Property Type: Detached HouseOwnership: Freehold

16060 112 AVENUE

Surrey, BC V4N1R3

$2,780,000

8 bed8 bath4 parking5,965 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
8,015 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,206.91 (2025)

Interior

Basement
Finished, Full
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener

Building

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

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3150612
Listed
July 28, 2026
Time on market
On the market for 34 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.

Description

A statement of luxury, scale and timeless family living. Situated in the heart of prestigious Fraser Heights, this custom-built 5,965 SF estate residence rests on an expansive 8,015 SF lot with PARKSIDE living and a sun-filled south-facing backyard. Designed with elegance and multi-generational living in mind, this 8 bed/8 bath home offers grand principal rooms, generous bedrooms and refined craftsmanship throughout. The main floor delivers formal living and dining spaces, an impressive family room and chef-inspired kitchen appointed with premium JennAir appliances and seamless indoor/outdoor flow to the private backyard - ideal for entertaining and everyday enjoyment. Upstairs presents a hotel-like family setting with spacious bedrooms and a beautiful primary retreat. (id:63159)

Values & Trends

This listing

$466/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 4 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

30

7/9 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

SchoolTypeDistance
Erma Stephenson ElementaryElementary623 m
Fraser Heights SecondaryElementary834 m
Dogwood ElementaryElementary1.2 km
Fraser Wood ElementaryElementary1.2 km
Harold Bishop ElementaryElementary1.9 km
Pacific Academy(Independent)K-122.4 km
Holly ElementaryElementary2.5 km
Ecole Riverdale ElementaryElementary2.7 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

Restaurants (3)

  • Pho Hung727 m
  • DDDN Pan Pizza · 16033 108 Avenue771 m
  • Doma Sushi · 10633 108 Avenue781 m

Cafes (1)

  • Tim Hortons · 16033 108 Avenue798 m

Grocery (1)

  • Nesters Market · 16033 108 Avenue721 m

Parks (5+)

  • Fraser View Park284 m
  • North Point Park497 m
  • J.R. Douglas Park583 m
  • North Point Park634 m
  • Unnamed695 m

Shopping (3)

  • Unnamed726 m
  • Unnamed · 16033 108 Avenue765 m
  • Unnamed773 m

Pharmacies (1)

  • Fraser Heights Pharmacy · 16033 108 Avenue733 m

Banks & ATMs (1)

  • Scotiabank792 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($556,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,224,000.00
Periodic payment — Principal & Interest (monthly)$14,348.49
Additional monthly expenses (strata, tax, utilities, etc.)$1,065.24
Total monthly cost$15,413.74
Interest paid over 5-yr term$637,404.79
Balance at end of term$2,000,495.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$556,000
Stress test qualifying rate8.09%
Payment you must qualify for$17,101.78

Cash Needed at Closing

Minimum down payment$556,000
Estimated BC PTT$61,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$618,900

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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