6061 163 Street

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

suite rent

$2,120/mo

your cost after the suite

$7,126/mo

vs $9,076 without it

Costs: mortgage $8,274 · tax $627 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in Surrey: CMHC's average there ($1,872) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Surrey School District 36

• Elementary A.J. McLellan Elementaryhomes in this catchment

  600 m away · 16545 61 Ave, Surrey · 604-574-7296

• Secondary Lord Tweedsmuir Secondaryhomes in this catchment

  3.5 km away · 6151 180 St, Surrey · 778-242-7545

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.