$1,290,000
101 1840 165A Street
Surrey1 day on market
listed by Macdonald Realty (Surrey/152)
MLS® R3178471
12861 59 Avenue
$1,275,000
12861 59 Avenue
Surrey · MLS® R3152801
542
1,906 sq ft · 2,432 sq ft lot · House · Single Family · built 2011 · 83 days on market
listed by Mayank Verma, Century 21 AAA Realty Inc.
realtor's description
Beautiful Family Home in the heart of Panorama Ridge, this stunning 3-storey residence features soaring ceilings and a spacious living room with a custom fireplace, New Paint, New RUG on Upper Floor, New Hardwood in FamilyArea. The open-concept kitchen with granite countertops and a large island flows seamlessly into the family room and bright eating area. Offering a 2-bedroom basement suite with separate entrance, a detached double garage with extra rear parking, and a prime location near schools, parks, shopping, and Highway 10, this home delivers exceptional style, space, and versatility. Book your showings!!
property details
- type
- House, Single Family
- bedrooms
- 5
- bathrooms
- 4
- living area
- 1,906 sq ft
- lot
- 2,432 sq ft
- parking
- 2
- year built
- 2011
- property tax
- $5,110 / yr
- days on market
- 83
- MLS®
- R3152801
features
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
monthly cost
$5,981/mo
Mortgage $5,555 · Tax $426
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
if you rented it out
- suite rent
- $2,120/mo
- your cost after the suite
- $4,205/mo
- vs $6,156 without it
Costs: mortgage $5,555 · tax $426 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 2-bedroom in Surrey: CMHC's average there ($1,872) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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 ↗
schools
Catchment schools, Surrey School District 36
- Elementary Panorama Park Elementaryhomes in this catchment
600 m away · 12878 62 Ave, Surrey · 604-596-0963
- Secondary Panorama Ridge Secondaryhomes in this catchment
1.2 km away · 13220 64 Ave, Surrey · 604-595-8890
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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