Metro Vancouver · British Columbia

Physician mortgages in Surrey.

Surrey is one of Canada's fastest-growing cities and a more attainable Metro Vancouver entry point, anchored by one of BC's busiest hospitals.

Surrey in short

Surrey is a fast-growing Metro Vancouver city, more attainable than the city of Vancouver, anchored by Surrey Memorial Hospital, one of BC's busiest. The BC Property Transfer Tax applies, roughly $20,000 on a $1.1M home, with first-time and newly-built exemptions available.

~$20,000
BC PTT on a $1.1M home
Before any exemptions
Busiest
Surrey Memorial Hospital
One of the busiest acute care sites in BC
10%
Physician program minimum down payment
Owner-occupied principal residence
01

The Surrey physician market.

Surrey is among Canada's fastest-growing cities and a more attainable Metro Vancouver entry point. Surrey Memorial Hospital is one of the busiest acute care sites in BC, and the region is expanding its hospital capacity, drawing a growing physician workforce.

Benchmark price, July 2026$877,600
ConditionGrowing, balanced

Surrey Memorial Hospital is one of the busiest in BC; townhomes and condos are the realistic physician entry point.

Source: CREA MLS Home Price Index, Fraser Valley area, as published in the LSTAR July 2026 release, HPI benchmark, July 2026. Fraser Valley board composite, not Surrey alone. Figures reviewed August 2026.

02

Closing costs: bc property transfer tax.

BC Property Transfer Tax
British Columbia charges a Property Transfer Tax of 1% on the first $200,000 and 2% from $200,000 to $2,000,000. On a $1.1M home that is roughly $20,000. BC first-time buyer and newly-built home exemptions can reduce or eliminate the tax on qualifying purchases.
On the July 2026 benchmark of $877,600
BC property transfer tax$15,552
Total on closing$15,552
The BC first-time buyer exemption covers the tax on the first $500,000 for homes up to $835,000, phasing out to nothing at $860,000. Sources: Government of British Columbia, property transfer tax; Government of British Columbia, first time home buyers program. Rates reviewed August 2026. Price from CREA MLS Home Price Index, Fraser Valley area, as published in the LSTAR July 2026 release.
03

Why Surrey physicians use a specialist.

  • More attainable than the city of Vancouver while staying in Metro Vancouver.
  • Surrey Memorial Hospital is one of BC's busiest acute care centres.
  • BC first-time and newly-built exemptions can cut the Property Transfer Tax.
  • Projected-income and corporate-income qualification apply across BC.
04

Teaching hospitals in Surrey.

We work with physicians across Surrey’s teaching network, from residents and fellows to attending and incorporated staff.

FAQ

Surrey physician mortgage questions.

Is Surrey cheaper than Vancouver for physicians?01

Generally yes. Surrey is a more attainable Metro Vancouver entry point than the city of Vancouver, while still offering major hospital employment through Surrey Memorial Hospital.

How much is the property transfer tax in Surrey?02

Surrey follows the BC Property Transfer Tax: 1% on the first $200,000 and 2% to $2,000,000, roughly $20,000 on a $1.1M home, before first-time or newly-built exemptions.

Nearby markets
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Prices and payment examples are estimates for planning only. Your actual numbers depend on income, down payment, debt, credit, location, and current lender pricing.

Surrey physicians

A Surrey mortgage, structured around your medical career.

A 30 minute call. Your stage, your income structure, your target purchase. You leave with a real number and a path.

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