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$1,749,000

16328 88 Avenue

Surrey · MLS® R3155339

10 bed · 7 bath · 5,176 sq ft · 8,158 sq ft lot · 8 parking

House · Single Family · built 2006 · 58 days on market

Listed by Kartar Dhillon, Century 21 Coastal Realty Ltd.

Realtor's description

Stunning mega home in prestigious Fleetwood Area! This mega home boasts of 10 Bed & 7 Bath with 6331 sq ft of built up area (5176 Sq Ft living space & 1155 Sq Ft of additional space - Garage, Patio, Shed, Porch) built on expansive 8158 Sq Ft Lot. It features 4 Bed upstairs with huge Master Bedroom and 6pcs ensuite. Fantastic layout on main floor with bright Kitchen (Granite Counter top plus Spice Kitchen for daily cooking needs), high ceiling in Living Room. Main Floor also has 2 bedrooms; second room can be used as Office. Double garage plus 8 parking spots on the big driveway. Home Features 2 basement suites each 2 Bed. Lane access. Close to transit, prestigious schools.

Property details

Type: House, Single Family
Bedrooms: 10
Bathrooms: 7
Living area: 5,176 sq ft
Lot: 8,158 sq ft
Parking: 8
Year built: 2006
Property tax: $7,163 / yr
Days on market: 58
MLS®: R3155339

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Compactor

Price check

2026 assessment: $1,880,000 · asking is -7.0%
Price per sq ft: $338 vs $531 median for houses in Surrey for sale (1882)

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 58 days · no price changes so far

The market here

Listed now: 64 days; median for 1943 houses for sale; this one 58 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,880,000	$6,443

The listing shows $7,163 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

$8,217/mo

Mortgage $7,620 · Tax $597

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

estimated payment

$7,620/ monthly

loan $1,399,200

25-year amortization

down payment20% · $349,80020%+ 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: $886,868
property transfer tax: $32,980; BC general rate
cash to close: $382,780; down + PTT
total paid: $2,286,068

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: $6,918/mo; vs $8,392 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,620 · tax $597 · 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: 753 m² (8,105 sq ft) · PID 026-339-447. 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 Frost Road Elementaryhomes in this catchment
400 m away · 8606 162 St, Surrey · 604-572-4050
Secondary North Surrey Secondaryhomes in this catchment
1.8 km away · 15945 96 Ave, Surrey · 604-581-4433

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 29 homes
400 m away · 2024 · under review
OCP Amendment from Suburban to Urban. NCP Amendment from Urban Residential to Townhouse under the Fleetwood Plan. Rezoning from RH to CD (based on RM-30); Development Permit. Development Permit for Form and Character. Subdivision (Consolidation) from two (2) lots into one (1) lot in order to develop approximately 29 townhouse units on a consolidated site in Fleetwood.
Rezoning
250 m away · 2026 · under review
Rezoning from from Comprehensive Development Zone (CD) to Quarter Acre Residential Zone (R2) to increase the maximum permitted floor area ratio and allow for the conversion of an existing garage into a secondary suite.
Rezoning
390 m away · 2026 · under review
Development Permit to construct a 53 Townhouse unit development Rezoning from RA to MR4 DVP for setbacks rear from 4.5m to 3.0m east side from 4.5m -3.0m west side 4.5m - 3.0m

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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