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$1,698,000

878 163A STREET

Surrey · MLS® R3134564

4 bed · 3 bath · 3,239 sq ft · 3,984 sq ft lot · 4 parking

House · Single Family · built 2022 · 121 days on market

Listed by Qi Yang, Sutton Group-West Coast Realty (Surrey/24)

Realtor's description

Situated on a family-friendly cul-de-sac in South Surrey, this home offers a peaceful living environment with a functional and flexible layout. Hardwood flooring on the main+upper levels adds warmth and durability, while the main floor features 10- foot ceilings, an open kitchen equipped with SS/ S appliances, a quartz island, and a Butler's Bar that creates a natural connection to the living area. Upstairs includes 3 bright bedrooms with bay windows and vaulted ceilings, highlighted by a primary bedroom with a spa-like ensuite, a flexible upper-level space works well as a home office or reading area. The basement provides a legal one-bedroom suite, a den and ample storage, offering added flexibility for extended family. Conveniently located close to shopping/ schools/parks/beach/trails.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,239 sq ft
Lot: 3,984 sq ft
Parking: 4
Year built: 2022
Property tax: $8,042 / yr
Days on market: 121
MLS®: R3134564

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Alarm System

Price check

Typical for the area (-1.4%)

2026 assessment: $1,806,000 · asking is -6.0%
Price per sq ft: $524 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 121 days · no price changes so far

The market here

Listed now: 64 days; median for 1905 houses for sale; this one 121 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,806,000	$6,190

The listing shows $8,042 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

$8,068/mo

Mortgage $7,398 · Tax $670

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

estimated payment

$7,398/ monthly

loan $1,358,400

25-year amortization

down payment20% · $339,60020%+ 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: $861,007
property transfer tax: $31,960; BC general rate
cash to close: $371,560; down + PTT
total paid: $2,219,407

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: 1,115 m² (12,002 sq ft). 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 South Meridian Elementaryhomes in this catchment
1.0 km away · 16244 13 Ave, Surrey · 604-538-7114
Secondary Earl Marriott Secondaryhomes in this catchment
2.0 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
120 m away · 2022 · under review
Rezoning from RF/CTA to RF/RF-13; Subdivision into 12 single family lots; Development Permit for Sensitive Ecosystems (Streamside and GIN) and Hazard Lands (Steep Slopes).
Rezoning
160 m away · 2021 · under review
Rezoning from R3 to R3 and R4 and Subdivision from one into 2 R3 lots and 6 R4 lots.

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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