Parkwoods Balsam

13507 96 Avenue, Surrey, BC
Built 1983
Lowrise
1 active

About Parkwoods Balsam

Parkwoods Balsam is a well-maintained four-storey wood-frame lowrise apartment complex located in the vibrant Whalley neighbourhood of Surrey, BC. Built in the early 1980s, this established community offers excellent value for first-time homebuyers and investors seeking affordability without compromising on location. The building features spacious one and two-bedroom units, many with in-suite laundry, gas fireplaces, and private balconies or patios that provide outdoor living space. Situated in Surrey's most walkable neighbourhood, Parkwoods Balsam places residents steps away from the King George SkyTrain Station, providing seamless transit access throughout Metro Vancouver. The location offers unparalleled convenience with Surrey Central Mall, major retailers like Walmart and T&T, schools at all levels, and Surrey Memorial Hospital within minutes. The neighbourhood is also close to SFU, recreation facilities, and diverse dining and shopping options. With affordable strata fees that typically include gas and hot water, underground parking, and dedicated storage lockers, this building represents an ideal entry point into Surrey real estate for owner-occupants and investors alike.

School Catchment

Investor Insights — Condos in Whalley

Estimated rental yields based on MLS data for condos in Whalley.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,789/mo $337,762 $344/mo 4.2%
Condo 2 $2,349/mo $473,174 $480/mo 4.0%
Condo 3 $2,786/mo $547,714 $613/mo 4.1%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

Location

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