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$1,698,000

16908 1 AVENUE

Surrey · MLS® R3170466

6 bed · 6 bath · 3,607 sq ft · 3,828 sq ft lot · 6 parking

House · Single Family · built 2026 · 8 days on market

Listed by Gurinder Brar, Royal LePage Global Force Realty

Realtor's description

Welcome to prestigious Pacific Douglas !This brand new West Coast inspired property welcomes you into 3,600+ Sq/Ft of modern/contemporary luxury on an extensive 3,900 Sq/Ft lot backing on to a greenbelt. The open concept main floor w/ 10'+ ceilings features a bright living rm, dining rm, great rm w/ a panoramic electric f/p encased by a built-in entertainment wall. The Chef's kitchen boasts a butchers block island, quartz c/tps, designer backsplash, and S/S appliances. The Upper floor consists of 4 bedrooms and 3 full bathrooms. Two rental suites (2 Bed + 1 Bed) w/ in suite laundry providing tremendous positive cashflow. A multitude of upscale finishes including: gas f/p, A/C, EV charger and the list goes on. A stones throw away from many significant points of interest.

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 6
Living area: 3,607 sq ft
Lot: 3,828 sq ft
Parking: 6
Year built: 2026
Property tax: $4,565 / yr
Days on market: 8
MLS®: R3170466

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Wet Bar

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-11%)

2026 assessment: $1,526,000 · asking is +11%
Price per sq ft: $471 vs $532 median for houses in Surrey for sale (1849)
Last sold: $1,102,500 · Mar 28, 2024

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 8 days · no price changes so far

The market here

Listed now: 64 days; median for 1904 houses for sale; this one 8 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,526,000	$5,230

The listing shows $4,565 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

$7,778/mo

Mortgage $7,398 · Tax $380

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

estimated payment

$7,398/ monthly

loan $1,358,400

25-year amortization

down payment20% · $339,60020%+ 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: $861,007
property transfer tax: $31,960; BC general rate
cash to close: $371,560; down + PTT
total paid: $2,219,407

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: $6,480/mo; vs $7,953 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,398 · tax $380 · 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: 4,439 m² (47,781 sq ft). 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 Douglas Elementaryhomes in this catchment
800 m away · 17325 2 Ave, Surrey · 604-535-0180
Secondary Earl Marriott Secondaryhomes in this catchment
3.9 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.

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