$325,000
8 1850 E SOUTHMERE CRESCENT
Beds
1
Baths
1
Sqft
—
Year
1981
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
Southmere Place, this one-bedroom condo offers a great layout and a fenced-in private patio. The unit features updated kitchen and bathroom cabinets, stainless steel appliances, fresh paint, laminate floors and crown moulding. This property is a fantastic investment opportunity or perfect for those looking to enjoy the convenient location with nearby access to transit, shopping, and top-tier schools. Includes one underground parking stall and a storage locker. (id:65958)
- Subtype
- Single Family
- Architectural style
- Other
- Structure
- Apartment
- Common interest
- Condo/Strata
- Living area
- 636 square feet
- Parking
- 1 total
- Condo/HOA fee
- $385.84 monthly
- Stories
- 3
- On market
- Mar 3, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $1,807.6 (2025)
- Photos
- 32
- MLS#
- R3095165
- Area
- SURREY
Features and systems
Parking
Basement
Appliances
Heating
Community
Pool
Utilities
Cash on cash
-7.55%
Cap rate
3.35%
GRM
16.7
Break-even rent
$2,055
Financing
Operating expenses (monthly)
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
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.