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$899,900

96 2738 158 STREET

Surrey · MLS® R3122972

All units at 2738 158 St →

4 bed · 4 bath · 1,977 sq ft · 2 parking

Townhouse · Single Family · built 2010 · 149 days on market

Listed by Steven C Li, Sutton Group - 1st West Realty

Realtor's description

Stunning Cathedral Grove townhome in the heart of Grandview! This bright and spacious 1,977 sq. ft. home offers 4 bedrooms and 3.5 bathrooms across 3 functional levels. Features include an open-concept layout, gourmet kitchen with island & stainless steel appliances, formal living and dining areas, a powder room on the main, and a sunny balcony off the family room. Side-by-side double garage. Enjoy resort-style amenities including a huge clubhouse with outdoor pool, gym, library, lounge & more. Prime walkable location close to Morgan Crossing, Grandview Corners, restaurants, shopping, Sunnyside Elementary & Southridge School.

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 1,977 sq ft
Parking: 2
Year built: 2010
Property tax: $3,777 / yr
Strata fee: $607 / mo ($0.31 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 149
MLS®: R3122972

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-9.8%)

2026 assessment: $1,013,000 · asking is -11%
Price per sq ft: $455 vs $504 median for townhouses in Surrey for sale (864)

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 149 days · no price changes so far

The market here

Listed now: 51 days; median for 881 townhouses for sale; this one 149 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,013,000	$3,472

The listing shows $3,777 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

$4,842/mo

Mortgage $3,921 · Tax $315 · Strata $607

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

estimated payment

$3,921/ monthly

loan $719,920

25-year amortization

down payment20% · $179,98020%+ 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: $456,313
property transfer tax: $15,998; BC general rate
cash to close: $195,978; down + PTT
total paid: $1,176,233

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: −$3,218/mo
Cap rate: 0.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,921 · tax $315 · strata $607 · 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: 40,311 m² (433,904 sq ft) · PID 028-271-441. 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 Sunnyside Elementaryhomes in this catchment
300 m away · 2828 159 St, Surrey · 604-531-4826
Secondary Grandview Heights Secondaryhomes in this catchment
2.4 km away · 16987 25 Ave, Surrey · 604-542-3320

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 5 storey building
330 m away · 2024 · under review
Rezoning from One Acre Residential Zone (RA) to Comprehensive Development Zone (CD) (based on Business Park 1 Zone (IB-1); Official Community Plan (OCP) Amendment to increase density from 1.0 FAR to 1.7 FAR; Local Area Plan (LAP) Amendment for a portion from buffer to Business Park/Light Industrial and to amend the Road Network; Development Permit in order to develop one five storey building and t

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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