Townhouse for Sale in Surrey, BC – Buying Guide 2025

If you’re searching for a townhouse for sale in Surrey, you’re looking in one of British Columbia’s most dynamic real estate markets. Surrey offers a wide range of townhomes – from affordable older units to spacious modern builds – making it an attractive choice for buyers.

Townhouses bridge the gap between condos and detached houses, giving you more space and often a small yard or garage, but at a lower price than a single-family home. Many buyers consider both townhouses and condos for sale in Surrey when house-hunting, since townhouses for sale in Surrey, BC generally provide better value than Vancouver’s pricier market.

Finding a Townhouse for Sale in Surrey, BC

Whether you want a starter two-bedroom or a luxury four-bedroom unit, there is a townhouse in Surrey to fit your needs. In this guide, we’ll cover Surrey townhome prices, the best neighborhoods, and even how Surrey compares to nearby areas like Calgary and Edmonton.

How Much Does a Townhouse Cost in Surrey?

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Townhouse prices in Surrey vary widely based on location, size, and age of the property. On average, Surrey townhouses typically fall between $200,000 to $1,000,000 for most resale units. The mid-range townhome (often a 3-bedroom) tends to hover around the $800,000 mark in 2025. For example, contemporary family-sized townhomes in desirable areas are often listed in the $800k–$900k range. High-end luxury townhouse for sale in Surrey (larger units in upscale neighborhoods or brand new developments) can even exceed $1 million.

That said, there are also townhouses for sale in Surrey under $600,000, which appeals to budget-conscious buyers. These are usually older townhomes or those in less central neighborhoods. In areas like Newton or Guildford, it’s possible to find 2 or 3-bedroom townhouses in the mid-$500,000s.

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In fact, the lowest prices in Surrey’s townhome market can dip further for unique cases – some listings show townhouses around $200,000–$400,000. For instance, there have been leasehold or older strata townhomes listed at $275,000 for a 3-bed unit, and even an outlier as low as $232,222 for a three-bedroom fixer-upper. Keep in mind, homes in this ultra-affordable range are rare and often come with special conditions (such as leasehold ownership or significant renovation needs). Overall, if your goal is to find a townhouse for sale in Surrey under $500,000, be prepared for limited options and competition, as these attract many first-time buyers.

Are house prices dropping in Surrey? The Surrey market in 2025 has cooled slightly compared to the peak of recent years. Higher interest rates and increased inventory have put mild downward pressure on home prices. According to provincial real estate projections, overall home prices in the Fraser Valley (which includes Surrey) might decline by around 2–4% by year-end 2025. This means buyers have a bit more negotiating power now than in the past few years. Indeed, townhomes have seen more days on market and occasional price adjustments. However, Surrey remains a high-demand area – while prices aren’t skyrocketing, well-priced townhouses still sell fairly briskly. In summary, prices are stabilizing (even dipping slightly), making it a promising time for buyers to jump into the Surrey townhouse market.

Read: House for Sale Deep Cove North Vancouver – Listings

Best Surrey Neighborhoods for Townhouses

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What is the nicest part of Surrey, BC for townhome buyers? Surrey is a large city with diverse communities, so the “best” area depends on your priorities. Here are a few standout neighborhoods and what they offer:

