501 10899 University Dr, Surrey, BC

$459,000
Est. Mortgage /mo

MLS# R3078291 · The Observatory

1 Beds
1 Baths
722 sqft
636 $ /sqft
371.6 $ Maint. fee
1995 built
$459,000
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

The Observatory is a 22-storey concrete building ideally located 2 min walk near SkyTrain, shopping, schools, universities, community centre, and amenities, featuring this spacious 1 bedroom, 1 bathroom condo with 722 sq. ft. of living space plus a private covered balcony. The functional layout offers a kitchen, open living and dining areas, a good-sized bedroom, and a full bathroom with in-suite laundry. This pet-friendly strata allows two dogs, two cats, or one of each (breed restrictions apply), with strata fees of approximately $375/month including hot water and gas. Additional features include a gas fireplace, one secure underground parking stall, one storage locker, visitor parking, and excellent renovation potential.

General Info

Price $459,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 722
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement 0
Basement Features None

Property Metrics

Year Built 1995
Age Of Building 31
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3078291
Building Name The Observatory
Area North Surrey
Neighbourhood Whalley
City Surrey
Postal Code V3T 5V2
Price per Sqft -
Gross Taxes $1,868.82
Ownership Type Freehold Strata
Maintenance Fee $371.6
Community Features Gated
Amenities Nearby Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities

Heating & Cooling

Fireplace 1
Heating Type Baseboard

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Guest, Front Access
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 Restrictions 100
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Elevator, Storage
Locker -
View 1
View Description Partial Mountains
Units In Development 127
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Property Timeline

Status Date Price
R3078291 / Active 01-12-2026 $459,000
R2809408 / Sold 10-03-2023 $414,900
Rooms
Floor Type Dimensions
Main Level Foyer 9'2 x 9'2 ft
Main Level Kitchen 9'2 x 9'2 ft
Main Level Dining Room 12'1 x 12'1 ft
Main Level Living Room 13'2 x 13'2 ft
Main Level Primary Bedroom 11'2 x 11'2 ft
Main Level Patio 11'4 x 11'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Listed by: Royal LePage Global Force Realty

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.

Neighborhood & Transit Info

Public Schools

Elementary
K B Woodward Elementary School
Average
0.74 km
5.5/10
Secondary
Kwantlen Park Secondary School
0.93 km

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
1.29 km
9.7/10
Elementary, Secondary
Khalsa School (Surrey)
2.08 km

Closest Transit

Bus Stop
Gateway Station @ Bay 1
0.09 km
Skytrain
Skytrain @ Gateway Stn
0.10 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $156
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $2,281/month in total housing costs on this $459,000 property — $1,753 mortgage payment, $156 property tax, $372 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Based on $1,891/month estimated rent and $2,334/month in total housing costs, this property has a -$443/month cashflow. Break-even down payment: approximately 41%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $459,000
Surrey Loading...
Whalley Loading...
Among 18 similar active listings in Whalley, the average price is $372,239. At $459,000, this listing is priced 23.3% above the local average and 17.6% above the city-wide benchmark.
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 501 10899 University Drive, Surrey, BC?
The closest top-rated schools are K B Woodward Elementary School and Kwantlen Park Secondary School.
Is 501 10899 University Drive, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 501 10899 University Drive, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $2,754.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $3,664
0 of 17 missions

Sign up on Estateblock.com

$183 / 5%

Buy with us & save on this property

Similar Condos for Sale in Whalley

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent