Observatory

10899 University Drive, Surrey, BC
Built 1995
127 units
Highrise
4 active

About Observatory

The Observatory is a prestigious 22-story concrete highrise located in the heart of Whalley, Surrey, at 10899 University Drive. Built in 1995, this well-maintained 127-unit residential tower offers an ideal blend of urban convenience and scenic beauty. Residents enjoy breathtaking panoramic views of the Fraser Valley, mountains, and cityscape from multiple vantage points throughout the building. The prime location puts you steps away from Gateway SkyTrain Station, providing seamless connections to Downtown Vancouver, SFU, and Surrey Central Mall. The surrounding neighbourhood offers excellent walkability with nearby shopping centres featuring Nesters Market, TD Bank, and Shoppers Drug Mart, plus easy access to Chuck Bailey Recreation Centre and Whalley Athletic Park. The Observatory combines high-rise sophistication with exceptional amenities and a welcoming community atmosphere, making it an excellent choice for those seeking modern urban living with unparalleled views and connectivity.

Amenities

Bike Room
Exercise Centre
Sauna/Steam Room
Caretaker
Recreation Facilities

School Catchment

Elementary Theresa Clarke Elementary
Secondary Kwantlen Park

Investor Insights — Condos in Whalley

Estimated rental yields based on MLS data for condos in Whalley.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,789/mo $337,444 $344/mo 4.2%
Condo 2 $2,350/mo $472,830 $480/mo 4.0%
Condo 3 $2,786/mo $547,714 $613/mo 4.1%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

Sold Apartment/Condo
$560,000

202 10899 UNIVERSITY DRIVE

2 2 1,195 sqft
Sold Apartment/Condo
$825,000

2102 10899 UNIVERSITY DRIVE

2 3 1,400 sqft
Sold Apartment/Condo
$505,000

907 10899 UNIVERSITY DRIVE

2 2 880 sqft
Sold Apartment/Condo
$382,000

1904 10899 UNIVERSITY DRIVE

1 1 554 sqft
Sold Apartment/Condo
$500,000

507 10899 UNIVERSITY DRIVE

2 2 892 sqft
Sold Apartment/Condo
$548,000

1903 10899 UNIVERSITY DRIVE

2 2 1,174 sqft
Sold Apartment/Condo
$461,000

606 10899 UNIVERSITY DRIVE

1 1 702 sqft

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Location

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