Surrey Central Condos: Is It Worth Investing in Pre-Sales, Assignments, or Resales?
By Uzair Muhammad · Published · Updated
Surrey Central is one of the fastest-growing real estate markets in Metro Vancouver.
Surrey Central is one of the fastest-growing real estate markets in Metro Vancouver. Let's break down whether it's a smart investment.
Understanding the Three Types of Condos
Pre-Sale Condos, Assignment Sales, and Resale Condos each have their pros and cons.
Official sources
- CRA — GST/HST new housing rebate
- CRA — Residential property flipping rule
- Government of BC — Property transfer tax
- Government of BC — BC home flipping tax
- BC Financial Services Authority (BCFSA)
- BC Laws — Real Estate Development Marketing Act (REDMA)
This is general information, not tax or legal advice. Rules change and eligibility depends on your situation — confirm with a tax professional or a BC real estate lawyer before you sign.