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$1,325,000

10869 162B STREET

Surrey · MLS® R3149643

3 bed · 2 bath · 1,913 sq ft · 8,260 sq ft lot · 5 parking

House · Single Family · built 1988 · 77 days on market

Listed by Ishwar Sahota, Century 21 Coastal Realty Ltd.

Realtor's description

Rarely available 1913 sq. ft. rancher in sought-after Fraser Heights! This beautifully maintained home offers 3 spacious bedrooms, 2 full bathrooms and bright, comfortable one-level living. The inviting living and dining areas feature a cozy gas fireplace, while the sun-filled kitchen offers raised oak cabinetry, ample storage and a separate eating area. A generous family room with a second gas fireplace is ideal for relaxing or entertaining. Enjoy a peaceful backyard backing directly onto J.R. Douglas Park. Conveniently located near Fraser Heights Secondary, Erma Stephenson Elementary, shopping, recreation and major routes. A wonderful home in an exceptional location!

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,913 sq ft
Lot: 8,260 sq ft
Parking: 5
Year built: 1988
Property tax: $6,108 / yr
Days on market: 77
MLS®: R3149643

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Above typical for the area (+30%)

2026 assessment: $1,521,000 · asking is -13%
Price per sq ft: $693 vs $532 median for houses in Surrey for sale (1848)

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 77 days · no price changes so far

The market here

Listed now: 64 days; median for 1902 houses for sale; this one 77 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,521,000	$5,213

The listing shows $6,108 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

$6,282/mo

Mortgage $5,773 · Tax $509

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

estimated payment

$5,773/ monthly

loan $1,060,000

25-year amortization

down payment20% · $265,00020%+ 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: $671,869
property transfer tax: $24,500; BC general rate
cash to close: $289,500; down + PTT
total paid: $1,731,869

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.

Location

Lot outline: 768 m² (8,267 sq ft) · PID 010-030-549. 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 Fraser Wood Elementaryhomes in this catchment
500 m away · 10650 164 St, Surrey · 604-589-6442
Secondary Fraser Heights Secondaryhomes in this catchment
400 m away · 16060 108 Ave, Surrey · 604-582-9231

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.

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