Property Type: Detached HouseOwnership: Freehold

15428 MADRONA DRIVE

Surrey, BC V4A5N3

$1,299,000

3 bed2 bath3 parking1,523 sqftBuilt 1978
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Amenities

Also listed: Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
7,281 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,390.27 (2025)

Interior

Basement
None, Unknown
Heating
Heat Pump, Forced air
Fireplace
Yes (1)

Parking

Total spaces
3 — covered indicated
Features
Garage

Listing Information

MLS®
R3119958
Listed
May 6, 2026
Time on market
On the market for 117 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Charming Cape Cod-style home in South Surrey featuring 3 bedrooms, 1.5 baths, and a spacious upstairs games room. Enjoy hardwood floors, vinyl windows, and a new washer and dryer. All appliances are under 8 years old. Upgrades include an on-demand hot water system, high-efficiency furnace with A/C, and a UV air purification system for clean indoor air. A water filtration system adds extra comfort. Step outside to your private south-facing backyard oasis with a hot tub and sauna. Covered patio for year round use. Bonus: a large detached flex room with acoustic drywall-perfect for a workshop, media room, playroom, or whatever suits your lifestyle. (id:63159)

Values & Trends

This listing

$853/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 3 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

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

44

8/9 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
Jessie Lee ElementaryElementary152 m
White Rock Christian Academy(Independent)K-12564 m
Newbridge Academy(Independent)Elementary640 m
Star of the Sea(Independent)Elementary957 m
Earl Marriott SecondaryElementary1.3 km
Semiahmoo SecondaryElementary1.5 km
Southridge School(Independent)K-121.5 km
H T Thrift ElementaryElementary1.5 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
Northbound King George Blvd @ 156 St406 m
Southbound King George Blvd @ 156 St406 m
Northbound 152 St @ 22 Ave470 m
Southbound King George Blvd @ 24 Ave477 m
Southbound 152 St @ 22 Ave486 m

Nearby Places

Restaurants (5+)

  • Golden Lion Restaurant · 2377 King George Boulevard419 m
  • Red Rose Restaurant · 2381 King George Boulevard452 m
  • Maple Sushi Japanese Restaurant · 2385 King George Boulevard454 m
  • Horhay Tex-Mex · 2336 King George Boulevard480 m
  • KW Gardens Restaurant · 2338 King George Boulevard485 m

Cafes (4)

  • Tim Hortons · 2360 King George Boulevard498 m
  • Unnamed571 m
  • CoCo Fresh Tea & Juice586 m
  • Starbucks · 15355 24 Avenue661 m

Grocery (2)

  • Bulk Barn · 15355 24 Avenue545 m
  • Safeway · 15355 24 Avenue646 m

Parks (5+)

  • Unnamed233 m
  • Jessie Lee Park256 m
  • Unnamed269 m
  • Unnamed297 m
  • Unnamed456 m

Shopping (1)

  • Windsor Square646 m

Gyms (5+)

  • Groundwork Athletics South Surrey · 2255 King George Boulevard331 m
  • Kingdom Athletics · 2355 King George Boulevard400 m
  • 30 Minute Hit · 2404 King George Boulevard549 m
  • Combat Athletics™ Canada · 15515 24 Avenue562 m
  • 24 HR Sandcastle Fitness · 1938 152 Street578 m

Pharmacies (4)

  • Pure Integrative Pharmacy · 15388 24 Avenue504 m
  • Peoples Shifa Pharmacy · 2388 156 Street588 m
  • London Drugs · 15355 24 Avenue637 m
  • The Medicine Shoppe · 1959 152 Street644 m

Banks & ATMs (2)

  • BMO646 m
  • Techmate - Bitcoin Well ATM · 15355 24 Avenue725 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$525.19
Total monthly cost$7,229.75
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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