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$4,738,000

16285 28 AVENUE

Surrey · MLS® R3146925

10 bed · 10 bath · 9,503 sq ft · 23,665 sq ft lot · 10 parking

House · Single Family · built 2024 · 85 days on market

Listed by Sissy Deng, RE/MAX Colonial Pacific Realty

Realtor's description

Luxury Living in Grandview Heights. Welcome to this spectacular 9,500 sq.ft. custom-built estate situated on a sprawling 23,000 sq.ft. private lot in one of South Surrey's most prestigious neighbourhoods. Built in 2024, this one-of-a-kind residence showcases exceptional craftsmanship with custom millwork throughout. Featuring 10 bedrooms and 10 bathrooms, the home also includes a 2-bed legal suite plus an additional potential mortgage helper. Designed for luxury living and entertaining, the property offers a 4 car garage, private gym, theatre room, built-in sauna, wet bar, entertaining lounge, and a covered deck with outdoor kitchen. The gourmet kitchen is equipped with top-of-the-line appliances, complemented by an oversized spice kitchen. Take advantage of this rare opportunity.

Property details

Type: House, Single Family
Bedrooms: 10
Bathrooms: 10
Living area: 9,503 sq ft
Lot: 23,665 sq ft
Parking: 10
Year built: 2024
Property tax: $25,869 / yr
Days on market: 85
MLS®: R3146925

Features

Washer
Refrigerator
Dishwasher
Wine Fridge
Stove
Dryer

Price check

Typical for the area (-6.0%)

2026 assessment: $5,104,000 · asking is -7.2%
Price per sq ft: $499 vs $531 median for houses in Surrey for sale (1881)

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 85 days · no price changes so far

The market here

Listed now: 64 days; median for 1941 houses for sale; this one 85 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$5,104,000	$17,493

The listing shows $25,869 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

$22,799/mo

Mortgage $20,643 · Tax $2,156

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

estimated payment

$20,643/ monthly

loan $3,790,400

25-year amortization

down payment20% · $947,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,402,503
property transfer tax: $154,900; BC general rate
cash to close: $1,102,500; down + PTT
total paid: $6,192,903

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: $21,500/mo; vs $22,974 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $20,643 · tax $2,156 · 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: 2,198 m² (23,659 sq ft) · PID 007-046-553. 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 Pacific Heights Elementaryhomes in this catchment
1.7 km away · 17148 26 Ave, Surrey · 604-531-2828
Secondary Grandview Heights Secondaryhomes in this catchment
1.5 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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