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$2,199,900

7585 143 STREET

Surrey · MLS® R3155567

9 bed · 9 bath · 5,973 sq ft · 7,305 sq ft lot · 6 parking

House · Single Family · built 2019 · 57 days on market

Listed by Gurinder Cheema, RE/MAX Performance Realty

Realtor's description

In the heart of East Newton,Custom built home on LUC lot almost 6000 SQFT living space featuring 9 bedrooms and 9 baths. The main level impresses with its spacious kitchen, great room, office, spice kitchen, and media room. Upstairs features 2 master berdrooms,4 bedroom and 4 full bathroom. Upgrades abound, featuring air conditioning, radiant heat, a top-notch security system, exquisite flooring, quartz countertops, and elegant lighting fixtures throughout. Additionally, the bonus suites (2+1+1). This home is a true marvel, blending luxury, comfort, and practicality in a way that surpasses expectations.

Property details

Type: House, Single Family
Bedrooms: 9
Bathrooms: 9
Living area: 5,973 sq ft
Lot: 7,305 sq ft
Parking: 6
Year built: 2019
Property tax: $10,928 / yr
Days on market: 57
MLS®: R3155567

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Alarm System

Price check

Below typical for the area (-31%)

2026 assessment: $2,307,000 · asking is -4.6%
Price per sq ft: $368 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 57 days · no price changes so far

The market here

Listed now: 64 days; median for 1905 houses for sale; this one 57 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,307,000	$7,907

The listing shows $10,928 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

$10,495/mo

Mortgage $9,585 · Tax $911

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

estimated payment

$9,585/ monthly

loan $1,759,920

25-year amortization

down payment20% · $439,98020%+ 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: $1,115,506
property transfer tax: $43,997; BC general rate
cash to close: $483,977; down + PTT
total paid: $2,875,426

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

Suite rent: $1,602/mo
Your cost after the suite: $9,197/mo; vs $10,670 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $9,585 · tax $911 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 676 m² (7,276 sq ft) · PID 000-680-711. 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 M.B. Sanford Elementaryhomes in this catchment
600 m away · 7318 143 St, Surrey · 604-596-7517
Secondary Frank Hurt Secondaryhomes in this catchment
700 m away · 13940 77 Ave, Surrey · 604-590-1311

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.

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