built
81 days on the market
$479,000
$488,000
Est. $2,505/mo with 20% down
Updated with MLS® -

Property Details for 705 10523 University Drive

Getting a 2 bedroom for the price of 1 bedroom, this must be the best value in all of Surrey Central! Experience vibrant downtown Surrey Central living in this fully renovated 2-bedroom, 1-bathroom corner unit featuring a spacious wrap-around balcony with stunning city views. Enjoy convenient access to SkyTrain, SFU Surrey Campus, shopping, dining, and everyday amenities. A well-managed strata adds peace of mind, making this an excellent opportunity for homeowners or investors. Don’t miss your chance to see this stylish urban retreat. 1 Parking and 1 Storage Locker. Open House Saturday Sept 12th 2-4pm.

Building Details

Price $479,000
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 707
Year Built 1994
Age Of Building 32
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Hot Water, Recreation Facilities, Snow Removal
Ownership Type Freehold Strata
Maintenance Fee $404.32
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Sauna/Steam Room, Caretaker, Maintenance Grounds, Hot Water, Recreation Facilities, Snow Removal
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Side Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Cats OK, Dogs OK, Number Limit (One), Yes With Restrictions
Rental Restrictions 1
Rental Suites None

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Storage
Fireplace 0
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description SOUTH ACROSS PARK
Roof Metal, Torch-On
Structures Multi Family, Residential Attached

Lot & Land

Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3158908
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 5T8
Gross Taxes $2,057.3
Zoning CD

Property Timeline

Status Date Price
R3158908 / Active 08-25-2026 $479,000
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 12'2 x 12'2 ft
Main Level Kitchen 9'0 x 9'0 ft
Main Level Primary Bedroom 9'4 x 9'4 ft
Main Level Bedroom 12'2 x 12'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: 1NE Collective Realty Inc.

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: Grandview Court

10523 134 Street, Whalley, Surrey

Grandview Court building details

Building

Built
1995
Homes
194
Construction
Concrete Frame, Concrete
Title
Freehold Strata
Strata plan
LMS1328
Managed by
Dorset Realty Group
Parking
Visitor Parking, Garage: Underground
Lockers
Limited
Strata fee covers
Recreation FacilityManagementHot WaterGardeningGarbage PickupCaretaker

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Grandview Court

For sale
3
Median ask
$479K
Median $/sqft
$674
Days on market
142
Sold, past year
2
This home

$678/sqft, in line with the building median of $674.

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

Map, sell speed & climate

SkyTrain 0.59 km · Kwantlen Park Secondary School 5.7/10 · 0.48 km · crime average · sell-speed score 24/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Shopping (78 nearby)

  • Uptown fade · 263 m · Hairdresser
  • Island vibes · 383 m · Hairdresser
  • Sharons credit union · 430 m · Bank

Restaurants (58 nearby)

  • Kokoro japanese ramen house · 212 m · Restaurant
  • Big star sandwich co. · 246 m · Fast Food
  • D-plus curry house · 410 m · Restaurant

Groceries (19 nearby)

  • Union latino's food · 394 m · Supermarket
  • Circle k · 471 m · Convenience
  • Gg's african caribbean market · 478 m · Supermarket

Cafes (19 nearby)

  • Take five café · 324 m · Cafe
  • Huyen cafe · 365 m · Cafe
  • Prado cafe · 388 m · Cafe

Healthcare (5 nearby)

  • Gain pharmacy · 518 m · Healthcare
  • Pharmasave · 603 m · Healthcare
  • Shoppers drug mart · 633 m · Healthcare

Transit (3 nearby)

  • Skytrain @ surrey central stn station · 589 m · Transit
  • Skytrain @ gateway stn station · 617 m · Transit
  • Bus stop eastbound 104 ave @ whalley blvd · 790 m · Transit

Parks & Recreation (1 nearby)

  • Play central · 921 m · Playground

Public Schools

Elementary
K B Woodward Elementary School
Below Average 0.56 km 3.7/10
Secondary
Kwantlen Park Secondary School
Average 0.48 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 1.06 km 8.5/10
Secondary
Honour Secondary School
2.76 km

Closest Transit

Bus Stop
Southbound University Dr @ 105A Ave
0.04 km
Skytrain
Skytrain @ Surrey Central Stn
0.59 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 26.2%
No Certificate/Degree
Above Average 15.7%
Owner Occupied
Above Average 85.8%
Employment Rate
Average 56.3%

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

24 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $365,000
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.59 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
81 DOM
Listed

705 10523 University Drive has a sell-speed score of 24/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 31.2% 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 2148 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3T 5T8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3T 5T8, 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 (~4.9 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

26 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Kwantlen Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.7 / 10

