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Building & Condo Information

THE OBSERVATORY

10899 University Dr. Surrey, BC V3T 5V2, Canada

Les Twarog
★ Building Specialist
Les Twarog
RE/MAX Crest RealtyRE/MAX
BC Condos and Homes Team
30+ Years Downtown & Westside Expert
604.671.7000 les@6717000.com
  • Levels1
  • Suites127
  • StatusCompleted
  • Built1995
  • Title to LandFreehold Strata
  • Strata PlanLMS2093
  • ConstructionConcrete
  • AreaNorth Surrey
  • NeighbourhoodWhalley

For Sale in THE OBSERVATORY & Complex

DateAddressStatusBedBathPriceSqftDOMStrata FeeTaxListed By
2026-06-04 2203 10899 University Dr. Active 2 2 $859,000 ($601/sf) 1430 $772 $3249 (2025) 2 Percent Realty West Coast
2026-04-10 1706 10899 University Dr. Active 2 2 $520,000 ($552/sf) 942 $567 $2273 (2025) Laboutique Realty
2026-04-08 101 10899 University Dr. Active 1 1 $475,000 ($530/sf) 897 $494 $2049 (2025) Royal LePage Sterling Realty
2026-06-24 1105 10899 University Dr. Active 2 2 $452,800 ($523/sf) 866 $521 $2121 (2025) Sutton Group-West Coast Realty
2026-09-14 1104 10899 University Dr. Active 1 1 $358,888 ($671/sf) 535 $321 $1724 (2026) Stonehaus Realty Corp.
2026-07-14 404 10899 University Dr. Active 1 1 $299,000 ($559/sf) 535 $1 $1648 (2025) Royal LePage West Real Estate Services
Avg$494,115868

THE OBSERVATORY Sold History (last 24 months)

Sold DateAddressBedBathSqftAskingSold PriceDOMStrata FeeTaxListed By
2026-05-10 202 10899 University Dr. 2 2 1195 $569,999 $560,000 ($469/sf) $695 $2633 (2025) eXp Realty
2025-03-18 2102 10899 University Dr. 2 3 1400 $839,000 $825,000 ($589/sf) $767 $3180 (2024) Royal LePage Little Oak Realty
2024-11-24 907 10899 University Dr. 2 2 880 $519,900 $505,000 ($574/sf) $481 $2108 (2024) eXp Realty
2024-11-18 1904 10899 University Dr. 1 1 554 $399,900 $382,000 ($690/sf) $293 $1656 (2024) Royal LePage - Wolstencroft
2024-10-26 507 10899 University Dr. 2 2 892 $499,900 $500,000 ($561/sf) $481 $2087 (2024) eXp Realty

Sold data from the MLS® feed for strata plan LMS2093. Showing the 15 most recent sales from the last 24 months; expand for up to 80.

THE OBSERVATORY Market Summary

THE OBSERVATORY at 10899 University Dr. — currently 6 active listings averaging $494,115. In the past year 1 unit sold at an average of $560,000.

Active Listings6
Avg Asking Price$494,115
Sold (1 Year)1
Avg Sold Price$560,000
Avg $/Sqft$469

Value & Financing

Price Positioning
$572 /sq ft
Active listings here average $572/sf vs $772/sf across Whalley.
26% below area average
Mortgage Snapshot
$1,432 /mo
Entry price (from)$299,000
20% down payment$59,800
Rate / amortization5.24% · 25 yr
Estimate only — not a lending offer. Rate illustrative; confirm with your mortgage advisor.

Overview

Welcome to The Observatory. The Observatory is a 127-home strata residence located at 10899 University Drive in Surrey, in the Whalley neighbourhood. Completed in 1995, it is registered under Strata Plan LMP2053 and held as Freehold Strata. It sits near the intersection of University Drive & 108 Avenue.

Residents enjoy an array of amenities including recreation center, sauna/steam room and tennis court(s), garage underground parking and electric / natural gas heating.

Set in Whalley, Surrey, The Observatory offers a central location, recreation and shopping nearby. Explore floor plans, prices, availability, MLS listings and full building details on BCCondos.net.