  • South Surrey: Often regarded as the most prestigious part of Surrey. Areas such as Elgin Chantrell, Crescent Park, and Morgan Creek in South Surrey are known for luxury properties and beautiful surroundings. A townhouse for sale in South Surrey tends to be on the higher end price-wise, but you’ll enjoy proximity to beaches (White Rock), golf courses, and top-rated schools. This area is considered one of the richest neighborhoods in Surrey, with an upscale feel and many executive-style homes.
  • Fleetwood: Located in central Surrey, Fleetwood offers a great mix of convenience and community feel. You can find modern townhome complexes here, often at moderate prices relative to South Surrey. A townhouse for sale in Fleetwood, Surrey BC is popular with families, as the area has good schools, parks, and the SkyTrain extension is planned to run through it – which will boost transit access.
  • Cloverdale/Clayton Heights: These eastern Surrey communities have seen a boom in new townhome developments. Clayton Heights, in particular, is known for its rows of newer townhouses and is ideal for first-time buyers seeking a modern look. You’ll get a new townhouse for sale in Surrey here, often with contemporary layouts and family-friendly designs. Prices are mid-range (not as high as South Surrey).
  • Guildford: A townhouse in Guildford places you near one of the largest shopping centers (Guildford Town Centre), plus easy access to Highway 1. It’s a convenient urban neighborhood with plenty of amenities. Townhomes here range from older complexes to newer builds, often appealing to young professionals.
  • Newton: If you’re looking for more affordable options, Newton is worth considering. A townhouse for sale in Surrey Newton typically comes at a lower price point than those in South Surrey or Fleetwood. Newton’s townhouses are often older (1970s-1980s built) but offer generous space. This area is very multicultural, with many schools and community centers, making it vibrant and family-friendly. You can occasionally find townhouses in Newton under $500k, which is great for budget buyers.

Each Surrey neighborhood has its own character. South Surrey and Panorama Ridge have the highest-priced real estate (and are home to many of Surrey’s ultra-wealthy residents). Meanwhile, areas like Newton or Whalley (Surrey City Centre) offer more entry-level prices and investment potential as they redevelop. It’s a good idea to explore a few neighborhoods to see which fits your lifestyle – whether you prioritize quiet, upscale living or access to transit and shopping hubs.

Townhouses for Sale in Surrey vs. Calgary and Edmonton

Image: Realtor.ca

Surrey isn’t the only hotspot for townhomes – cities like Calgary and Edmonton also have thriving townhouse markets, often at lower price points. It’s useful to compare if you’re curious about real estate in other Canadian cities (or perhaps relocating). Here’s how they stack up:

  • Calgary, AB: Calgary’s townhouses are notably more affordable on average than Surrey’s. The median sale price for a townhouse in Calgary was around $447,500 in mid-2025, roughly half of Surrey’s median price. It’s common to find a townhouse for sale in Calgary in the $300,000–$500,000 range for a modern 2-3 bedroom unit. In fact, Calgary townhomes start as low as the mid $200s for smaller or older units – for example, an older 2-bedroom townhome was listed around $254,900 recently (see image below). High-end townhouses in prime Calgary inner-city neighborhoods (e.g. trendy SW communities) can approach the $700k–$900k range, but those are usually luxury infill-style townhomes and still cheaper than Surrey’s top-tier. Overall, Calgary offers more space for your dollar, making it attractive to those who prioritize budget.

An example of an affordable Calgary townhome (2-bed, listed around $255K) – Calgary’s townhouse market offers many options under $400K, considerably lower than Surrey’s prices.

  • Edmonton, AB: Edmonton’s townhouse market is even more affordable. The average selling price of a townhouse in Edmonton was about $286,500 as of July 2025. You can frequently find townhouses for sale in Edmonton in the low $200,000s – a level virtually unheard of in Surrey. For instance, in Edmonton there are multiple townhouse listings around $220K–$250K for a 3-bedroom unit. Newer or larger Edmonton townhomes typically top out around the mid $400s. Even a spacious 4-bedroom townhome in a nice suburb of Edmonton might be listed under $450,000. The lower cost of living and land in Alberta contributes to these prices. So, if budget is the number one factor, markets like Edmonton provide entry into homeownership at a fraction of Greater Vancouver costs.

It’s worth noting that while Calgary and Edmonton are far from Surrey geographically (and in a different province), some investors keep an eye on those markets as well for diversification. But if your heart is set on a townhouse for sale in Surrey, the relatively higher price is balanced by Surrey’s strong economy, proximity to Vancouver, and mild coastal climate – things you won’t get on the Prairies.

