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$999,000

14 2825 159 STREET

Surrey · MLS® R3165623

5 bed · 3 bath · 1,957 sq ft · 2 parking

Townhouse · Single Family · built 2017 · 23 days on market

Listed by Will Zhao, RE/MAX Crest Realty

Realtor's description

Greenway! Welcome to this WEST COAST MODERN townhouse built by ADERA. This LUXURY 5 bedroom is spacious & functional. The side-by-side double-car garage. The Bedroom on the lower level with an above grade window can be used as the office or media room. The main floor is open concept with Dining Area and a Great rm. Gourmet Chef's Kitchen with white quartz backsplash. Large windows from the South bring in abundant daylight. Upstairs 3 bdrms including the South Facing Primary Bdrm Ensuite. The top floor has bright 4th bdrm & rooftop patio with panoramic mountain views. Central A/C, forced heating, laminate floors, gas range&more! Private clubhouse with pool/hot tub, exercise rm, lounge, Kitchen, Basketball court! Short walk to Sunnyside Elementary, South Ridge School&Shopping. Open house will be September 19/20 (SAT/SUN) from 2:00-4:00PM.

Property details

Type: Townhouse, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 1,957 sq ft
Parking: 2
Year built: 2017
Property tax: $4,157 / yr
Strata fee: $516 / mo ($0.26 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 23
MLS®: R3165623

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Typical for the area (+1.1%)

2026 assessment: $1,091,000 · asking is -8.4%
Price per sq ft: $510 vs $505 median for townhouses in Surrey for sale (874)

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 23 days · no price changes so far

The market here

Listed now: 51 days; median for 874 townhouses for sale; this one 23 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,091,000	$3,739
2025	$1,145,000	$3,559

Estimated tax up 5.1% from 2025 to 2026.

The listing shows $4,157 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

$5,215/mo

Mortgage $4,353 · Tax $346 · Strata $516

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

estimated payment

$4,353/ monthly

loan $799,200

25-year amortization

down payment20% · $199,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 8, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,564
property transfer tax: $17,980; BC general rate
cash to close: $217,780; down + PTT
total paid: $1,305,764

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

Rent: $1,956/mo
After all costs: −$3,591/mo
Cap rate: 0.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,353 · tax $346 · strata $516 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom 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

The building's lot: 11,131 m² (119,813 sq ft) · PID 030-322-049. 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 Sunnyside Elementaryhomes in this catchment
100 m away · 2828 159 St, Surrey · 604-531-4826
Secondary Grandview Heights Secondaryhomes in this catchment
2.3 km away · 16987 25 Ave, Surrey · 604-542-3320

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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