55 - 5839 Panorama Drive, Surrey, V3S 0P4 — photo 1

$668,000

55 - 5839 Panorama Drive, Surrey, V3S 0P4
Active
2 Bedrooms 1 Bathrooms 1,011 sqft Built 2003 Residential

About This Property

Don’t miss this beautifully desired townhome located in Central Panorama Village! With shopping, restaurants and public transit nearby – this townhome will have you perfectly situated in the prestigious Forest Gate Community! This 2-bedroom corner unit offers exceptional natural lighting with high 9ft ceilings and a functional open floor concept. Experience a fresh and bright kitchen along with modern appliances. For those who love to entertain this space is perfect! Cozy up next to your shiplap fireplace featured in your living room or find tranquility in your spacious master bedroom with ensuite bath. This home has it all! Have peace of mind knowing the washer/dryer and hot water tank are only a few years old. Open house Saturday January 17th 2-4

Fireplace

Property Details

MLS #

R3059558

Status

Active

Type

Residential

Sub-type

Townhouse

Ownership

Freehold Strata

Zoning

MF

Bedrooms

2

Full Baths

1

Half Baths

0

Kitchens

1

Fireplaces

1

Living Area

1,011 sqft

Main Floor

456 sqft

Above Main

487 sqft

Year Built

2003

Age

23 years

Roof

Asphalt

Construction

Frame Wood, Vinyl Siding

Structure

Residential Attached

Parking Stalls

2

Original Price

$679,000

Strata Fee

$300.49/mo

Taxes

$2,841.47/yr

Listed

2025-10-17

MLS Area

Sullivan Station

City

Surrey

Postal Code

V3S 0P4

Subdivision

Forest Gate

Features & Finishes

Heating

Baseboard

Laundry

In Unit

Fireplace

Electric

Patio / Porch

Patio · Deck

Building & Community

Pets

Yes With Restrictions

Restrictions

Pets Allowed w/Rest.

Strata Mgmt Co.

PENINSULA MANAGEMENT

Lot Features

Central Location

Fencing

Fenced

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer, Storm Sewer

Utilities

Electricity Connected, Water Connected

Building Amenities

Trash · Maintenance Grounds

Disclosures

Property Disclosure

Yes

Coordinates: 49.108818, -122.802620 · Map data © Google

5.9

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market27% above market — check if justified
Days on market200 days — significantly stale, strong negotiation position
Price historyPrice dropped 2% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$630,880

5.6% below asking price

Negotiation Range

$614,180$640,900

$26,720 spread

$614,180$668,000 ask

Based on 42 recent sales, a starting offer around $630,880 (5.6% below ask) is reasonable. Your negotiation range is $614,180 – $640,900.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Price already reducedSeller dropped from 2% off original ask — indicates motivation
Extended market time200 days listed — well above market avg of 190 days, increased negotiation leverage

Based on 42 residential sales in Surrey (last 60 days) · Updated May 4

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