15675 40TH AVENUE
Surrey, BC V3Z1E6
$3,399,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Ranch, Other
- Lot size
- 448,668 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $894.37 (2025)
Interior
- Basement
- Finished, Crawl space
- Heating
- Forced air, Electric, Natural gas
- Fireplace
- Yes (1)
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Alarm System, Storage Shed
Exterior & Lot
- View
- Mountain view, River view, Valley view
Building
- Water source
- Municipal water
- Sewer
- Septic tank
- Utilities
- Water, Natural Gas, Electricity
- Security
- Security system
Parking
- Total spaces
- 8 — uncovered indicated
- Features
- Open, None
Listing Information
- MLS®
- R3116588
- Listed
- April 29, 2026
- Time on market
- On the market for 125 days
- Tax assessment year
- 2025
- Data last synced
- September 1, 2026
Listing provided by: Macdonald Realty (Surrey/152) · Data source: CREA DDF.
Description
First time on the market!Rare opportunity to own 10+ acres of prime farmland in the sought-after Morgan Creek area. Enjoy the best of both worlds-peaceful rural living with modern conveniences minutes away. The updated 3-bedroom rancher is move-in ready, or rent it while planning your dream estate home. Versatile outbuildings include a 26x58 barn offering a concrete floor, electrical service, light and heat. An original shed/cabin "The Hermit Hut", dating back to the 1950's, adds charm and history. Two oversized, insulated 40-foot Seacans with 9' ceilings, colour-matched to the home, provide more secure storage. City water is a valuable bonus, and the property features incredibly rich "black gold" soil, a natural black peat considered the most fertile in the province.The Nicomekl River borders the rear of the property, where you can enjoy stunning sunsets and unobstructed views of North Shore Mtns. Walk next door to Mary's Garden market, and enjoy quick access to all major routes. Excellent school catchment. (id:63159)
Values & Trends
This listing
$3,246/sqft
Building average
—
No other active listings in this building
Surrey average
$690/sqft
1844 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Langley
16°C
Mainly Clear
Humidity 78%
Wind S 3 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
7
1/9 categories nearby
Transit
—
Not enough data yet
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
| School | Type | Distance |
|---|---|---|
| Rosemary Heights Elementary | Elementary | 890 m |
| Morgan Elementary | Elementary | 1.3 km |
| Sunnyside Elementary | Elementary | 2.4 km |
| Southridge School(Independent) | K-12 | 2.8 km |
| Semiahmoo Trail Elementary | Elementary | 3.0 km |
| Star of the Sea(Independent) | Elementary | 3.5 km |
| White Rock Christian Academy(Independent) | K-12 | 3.6 km |
| Jessie Lee Elementary | Elementary | 3.9 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
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (2)
- Unnamed331 m
- Unnamed783 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($679,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.