16239 88 AVENUE
Surrey, BC V4N1G2
$2,400,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 69,691 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $0 (2025)
Interior
- Basement
- Unfinished, Unknown
- Heating
- Forced air
- Fireplace
- None
Parking
- Total spaces
- 10 — uncovered indicated
- Features
- Open
Listing Information
- MLS®
- R3087193
- Listed
- February 6, 2026
- Time on market
- On the market for 206 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
A smart land play in a proven Surrey growth pocket. 16239 88 Avenue is a well-located property with the kind of positioning builders and investors chase-close to key commuter routes, established services, and strong surrounding demand. Excellent opportunity to explore the Small Scale Multi Unit Housing initiative by the provincial government (Bill 44). Whether you're planning a hold-and-grow strategy or evaluating a future build concept, this address checks the fundamentals: location, accessibility, and long-term upside. Bring your vision-confirm zoning, setbacks, servicing, and redevelopment options with the City of Surrey. (id:63159)
Values & Trends
This listing
$1,333/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
26
5/9 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 |
|---|---|---|
| Surrey Christian School(Independent) | K-12 | 225 m |
| Holy Cross Regional High School(Independent) | Secondary | 250 m |
| St Matthew's Elementary(Independent) | Elementary | 330 m |
| Frost Road Elementary | Elementary | 413 m |
| Woodland Park Elementary | Elementary | 1.0 km |
| Gobind Sarvar School(Independent) | K-12 | 1.1 km |
| Serpentine Heights Elementary | Elementary | 1.2 km |
| Walnut Road Elementary | Elementary | 1.3 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound 88 Ave @ 162 St | — | 54 m |
| Westbound 88 Ave @ 162 St | — | 128 m |
| Westbound 88 Ave @ 164 St | — | 272 m |
| Eastbound 88 Ave @ 164 St | — | 361 m |
| Eastbound 88 Ave @ 160 St | — | 439 m |
Nearby Places
Restaurants (5+)
- Phở Queen · 8645 160 Street635 m
- Dragon's Chop Suey House · 16055 Fraser Highway721 m
- Yoko Sushi729 m
- The Great Indian Cuisine · 15953 Fraser Highway751 m
- Diamond sweets & restaurant · 15933-102 Fraser Highway782 m
Cafes (2)
- Finest Cup · 8645 160 Street639 m
- Training Day Cafe · 8645 160 Street643 m
Grocery (2)
- Nanyang Asian Supermarket · 8645 160 Street649 m
- Fruiticana · 15933 Fraser Highway781 m
Parks (5+)
- Fleetwood Meadows Park · 16267 87 Avenue166 m
- 45P - Greenbelt · 8767 164 Street299 m
- Frost Road Park · 8607 164 Street425 m
- 45H - Neighbourhood Park · 8659 161 Street459 m
- Kurtenacker Park594 m
Gyms (2)
- Anytime Fitness · 8645 160 Street631 m
- Spinhouse Cycling Studio · 8645 160 Street632 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($480,000) — 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.