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$1,549,000

15785 CRANLEY DRIVE

Surrey · MLS® R3158114

5 bed · 4 bath · 3,054 sq ft · 3,844 sq ft lot · 3 parking

House · Single Family · built 2020 · 45 days on market

Listed by Hamed Yayah, Royal LePage Global Force Realty

Realtor's description

Discover your dream home! This gorgeous five-year-old residence features 10-foot ceilings and elegant finishes, along with a legal two-bedroom suite that serves as a perfect mortgage helper. Nestled in prestigious White Rock, you'll enjoy walking distance to shops, restaurants, parks, and transit.The open-concept design boasts a spacious kitchen with upgraded appliances, a large mudroom, and a vaulted master suite with an ensuite bathroom. The soundproofed legal basement suite has a separate entrance and parking.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 3,054 sq ft
Lot: 3,844 sq ft
Parking: 3
Year built: 2020
Property tax: $6,316 / yr
Days on market: 45
MLS®: R3158114

Features

Washer
Refrigerator
Dishwasher
Stove
Range
Dryer

Price check

Typical for the area (-4.6%)

2026 assessment: $1,355,000 · asking is +14%
Price per sq ft: $507 vs $532 median for houses in Surrey for sale (1849)

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 45 days · no price changes so far

The market here

Listed now: 64 days; median for 1904 houses for sale; this one 45 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,355,000	$4,644

The listing shows $6,316 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

$7,275/mo

Mortgage $6,749 · Tax $526

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

estimated payment

$6,749/ monthly

loan $1,239,200

25-year amortization

down payment20% · $309,80020%+ 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: $785,453
property transfer tax: $28,980; BC general rate
cash to close: $338,780; down + PTT
total paid: $2,024,653

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: $5,976/mo; vs $7,450 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,749 · tax $526 · 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

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Jessie Lee Elementaryhomes in this catchment
900 m away · 2064 154 St, Surrey · 604-531-8833
Secondary Earl Marriott Secondaryhomes in this catchment
1.5 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 36 homes
340 m away · 2022 · under review
Rezoning from CG-1 to CD (based on C-5 RM-70); Development permit for 36 residential units and 645.5 sq m of commercial space; OCP amendment from Urban to Commercial.
Rezoning for a 4 storey building
220 m away · 2026 · under review
Rezoning from CD BL16074 to CD (Based on CHI) to increase the Floor Area Ratio to 1.24 FAR and add an additional permitted use for a self-storage facility for a future four storey building proposal.

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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