Property Type: Detached HouseOwnership: Freehold

16129 108 AVENUE AVENUE

Surrey, BC V4N1P2

$2,599,999

7 bed6 bath7 parking4,521 sqftBuilt 2023
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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
$9,008.62 (2024)

Interior

Basement
Finished, Crawl space
Heating
Heat Pump, Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

Parking

Total spaces
7 — covered indicated
Features
Garage

Listing Information

MLS®
R3115758
Listed
April 25, 2026
Time on market
On the market for 129 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Nationwide Realty Corp. · Data source: CREA DDF.

Description

Luxury custom-built 2023 home in the heart of Fraser Heights. Just steps from Fraser Heights Secondary, Erma Stephenson Elementary, Nesters Plaza, Starbucks, Tim Hortons, restaurants, banking, walk-in clinic, parks, trails, tennis courts, and public transit. Centrally located with quick access to Highway 1 and Highway 17, and only minutes from Guildford Town Centre, Pacific Academy, Fraser Heights Recreation Centre, and Tynehead Regional Park. Offering 4,521 sq ft of living space on an 8,171 sq ft lot, this home features radiant in-floor heating including a heated garage, hardwood flooring, custom cabinetry, and a fully self-contained suite with separate entry. Enjoy a beautifully landscaped backyard with a custom fire pit, plus a double garage and parking for up to 7 vehicles. A rare opportunity to own a high-quality home combining luxury, comfort, and unmatched convenience in one of Fraser Heights' most desirable locations. (id:63159)

Values & Trends

This listing

$575/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 7 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 SecondaryElementary147 m
Erma Stephenson ElementaryElementary363 m
Fraser Wood ElementaryElementary646 m
Dogwood ElementaryElementary863 m
Harold Bishop ElementaryElementary1.3 km
Pacific Academy(Independent)K-121.8 km
William F. Davidson ElementaryElementary2.1 km
Bothwell Elementary SchoolElementary2.3 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 St94 m
Southbound 160 St @ 108 Ave284 m
Westbound 108 Ave @ 160 St316 m
Westbound 108 Ave @ 164 St490 m
Eastbound 108 Ave @ 158 St601 m

Nearby Places

Restaurants (3)

  • Doma Sushi · 10633 108 Avenue170 m
  • DDDN Pan Pizza · 16033 108 Avenue172 m
  • Pho Hung229 m

Cafes (2)

  • Tim Hortons · 16033 108 Avenue167 m
  • Starbucks · 15976 108 Avenue337 m

Grocery (1)

  • Nesters Market · 16033 108 Avenue197 m

Parks (5+)

  • Unnamed79 m
  • North Point Park162 m
  • North Point Park318 m
  • J.R. Douglas Park324 m
  • Fraser Heights Park422 m

Shopping (4)

  • Unnamed167 m
  • Unnamed · 16033 108 Avenue212 m
  • Unnamed246 m
  • Unnamed · 15976 108 Avenue314 m

Pharmacies (2)

  • Fraser Heights Pharmacy · 16033 108 Avenue254 m
  • Rexall · 15966 108 Avenue360 m

Banks & ATMs (2)

  • Scotiabank249 m
  • TD295 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($520,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,999.00
Periodic payment — Principal & Interest (monthly)$13,419.45
Additional monthly expenses (strata, tax, utilities, etc.)$976.72
Total monthly cost$14,396.17
Interest paid over 5-yr term$596,133.69
Balance at end of term$1,870,965.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$520,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,994.47

Cash Needed at Closing

Minimum down payment$520,000
Estimated BC PTT$56,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,500

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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