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$865,000

85 16561 17A AVENUE

Surrey · MLS® R3161135

All units at 16561 17a Ave →

4 bed · 4 bath · 1,790 sq ft · 2 parking

Townhouse · Single Family · built 2022 · 37 days on market

Listed by Peter Shan, Nu Stream Realty Inc.

Realtor's description

Nestled in the vibrant South Grandview area, this CORNER stylish, functional, bright townhouse showcases West Coast contemporary design with 4 bed&4 baths, featuring a sleek island kitchen, high ceilings, and a main floor powder room for effortless entertaining. The versatile lower level includes a bonus bedroom with a full bath, ideal for elders, guests or a home office while the spacious master suite boasts a walk in closet and a private ensuite with double sinks. Practical luxuries include a double garage with epoxy flooring, forced air heating, and central air etc. Enjoy over 50,000 sqft. of landscaped outdoor amenities, including a Club House with a basketball court,gym,and BBQ area. Just minutes from Grandview Corners, Morgan Crossing, parks, schools, Hwy 99 etc..

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 1,790 sq ft
Parking: 2
Year built: 2022
Property tax: $4,243 / yr
Strata fee: $290 / mo ($0.16 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 37
MLS®: R3161135

Features

Pets Allowed
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Typical for the area (-3.9%)

2026 assessment: $977,000 · asking is -11%
Price per sq ft: $483 vs $503 median for townhouses in Surrey for sale (868)

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 37 days · no price changes so far

The market here

Listed now: 51 days; median for 882 townhouses for sale; this one 37 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$977,000	$3,348

The listing shows $4,243 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

$4,412/mo

Mortgage $3,769 · Tax $354 · Strata $290

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

estimated payment

$3,769/ monthly

loan $692,000

25-year amortization

down payment20% · $173,00020%+ 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: $438,617
property transfer tax: $15,300; BC general rate
cash to close: $188,300; down + PTT
total paid: $1,130,617

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: −$2,788/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,769 · tax $354 · strata $290 · insurance ~$175 · 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: 33,590 m² (361,559 sq ft) · PID 031-938-787. 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 Ta'talu Elementaryhomes in this catchment
Secondary Earl Marriott Secondaryhomes in this catchment
1.6 km away · 15751 16 Ave, Surrey · 604-531-8354

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 for a 6 storey building
310 m away · 2023 · conditionally approved
Rezoning from One-Acre Residential Zone (RA) to Comprehensive Development Zone (CD) (based on RM-70); Subdivision from one (1) lot to two (2) lots in order to convey the Drainage Corridor Area; OCP Amendment for a portion of the site from Mixed Employment to Multiple Residential. OCP Amendment to allow an FAR of 2.5 for the site within the Multiple Residential land use designation. OCP Amendment t
Rezoning
350 m away · 2024 · conditionally approved
Rezoning from Acreage Residential Zone (RA) to Comprehensive Development Zone (CD) (based on Community Commercial Zone (C-8); Subdivision (Consolidation) from two (2) lots into one (1) lot; Official Community Plan (OCP) Amendment to allow a higher floor area ratio (FAR) within the Mixed Employment designation; Development Permit to permit the development of three commercial office buildings with g

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.

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