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$1,399,000

53 3355 MORGAN CREEK WAY

Surrey · MLS® R3161346

All units at 3355 Morgan Creek Way →

3 bed · 3 bath · 3,433 sq ft · 4 parking

Townhouse · Single Family · built 1998 · 35 days on market

Listed by Sandra Miller, The Agency White Rock

Realtor's description

Level-entry 2-storey backing onto woods and creek in Deer Run at Morgan Creek. Across from Morgan Creek Golf, trails out back, blocks to Aquatic Centre, shops and dining. Steps to Southridge; Morgan Creek Elementary and Grandview Heights Secondary catchments. Easy Hwy 99. Updated with maple hardwood, quartz counters, new sinks, faucets, backsplash, lighting, gas cooktop, fridge, dishwasher, W/D. Heat pump, new furnace and HWT, fully repiped. Radiant heat in baths and entry, forced air elsewhere. Island kitchen, peninsula fireplace between nook and family room, California shutters. Primary with walk-in and 5-pc ensuite, plus 2 bdrms up. Primary, nook and family room overlook terrace and gardens. Gated courtyard. Unfinished basement, roughed-in plumbing. Double garage, 2 uncovered.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 3,433 sq ft
Parking: 4
Year built: 1998
Property tax: $5,645 / yr
Strata fee: $745 / mo ($0.22 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 35
MLS®: R3161346

Buying in a building from 1982 to 2000: what to read first

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Central Vacuum
Dishwasher

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-19%)

2026 assessment: $1,386,000 · asking is +0.9%
Price per sq ft: $408 vs $504 median for townhouses in Surrey for sale (864)
Last sold: $1,306,500 · Aug 7, 2023

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 35 days · no price changes so far

The market here

Listed now: 51 days; median for 881 townhouses for sale; this one 35 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,386,000	$4,750

The listing shows $5,645 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

$7,311/mo

Mortgage $6,095 · Tax $470 · Strata $745

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

estimated payment

$6,095/ monthly

loan $1,119,200

25-year amortization

down payment20% · $279,80020%+ 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: $709,393
property transfer tax: $25,980; BC general rate
cash to close: $305,780; down + PTT
total paid: $1,828,593

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: −$5,686/mo
Cap rate: 0.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,095 · tax $470 · strata $745 · 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: 42,776 m² (460,437 sq ft) · PID 024-168-904. 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 Morgan Elementaryhomes in this catchment
600 m away · 3366 156a St, Surrey · 604-531-8426
Secondary Grandview Heights Secondaryhomes in this catchment
2.6 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 for a 4 storey, 119 unit building
300 m away · 2025 · conditionally approved
Rezoning portion of subject site from Comprehensive Development Zone (CD) (Bylaw No. 12961) and Comprehensive Development Zone (CD) (Bylaw No. 13973) to Comprehensive Development Zone (CD) (based on Multiple Residential 15 Zone (RM-15); Official Community Plan (OCP) Amendment for a portion from Urban to Multiple Residential; Neighbourhood Concept Plan (NCP) Amendment to Rosemary Heights Central to

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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