8775 168 STREET

Surrey · MLS® R3151719

7 bed · 7 bath · 4,563 sq ft · 34,500 sq ft lot · 6 parking

House · Single Family · built 2016 · 70 days on market

Listed by Sanjeev Singh, Century 21 Coastal Realty Ltd.

Realtor's description

Prime investment and redevelopment opportunity in sought after Fleetwood! Rare 34,600+ sq. ft. corner property within the Fleetwood Town Centre Plan. This exceptional property features a custom-built 4,600+ sq. ft. luxury home with 7 bedrooms, 7 bathrooms, legal basement suite, and detached coach house, offering excellent holding income potential. Future redevelopment possibilities may include a four storey mixed-use retail and residential development with underground parking, potential FAR of 1.6 and approx. 55,360 sq. ft. buildable area, (buyer to verify with City of Surrey). Prime frontage on 88 Ave & 168 St, close to schools, shopping, recreation, future SkyTrain, and Hwy access. Buyers to conduct their own due diligence regarding zoning, density, permitted uses, and approvals.

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 7
Living area: 4,563 sq ft
Lot: 34,500 sq ft
Parking: 6
Year built: 2016
Property tax: $7,932 / yr
Days on market: 70
MLS®: R3151719

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

2026 assessment: $2,425,000 · asking is +230%
Price per sq ft: $1,753 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 70 days · no price changes so far

The market here

Listed now: 64 days; median for 1902 houses for sale; this one 70 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,425,000	$8,311

The listing shows $7,932 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

$35,516/mo

Mortgage $34,855 · Tax $661

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

estimated payment

$34,855/ monthly

loan $6,399,920

25-year amortization

down payment20% · $1,599,98020%+ 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: $4,056,519
property transfer tax: $317,995; BC general rate
cash to close: $1,917,975; down + PTT
total paid: $10,456,439

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

Lot outline: 3,215 m² (34,606 sq ft) · PID 002-803-275. 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 Frost Road Elementaryhomes in this catchment
1.2 km away · 8606 162 St, Surrey · 604-572-4050
Secondary North Surrey Secondaryhomes in this catchment
2.4 km away · 15945 96 Ave, Surrey · 604-581-4433

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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