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$899,000

51 1639 162 STREET

Surrey · MLS® R3099614

All units at 1639 162 St →

4 bed · 3 bath · 1,493 sq ft · 2 parking

Townhouse · Single Family · built 2021 · 210 days on market

Listed by Tayyab Ahmad, Century 21 Coastal Realty Ltd.

Realtor's description

Welcome to Horizon, Well kept Corner unit in Surrey's vibrant Grandview Heights. This modern, three-level townhouse offers a blend of luxury and functionality. Featuring three spacious bedrooms on the upper level and a bed on the ground floor, this home is designed to accommodate diverse lifestyle needs. The open-concept main floor boasts heigh ceilings and expansive windows, ensuring ample natural light throughout the day. The contemporary kitchen is equipped with high-end stainless steel appliances, including a gas stove, catering to both everyday cooking and entertaining. Double car garage and a balcony on the second level, providing additional outdoor space with gas hookup and you can also enjoy the community's dedicated amenities

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 1,493 sq ft
Parking: 2
Year built: 2021
Property tax: $3,556 / yr
Strata fee: $379 / mo ($0.25 / sq ft)
Strata rules: Pets Allowed, Pets Allowed With Restrictions
Days on market: 210
MLS®: R3099614

Features

Pets Allowed
Pets Allowed With Restrictions
Washer
Refrigerator
Central Vacuum
Dishwasher

Price check

Above typical for the area (+20%)

2026 assessment: $910,000 · asking is -1.2%
Price per sq ft: $602 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 210 days · no price changes so far

The market here

Listed now: 51 days; median for 881 townhouses for sale; this one 210 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$910,000	$3,119
2025	$968,000	$3,009

Estimated tax up 3.7% from 2025 to 2026.

The listing shows $3,556 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

$4,592/mo

Mortgage $3,917 · Tax $296 · Strata $379

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

estimated payment

$3,917/ monthly

loan $719,200

25-year amortization

down payment20% · $179,80020%+ 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: $455,857
property transfer tax: $15,980; BC general rate
cash to close: $195,780; down + PTT
total paid: $1,175,057

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: −$2,968/mo
Cap rate: 1.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,917 · tax $296 · strata $379 · 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: 10,306 m² (110,933 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 South Meridian Elementaryhomes in this catchment
600 m away · 16244 13 Ave, Surrey · 604-538-7114
Secondary Earl Marriott Secondaryhomes in this catchment
800 m 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.

Development nearby

Rezoning for 20 homes
350 m away · 2018 · under review
OCP Amendment from Urban to Multiple Residential Rezoning from RM-D to RM-30 Subdivision from2 lots to 1 lot Development Permit and Development Variance Permit to construct 20 townhouse units.

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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