The Observatory is a 22-storey concrete building ideally located 2 in walk near SkyTrain, shopping, schools, universities, community centre, and amenities, featuring this spacious 1 bedroom, 1 bathroom condo with 722 sq. ft. of living space plus a private covered balcony. The functional layout offers a kitchen, open living and dining areas, a good-sized bedroom, and a full bathroom with in-suite laundry. This pet-friendly strata allows two dogs, two cats, or one of each (breed restrictions apply), with strata fees of approximately $375/month including hot water and gas. Additional features include a gas fireplace, one secure underground parking stall, one storage locker, visitor parking, and excellent renovation potential.
Address
501 - 10899 University Drive
List Price
$459,000
Property Type
Residential
Type of Dwelling
Apartment/Condo
Structure Type
Multi Family, Residential Attached
Transaction Type
Sale
Area
North Surrey
Sub-Area
Whalley
Bedrooms
1
Bathrooms
1
Floor Area
722 Sq. Ft.
Main Floor Area
722
Lot Features
Central Location
Total Building Area
722
Common Walls
2+ Common Walls, No One Above
Year Built
1995
Maint. Fee
$371.60
MLS® Number
R3078291
Listing Brokerage
Royal LePage Global Force Realty
Basement Area
None
Postal Code
V3T 5V2
Zoning
CD
Ownership
Freehold Strata
Parking
Underground, Guest, Front Access
Parking Places (Total)
1
Tax Amount
$1,868.82
Tax Year
2025
Pets
Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Site Influences
Balcony, Central Location, Gated
Community Features
Gated
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features
Elevator, Storage
Association
Yes
Board Or Association
Fraser Valley
Association Amenities
Clubhouse, Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities
Heating
Yes
Heat Type
Baseboard
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Garage
Yes
Laundry Features
In Unit
Number Of Floors In Property
1
Number Of Floors In Building
22
Window Features
Window Coverings
View
Yes
View Type
Partial Mountains
Subdivision Name
The Observatory