Property Type: Detached HouseOwnership: Freehold

16529 85 AVENUE

Surrey, BC V4N3H2

$1,399,900

4 bed3 bath4 parking2,458 sqftBuilt 1992
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Amenities

Also listed: Whirlpool

Property Details

Property & Lot

Sub-type
House
Lot size
7,072 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,083 (2026)

Interior

Basement
Finished, Crawl space
Heating
Baseboard heaters, Natural gas, Hot Water
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Hot Tub, Dishwasher, Stove, Dryer, Alarm System, Storage Shed

Exterior & Lot

Pool
Outdoor pool

Building

Water source
Municipal water
Sewer
Sanitary sewer

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3156864
Listed
August 24, 2026
Time on market
On the market for 7 days
Tax assessment year
2026
Data last synced
August 30, 2026

Listing provided by: RE/MAX Colonial Pacific Realty · Data source: CREA DDF.

Description

Welcome to this beautifully cared for 4-bedroom, 2-storey home, offering an impressive array of extras & an exceptional backyard oasis. Thoughtfully updated throughout, it features a renovated kitchen & bathrooms, & new carpeting upstairs, 200-amp power, EV charging, new piping w NO Poly-B, irrigation, hot water on demand & more. A bright living room showcasing stunning vaulted ceilings & a welcoming, functional layout. Step outside to your private backyard retreat, complete w a stunning energy-efficient saltwater POOL w solar heating-perfect for summer entertaining, relaxing, & making lasting memories. An easy-maintenance yard offers privacy & plenty of space to enjoy. Nestled in a mature, quiet location, close to parks, amenities, and everyday conveniences, This Property is a MUST SEE! (id:63159)

Values & Trends

This listing

$570/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

11

2/9 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
Frost Road ElementaryElementary640 m
Walnut Road ElementaryElementary888 m
Coast Meridian ElementaryElementary896 m
Gobind Sarvar School(Independent)K-12932 m
Surrey Christian School(Independent)K-121.0 km
Holy Cross Regional High School(Independent)Secondary1.1 km
William Watson ElementaryElementary1.1 km
St Matthew's Elementary(Independent)Elementary1.1 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 Fraser Hwy @ 164 St504 m
Eastbound Fraser Hwy @ 164 St543 m
Eastbound 88 Ave @ 164 St635 m
Westbound 88 Ave @ 164 St678 m
Eastbound Fraser Hwy @ 84 Ave700 m

Nearby Places

Restaurants (1)

  • Chef's Kebab · Fraser Highway582 m

Parks (5+)

  • Unnamed · 8451 166A Street259 m
  • Bucci Park262 m
  • Bonnie Schrenk Park290 m
  • Unnamed393 m
  • Frost Road Park · 8607 164 Street414 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,920.00
Periodic payment — Principal & Interest (monthly)$7,225.34
Additional monthly expenses (strata, tax, utilities, etc.)$629.92
Total monthly cost$7,855.26
Interest paid over 5-yr term$320,972.29
Balance at end of term$1,007,371.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,880.51

Cash Needed at Closing

Minimum down payment$114,990
Estimated BC PTT$25,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,488

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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