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$869,000

40 2450 161A STREET

Surrey · MLS® R3155330

All units at 2450 161a St →

4 bed · 3 bath · 1,697 sq ft · 2 parking

Townhouse · Single Family · built 2008 · 56 days on market

Listed by Edmund Yang, Homelife Benchmark Realty Corp.

Realtor's description

Welcome to Glenmore at Morgan Heights! This quiet 4-bedroom townhome is ideally located in the center of the complex and features a private fenced front yard perfect for outdoor entertaining, plus a balcony with new vinyl flooring. The bright open kitchen offers stainless steel appliances, quartz countertops, a large island, and water filtration system, with all appliances recently replaced and a new hot water tank (2025). Upstairs includes a spacious primary bedroom with 4-piece ensuite and two generous bedrooms, while the lower level offers a fourth bedroom and full bath. Enjoy clubhouse, gym, outdoor pool, hot tub, and indoor floor hockey rink. Walk to shops, transit, and top schools.

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 1,697 sq ft
Parking: 2
Year built: 2008
Property tax: $3,901 / yr
Strata fee: $464 / mo ($0.27 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 56
MLS®: R3155330

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Hot Tub
Dishwasher

Price check

Typical for the area (+1.7%)

2026 assessment: $877,000 · asking is -0.9%
Price per sq ft: $512 vs $503 median for townhouses in Surrey for sale (867)

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 56 days · no price changes so far

The market here

Listed now: 51 days; median for 881 townhouses for sale; this one 56 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$877,000	$3,006

The listing shows $3,901 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

$4,575/mo

Mortgage $3,786 · Tax $325 · Strata $464

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

estimated payment

$3,786/ monthly

loan $695,200

25-year amortization

down payment20% · $173,80020%+ 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: $440,645
property transfer tax: $15,380; BC general rate
cash to close: $189,180; down + PTT
total paid: $1,135,845

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: −$2,950/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,786 · tax $325 · strata $464 · 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: 42,537 m² (457,864 sq ft) · PID 028-563-450. 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 Sunnyside Elementaryhomes in this catchment
900 m away · 2828 159 St, Surrey · 604-531-4826
Secondary Grandview Heights Secondaryhomes in this catchment
1.7 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
360 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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