Stowa.

Stowa by Genaris Properties is a contemporary condominium development located at 10984 Ravine Road in Surrey, British Columbia.

Overview

Stowa is a 77-home wood-frame development at 10984 Ravine Road, Surrey, BC, in Surrey City Centre. Homes run 339 to 1,017 sq. ft. Blended pricing is around $971 per sq. ft. Estimated completion is 2026.

Plans start at 339 sq. ft., so the release spans studios through to 1,017 sq. ft. family plans, worth knowing that the per-foot average below blends two quite different products.

Location

Surrey City Centre is the region’s second downtown in everything but name. King George and Surrey Central Stations put you on the Expo Line, SFU’s Surrey campus sits inside Central City, and Surrey Memorial Hospital, City Hall and the central library are all within the core. Holland Park anchors the green space. It is also where the Surrey–Langley SkyTrain extension begins, which will make this the transfer point for everything east of here.

The homes

• 77 homes, wood-frame construction
• 339 – 1,017 sq. ft.
• Blended pricing around $971 per sq. ft.
• At that blended rate, roughly $329,000 for the smallest plan and $988,000 for the largest
• 15% deposit
• Estimated completion 2026
• Status: Now Selling

How the pricing compares

Measured against 40 other Surrey wood-frame projects in my database, the median blended price is $786 per sq. ft. Stowa at $971 sits about 24% above that, toward the upper end of the Surrey wood-frame range. I would rather say that plainly than dress it up. A premium can be entirely rational, scarcity of the format, walkable transit, a better site, but you should be able to state what you are paying it for.

Direct comparables

Priced under it: Hartley – Cedar (Building 3) at $810, Hartley – Fern (Building 4) at $848, Pura (Phase 2) at $887 per sq. ft. That group is the real competitive set for this address.

Narrowed to Surrey City Centre specifically (7 comparable projects), the local median is $799, putting Stowa roughly 22% above its immediate neighbours.

What I would check before you sign

1. Whether the date holds. A near-term completion on a project still pre-launch or mid-construction is tight. Ask what the outside completion date in the disclosure statement says. That is the date that binds you, not the one in the marketing.
2. How the 15% is staged, not just that it totals 15%.
3. Whether you can assign, and at what cost. Assume the CRA sees it: CSAIR reporting covers this now.
4. The unsold inventory specifically. On a selling project this tells you a lot.
5. Strata fees against the projected budget, not the launch estimate.

Happy to give you a straight read on whether Stowa fits what you are actually trying to do, including the cases where the answer is no. Contact me for plans and current pricing.

Find it on the map.

10984 Ravine Road, Surrey, BC, Canada