Property Type: DuplexOwnership: Freehold

1576 161 STREET

Surrey, BC V4A4X8

$1,030,000

4 bed2 bath3 parking1,767 sqftBuilt 1984
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Property Details

Property & Lot

Sub-type
Duplex
Style
Other, 2 Level

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$3,491 (2025)

Interior

Basement
None, Unknown
Heating
Forced air
Fireplace
None

Building

Water source
Municipal water
Sewer
Sanitary sewer, Storm sewer
Utilities
Water, Natural Gas, Electricity

Parking

Total spaces
3 — covered indicated
Features
Garage, Carport

Listing Information

MLS®
R3157879
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: LPT Realty ULC · Data source: CREA DDF.

Description

Fully renovated 4-bedroom, 2-bathroom half-duplex on a nearly 5,000 sq.ft. lot in the heart of South Surrey! Thoughtfully updated with quality craftsmanship throughout, this move-in-ready home features a bright open-concept layout, a stunning designer kitchen with premium cabinetry, quality countertops, stainless steel appliances, stylish flooring, modern lighting, and beautifully renovated bathrooms. The self-contained 1-bedroom unauthorized suite offers excellent mortgage-helper potential or space for extended family. Enjoy a large, private fenced backyard perfect for kids, pets, and entertaining. NO strata fees! Prime location close to schools, shopping, transit, Peace Arch Hospital, and White Rock Beach. Some photos are virtually staged. (id:63159)

Values & Trends

This listing

$583/sqft

Building average

No other active listings in this building

Surrey average

$570/sqft

115 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.

Location Insights

Weather

Nearest station: Langley

Mainly Clear

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

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
South Meridian ElementaryElementary563 m
Earl Marriott SecondaryElementary677 m
Peace Arch ElementaryElementary700 m
Jessie Lee ElementaryElementary1.7 km
Edgewood ElementaryElementary1.8 km
White Rock ElementaryElementary1.8 km
St John Paul II Academy(Independent)Secondary1.9 km
Newbridge Academy(Independent)Elementary2.0 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 16 Ave @ King George Blvd76 m
Southbound King George Blvd @ 16 Ave86 m
Northbound King George Blvd @ 16 Ave121 m
Eastbound 16 Ave @ 160 St185 m
Southbound Stayte Rd @ North Bluff Rd227 m

Nearby Places

Parks (5+)

  • Unnamed263 m
  • Wood Playground401 m
  • MacCaud Park659 m
  • Alderwood Park · 1760 Lilac Drive679 m
  • Carlson Creek protected area park693 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($78,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$824,000.00
Periodic payment — Principal & Interest (monthly)$5,316.17
Additional monthly expenses (strata, tax, utilities, etc.)$378.92
Total monthly cost$5,695.09
Interest paid over 5-yr term$236,160.77
Balance at end of term$741,190.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$78,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,320.55

Cash Needed at Closing

Minimum down payment$78,000
Estimated BC PTT$18,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$98,100

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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