42 5839 Panorama Dr, Surrey BC - Townhouse for Sale - MLS# R3133048

$715,000
Est. Mortgage $3,163/mo
Forest Gate
3 Beds
3 Baths
1390 sqft
514 $ /sqft
390.98 $ Maint. fee
2003 built
$715,000
Est. $3,163/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 42 5839 Panorama Drive

RENOVATED. WALKOUT TO FULLY FENCED YARD. BATHROOM ON THE MAIN FLOOR. This bright 3 bedroom corner unit has been beautifully updated with newer flooring throughout, newer appliances, & a fully renovated kitchen, making it truly move-in ready. What truly sets this home apart is one of the largest fenced yards in the complex, offering rare outdoor space for a townhouse. With direct walk-out access from the KITCHEN the backyard feels like a natural extension of your living space--perfect for pets, gardening, relaxing, or entertaining in your own private garden retreat. The open and functional layout includes a sought after powder room on the main floor. All of this within walking distance to shopping, schools, the YMCA, & transit for ultimate convenience.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Pantry, Central Vacuum
Fireplace 0
Heating Type Baseboard, Electric
Laundry In Unit
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Attached

Building Details

Price $715,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1390
Year Built 2003
Age Of Building 23
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Building Amenities Trash, Maintenance Grounds, Management, Snow Removal
Building Name Forest Gate
Ownership Type Freehold Strata
Maintenance Fee $390.98
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Snow Removal
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Tandem, Guest, Front Access, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns
Pet Restrictions Yes With Restrictions
Rental Restrictions 100
Rental Suites None

Lot & Land

MLS® # R3133048
Area Surrey
Neighbourhood Sullivan Station
City Surrey
Postal Code V3S 0P4
Gross Taxes $3,326.99
Zoning RM

Property Timeline

Status Date Price
R3133048 / Active 06-05-2026 $715,000
R3091057 / Terminated 02-18-2026 $765,000
Rooms
Floor Type Dimensions
Below Foyer 9'6 x 9'6 ft
Main Level Living Room 19'7 x 19'7 ft
Main Level Dining Room 13'6 x 13'6 ft
Main Level Kitchen 12'7 x 12'7 ft
Main Level Pantry 3'0 x 3'0 ft
Main Level Patio 13'6 x 13'6 ft
Above Level Primary Bedroom 11'11 x 11'11 ft
Above Level Bedroom 13'7 x 13'7 ft
Above Level Bedroom 13'4 x 13'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3
Main Level No #3

Listed by: RE/MAX Performance Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Sullivan Elementary School
0.41 km
Secondary
Sullivan Heights Secondary School
1.68 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Regent Christian Academy
1.53 km
Elementary, Secondary
Regent Christian Academy
1.53 km

Closest Transit

Bus Stop
Northbound 152 St @ 58A Ave
0.13 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029)
5.50 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
29.7%
No Certificate/Degree
Below Average
11%
Owner Occupied
Above Average
86.5%
Employment Rate
Above Average
72.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

49 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $729,872
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.50 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SULLIVAN STATION compares
This property
34 DOM
Listed
Sullivan Station avg
Surrey avg

42 5839 Panorama Drive has a sell-speed score of 49/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 2.1% below comparable active properties in Sullivan Station, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3S 0P4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 0P4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~8.3 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Surrey currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 42 5839 Panorama Drive

Walkability & Transit Near 42 5839 Panorama Drive

Walk Score Badge
Car-Dependent 72

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 41

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 42 5839 Panorama Drive

2026 assessed value, sourced from City of Surrey open data (PID 025-611-968).
Total Assessed Value (2026)
$747,000
2026 Value Trend
Land
$554,000
Buildings
$193,000
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $554,000 $193,000 $747,000

Mortgage Calculator for 42 5839 Panorama Drive

/month
Principal & Interest
Property Taxes $277
Maintenance fee 390.98
Based on a 30-year fixed at 4% interest with 20% down ($143,000), the estimated monthly payment for this listing is $3,399/month — $2,731 principal & interest, $277 property tax, $391 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $2,588/month, this property runs a $869/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Sullivan Station, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $715,000
Surrey Loading...
Sullivan Station Loading...

Based on 27 comparable active townhouses in Sullivan Station, the average asking price is $675,271. This listing is priced 5.9% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 42 5839 Panorama Drive

Walk Score Badge
Car-Dependent 72

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 41

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

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