1
Project details
2
Unit mix
3
Pricing
4
Comparables

Project details

Enter the basic information about your development project.

Unit configuration
Set how many of each unit type — we'll carry this into the unit mix for full details.
24 units
Unit type
Count
% of mix
Typical sq ft

Unit mix configuration

Add each unit type in your project. Each row defines one unit configuration — you can have multiple rows of the same type.

Mix summary
24 total units

Pricing

Enter your rent estimates and appraised values for each unit type.

Gross monthly income
$0
All units stabilised
Annual gross revenue
$0
At 100% occupancy
Avg rent / sq ft
Blended across mix
Total appraised value
$0
All units at appraised value
Avg price / sq ft
Blended appraised value
Vacancy-adjusted EGI
$0
5% vacancy allowance
Rental Pricing
Appraised values

Comparable listings — Surrey, BC

Similar multifamily units currently listed for rent near your project. Sources: Rentals.ca, Zumper, Kijiji Homes, Padmapper.

Suburb market snapshot
Newton · Surrey, BC  Q2 2025 · CMHC & BC Stats
Vacancy rate: 1.8% ↑ 6.2% YoY rent growth
Avg studio rent
$1,748
↑ $98 vs last yr
Avg 1BR rent
$2,043
↑ $121 vs last yr
Avg 2BR rent
$2,587
↑ $154 vs last yr
Avg 3BR rent
$3,240
↑ $195 vs last yr
Avg days on market
11 days
High demand area
Renter profile
% renters in area 38%
Avg household size 2.8 people
Median renter age 34 yrs
Avg renter income $72,400/yr
Supply pipeline
Units under construction 1,840
Proposed / approved 3,210
Completions (2024) 620 units
Absorption rate 94% (90 days)
Neighbourhood scores
Walk score 74
Transit score 68
Bike score 55
School rating 7 / 10
Market indicators
Market condition Landlord's market
Rent-to-income ratio 34%
Avg lease term 12 months
Pop. growth (5yr) +14.2%
Data source CMHC · BC Stats
Data sources Data as at Q2 2025
Your rent vs. market average
Based on CMHC Q2 2025 averages for Newton · Surrey, BC
Above market At market Below market
Enter your estimated rents in step 3 to see the comparison.
Static data