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Surrey

Surrey, British Columbia, offers an appealing blend of quiet suburban living and modern comforts, creating an ideal community near Vancouver.

One of Surrey’s standout features is its tranquil suburban atmosphere, providing residents with a peaceful, family-friendly environment. Away from the hustle and bustle of the main metropolis, Surrey offers spacious neighborhoods, verdant spaces, and a more relaxed pace of life.

With accessibility to Vancouver, a family-friendly community vibe, and a more affordable real estate market, Surrey stands out as one of the best communities near Vancouver, offering residents the opportunity to enjoy the best of both worlds.

Read on to learn more about homes for sale in Surrey, BC.


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Table of Content

AT A GLANCE: SURREY, BC

Surrey, located just 23 kilometers from Vancouver Center and covering 316.11 square kilometers, is the second-largest city in the region based on population. With consistently pleasant weather, verdant forests, and well-maintained beaches, the city is an emerging ecotourism destination, promising exciting adventures and outdoor opportunities for tourists, travelers, and residents alike.

With a population of 568,322 as of 2021, Surrey comprises six distinct communities: Cloverdale, Fleetwood, Guildford, Newton, South Surrey, and Whalley (City Centre). These communities create a modern, progressive, and multicultural environment that warmly welcomes a diverse population.

Surrey is an attractive destination for younger, global talent due to the abundance of job opportunities. The city is poised to become the second-largest employment hub after Vancouver.

In response to Surrey’s flourishing status and substantial growth in recent years, the local government is expeditiously advancing initiatives to expand its transportation systems. This includes the development of the SkyTrain Expo line and light rail systems, strategically connecting Surrey to major cities like Vancouver and Seattle. This forward-thinking approach reflects Surrey’s commitment to becoming a thriving and accessible urban center.

BRIEF HISTORY

Established in 1879, the city of Surrey derives its name from its English namesake county. Prior to its establishment, the land was inhabited by indigenous groups, including the Samiahmoo, Katzie, and Kwantlen peoples.

It was H.J. Brewer, an Englishman, who, upon discovering the land, played a pivotal role in establishing a settlement. The initial areas to be populated were Cloverdale and South Surrey, with North Surrey neighborhoods following suit in the 1950s. The city experienced significant expansion in 1937 with the construction of the Pattullo Bridge. Notably, Surrey attained official recognition as a city in 1993.

WHAT SURREY, BC IS KNOWN FOR

Surrey is recognized as the burgeoning sibling city of Vancouver. Farming continues to play a significant role in the economy, with one-third of the land dedicated to agriculture. However, key industries such as health/ healthcare, manufacturing, supply chain, education, and clean energy have been driving Surrey’s economy to rapid expansion.

In addition, the city offers seamless accessibility to Vancouver, further attracting new residents.
This proximity ensures locals can easily access Vancouver’s vibrant cultural scene, diverse dining options, and employment opportunities

With its expanding population, the demand for properties for sale in Surrey, BC has been seeing a gradual rise, positioning the city as one of the premier areas for investment.

BASIC FACTS

Surrey, characterized by its diversity and continuous growth, boasts a population of over 568,000 residents according to the 2021 Census, constituting 11% of British Columbia’s population of approximately 4.6 million.

The city is a rich cultural tapestry, with Punjabi being spoken by 20.5% of the population, and is the third most widely spoken language next to French and English. Additionally, Surrey is home to growing communities of Chinese, Indian, Filipino, and Korean residents, contributing to its vibrant and multicultural atmosphere.

HOMES FOR SALE IN SURREY, BC

Surrey’s real estate market offers a more cost-effective alternative to Vancouver without compromising on the quality of life. With relatively lower home prices compared to Vancouver, the city is an attractive prospect for individuals and families looking to invest in a property without breaking the bank.

You’ll find a diverse range of properties for sale in Surrey, BC. From condos suitable for professionals, students, couples, and small families to more spacious apartments, single-detached homes, and townhouses, Surrey accommodates a variety of lifestyles. And with leasing and rental rates notably lower than those in Vancouver, the market for rental homes for sale in Surrey, BC is highly competitive.

The majority of the population resides in single-detached homes, with apartments/flats in duplexes and apartments in mid-rise buildings (fewer than 5 storeys) being the next popular choices.

Surrey, BC real estate also offers other housing options such as semi-detached homes, row houses, apartments in high-rise buildings, and mobile homes, ensuring a wide range of choices to meet various preferences and needs in the housing market.

SURREY, BC REAL ESTATE: WHICH AREA IS THE BEST?

Surrey is rapidly gaining recognition as a premier community, drawing a multicultural population seeking its small-town, laid-back lifestyle with convenient accessibility to the greater Vancouver area. As a large city, Surrey comprises six distinct neighborhoods.

