5.2% price reduction

56 5839 Panorama Dr, Surrey, BC

$635,000 Est. Mortgage /mo

MLS® R3066260 · Forest Gate

2 Beds
1 Baths
1017 sqft
624 $ /sqft
275.33 $ Maint. fee
2003 built
$635,000
$670,000
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

5.2% price reduction

Welcome to Forest Gate at Panorama Village! This bright and inviting 2-bedroom, 1-bath townhome offers comfortable living in a fantastic location. The open layout features a cozy living area with plenty of natural light and a functional kitchen with ample cabinet space. Step out to your private balcony and enjoy the quiet surroundings. Everything you need is just a short walk away — shops, restaurants, parks, and great schools — making everyday living effortless. With easy access to Hwy 10 and nearby transit, getting around the city is a breeze. Set in a well-kept complex in the heart of Panorama, this home is a perfect fit for first-time buyers or anyone looking to enjoy a convenient, low-maintenance lifestyle.

General Info

Price $635,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1017
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2003
Age Of Building 23
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Maintenance Grounds, Management, Snow Removal
Building Features -
Structures Residential Attached

Additional Details

MLS® # R3066260
Building Name Forest Gate
Area Surrey
Neighbourhood Sullivan Station
City Surrey
Postal Code V3S 0P4
Price per Sqft $624
Gross Taxes $2,795.49
Ownership Type Freehold Strata
Maintenance Fee $275.33
Community Features Shopping Nearby
Amenities Nearby Maintenance Grounds, Management, Snow Removal

Heating & Cooling

Fireplace -
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Garage Single, Guest, Rear Access, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Rentals Allowed
Pet Restrictions Cats OK, Dogs OK
Rental Restrictions 100
Zoning CD
Rental Suites None
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Tile, Carpet
Foundation Concrete Perimeter
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property Timeline

Status Date Price
R3066260 / Active 11-10-2025 $635,000
Rooms
Floor Type Dimensions
Main Level Living Room 11'5 x 11'5 ft
Main Level Kitchen 11'8 x 11'8 ft
Bathrooms
Floor Ensuite Pieces
Above Level Yes #5
Listed by: eXp Realty of Canada Inc. & eXp Realty of Canada 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.

Neighborhood & Transit Info

Public Schools

Secondary
Sullivan Heights Secondary School
1.68 km
Elementary
Sullivan Elementary School
Average
0.41 km
5.9/10

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

Private Schools

Elementary, Secondary
Regent Christian Academy
Above Average
1.53 km
8.1/10
Elementary, Secondary
Regent Christian Academy
Above Average
1.53 km
8.1/10

Closest Transit

Bus Stop
Northbound 152 St @ 58A Ave
0.13 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029)
5.50 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $233
Maintenance fee 0
A 20% down payment of $127,000 on this $635,000 listing yields an estimated mortgage of $2,425/month (30-year fixed, 4%). Total estimated housing cost: $2,933/month, $233 property tax, $275 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%
With $2,419/month in estimated rental income against $2,985/month in mortgage payments, the monthly cashflow is -$566/month. A 39% down payment would reach break-even.
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 $635,000
Surrey Loading...
Sullivan Station Loading...
This $635,000 listing sits 6.8% below the Sullivan Station average of $681,333 for similar 2-bedroom Townhouses (10 active comparables). This property is flagged as a Hot Deal (5.2% price reduction) based on its competitive pricing and market demand.
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 56 5839 Panorama Drive, Surrey, BC?
The closest top-rated schools are Sullivan Heights Secondary School and Sullivan Elementary School.
Is 56 5839 Panorama Drive, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 56 5839 Panorama Drive, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $3,810.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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