Property Type: Other

1504 160 STREET

Surrey, BC V4A4W9

$1,750,000

61
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63
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Property Details

Ownership & Fees

Property type
Other
Annual property tax
$8,163.69 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8077106
Listed
March 17, 2026
Time on market
On the market for 179 days
Tax assessment year
2025
Data last synced
September 13, 2026

Listing provided by: YPA Your Property Agent · Data source: CREA DDF.

Description

Exceptional opportunity in prime South Surrey! Set on an 8,600 sq. ft. lot with 6,467 sq. ft. of built space, this rare RMS-1 (Special Care Housing) property offers incredible flexibility. The front features a self-contained 2 bed, 2 bath home, while the main building offers 11 rooms, large washrooms, elevator, wheelchair access, staff areas, and a commercial kitchen-ideal for assisted living, community care, senior housing, health services, or childcare (buyer to verify). Ample parking, garage, workshop, and RV space. Potential $10,000+ monthly income or future redevelopment upside! Listing contains both virtually staged and original photos. Also on Residential Section - R3095342 (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Surrey average

$814/sqft

63 active listing(s)

Parking: Not indicatedStorage 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.

Location Insights

Weather

Nearest station: Langley

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 70%

Wind NW 7 km/h

Tonight

13°

Sunday

17°

Sunday night

13°

Monday

18°

Monday night

13°

Tuesday

19°

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.

Nearby Schools

SchoolTypeDistance
Peace Arch ElementaryElementary474 m
Earl Marriott SecondaryElementary517 m
South Meridian ElementaryElementary593 m
White Rock ElementaryElementary1.6 km
Jessie Lee ElementaryElementary1.7 km
St John Paul II Academy(Independent)Secondary1.7 km
Newbridge Academy(Independent)Elementary1.9 km
Edgewood 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
Westbound Russell Ave @ Stayte Rd57 m
Southbound Stayte Rd @ North Bluff Rd89 m
Northbound 160 St @ 14 Ave178 m
Eastbound 16 Ave @ 160 St189 m
Eastbound Russell Ave @ Habgood St204 m

Nearby Places

Parks (4)

  • MacCaud Park442 m
  • Unnamed486 m
  • Wood Playground586 m
  • Alderwood Park · 1760 Lilac Drive646 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($350,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,400,000.00
Periodic payment — Principal & Interest (monthly)$9,032.32
Additional monthly expenses (strata, tax, utilities, etc.)$680.31
Total monthly cost$9,712.63
Interest paid over 5-yr term$401,244.02
Balance at end of term$1,259,304.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$350,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,765.51

Cash Needed at Closing

Minimum down payment$350,000
Estimated BC PTT$33,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,500

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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