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$1,475,000

55 3355 MORGAN CREEK WAY

Surrey · MLS® R3163852

All units at 3355 Morgan Creek Way →

4 bed · 3 bath · 3,518 sq ft · 4 parking

Townhouse · Single Family · built 1999 · 28 days on market

Listed by Robbie Johal, RE/MAX 2000 Realty

Realtor's description

DEER RUN in prestigious Morgan Creek! Stunning 3,500+ sq.ft. rancher w/bsmt backing onto greenspace featuring 2 PRIMARY BDRMS ON MAIN+190 sq.ft. storage area. Extensively renoed w/designer kitchen, quartz counters, working island, Bosch gas range, D/W, microwave, W/D. Redesigned ensuite, powder rm, laundry & bsmt bath w/new quartz & tile. Upgrades incl laminate, carpets, lighting, plumbing, furnace, heat pump/AC, water filtration, B/I vac, screens, retractable door screens, Closets by Design, all inside doors w/hardware, baseboards & crown mouldings, Paint, 2" blinds bsmt, 3" faux wood shutters. Exterior upgrades incl tiered gardens, stonework, garage & storage man drs, garage drs/motors, driveway & sidewalk aggregate refinishing. DBLE garage+2 parking on pad. Too many upgrades to list!

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,518 sq ft
Parking: 4
Year built: 1999
Property tax: $5,436 / yr
Strata fee: $603 / mo ($0.17 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 28
MLS®: R3163852

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

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Wine Fridge

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-17%)

2026 assessment: $1,325,000 · asking is +11%
Price per sq ft: $419 vs $505 median for townhouses in Surrey for sale (873)

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 28 days · no price changes so far

The market here

Listed now: 51 days; median for 887 townhouses for sale; this one 28 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,325,000	$4,541
2025	$1,382,000	$4,296

Estimated tax up 5.7% from 2025 to 2026.

The listing shows $5,436 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

$7,482/mo

Mortgage $6,426 · Tax $453 · Strata $603

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

estimated payment

$6,426/ monthly

loan $1,180,000

25-year amortization

down payment20% · $295,00020%+ 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: $747,930
property transfer tax: $27,500; BC general rate
cash to close: $322,500; down + PTT
total paid: $1,927,930

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: −$5,858/mo
Cap rate: 0.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,426 · tax $453 · strata $603 · 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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