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$1,049,000

16628 60 AVENUE

Surrey · MLS® R3166288

5 bed · 4 bath · 2,601 sq ft · 2 parking

House · Single Family · built 2005 · 23 days on market

Listed by Jyotika Chhabra, RE/MAX Performance Realty

Realtor's description

NO STRATA + 2BEDROOM Suite! Welcome to this beautifully maintained 2-storey half duplex offering approx 2,566 sqft of living space. Featuring 5 bedrooms and 3.5 bathrooms, this home offers plenty of room for a growing family, with 3 bedrooms for the main household and a 2-bedroom suite providing excellent mortgage-helper potential. The bright, functional layout features a spacious kitchen with maple cabinetry and stainless-steel appliances,living and dining area. Step outside to a fully fenced backyard ideal to entertaining. Enjoy the convenience of a garage, extra parking and lane access. Located close to elementary schools, shopping, transit and Cloverdale Athletic Park. A fantastic opportunity to own a spacious home with income potential in a highly sought-after Cloverdale neighbourhood

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 2,601 sq ft
Parking: 2
Year built: 2005
Days on market: 23
MLS®: R3166288

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-24%)

2026 assessment: $1,119,000 · asking is -6.3%
Price per sq ft: $403 vs $532 median for houses in Surrey for sale (1850)
Last sold: $1,070,000 · Nov 26, 2023

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 23 days · no price changes so far

The market here

Listed now: 64 days; median for 1906 houses for sale; this one 23 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,119,000	$3,835

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

$4,570/mo

Mortgage $4,570

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$4,570/ monthly

loan $839,200

25-year amortization

down payment20% · $209,80020%+ 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: $531,918
property transfer tax: $18,980; BC general rate
cash to close: $228,780; down + PTT
total paid: $1,371,118

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: $3,272/mo; vs $4,745 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $4,570 · 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: 213 m² (2,293 sq ft) · PID 026-040-158. 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 Surrey Centre Elementaryhomes in this catchment
200 m away · 16670 Old Mclellan Rd, Surrey · 604-576-9191
Secondary Lord Tweedsmuir Secondaryhomes in this catchment
2.7 km away · 6151 180 St, Surrey · 778-242-7545

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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