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$1,649,000

15295 111A AVENUE

Surrey · MLS® R3164138

5 bed · 4 bath · 3,668 sq ft · 7,212 sq ft lot · 4 parking

House · Single Family · built 1991 · 28 days on market

Listed by Franco Diligenti, Macdonald Realty

Realtor's description

15295 111A, is available for the 1st time in 17 years! The 3,668 sq ft home sits a top a 7,200 + sq ft. South facing lot feat. 5 bedrooms, 4 bathrooms, 2 car attached garage & has been fully remodelled throughout. On entry the executive level scale & style is superb, boasting vaulted ceilings, beautiful hardwood, large cut tile flooring, stunning gourmet kitchen all oriented to the outdoor entertainment area, sport court & yard below. Upper level is the perfect family layout w large Primary ensuite/ walk-in, w. 3 more generous sized bdrms. The lower level offers self contained suite, a very large rec room w. side entrance, Ample storage + the addition of Air Conditioning rounds out a complete top down package that is a must see! Without a doubt one of "Fraser Heights" best! Open Sat. 1-3

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 3,668 sq ft
Lot: 7,212 sq ft
Parking: 4
Year built: 1991
Property tax: $5,824 / yr
Days on market: 28
MLS®: R3164138

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Storage Shed

Price check

Below typical for the area (-16%)

2026 assessment: $1,388,000 · asking is +19%
Price per sq ft: $450 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 28 days · no price changes so far

The market here

Listed now: 64 days; median for 1902 houses for sale; this one 28 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,388,000	$4,757

The listing shows $5,824 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

$7,670/mo

Mortgage $7,185 · Tax $485

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

estimated payment

$7,185/ monthly

loan $1,319,200

25-year amortization

down payment20% · $329,80020%+ 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: $836,160
property transfer tax: $30,980; BC general rate
cash to close: $360,780; down + PTT
total paid: $2,155,360

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: $6,371/mo; vs $7,845 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,185 · tax $485 · 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: 670 m² (7,212 sq ft) · PID 015-535-860. 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 Dogwood Elementaryhomes in this catchment
1.2 km away · 10752 157 St, Surrey · 604-581-8111
Secondary Fraser Heights Secondaryhomes in this catchment
1.7 km 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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