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Investment signal

$458,000

1608 10448 UNIVERSITY DRIVE

Save this home

Beds

1

Baths

1

Sqft

Year

2023

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Surrey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to University District South by BOSA Bluesky Properties! This bright 1-bedroom + den home (646 SF + 46 SF balcony) features A/C, Italian kitchen cabinetry, integrated appliances, an extendable dining table, stone countertops, and in-suite laundry. Enjoy over 23,000 SF of resort-style amenities: outdoor pool, fitness centre, yoga room, social lounge, firepit terrace, BBQ area, bike pavilion, and more. Walk to City Hall, SkyTrain, SFU, KPU, shopping, dining, and recreation. A perfect home or investment opportunity! (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
Apartment
Common interest
Condo/Strata
Living area
646 square feet
Parking
1 total
Condo/HOA fee
$404.38 monthly
On market
Feb 7, 2026
Status changed
Apr 23, 2026
Annual tax
$2,336.74 (2025)
Photos
17
MLS#
R3087642
Area
SURREY

Features and systems

Parking

UndergroundVisitor Parking

Basement

NoneUnknownUnknown

Appliances

WasherRefrigeratorDishwasherRangeDryerMicrowaveOven - Built-In

Heating

Heat PumpElectric

Cooling

Air Conditioned

Community

Pets Allowed With RestrictionsRentals Allowed

View

City view

Pool

Outdoor pool

Utilities

WaterNatural GasElectricity

Security

Smoke Detectors
Negative cash flow ~$534/mo at these assumptions

Cash on cash

-6.99%

Cap rate

3.47%

GRM

16.6

Break-even rent

$2,862

Financing

Down payment$91,600
Loan amount$366,400
Mortgage$1,856/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$210
Insurance$80
Maintenance$382
CapEx reserve$191
Vacancy loss$115

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,856/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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