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$1,552,000

8 2603 162 STREET

Surrey · MLS® R3146081

All units at 2603 162 St →

4 bed · 5 bath · 3,850 sq ft · 2 parking

Condo · Single Family · built 2009 · 87 days on market

Listed by Vivian Liao, RA Realty Alliance Inc.

Realtor's description

VINTERRA-Executive living in one of South Surrey's most desirable communities! This spacious 3,850sf townhouse offers 4 bdrms + 5 bths w the feel of a detached home. Luxurious primary bdrm on the main w a spa-inspired ensuite. Soaring 19' ceilings create a bright & elegant living space. Gourmet kitchen opens to the dining area. Upstairs offers 2 spacious ensuite bdrms and an office. Lower level features a 4th bdrm and a large recreation rm with mirrors. 2023 and 2026 updates: fresh paint, new bth, new appliances, polished floors, polished cabinets, and crystal light fixtures, EV charger equipped. Close to shopping, restaurants, and top-rated schools including Semiahmoo Secondary & Sunnyside Elementary. Open House: Sept.26th& Sept. 27th, 2-4PM. Don't miss this exceptional home!

Property details

Type: Condo, Single Family
Bedrooms: 4
Bathrooms: 5
Living area: 3,850 sq ft
Parking: 2
Year built: 2009
Property tax: $5,633 / yr
Strata fee: $759 / mo ($0.20 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 87
MLS®: R3146081

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

2026 assessment: $1,483,000 · asking is +4.7%
Price per sq ft: $403 vs $673 median for condos in Surrey for sale (986)

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 87 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 87 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,483,000	$5,083

The listing shows $5,633 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

$7,990/mo

Mortgage $6,762 · Tax $469 · Strata $759

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

estimated payment

$6,762/ monthly

loan $1,241,600

25-year amortization

down payment20% · $310,40020%+ 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: $786,975
property transfer tax: $29,040; BC general rate
cash to close: $339,440; down + PTT
total paid: $2,028,575

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: −$6,226/mo
Cap rate: 0.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $6,762 · tax $469 · strata $759 · insurance ~$35 · 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: 40,907 m² (440,319 sq ft) · PID 028-505-557. 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 Sunnyside Elementaryhomes in this catchment
900 m away · 2828 159 St, Surrey · 604-531-4826
Secondary Grandview Heights Secondaryhomes in this catchment
1.5 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.

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