Distance

478 m

K B Woodward Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.7 / 10

Distance

564 m

Old Yale Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.2 / 10

Distance

841 m

City Central Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.0 / 10

Distance

927 m

Our Lady of Good Counsel

Independent

Grades Served

K-7

Catchment Info

—
8.5 / 10

Distance

1.06 KM

Forsyth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.3 / 10

Distance

1.15 KM

James Ardiel Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

1.66 KM

Surrey Traditional School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

1.90 KM

Lena Shaw Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.98 KM

Prince Charles Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.14 KM

Mary Jane Shannon Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

2.14 KM

Continuing Ed SD36 (Queen Elizabeth)

Public

Grades Served

—

Catchment Info

—
3.1 / 10

Distance

2.23 KM

Queen Elizabeth Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.4 / 10

Distance

2.25 KM

Guildford Park Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.5 / 10

Distance

2.37 KM

Betty Huff Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.4 / 10

Distance

2.39 KM

Cedar Hills Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.3 / 10

Distance

2.52 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.0 / 10

Distance

2.55 KM

Simon Cunningham Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.1 / 10

Distance

2.64 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.76 KM

North Surrey Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.2 / 10

Distance

2.78 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.1 / 10

Distance

2.80 KM

SD 36 Alternate North Surrey LC

Public

Grades Served

—

Catchment Info

—
6.3 / 10

Distance

2.86 KM

Education Services (Alternate)

Public

Grades Served

—

Catchment Info

—
3.8 / 10

Distance

2.86 KM

Senator Reid Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.88 KM

David Brankin Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.94 KM

Cindrich Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.2 / 10

Distance

2.95 KM

Pre-computed routes from 705 10523 University Dr, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via Surrey Central → Waterfront
    48 min
  • Metrotown, Burnaby via Surrey Central → Metrotown
    30 min
  • SFU Burnaby via Surrey Central → Production Way
    28 min
  • Richmond Centre via Surrey Central → Brighouse
    73 min
  • YVR Airport via Surrey Central → YVR-Airport
    74 min

By car (off-peak)

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

Calculate your commute

705 10523 University Dr, Surrey, BC is ideally located for commuters. The property is 0.6 km from Surrey Central, with a 48 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound University Dr @ 105A Ave (0.04 km). Walk Score Transit rating: Excellent Transit (88/100).

Walkability & Transit Near 705 10523 University Drive

Walk Score Badge
Very Walkable 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 88

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 81

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 705 10523 University Drive

2026 assessed value, sourced from City of Surrey open data (PID 018-935-541).
Total Assessed Value (2026)
$426,000
2026 Value Trend
Land
$282,000
Buildings
$144,000
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $282,000 $144,000 $426,000 —

Costs & calculators

Monthly cost about $2,505/month · rent estimate $1,973/month · owning catches up with renting by year 3 · cash flow if rented −$686/month

Mortgage Calculator for 705 10523 University Drive

30-year fixed
$2,505 /month
Principal & Interest $1,930
Property Taxes $171
Maintenance fee $404

The estimated monthly cost of 705 10523 University Drive, Surrey is $2,505: $1,930 principal and interest with 20% down over 30 years at 4.45%, plus $171 property tax and $404 strata 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

−$686 /month
Mortgage Payment $1,930
Monthly Cash Flow −$686
Break Even Down Payment 49%
Cap Rate -1.7%
Cash on Cash -8.6%

If 705 10523 University Drive, Surrey were rented at $1,973 a month with 5% vacancy, it would fall $686 a month short of the mortgage and carrying costs; about 49% 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 705 10523 University Drive, Surrey

$1,973 / month
Rent $1,973
Own $2,505
Principal: $621/mo Interest, tax, insurance, fees: $1,884/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$520/mo (year 1) → ~$1,209/mo (year 20) → ~$1,803/mo (year 29).

Net cost to own at year 5 ~$1,884/mo About $89/mo less than renting

EstateBlock estimates 705 10523 University Drive, Surrey would rent for about $1,973 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: 705 10523 University Drive

Rent vs own

Owning catches up by year 3

With 20% down ($95,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $34,148
Principal paid off by year 10 $76,788

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.

Renting 705 10523 University Drive, Surrey is cheaper at first, but owning catches up by year 3, with $34,148 of principal paid off by year 5 and $76,788 by year 10.

Price vs Neighbourhood Average — Whalley, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $479,000
Surrey Loading...
Whalley Loading...

Based on 5 comparable active apartments/condos in Whalley, the average asking price is $365,000. This listing is priced 31.2% above 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 705 10523 University Drive

Walk Score Badge
Very Walkable 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Excellent Transit 88

Transit Score - Excellent Transit

Transit is convenient for most trips
Bike Score Badge
Very Bikeable 81

Bike Score - Very Bikeable

Biking is convenient for most trips

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