1 / 37

$1,199,000

101 16623 18A AVENUE

Surrey · MLS® R3170020

4 bed · 4 bath · 2,184 sq ft · 2 parking

House · Single Family · built 2025 · 9 days on market

Listed by TJ Samra, RE/MAX Colonial Pacific Realty

Realtor's description

GRANDVIEW WALK DUPLEXES - a collection of very well appointed 16 half duplex homes built by Georgie award winning builder DVL Homes. Home features 3 bedrooms & 2 full bathrooms upstairs, powder room on main floor. Open main floor plan with high ceilings, sparkling white kitchen, pantry, large island with seating & built-in microwave, Fisher-Paykel stainless steel appliances - gas range & french door fridge. Master Bedroom features walk-in closet with organizers, ensuite features double sinks & large walk-in shower. Built-in vacuum system & security system with cameras. LEGAL one bedroom basement suite. New Ta'talu Elementary is just a short walk away.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 2,184 sq ft
Parking: 2
Year built: 2025
Property tax: $4,708 / yr
Days on market: 9
MLS®: R3170020

Features

Washer
Refrigerator
Central Vacuum
Dishwasher
Stove
Dryer

Floor plans

Found among the listing photos.

Price check

Typical for the area (+3.2%)

2026 assessment: $1,083,000 · asking is +11%
Price per sq ft: $549 vs $532 median for houses in Surrey for sale (1854)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 9 days · no price changes so far

The market here

Listed now: 64 days; median for 1908 houses for sale; this one 9 days

Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,083,000	$3,712

The listing shows $4,708 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$5,616/mo

Mortgage $5,224 · Tax $392

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,224/ monthly

loan $959,200

25-year amortization

down payment20% · $239,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $607,978
property transfer tax: $21,980; BC general rate
cash to close: $261,780; down + PTT
total paid: $1,567,178

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Suite rent: $1,602/mo
Your cost after the suite: $4,317/mo; vs $5,791 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $5,224 · tax $392 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

Lot outline: 1,195 m² (12,863 sq ft). From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Ta'talu Elementaryhomes in this catchment
Secondary Earl Marriott Secondaryhomes in this catchment
1.8 km away · 15751 16 Ave, Surrey · 604-531-8354

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for a 6 storey building
370 m away · 2023 · conditionally approved
Rezoning from One-Acre Residential Zone (RA) to Comprehensive Development Zone (CD) (based on RM-70); Subdivision from one (1) lot to two (2) lots in order to convey the Drainage Corridor Area; OCP Amendment for a portion of the site from Mixed Employment to Multiple Residential. OCP Amendment to allow an FAR of 2.5 for the site within the Multiple Residential land use designation. OCP Amendment t
Rezoning
290 m away · 2024 · conditionally approved
Rezoning from Acreage Residential Zone (RA) to Multiple Residential 30 Zone (RM-30); Neighborhood Concept Plan (NCP) Amendment to Sunnyside Heights from Multiple Residential 10-15 upa to Multiple Residential 15-25 upa and to remove the subject site from the land consolidation area; Development Variance Permit a) to reduce the minimum north yard setback of the RM-30 Zone from 6.0 metres to 2.4 metr

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.