Property Type: Detached HouseOwnership: Freehold

16117 108 AVENUE

Surrey, BC V4N1P2

$2,680,000

11 bed9 bath6 parking6,039 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Lot size
8,171 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,636.99 (2024)

Interior

Basement
Finished, Full, Separate entrance
Heating
Baseboard heaters, Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3148205
Listed
July 20, 2026
Time on market
On the market for 42 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: 1NE Collective Realty Inc. · Data source: CREA DDF.

Description

Built on an 8171 sqft lot, this property boasts a spacious 6033 sqft area with 11 bedrooms and 9 baths , showcasing meticulous attention to detail with no expenses spared. Each room offers ample space, complemented by features such as central air-conditioning, radiant hot-water heat, HRV system, and a security camera system. Enjoy the convenience of high-efficiency hot-water furnace , premium appliances, covered patios/decks , and a double garage with gated driveway. Basement legal suite could be a mortgage helper. Benefit from the reassurance of a 2-5-10 new home warranty. OPEN HOUSE Saturday, August 8th 2:00 - 4:00 pm. (id:63159)

Values & Trends

This listing

$444/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 6 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

70

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

SchoolTypeDistance
Fraser Heights SecondaryElementary118 m
Erma Stephenson ElementaryElementary338 m
Fraser Wood ElementaryElementary675 m
Dogwood ElementaryElementary833 m
Harold Bishop ElementaryElementary1.2 km
Pacific Academy(Independent)K-121.8 km
William F. Davidson ElementaryElementary2.1 km
Holly ElementaryElementary2.3 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 108 Ave @ 162 St125 m
Southbound 160 St @ 108 Ave254 m
Westbound 108 Ave @ 160 St285 m
Westbound 108 Ave @ 164 St521 m
Eastbound 108 Ave @ 158 St570 m

Nearby Places

Restaurants (3)

  • Doma Sushi · 10633 108 Avenue139 m
  • DDDN Pan Pizza · 16033 108 Avenue141 m
  • Pho Hung200 m

Cafes (2)

  • Tim Hortons · 16033 108 Avenue136 m
  • Starbucks · 15976 108 Avenue306 m

Grocery (1)

  • Nesters Market · 16033 108 Avenue168 m

Parks (5+)

  • Unnamed94 m
  • North Point Park152 m
  • North Point Park306 m
  • J.R. Douglas Park343 m
  • Fraser Heights Park423 m

Shopping (4)

  • Unnamed136 m
  • Unnamed · 16033 108 Avenue181 m
  • Unnamed216 m
  • Unnamed · 15976 108 Avenue283 m

Pharmacies (2)

  • Fraser Heights Pharmacy · 16033 108 Avenue224 m
  • Rexall · 15966 108 Avenue330 m

Banks & ATMs (2)

  • Scotiabank218 m
  • TD265 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($536,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,144,000.00
Periodic payment — Principal & Interest (monthly)$13,832.36
Additional monthly expenses (strata, tax, utilities, etc.)$1,105.08
Total monthly cost$14,937.44
Interest paid over 5-yr term$614,476.56
Balance at end of term$1,928,534.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$536,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,486.61

Cash Needed at Closing

Minimum down payment$536,000
Estimated BC PTT$58,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$595,900

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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