1 / 32

$1,998,000

11342 RIVER ROAD

Surrey · MLS® R3173847

10 bed · 9 bath · 5,288 sq ft · 6,095 sq ft lot · 8 parking

House · Single Family · built 2024 · 1 day on market

Listed by Ayaka Aoki, RE/MAX City Realty

Realtor's description

Like Brand New, Luxury & CUSTOM BUILT, 10 BED 9 BATH, 5288 sqft living space, 3 Storey Beautiful Home! Main floor features Spacious & Inviting living room with huge windows to Enjoy the River & Mountain View, Contemporary Kitchen w/ Elegant Cabinetry & Large Island and Spice Kitchen. RADIANT HEAT & AIR CONDITIONING. Upstairs, 4 Large ENSUITE Bedrooms include Primary w/ 5 piece Luxury Ensuite. Downstairs features 3 RENTAL SUITES **(2+2+1)** Great for MORTGAGE HELPER! Basement also has a Guest bedroom for convenience. Amazing MOUNTAIN, RIVER & CITY VEIWS. Central location with easy access to Both Bridges, the Highway and SkyTrain. Book your private showing today!

Property details

Type: House, Single Family
Bedrooms: 10
Bathrooms: 9
Living area: 5,288 sq ft
Lot: 6,095 sq ft
Parking: 8
Year built: 2024
Property tax: $10,706 / yr
Days on market: 1
MLS®: R3173847

Features

Washer
Refrigerator
Central Vacuum
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-29%)

Price per sq ft: $378 vs $531 median for houses in Surrey for sale (1877)

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 1 day

The market here

Listed now: 64 days; median for 1936 houses for sale; this one 1 day

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

Monthly cost

$9,597/mo

Mortgage $8,705 · Tax $892

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

estimated payment

$8,705/ monthly

loan $1,598,400

25-year amortization

down payment20% · $399,60020%+ 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: $1,013,128
property transfer tax: $37,960; BC general rate
cash to close: $437,560; down + PTT
total paid: $2,611,528

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: $8,298/mo; vs $9,772 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $8,705 · tax $892 · 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

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Royal Heights Elementaryhomes in this catchment
700 m away · 11665 97 Ave, Surrey · 604-581-7622
Secondary L.A. Matheson Secondaryhomes in this catchment
1.9 km away · 9484 122 St, Surrey · 604-588-3418

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.

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