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$810,000

49 8418 163 STREET

Surrey · MLS® R3150667

All units at 8418 163 St →

4 bed · 4 bath · 1,560 sq ft · 2 parking

Townhouse · Single Family · built 2010 · 73 days on market

Listed by Ling Ling Ye, Pacific Evergreen Realty Ltd.

Realtor's description

This beautiful well maintained home is for you. 4 Bedrooms & 4 Baths, 3 Stories. Wood floors is easy to clean and carpet floor in bedrooms feels comfort. 9 ft ceilings let you feel spacious, with abundance of natural light. 3 good sized bedrooms on the 3rd floor. The primary bedroom with walk-in closet, en-suite bathroom. The 4th bedroom with full bathroom is on the ground floor, makes elder's life easy. Close to trans Canada.

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 1,560 sq ft
Parking: 2
Year built: 2010
Property tax: $3,073 / yr
Strata fee: $415 / mo ($0.27 / sq ft)
Days on market: 73
MLS®: R3150667

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Typical for the area (+3.3%)

2026 assessment: $802,000 · asking is +1.0%
Price per sq ft: $519 vs $503 median for townhouses in Surrey for sale (882)

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 73 days · no price changes so far

The market here

Listed now: 51 days; median for 896 townhouses for sale; this one 73 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$802,000	$2,749

The listing shows $3,073 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

$4,200/mo

Mortgage $3,529 · Tax $256 · Strata $415

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

estimated payment

$3,529/ monthly

loan $648,000

25-year amortization

down payment20% · $162,00020%+ 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: $410,728
property transfer tax: $14,200; BC general rate
cash to close: $176,200; down + PTT
total paid: $1,058,728

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: −$2,576/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,529 · tax $256 · strata $415 · 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: 8,450 m² (90,955 sq ft) · PID 028-186-648. 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
2.5 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 a 6 storey, 69 unit building
190 m away · 2024 · conditionally approved
Rezoning from Urban Residential (R3) Zone to Comprehensive Development (CD) Zone (based on Multiple Residential 70 Zone (RM-70); Subdivision (Consolidation) from two (2) lots into one (1) lot; Official Community Plan (OCP) Amendment from Urban to Multiple Residential and Text Amendment to allow a higher density in the Multiple Residential designation; Neighbourhood Concept Plan (NCP) Amendment fro
Rezoning for a 6 storey building
150 m away · 2025 · under review
Rezoning from Highway Commercial Industrial Zone (CHI) to Comprehensive Development Zone (CD) (based on Multiple Residential 70 Zone (RM-70) for the multifamily development and Highway Commercial Industrial Zone (CHI) for the existing use); Subdivision from one (1) lot into two (2) lots; Official Community Plan (OCP) Amendment to a portion of the lot from Commercial to Multiple Residential; Develo
Rezoning for a 2 storey building
400 m away · 2017 · under review
Rezoning from RA to CD (based on C-5); Development Permit to permit the development of a two-storey office building with surface parking in Fleetwood Town Centre.

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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