$1,400,000

8590 151A STREET

Surrey · MLS® R3164755

5 bed · 2 bath · 2,835 sq ft · 8,767 sq ft lot · 6 parking

House · Single Family · built 1962 · 22 days on market

Listed by Raj Sethi, Century 21 Coastal Realty Ltd.

Realtor's description

Excellent Opportunity for First-Time Home Buyers & Investors! This well-located home sits on a generous 8,700 sq. ft. corner lot and offers an ideal combination of space, location, and income potential. Perfect for first-time buyers looking to enter the market or investors seeking a property with strong rental potential, this home features a mortgage helper to assist with monthly expenses. Conveniently located close to shopping, schools, parks, transit, and all major amenities, this property offers excellent accessibility and everyday convenience. The spacious corner lot provides plenty of outdoor space and future possibilities, making this a fantastic opportunity to own in a desirable and convenient location.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 2
Living area: 2,835 sq ft
Lot: 8,767 sq ft
Parking: 6
Year built: 1962
Property tax: $6,465 / yr
Days on market: 22
MLS®: R3164755

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Typical for the area (-6.9%)

2026 assessment: $1,314,600 · asking is +6.5%
Price per sq ft: $494 vs $531 median for houses in Surrey for sale (1875)

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 22 days

The market here

Listed now: 63 days; median for 1875 houses for sale; this one 22 days

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

Monthly cost

$6,638/mo

Mortgage $6,100 · Tax $539

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

estimated payment

$6,100/ monthly

loan $1,120,000

25-year amortization

down payment20% · $280,00020%+ 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: $709,900
property transfer tax: $26,000; BC general rate
cash to close: $306,000; down + PTT
total paid: $1,829,900

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.

Location

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Maple Green Elementaryhomes in this catchment
500 m away · 14898 Spenser Dr, Surrey · 604-594-8838
Secondary Enver Creek Secondaryhomes in this catchment
1.3 km away · 14505 84 Ave, Surrey · 604-543-8149

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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