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$1,299,000

15428 MADRONA DRIVE

Surrey · MLS® R3119958

3 bed · 2 bath · 1,523 sq ft · 7,281 sq ft lot · 3 parking

House · Single Family · built 1978 · 156 days on market

Listed by Bianca Myddleton, Coldwell Banker Executives Realty

Realtor's description

Charming Cape Cod-style home in South Surrey featuring 3 bedrooms, 1.5 baths, and a spacious upstairs games room. Enjoy hardwood floors, vinyl windows, and a new washer and dryer. All appliances are under 8 years old. Upgrades include an on-demand hot water system, high-efficiency furnace with A/C, and a UV air purification system for clean indoor air. A water filtration system adds extra comfort. Step outside to your private south-facing backyard oasis with a hot tub and sauna. Covered patio for year round use. Bonus: a large detached flex room with acoustic drywall-perfect for a workshop, media room, playroom, or whatever suits your lifestyle.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,523 sq ft
Lot: 7,281 sq ft
Parking: 3
Year built: 1978
Property tax: $5,390 / yr
Days on market: 156
MLS®: R3119958

Features

Washer
Refrigerator
Hot Tub
Dishwasher
Stove
Dryer

Price check

2026 assessment: $1,357,800 · asking is -4.3%
Price per sq ft: $853 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 156 days · no price changes so far

The market here

Listed now: 64 days; median for 1936 houses for sale; this one 156 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,357,800	$4,654

The listing shows $5,390 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

$6,109/mo

Mortgage $5,660 · Tax $449

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

estimated payment

$5,660/ monthly

loan $1,039,200

25-year amortization

down payment20% · $259,80020%+ 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: $658,686
property transfer tax: $23,980; BC general rate
cash to close: $283,780; down + PTT
total paid: $1,697,886

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.

Location

Lot outline: 683 m² (7,352 sq ft) · PID 006-214-355. 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 Jessie Lee Elementaryhomes in this catchment
200 m away · 2064 154 St, Surrey · 604-531-8833
Secondary Earl Marriott Secondaryhomes in this catchment
1.3 km away · 15751 16 Ave, Surrey · 604-531-8354

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 for 175 homes
380 m away · 2024 · conditionally approved
Rezoning from Urban Residential Zone (R3) and Suburban Residential Zone (R1) to Comprehensive Development Zone (CD) (based on Multiple Residential 70 Zone (RM-70); Subdivision (Consolidation) from four (4) lots into one (1) lot; Official Community Plan (OCP) Amendment from Urban to Multiple Residential; Neighbourhood Concept Plan (NCP) Amendment from Single Family Residential (6 u.p.a) to Apartmen

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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