Tips for Buying a Townhouse in Surrey

Find Your Dream Home in Surrey & Metro Vancouver
  • Work with a knowledgeable Realtor: Surrey’s real estate landscape can change quickly. A local expert can help you spot a good deal on a townhouse for sale in Surrey and guide you on the right price to offer, especially as the market stabilizes.
  • Identify your priorities: Do you need a newer build with modern amenities, or are you fine with an older townhouse that might need updates? Are schools and commute times important? Narrow down which neighborhoods align with your needs (e.g., young professionals might love City Centre, while families may prefer Fleetwood or South Surrey).
  • Budget for strata fees: Remember that townhouses (like condos) come with monthly strata/HOA fees for maintenance of common areas. These can range from a couple of hundred dollars to over $400+ per month depending on the complex amenities and age. Factor this into your affordability calculations.
  • Be ready to act: Although buyers have more leverage in 2025 than before, the best-priced townhomes – especially those under $600k – still tend to get snatched up quickly. If you see the townhouse for sale in Surrey that fits your criteria, be prepared to view it and put in an offer promptly.
  • Consider resale value: Surrey is growing fast, with improvements in transit (SkyTrain expansions) and infrastructure. Buying in an emerging neighborhood (like Clayton or Surrey City Centre) could mean your townhouse appreciates well over time. On the other hand, buying in a very crowded older complex might mean slower growth. Think about the long-term when choosing your Surrey townhome.

A modern townhouse for sale in Surrey (4 bed, 4 bath) listed at $1.088M in South Surrey. Newer townhomes with high-end finishes and more space command top dollar in Surrey’s market.

Frequently Asked Question(FAQs)

How much does a townhouse cost in Surrey?

Townhouse prices in Surrey vary from as low as $300,000–$400,000 for older or leasehold properties, up to $1 million+ for new luxury townhomes in South Surrey. The mid-range average is around $700,000–$900,000 for a 3-bedroom family unit.

What is the nicest part of Surrey, BC to buy a townhouse?

South Surrey is considered one of the most upscale areas, with beautiful surroundings and top schools. Fleetwood and Cloverdale are popular for families, while Newton and Guildford often offer more affordable townhome options.

Are house prices dropping in Surrey, BC?

Yes, the Surrey townhouse market has cooled slightly in 2025. Prices have seen small dips of 2–4% compared to previous years, giving buyers more room to negotiate. However, demand remains steady in prime neighborhoods.

What is the richest neighborhood in Surrey?

South Surrey, especially areas like Elgin Chantrell and Morgan Creek, are considered the richest neighborhoods in Surrey. Townhouses here are often larger and command higher prices.

Are Surrey townhouses a good investment?

Yes. With SkyTrain extensions, strong population growth, and proximity to Vancouver, buying a townhouse for sale in Surrey can be a smart long-term investment. Emerging areas like Clayton Heights and Surrey City Centre may offer particularly strong future appreciation.

Can I find townhouses in Surrey under $600,000?

Yes, but options are limited. Older townhomes in neighborhoods like Newton or Guildford sometimes list under $600k. These properties sell quickly, so buyers need to act fast.

What is the difference between buying a condo vs. a townhouse in Surrey?

A condo usually means an apartment unit in a larger building, while a townhouse is a multi-level home with its own entry, often including a garage or yard. Townhouses offer more space and privacy, making them ideal for families.

Conclusion

Surrey’s townhouses offer a compelling mix of affordability (relative to Vancouver), space, and community. Whether you’re eyeing a budget-friendly unit in Newton or a luxury townhome in South Surrey, the city has something for everyone. The nicest parts of Surrey like South Surrey and Panorama Ridge boast high-end townhomes for those seeking a prestige location, while family-oriented areas such as Fleetwood and Cloverdale have plenty of modern developments at mid-range prices. And with the current market leveling off, you may find it a great time to buy a townhouse in Surrey before the next upswing.

If you need guidance in finding the perfect Surrey townhome, we’re here to help. Silky Girdhar Personal Real Estate Corporation, powered by YPA Realty, has deep expertise in the Surrey, BC market. We can answer all your questions about townhouses for sale in Surrey and help you navigate the buying process with confidence. Get in touch today to turn your townhome dream into reality with an experienced Surrey real estate professional by your side.

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