Property Type: Detached HouseOwnership: Freehold

11342 RIVER ROAD

Surrey, BC V3V2V6

$2,098,000

10 bed9 bath8 parking5,288 sqftBuilt 2024
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Amenities

Also listed: Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
6,095 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,705.82 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, River view, View (panoramic)

Parking

Total spaces
8 — covered indicated
Features
Garage

Listing Information

MLS®
R3146296
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Like Brand New, Luxury & CUSTOM BUILT, 10 BED 9 BATH, 5288 sqft living space, 3 Storey Beautiful Home! Main floor features Spacious & Inviting living room with huge windows to Enjoy the River & Mountain View, Contemporary Kitchen w/ Elegant Cabinetry & Large Island and Spice Kitchen. RADIANT HEAT & AIR CONDITIONING. Upstairs, 4 Large ENSUITE Bedrooms include Primary w/ 5 piece Luxury Ensuite. Downstairs features 3 RENTAL SUITES **(2+2+1)** Great for MORTGAGE HELPER! Basement also has a Guest bedroom for convenience. Amazing MOUNTAIN, RIVER & CITY VEIWS. Central location with easy access to Both Bridges, the Highway and SkyTrain. Book your private showing today! (id:63159)

Values & Trends

This listing

$397/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 8 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,325,500

Jul 2026

Average Sale Price

$1,364,812

Jul 2026

Monthly Sales

61

Jul 2026

Active Listings

692

Jul 2026

Sales-to-Active Ratio

9.0%

Jul 2026

Median Days to Contract

43 days

Jul 2026

MLS® HPI Benchmark Price

$1,793,500
$1,325,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Langley

Clear

13°C

Clear

Humidity 92%

Wind NW 4 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Royal Heights ElementaryElementary704 m
Annieville ElementaryElementary1.1 km
Delview SecondarySecondary1.5 km
Gibson ElementaryElementary1.6 km
L.A. Matheson SecondarySecondary1.9 km
Devon Gardens ElementaryElementary1.9 km
Kirkbride ElementaryElementary2.1 km
Cedar Hills ElementaryElementary2.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Eastbound 96 Ave @ 114 St488 m
Southbound 114 St @ 95A Ave527 m
Northbound 114 St @ 95 Ave622 m
Eastbound River Rd @ Knudson Rd632 m
Westbound 96 Ave @ 116 St669 m

Nearby Places

Parks (2)

  • Royal Heights Park282 m
  • Bailey Crescent Park611 m

Banks & ATMs (1)

  • Bitcoin ATM Localcoin · 9595 116 Street709 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($419,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,678,400.00
Periodic payment — Principal & Interest (monthly)$10,828.47
Additional monthly expenses (strata, tax, utilities, etc.)$1,156.15
Total monthly cost$11,984.62
Interest paid over 5-yr term$481,034.26
Balance at end of term$1,509,726.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$419,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,906.31

Cash Needed at Closing

Minimum down payment$419,600
Estimated BC PTT$40,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,040

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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