15688 88 AVENUE
Surrey, BC V4N1G5
$1,799,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,529 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,216.25 (2025)
Interior
- Basement
- Finished, Full, Separate entrance
- Heating
- Radiant heat, Hot Water
- Fireplace
- Yes (1)
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
Building
- Water source
- Municipal water
- Sewer
- Sanitary sewer
Parking
- Total spaces
- 6 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3104868
- Listed
- March 31, 2026
- Time on market
- On the market for 153 days
- Tax assessment year
- 2025
- Data last synced
- August 30, 2026
Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.
Description
Prime Fleetwood investment opportunity with future redevelopment potential! This spacious 8 bed, 6 bath home sits on a large 7,500+ sq.ft. lot within the Fleetwood Plan area and is designated for future (5-6 sotry low-rise) residential development (buyer to verify with the City of Surrey). The home offers 4 bedrooms upstairs plus two fully finished basement suites with separate entrances - perfect for extended family or rental income. Conveniently located near schools, shopping, parks and the future Fleetwood SkyTrain extension, making this an excellent holding property with strong long-term value. (id:63159)
Values & Trends
This listing
$507/sqft
Building average
—
No other active listings in this building
Surrey average
$691/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
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
33
7/9 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
| School | Type | Distance |
|---|---|---|
| Woodland Park Elementary | Elementary | 542 m |
| St Matthew's Elementary(Independent) | Elementary | 844 m |
| Holy Cross Regional High School(Independent) | Secondary | 926 m |
| Surrey Christian School(Independent) | K-12 | 1.1 km |
| Frost Road Elementary | Elementary | 1.1 km |
| Berkshire Park Elementary | Elementary | 1.3 km |
| Coyote Creek Elementary | Elementary | 1.4 km |
| Serpentine Heights Elementary | Elementary | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound 88 Ave @ 156 St | — | 127 m |
| Westbound 88 Ave @ 158 St | — | 144 m |
| Northbound 156 St @ 88 Ave | — | 172 m |
| Eastbound Fraser Hwy @ 156 St | — | 194 m |
| Westbound 88 Ave @ 156 St | — | 227 m |
Nearby Places
Restaurants (5+)
- Denny's · 15373 Fraser Highway626 m
- Boston Pizza · 15980 Fraser Highway650 m
- Diamond sweets & restaurant · 15933-102 Fraser Highway653 m
- Phở Queen · 8645 160 Street718 m
- The Great Indian Cuisine · 15953 Fraser Highway729 m
Cafes (5+)
- Tim Hortons264 m
- Tim Hortons · 15551 Fraser Highway269 m
- Finest Cup · 8645 160 Street703 m
- Starbucks717 m
- Training Day Cafe · 8645 160 Street725 m
Grocery (4)
- Fruiticana · 15933 Fraser Highway663 m
- No Frills · 15355 Fraser Highway671 m
- Nanyang Asian Supermarket · 8645 160 Street729 m
- Fresh St. Market750 m
Parks (5+)
- 44I - Greenbelt · 15788 85 Avenue438 m
- 34H - Greenbelt534 m
- Woodland Park · 9095 158 Street625 m
- 34G - Greenbelt669 m
- Meagan Anne MacDougall Park797 m
Gyms (2)
- Spinhouse Cycling Studio · 8645 160 Street675 m
- Anytime Fitness · 8645 160 Street712 m
Pharmacies (1)
- The Village Pharmacy · 9025 160 Street665 m
Banks & ATMs (4)
- BMO640 m
- G&F Financial Group · 15910 Fraser Highway673 m
- Envision Financial709 m
- TD · 15960 Fraser Highway739 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($359,980) — 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.