Surrey, BC, Buyer cash back
Surrey cash back realtor: 50% back from Newton to Morgan Creek
Surrey has every kind of home at every price. Whatever you buy here with our partner agent, half of their commission comes back to you.
Get my Surrey rebate agentWhat buying in Surrey is really like
Surrey is the biggest city in the Fraser Valley board area and will soon pass Vancouver in population. It has every product: City Centre towers by the SkyTrain, endless townhouse complexes in Clayton, Fleetwood and Grandview Heights, and detached houses with legal or unauthorized suites in Newton and Fleetwood. The Surrey-Langley SkyTrain extension along Fraser Highway is under construction and is already priced into some Fleetwood listings.
Most Surrey rebates are on townhouses and detached houses between $750,000 and $1,600,000. On a $1,304,100 detached house at the September 2026 benchmark, the standard buyer-side commission is about $17,067, so the 50% rebate is about $8,534.
Surrey benchmarks: detached $1,304,100, townhouse $749,600, apartment $460,200 (FVREB, September 2026).
Surrey areas by property type
| Area | Detached / your rebate | Townhouse / your rebate | Apartment / your rebate |
|---|---|---|---|
| Surrey overall | $1,304,100 / $8,534 | $749,600 / $5,345 | $460,200 / $3,681 |
| North Surrey | $1,252,600 / $8,237 | $680,400 / $4,947 | $398,900 / $3,329 |
| Cloverdale | $1,317,200 / $8,609 | $754,300 / $5,372 | $506,700 / $3,949 |
| South Surrey & White Rock | $1,612,500 / $10,307 | $797,100 / $5,618 | $544,400 / $4,165 |
FVREB benchmark prices, September 2026.
What your budget buys in Surrey
- Under $450,000
- A one-bedroom or small two-bedroom condo in North Surrey or City Centre.
- $650,000 to $800,000
- A townhouse in Clayton, Fleetwood or Sullivan Heights.
- $1,100,000 to $1,400,000
- A detached house in Newton or Fleetwood, very often with a suite.
- $1,600,000 and up
- A detached house in South Surrey: Morgan Creek, Rosemary Heights or Grandview Heights.
Check these before you buy in Surrey
Suites
Many Newton and Fleetwood houses have basement suites. Check whether the suite is permitted, because an unauthorized suite affects insurance, financing using rental income and resale.
1990s wood-frame condos
Surrey has many condos and townhouses built between the late 1980s and early 2000s, the era of envelope failures. Look for a rainscreen upgrade in the depreciation report or plan for one.
Townhouse bare-land vs strata
Some complexes are bare-land strata where owners maintain their own exteriors. Fees look low but the costs fall on you.
SkyTrain construction
Homes close to Fraser Highway will have construction noise and traffic until the line opens. That can be a negotiating point.
Worked example, Newton house with a suite
A buyer purchases a Newton house with a permitted two-bedroom suite for $1,250,000. The buyer brokerage earns about $16,445 before GST. The buyer's share, about $8,222, covers a new hot-water tank and the first months of mortgage while the suite is being re-rented.
Surrey or Langley?
Surrey
$749,600benchmark
$5,345your rebate at that price
Langley
$802,600benchmark
$5,650your rebate at that price
Langley townhouses benchmark about $53,000 higher than Surrey's, mostly because so much of Langley's stock is new Willoughby construction. Surrey has more older complexes at lower prices and more choice near SkyTrain. Both are in our 50% area.
Closing costs in Surrey, and where the rebate lands
A townhouse at the Surrey benchmark bought by a first-time buyer. At this price the full first-time buyer exemption applies.
| Item | Amount |
|---|---|
| Property transfer tax (standard) | $12,992 |
| First-time buyer exemption, if eligible | −$8,000 |
| Lawyer or notary, title insurance (estimate) | $1,500 to $2,500 |
| Home inspection (estimate) | $500 to $900 |
| Your rebate after completion | +$5,345 |
BC property transfer tax: 1% on the first $200,000, 2% to $2 million, 3% above that, plus 2% on residential value over $3 million. First-time buyers can be exempt on the first $500,000 for homes up to $835,000, phasing out by $860,000. Newly built homes can be fully exempt up to $1,100,000, phasing out by $1,150,000. Eligibility rules apply; your lawyer or notary confirms.
Your Surrey rebate at other prices
| Price | Typical buyer-side commission | Your cash back (50%) | Typical listing-side commission | Seller saving (50%) |
|---|---|---|---|---|
| $450,000 | $7,245 | $3,623 | $8,505 | $4,253 |
| $600,000 | $8,970 | $4,485 | $10,530 | $5,265 |
| $750,000 | $10,695 | $5,348 | $12,555 | $6,278 |
| $925,000 | $12,708 | $6,354 | $14,918 | $7,459 |
| $1,200,000 | $15,870 | $7,935 | $18,630 | $9,315 |
Common BC split to the buyer brokerage: 3.22% on the first $100,000 and 1.15% on the rest, before GST. Your agent confirms the actual figure before each offer.
Work out your number
Estimated cash back: —
Selling first? Sell in Surrey with half the listing commission.