16518 108A AVENUE
Surrey, BC V4N5B9
$1,899,999
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,028 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,492.07 (2025)
Interior
- Basement
- Finished, Full, Separate entrance
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Parking
- Total spaces
- 6 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3136937
- Listed
- June 18, 2026
- Time on market
- On the market for 74 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Premier Realty · Data source: CREA DDF.
Description
Welcome to this stunning Fraser Heights executive home, offering over 3,850 sq ft of spacious living. Perfect for commuters, it is minutes from Hwy 1, Hwy 17, and top schools. The meticulously kept house features 7 bedrooms, 5 baths, and An energy-efficient heat pump. The renovated chef's kitchen shines with quartz countertops and premium stainless appliances. Outside, the 6,028 sqft private lot boasts a sun-drenched, south-facing backyard with a covered deck for year-round enjoyment. The bright basement has a separate entrance, 2 bedrooms, and large living area, ideal as a mortgage helper. Complete with a double garage and an extra-large driveway for 6 cars parking. Newer floorings and painting.This property combines ultimate comfort, convenience, and income potential.OH Jun 28(2-4) (id:63159)
Values & Trends
This listing
$491/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
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
| School | Type | Distance |
|---|---|---|
| Fraser Wood Elementary | Elementary | 438 m |
| Fraser Heights Secondary | Elementary | 935 m |
| Erma Stephenson Elementary | Elementary | 1.1 km |
| Pacific Academy(Independent) | K-12 | 1.3 km |
| Dogwood Elementary | Elementary | 1.7 km |
| Bothwell Elementary School | Elementary | 1.7 km |
| Harold Bishop Elementary | Elementary | 1.9 km |
| William F. Davidson Elementary | Elementary | 2.7 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
| Stop | Type | Distance |
|---|---|---|
| Westbound 108 Ave @ 165B St | — | 89 m |
| Westbound 108 Ave @ 164 St | — | 305 m |
| Westbound 108 Ave @ 168 St | — | 527 m |
| Westbound 108 Ave @ 162 St | — | 697 m |
| Northbound 168 St @ 106 Ave | — | 719 m |
Nearby Places
Parks (5+)
- Ridgeview Park309 m
- Fraser Wood Park449 m
- North Slope Buffer598 m
- J.R. Douglas Park610 m
- Unnamed653 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($380,000) — 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.