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$1,050,000

27 16260 23A AVENUE

Surrey · MLS® R3151622

4 bed · 4 bath · 1,797 sq ft · 2 parking

Townhouse · Single Family · built 2016 · 70 days on market

Listed by Monica Wang, LeHomes Realty Premier

Realtor's description

Welcome to this beautifully maintained home in the desirable Grandview Surrey neighborhood! This bright and spacious unit offers an open-concept layout with modern finishes throughout. The main floor features a stylish kitchen with stainless steel appliances, quartz countertops, and ample cabinetry, flowing seamlessly into the dining and living areas-perfect for entertaining. Upstairs offers well-sized bedrooms, including a comfortable primary suite. Enjoy a private outdoor space ideal for relaxing or summer BBQs. Conveniently located near schools, parks, shopping, and transit. A perfect choice for families or investors

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 1,797 sq ft
Parking: 2
Year built: 2016
Property tax: $3,331 / yr
Strata fee: $460 / mo ($0.26 / sq ft)
Days on market: 70
MLS®: R3151622

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Garage door opener

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+16%)

2026 assessment: $1,018,000 · asking is +3.1%
Price per sq ft: $584 vs $504 median for townhouses in Surrey for sale (868)
Last sold: $1,175,000 · May 15, 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 70 days · no price changes so far

The market here

Listed now: 51 days; median for 882 townhouses for sale; this one 70 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,018,000	$3,489

The listing shows $3,331 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

$5,313/mo

Mortgage $4,575 · Tax $278 · Strata $460

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

estimated payment

$4,575/ monthly

loan $840,000

25-year amortization

down payment20% · $210,00020%+ 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: $532,425
property transfer tax: $19,000; BC general rate
cash to close: $229,000; down + PTT
total paid: $1,372,425

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

Rent: $1,956/mo
After all costs: −$3,688/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $4,575 · tax $278 · strata $460 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom 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

The building's lot: 7,842 m² (84,411 sq ft) · PID 029-027-080. 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 Edgewood Elementaryhomes in this catchment
900 m away · 16666 23 Ave, Surrey · 778-537-0206
Secondary Grandview Heights Secondaryhomes in this catchment
1.6 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.

Development nearby

Rezoning
320 m away · 2025 · under review
To rezone the Block E portion (.414 ha) of CD B/L 15611 to permit child care centres retail stores personal service uses eating establishments excluding drive-through restaurants and office uses Development Permit for a future 1 858 sq. m. building for a child care center with 929 sq. m. outdoor play area a Development Permit for streamside protection; Development Variance Permit to reduce the str

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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