Property Type: Land / LotOwnership: Freehold

17568 8 AVENUE

Surrey, BC V3Z9S6

$11,500,000

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Property Details

Property & Lot

Lot size
936,104 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$896.48 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3090106
Listed
February 16, 2026
Time on market
On the market for 196 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Renanza Realty Inc. · Data source: CREA DDF.

Description

17.49 AC of prime ALR/A1 land, in a highly strategic location at the corner of Highway 15 and 8 Ave., just minutes from the U.S. border crossing. This flat, dry parcel offers exceptional potential for agricultural use, farm-related businesses, or long-term holding investment, future development. An ideal setting to build your dream home with the convenience of easy highway access and strong future upside. (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Douglas ElementaryElementary1.3 km
South Meridian ElementaryElementary2.9 km
Peace Arch ElementaryElementary3.5 km
Edgewood ElementaryElementary3.5 km
Grandview Heights SecondaryElementary3.7 km
Pacific Heights ElementaryElementary3.7 km
Earl Marriott SecondaryElementary4.0 km
East Kensington ElementaryElementary4.4 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

No TransLink stops within an ~10-minute walk.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($2,300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$9,200,000.00
Periodic payment — Principal & Interest (monthly)$59,355.28
Additional monthly expenses (strata, tax, utilities, etc.)$74.71
Total monthly cost$59,429.98
Interest paid over 5-yr term$2,636,746.45
Balance at end of term$8,275,429.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$2,300,000
Stress test qualifying rate8.09%
Payment you must qualify for$70,744.78

Cash Needed at Closing

Minimum down payment$2,300,000
Estimated BC PTT$493,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,794,500

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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