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$849,900

53 17516 4 AVENUE

Surrey · MLS® R3153273

All units at 17516 4 Ave →

2 bed · 2 bath · 1,288 sq ft · 2 parking

Townhouse · Single Family · built 2003 · 64 days on market

Listed by Garrett Chu, RE/MAX City Realty

Realtor's description

Original owner, ground-level rancher at desirable Douglas Point. This 1,288 sq ft two-bedroom, two bathroom home has been immaculately maintained and features the highly coveted DOUBLE garage plan. The gated strata is incredibly well managed with recent updates including a new roof in 2022 & new exterior fencing in 2025. Additional updates to the unit inc a new high-efficiency furnace in 2022 & hot water tank in 2023. East-facing, private patio stays much cooler in high temperatures but still offers plenty of natural sunlight. This side of the complex also does not have a three-story townhouse complex looking into its rear yard. Exceptionally located close to all amenities with easy access to Highway 99. Owners have access to a well-appointed clubhouse and bonus RV parking available for rent.

Property details

Type: Townhouse, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,288 sq ft
Parking: 2
Year built: 2003
Property tax: $3,750 / yr
Strata fee: $543 / mo ($0.42 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 64
MLS®: R3153273

Features

Pets Allowed With Restrictions
Rentals Allowed

Floor plans

Found among the listing photos.

Price check

Above typical for the area (+31%)

2026 assessment: $833,000 · asking is +2.0%
Price per sq ft: $660 vs $504 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 64 days · no price changes so far

The market here

Listed now: 51 days; median for 882 townhouses for sale; this one 64 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$833,000	$2,855

The listing shows $3,750 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

$4,558/mo

Mortgage $3,703 · Tax $312 · Strata $543

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

estimated payment

$3,703/ monthly

loan $679,920

25-year amortization

down payment20% · $169,98020%+ 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: $430,960
property transfer tax: $14,998; BC general rate
cash to close: $184,978; down + PTT
total paid: $1,110,880

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: $1,872/mo
After all costs: −$3,011/mo
Cap rate: 1.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,703 · tax $312 · strata $543 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Douglas Elementaryhomes in this catchment
500 m away · 17325 2 Ave, Surrey · 604-535-0180
Secondary Earl Marriott Secondaryhomes in this catchment
4.2 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.

Development nearby

Rezoning
320 m away · 2024 · concluded
Rezoning from Comprehensive Development Zone (CD) (Bylaw No. 20405) to High Density Townhouse Zone (MR4); Development Variance Permit (a) to increase the front (south) yard setback of the MR4 Zone from 4.5 metres to 6.0 metres at the principal building face of buildings 2 and 3 and to 6.7 metres at the side building face of building 1; (b) to reduce the minimum side (east) yard setback of the MR4

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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