Let’s delve into the characteristics of these individual communities and learn more about these prime Surrey, BC real estate markets:

Cloverdale

Situated on the central-east side of Surrey, Cloverdale stands as one of the earliest communities to thrive since Surrey’s establishment in 1870. Originally a farming community, Cloverdale has transformed into a vibrant commercial hub over the years. This evolution is evident in the neighborhood’s architecture, featuring a blend of historic and modern structures. Recognized as a cherished historic hub, Cloverdale boasts numerous heritage sites. Families, particularly those with young children, appreciate living in Cloverdale due to its abundance of parks, schools, and recreation centers.

Fleetwood

In this premier residential neighborhood, residents can appreciate beautifully manicured homes and tranquil cul-de-sacs. It stands as the ideal home for young professionals and individuals prioritizing family life, offering the comforts of modern living with a suburban charm. With commuter-friendly features such as the Fraser Highway passing through the town, it has become a preferred location for working professionals. The neighborhood is rapidly becoming one of the fastest-growing areas, attracting a considerable influx of residents.

Cloverdale boasts over 25 parks, providing endless recreational activities and sports facilities, including the Surrey Sports and Leisure Complex. Among the notable attractions is Fleetwood Gardens, known for its winding labyrinth, and the iconic statue of Lance Corporal Arthur Thomas Fleetwood.

Guildford

Situated at the northern part of Surrey, Guildford is acclaimed as the ultimate shopper’s haven in the region. Central to its appeal is the Guildford Town Centre, a retail paradise boasting 200 boutiques, making it the second-largest shopping center in the country. Residents and visitors alike can revel in a delightful shopping experience, dine at various eateries, and indulge in retail therapy.

In addition to its bustling commercial scene, Guildford offers the serenity of Tynehead Regional Park. This natural oasis provides a welcome contrast to the vibrant shopping atmosphere, allowing residents and visitors to enjoy outdoor activities and the beauty of nature.

Newton

Newton, a vibrant community within Surrey, possesses a distinctive personality and culture, largely influenced by its primarily South Asian population. This cultural hub is renowned for its numerous shopping centers and diverse dining options, offering a delightful array of international cuisine. Notable sites include the local Punjabi Market and Payal Plaza, both bustling centers of activity. The Bell Performing Arts Centre and the New Cultural Center contribute to the cultural richness of the community.

An unmissable event in Newton is the annual Vaisakhi parade, one of the largest celebrations outside of India, attracting over 200,000 people each year. This vibrant event showcases the cultural diversity and vitality of the community, making Newton a dynamic and culturally significant part of Surrey.

Whalley/ City Centre in North Surrey

The North Surrey neighborhood is renowned for its distinguished research and educational institutions, complemented by award-winning architecture. Among the iconic structures are the City Centre Library and Simon Fraser University, the latter occupying a vast 200,000 sq ft building featuring a performing arts venue and plaza.

Noteworthy in North Surrey is the Central City Brewery and Distillery, acclaimed for its Red Racer beer. Local attractions further enrich the community, including the Surrey Urban Farmers Market and Holland Park, a venue hosting numerous international concerts and events.
Whalley/City Centre stands out as the most populated among town centers, accessible via the Skytrain. This efficient transportation link connects Surrey to Vancouver, New Westminster, and Burnaby, adding to the dynamic and accessible nature of this bustling neighborhood.

South Surrey

South Surrey, an artist’s haven, stands out as an inspiring neighborhood characterized by a stunning grove of Redwood trees. Beyond lush forests, the area offers expansive golf courses and gardens that provide breathtaking views of the mountain range. The picturesque neighborhood also includes Crescent Beach, a beloved destination for families and residents, renowned for its charming promenade and enjoyable water activities.

Notably, this neighborhood is the preferred address for many retirees who constitute the majority of the population. Many properties for sale in Surrey, BC are ideal not only for retirement but rental investment. South Surrey’s tranquil ambiance, coupled with its natural beauty, makes it an ideal choice for those seeking a serene and picturesque retreat.

TYPES OF PROPERTIES FOR SALE IN SURREY, BC

Whether you desire a home by the beach, overlooking tranquil parks, nestled by the majestic mountain range, or close to thriving urban centers, Surrey caters to various preferences.

The fastest-growing neighborhoods for both houses and condos include Hazelmere in South Surrey, North Grandview Heights, Morgan Heights, Rosemary Heights Central, and Newton. In terms of sales, Fleetwood, Newton, East Clayton, Sunnyside, and Southwestminister rank among the most popular neighborhoods.

For those seeking more upscale living, the most expensive neighborhoods are North Grandview Heights, East Clayton North, Port Kells, Hazelmere, and Panorama Bridge.

