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$1,625,000

8406 152 STREET

Surrey · MLS® R3169712

5 bed · 2 bath · 2,004 sq ft · 14,215 sq ft lot

House · Single Family · built 1958 · 9 days on market

Listed by Jiwei Cheng, Homelife Benchmark Realty Corp.

Realtor's description

1/3 acre corner lot situated in Stage 1 Fleetwood Plan, designated for mixed use of baseline 2.2 F.A.R. Rancher with two suites offers remarkable revenue plus backyard parking lot rent. The current zoning, location and condition of the property provides a buyer all the flexibilities: the strong cashflow supports either holding the property for future redevelopment in the Fleetwood Plan or subdivision into smaller Small Scale Multi Unit Housing building lots or simply building your dream house on a big corner lot that is within a walkable distance to the new Skytrain station at 152 St + Fraser Hwy. Call today to learn all potentials with professional guidance.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 2,004 sq ft
Lot: 14,215 sq ft
Parking: 0
Year built: 1958
Property tax: $5,775 / yr
Days on market: 9
MLS®: R3169712

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

2026 assessment: $1,423,800 · asking is +14%
Price per sq ft: $811 vs $531 median for houses in Surrey for sale (1874)

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 9 days

The market here

Listed now: 63 days; median for 1874 houses for sale; this one 9 days

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

Monthly cost

$7,561/mo

Mortgage $7,080 · Tax $481

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

estimated payment

$7,080/ monthly

loan $1,300,000

25-year amortization

down payment20% · $325,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $823,991
property transfer tax: $30,500; BC general rate
cash to close: $355,500; down + PTT
total paid: $2,123,991

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: $6,262/mo; vs $7,736 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,080 · tax $481 · 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

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Coyote Creek Elementaryhomes in this catchment
1000 m away · 8131 156 St, Surrey · 604-597-0858
Secondary Fleetwood Park Secondaryhomes in this catchment
1.3 km away · 7940 156 St, Surrey · 604-597-2301

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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