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$1,598,000

14585 59A Avenue

Surrey · MLS® R3160198

7 bed · 6 bath · 3,307 sq ft · 4,257 sq ft lot · 4 parking

House · Single Family · built 2008 · 41 days on market

Listed by Jun Zi, Nu Stream Realty Inc.

Realtor's description

Excellent opportunity in desirable Sullivan Heights! This quality-built, semi-custom home offers a spacious, open-concept layout with separate living and family rooms, plus a gourmet kitchen with granite countertops, ample cabinetry, and a generous pantry. Upstairs offers 4 bedrooms & 3 full bathrooms, plus one bedroom on the main floor. There are 2 one-bedroom basement suites-excellent mortgage helpers. Beautiful craftsmanship throughout with extensive crown moulding and thoughtful finishing details. A spacious, versatile home with a total of 7 bedrooms and 6 bathrooms, ideal for a growing or extended family.

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 6
Living area: 3,307 sq ft
Lot: 4,257 sq ft
Parking: 4
Year built: 2008
Property tax: $8,237 / yr
Days on market: 41
MLS®: R3160198

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-8.9%)

2026 assessment: $1,522,000 · asking is +5.0%
Price per sq ft: $483 vs $531 median for houses in Surrey for sale (1886)

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 41 days · no price changes so far

The market here

Listed now: 65 days; median for 1945 houses for sale; this one 41 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,522,000	$5,216

The listing shows $8,237 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

$7,649/mo

Mortgage $6,962 · Tax $686

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

estimated payment

$6,962/ monthly

loan $1,278,400

25-year amortization

down payment20% · $319,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 11, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $810,300
property transfer tax: $29,960; BC general rate
cash to close: $349,560; down + PTT
total paid: $2,088,700

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: $6,350/mo; vs $7,824 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,962 · tax $686 · 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: 395 m² (4,252 sq ft) · PID 027-152-693. 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 Snokomish Elementaryhomes in this catchment
Secondary Sullivan Heights Secondaryhomes in this catchment
1.4 km away · 6016 152 St, Surrey · 604-597-1977

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
250 m away · 2025 · conditionally approved
Rezoning from Acreage Residential Zone (RA) to Small Lot Residential Zone (R4) and Compact Residential Zone (R5); Subdivision from one (1) lot into three (3) R4 lots and seven (7) R5 lots; Neighbourhood Concept Plan (NCP) Amendment to South Newton from Single Family Residential to Single Family Small lots.
Rezoning
330 m away · 2024 · conditionally approved
Rezoning from Suburban Residential Zone (R1) to Small Lot Residential Zone (R4) and the southern portion of the site to Urban Residential Zone (R3); Neighbourhood Concept Plan (NCP) Amendment for the northern portion of the site from Single Family Residential to Single Family Residential Flex; Subdivision from one (1) lot into three (3) R4 lots and one (1) R3 lot; Development Variance Permit to al
Rezoning
370 m away · 2023 · conditionally approved
Rezoning from Small Lot Residential Zone (R4) to Comprehensive Development Zone (CD) (based on R4) to allow subdivision into 4 small-scale residential lots.
Rezoning
380 m away · 2021 · under review
Rezoning from RA to RF-10 to allow the subdivision into 2 lots.

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.

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