1 / 37

$2,849,000

5335 188 STREET

Surrey · MLS® R3164353

12 bed · 11 bath · 7,463 sq ft · 10,058 sq ft lot · 10 parking

House · Single Family · built 2025 · 26 days on market

Listed by Parwaz Gill, Saba Realty Ltd.

Realtor's description

A rare offering of scale, luxury and custom craftsmanship in one of Cloverdale's most desirable areas. Built in 2025, this stunning 12-bedroom, 11-bathroom residence offers nearly 7,500 SQFT of living space on a 10,000+ SQFT lot. Soaring 20-ft ceilings, high-end Fisher & Paykel appliances, a custom floating staircase, engineered hardwood, radiant heating, and custom finishes elevate the home throughout. The basement includes two separate 2-bedroom suites, ideal for extended family or rental income. Enjoy a private theatre, indoor sauna and expansive driveway with ample parking. Close to excellent schools, shopping, parks, recreation and major routes. Book your private showing today.

Property details

Type: House, Single Family
Bedrooms: 12
Bathrooms: 11
Living area: 7,463 sq ft
Lot: 10,058 sq ft
Parking: 10
Year built: 2025
Property tax: $11,525 / yr
Days on market: 26
MLS®: R3164353

Features

Washer
Refrigerator
Central Vacuum
Dishwasher
Wine Fridge
Stove

Price check

Below typical for the area (-28%)

2026 assessment: $2,791,000 · asking is +2.1%
Price per sq ft: $382 vs $531 median for houses in Surrey for sale (1875)
Last sold: $1,501,500 · Feb 8, 2024

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 26 days

The market here

Listed now: 63 days; median for 1875 houses for sale; this one 26 days

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

Monthly cost

$13,373/mo

Mortgage $12,413 · Tax $960

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

estimated payment

$12,413/ monthly

loan $2,279,200

25-year amortization

down payment20% · $569,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,444,646
property transfer tax: $63,470; BC general rate
cash to close: $633,270; down + PTT
total paid: $3,723,846

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.

Location

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Sunrise Ridge Elementaryhomes in this catchment
1.3 km away · 18690 60 Ave, Surrey · 604-576-3000
Secondary Clayton Heights Secondaryhomes in this catchment
3.3 km away · 7003 188 St, Surrey · 604-576-4138

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.

Good to know

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas