Property Type: Detached HouseOwnership: Freehold

16614 CHERRYHILL CRESCENT

Surrey, BC V2W0A8

$1,599,000

3 bed4 bath4 parking3,803 sqftBuilt 1989
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Amenities

Also listed: Laundry - In Suite, Whirlpool

Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
8,862 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,102 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Baseboard heaters, Forced air, Electric
Fireplace
Yes (3)
Appliances
Washer, Refrigerator, Hot Tub, Dishwasher, Stove, Dryer, Garage door opener

Exterior & Lot

View
View

Building

Water source
Municipal water
Sewer
Sanitary sewer, Storm sewer
Utilities
Water, Natural Gas, Electricity

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3155248
Listed
August 12, 2026
Time on market
On the market for 19 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Dexter Realty · Data source: CREA DDF.

Description

Executive family home on an expansive 8,862 sq.ft. lot in a peaceful Fraser Heights neighbourhood. Soaring 17-ft vaulted ceilings and skylights fill the home with natural light. The main floor features a new kitchen (2025), eating nook, family room, formal living/dining areas, office and laundry/mudroom. Step outside to your private backyard oasis with multiple sitting areas, vegetable gardens, fruit trees and a new hot tub (2026)-with potential space for a pool! Upstairs offers a spacious primary retreat with sitting area, walk-in closet and ensuite, plus 2 bedrooms and renovated bath. The basement boasts large rooms, family room, gym, recreation room with wet bar and separate entrance. Updates: Furnace (2026), Hot Water Tank (2026), windows (2021), plumbing (2018), roof (2015). Double garage + ample parking. Catchment: Fraser Wood Elementary & Fraser Heights Secondary. (id:63159)

Values & Trends

This listing

$420/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
Fraser Wood ElementaryElementary486 m
Pacific Academy(Independent)K-121.0 km
Fraser Heights SecondaryElementary1.2 km
Erma Stephenson ElementaryElementary1.4 km
Bothwell Elementary SchoolElementary1.4 km
Dogwood ElementaryElementary1.9 km
Harold Bishop ElementaryElementary2.1 km
North Surrey SecondaryElementary2.7 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

StopTypeDistance
Westbound 108 Ave @ 165B St252 m
Westbound 108 Ave @ 168 St329 m
Northbound 168 St @ 106 Ave383 m
Westbound 108 Ave @ 164 St565 m
Eastbound 104 Ave @ Oak Gate654 m

Nearby Places

Restaurants (1)

  • Sushi Zion · 10422 168 Street673 m

Parks (3)

  • Fraser Wood Park322 m
  • Glenwood Park373 m
  • Ridgeview Park468 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,200.00
Periodic payment — Principal & Interest (monthly)$8,252.96
Additional monthly expenses (strata, tax, utilities, etc.)$698.50
Total monthly cost$8,951.46
Interest paid over 5-yr term$366,622.40
Balance at end of term$1,150,644.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,836.60

Cash Needed at Closing

Minimum down payment$319,800
Estimated BC PTT$29,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,280

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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