Surrey BC Real Estate 2025 — Buying Guide

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BC's second-largest city — neighbourhood guide, market overview and PTT calculator

Surrey is BC's second-largest city and one of Canada's fastest-growing, with a population over 600,000. Surrey offers relative affordability, rapid transit expansion (SkyTrain Surrey-Langley extension), and diverse neighbourhoods from the urban City Centre to quiet Cloverdale. It's a top destination for first-time buyers priced out of Vancouver, and a rising city in its own right with a new downtown, SFU Surrey, and a booming South Asian cultural scene.

2025 Surrey Market Overview

Property TypePrice Range (2025)Notes
City Centre condos$450,000–$750,000Urban core, SkyTrain access, high density
Newton/Fleetwood detached$1.0M–$1.6MEstablished family neighbourhoods
South Surrey/White Rock$1.2M–$2.5M+Upscale, ocean views, retiree market
Cloverdale detached$900,000–$1.4MSmall-town feel, good schools
New City Centre condos (pre-sale)$500,000–$850,000SkyTrain, SFU Surrey, young demographic

Best Surrey Neighbourhoods

BC PTT Calculator — Surrey

Property Transfer Tax Calculator

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Surrey Buyer Tips

SkyTrain Surrey-Langley extension: Properties within 800m of new SkyTrain stations (opening ~2028) along the Fleetwood and Clayton corridors are likely to appreciate. Buy before station areas become fully priced in.
New build FTB exemptions: Many Surrey City Centre condos sell in the $500K–$835K range, qualifying first-time buyers for partial or full PTT new build exemptions — some of the best FTB value in Metro Vancouver.
Foreign Buyer Tax applies: Surrey is within the Metro Vancouver Regional District, so BC's 20% Additional Property Transfer Tax applies to foreign buyers. Add this to your PTT estimate above if applicable.
South Surrey school catchments: The Earl Marriott and Semiahmoo secondary catchments in South Surrey/White Rock are among BC's most sought-after, adding a premium to detached homes in the zone.

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