Property Type: Detached HouseOwnership: Freehold

14863 87A AVENUE

Surrey, BC V3S5X4

$1,449,000

5 bed3 bath5 parking1,911 sqftBuilt 1979
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
House
Lot size
7,281 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,297 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
5 — covered indicated
Features
Garage, Carport, RV

Listing Information

MLS®
R3106038
Listed
April 3, 2026
Time on market
On the market for 150 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Welcome to 14863 87A Avenue! Falls in transit oriented area with great potential for development. Nestled on a generous 7,280 sq ft lot, this South-facing home offers exceptional privacy on a quiet, low-traffic street. It's an ideal opportunity for buyers seeking a well-located property close to transit and within walking distance to both elementary and secondary schools. The home features 5 bedrooms and 3 bathrooms (2 full and 1 half), along with a dedicated storage room and laundry area. A spacious, covered sundeck provides a perfect spot for relaxing or entertaining. The private, landscaped yard includes lane access with RV parking potential. Downstairs you'll find a 2-bedroom unauthorized suite with its own separate entrance-perfect for extended family or as a mortgage helper (id:63159)

Values & Trends

This listing

$758/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 5 stall(s) includedStorage locker: Included

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

14°C

Clear

Humidity 87%

Wind S calm km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

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

26

5/9 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
Maple Green ElementaryElementary522 m
Cornerstone Montessori School(Independent)Elementary790 m
Green Timbers ElementaryElementary940 m
Enver Creek SecondaryElementary986 m
Janice Churchill ElementaryElementary1.2 km
Brookside ElementaryElementary1.3 km
Berkshire Park ElementaryElementary1.6 km
SAIL SecondarySecondary1.8 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 88 Ave @ 148 St123 m
Southbound 148 St @ 88 Ave148 m
Northbound 148 St @ 86B Ave190 m
Westbound 88 Ave @ 148 St198 m
Northbound 148 St @ 88 Ave206 m

Nearby Places

Restaurants (1)

  • Pho 99 · 8934 152 Street779 m

Cafes (2)

  • Starbucks · 8898 152 Street756 m
  • BBQ King Delight766 m

Grocery (1)

  • Safeway · 8870;8860 152 Street734 m

Parks (5+)

  • 43C - Greenbelt66 m
  • 43H - Greenbelt · 8727 148 Street252 m
  • 43L - Detention Pond · 8614 148 Street310 m
  • Maple Green Park384 m
  • Unnamed440 m

Pharmacies (2)

  • Pharmasave · 15168 Fraser Highway744 m
  • Shoppers Drug Mart · 8962 152 Street799 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($119,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,159,200.00
Periodic payment — Principal & Interest (monthly)$7,478.77
Additional monthly expenses (strata, tax, utilities, etc.)$537.42
Total monthly cost$8,016.18
Interest paid over 5-yr term$332,230.05
Balance at end of term$1,042,704.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$119,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,220.31

Cash Needed at Closing

Minimum down payment$119,900
Estimated BC PTT$26,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,380

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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