1 / 40

$1,385,000

5821 188 STREET

Surrey · MLS® R3134469

4 bed · 3 bath · 2,648 sq ft · 6,410 sq ft lot · 6 parking

House · Single Family · built 1998 · 121 days on market

Listed by Angela Caruso, Team 3000 Realty Ltd.

Realtor's description

Welcome to this beautiful RENOVATED 3 beds/2 baths OPEN CONCEPT RANCHER BUNGALOW located in desirable Cloverdale.Exterior just freshly painted professionally with a new color !Features include newer hot water tank, all new flooring throughout the main floor, new cabinets, granite counter tops and a gourmet chef's kitchen to entertain your guests around the large island. Upper loft has a secondary 1 bedroom suite with separate entrance and can be a mortgage helper or space for the older kids or in-laws. Walk out to your private landscaped backyard from the family room to enjoy your coffee. RV parking available! Walking distance to Sunrise Ridge Elementary School, trails, bus stops, Clayton Public House.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,648 sq ft
Lot: 6,410 sq ft
Parking: 6
Year built: 1998
Property tax: $5,285 / yr
Days on market: 121
MLS®: R3134469

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Compactor

Price check

Typical for the area (-1.6%)

2026 assessment: $1,281,000 · asking is +8.1%
Price per sq ft: $523 vs $532 median for houses in Surrey for sale (1849)

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 121 days · no price changes so far

The market here

Listed now: 64 days; median for 1905 houses for sale; this one 121 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,281,000	$4,390

The listing shows $5,285 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

$6,475/mo

Mortgage $6,034 · Tax $440

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

estimated payment

$6,034/ monthly

loan $1,108,000

25-year amortization

down payment20% · $277,00020%+ 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: $702,294
property transfer tax: $25,700; BC general rate
cash to close: $302,700; down + PTT
total paid: $1,810,294

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

Lot outline: 560 m² (6,028 sq ft) · PID 023-999-985. 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 Sunrise Ridge Elementaryhomes in this catchment
400 m away · 18690 60 Ave, Surrey · 604-576-3000
Secondary Clayton Heights Secondaryhomes in this catchment
2.4 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.

Development nearby

Rezoning
110 m away · 2025 · concluded
Rezoning from Urban Residential Zone (R3) to Child Care Zone (CCR); Development Variance Permit to permit a childcare centre for up to 25 children within an existing single-family dwelling.

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.