Amenities / Features

Recreation Center
Sauna/steam Room
Tennis Court(s)

Maintenance Fees Include

Caretaker
Garbage Pickup
Gardening
Gas
Heat
Hot Water
Management
Recreation Facility
Sewer
Snow Removal

Location / Site Influences

Central Location
Recreation Nearby
Shopping Nearby

Construction & Development

ConstructionConcrete
Exterior FinishConcrete
RoofTar & Gravel

Strata Information

Strata PlanLMS2093
Building TypeStrata,Strata Condos
Title to LandFreehold Strata
Units in Strata127
Management CompanyAssocia BC — 604-591-6060
Bylaws / RestrictionsPETS ALLOWED W/REST.,RENTALS NOT ALLOWED,SMOKING RESTRICTIONS
Parking / StorageGarage; Underground

Property Documents

Market Reports

Live market intelligence for this building's segments — active inventory, medians, ranges & trends. Opens in a new tab.

📊 Surrey Condo Market Reports
📊 Surrey Detached Market Reports
Market data by RealtySuite

Location, Street View & Aerial

Street View⤢ Expand

Frequently Asked Questions — THE OBSERVATORY

What year was THE OBSERVATORY built?
THE OBSERVATORY was built in 1995.
How many units are in THE OBSERVATORY?
THE OBSERVATORY has 127 strata units across 1 levels.
What amenities does THE OBSERVATORY offer?
RECREATION CENTER, SAUNA/STEAM ROOM, TENNIS COURT(S).
Is THE OBSERVATORY pet-friendly, and what are the bylaws?
THE OBSERVATORY bylaws/restrictions: PETS ALLOWED W/REST.,RENTALS NOT ALLOWED,SMOKING RESTRICTIONS.
Who is the property manager for THE OBSERVATORY?
THE OBSERVATORY is managed by Associa BC, 604-591-6060.
What is the strata plan number for THE OBSERVATORY?
The strata plan number for THE OBSERVATORY is LMS2093.
Is THE OBSERVATORY freehold or leasehold?
THE OBSERVATORY is Freehold Strata.
Where is THE OBSERVATORY located?
THE OBSERVATORY is located at 10899 University Dr. in North Surrey, Surrey.
How is the real estate market at THE OBSERVATORY?
In the past year 1 unit sold at THE OBSERVATORY, averaging $560,000; there are currently 6 active listings for sale.
Les Twarog
Les Twarog & Team
RE/MAX Crest Realty · Your THE OBSERVATORY specialist
Questions on a listing, a private showing, or what your unit is worth? Talk to the team that knows this building.

Listings for Sale Near THE OBSERVATORY 🔎 MLS® Search »

Active listings nearby80
Average price$1,857,155
From$298,000
Up to$18,990,000
Summary — 50 nearest listings
AddressBedBathSqftPrice
101 10899 University Dr. 11897 $475,000
1104 10899 University Dr. 11535 $358,888
1105 10899 University Dr. 22866 $452,800
2203 10899 University Dr. 221430 $859,000
1706 10899 University Dr. 22942 $520,000
404 10899 University Dr. 11535 $299,000
904 13383 108 Ave. 22999 $529,000
1806 13383 108 Ave. 221000 $539,000
1503 13353 108 Ave. 22999 $586,000
602 13353 108 Ave. 11630 $325,000
Photos
101 10899 UNIVERSITY DRIVE $475,000 101 10899 University Dr. · 1bd/1ba · 897sf 1104 10899 UNIVERSITY DRIVE $358,888 1104 10899 University Dr. · 1bd/1ba · 535sf 1105 10899 UNIVERSITY DRIVE $452,800 1105 10899 University Dr. · 2bd/2ba · 866sf 2203 10899 UNIVERSITY DRIVE $859,000 2203 10899 University Dr. · 2bd/2ba · 1430sf 1706 10899 UNIVERSITY DRIVE $520,000 1706 10899 University Dr. · 2bd/2ba · 942sf 404 10899 UNIVERSITY DRIVE $299,000 404 10899 University Dr. · 1bd/1ba · 535sf 904 13383 108 AVENUE $529,000 904 13383 108 Ave. · 2bd/2ba · 999sf 1806 13383 108 AVENUE $539,000 1806 13383 108 Ave. · 2bd/2ba · 1000sf 1503 13353 108 AVENUE $586,000 1503 13353 108 Ave. · 2bd/2ba · 999sf 602 13353 108 AVENUE $325,000 602 13353 108 Ave. · 1bd/1ba · 630sf

THE OBSERVATORY Area Map 🔍 Open larger map ↗