Surrey properties are thoughtfully designed to enhance family life, often featuring open floor plans that provide generous spaces for backyard enjoyment and accommodation for pets. The focus on creating family-friendly environments reflects the community’s commitment to offering comfortable and functional living spaces that cater to the diverse needs of families.

LIVING YOUR BEST LIFE IN SURREY, BRITISH COLUMBIA

Climate

The climate in Surrey is generally very pleasant, characterized by moderate temperatures that allow residents to experience all four seasons. Winters are marked by rain and average temperatures of around 5 degrees Celsius, with no significant snowfall. Springs are bright and occasionally wet, while summers are sunny with temperatures averaging around 22 degrees Celsius. Autumns in Surrey are cool, contributing to a diverse and enjoyable seasonal experience for residents throughout the year.

Getting around

Surrey’s strategic location makes it conveniently accessible to Metro Vancouver, facilitated by a well-established transportation system. Residents commonly utilize Highway 1 by car to reach Vancouver and nearby cities to the east. Navigating within the town is seamless with the presence of Highways 15, 17, 99, and Fraser Highway.

Public transit options include the SkyTrain Expo Line, connecting Surrey to Vancouver. However, the primary mode of transportation for the majority of commuters is the extensive bus network. Surrey boasts over 1,300 bus stops, ensuring efficient and widespread service for the public, contributing to the town’s well-connected and accessible transportation infrastructure.

Dining

For those unfamiliar with Surrey, the exceptional variety of cuisine available may come as a surprise. The town hosts a diverse array of restaurants catering to international palates, from Jamaican and Indian to Chinese, Korean, and Filipino. Here are some excellent choices for those days when you’d like to try something new:

Shopping

The fashion-forward community in Surrey has much to celebrate, as the city boasts a diverse array of shopping destinations, blending exciting boutiques with expansive malls that showcase both global brands and local favorites.

Make sure not to miss these shopper’s havens:

Outdoor Recreation

Many nature enthusiasts find Surrey to be their ultimate destination, as the city proudly holds the title of the “City of Parks.” With an impressive 600 parks and 277 nature trails, Surrey offers a haven for outdoor enthusiasts, providing exciting opportunities for activities such as bird watching, nature hikes, biking, and more.

For tourists and travelers seeking stunning beaches, a visit to South Surrey is highly recommended. Choose from the exceptional Crescent Beach, White Rock Beach, or Centennial Beach, all offering relaxing respites for swimming and enjoyable days in the sun.

For families looking for a fun day out, Darts Hill Garden and the Historic Stewart Farm are must-visit attractions. Whether exploring parks, trails, or enjoying a day by the beach, Surrey stands out as a prime destination for those reveling in nature’s most beautiful scenes.

Entertainment

Surrey boasts a passionate community of sports fans, even without a home team to rally behind. The city’s residents are enthusiastic and supportive of various sports, with a particular fervor for cricket. Join fellow fans to watch your favorite games at popular sports venues and concert locations such as The Roxy, The Cobalt, River Rock Casino Resort, and the Centennial Theater.

Local Festivals and Events

Indeed, every corner of Surrey offers a unique and enriching experience that can be joyfully explored solo. However, for those seeking to truly immerse themselves in the vibrant spirit of the community, joining one of Surrey’s special events and festivals is highly recommended. These gatherings provide an opportunity to connect with the local culture, celebrate diversity, and engage in the lively festivities that make Surrey a dynamic and welcoming place for residents and visitors alike.

Events you simply have to experience include:

NOTICE TO NON-RESIDENT BUYERS AND SELLERS OF REAL ESTATE

If you’re in the market for homes for sale in Surrey, BC, it’s important to work with a reputable Surrey, BC real realtor to help you navigate the real estate scene, including the legal issues that come with a transaction.

In particular, if you’re a non-Canadian looking to buy a property in the country, the country’s Foreign Buyer Ban limits the type of real estate transactions you can engage in. The law was made effective on January 1, 2023 and will expire in January, 2027. It prohibits foreign corporations and individuals from purchasing residential real estate within census agglomerations or metropolitan areas, affecting municipalities with populations over 10,000.

There are exemptions, however. Foreign nationals may still purchase residential properties in Canada if they meet certain criteria, including the following:

Foreigners who want to buy property in Canada within the ban’s enforcement period must present documents to prove they qualify for the exemptions.

FIND THE PERFECT HOME OR INVESTMENT PROPERTY IN SURREY

Let our team of highly experienced realtors assist you in sorting through your options of premier homes for sale in Surrey, BC, including single detached homes, condos, townhouses, and more! Led by Don Munro, the team has over 40 years of collective experience and indepth market knowledge to help you find the best value-for-money real estate investments that align with your budget and preferences.

Get in touch with our team today at 604.817.7338 or send an email here to learn more about how we can help you have a seamless real estate experience in Surrey or the surrounding areas.



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