Property Type: Detached HouseOwnership: Freehold

18089 94 AVENUE

Surrey, BC V4N4A3

$5,980,000

3 bed2 bath15 parking1,472 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Lot size
94,524.2 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,589.82 (2023)

Interior

Basement
None, Unknown
Heating
Radiant heat, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
15 — uncovered indicated
Features
Open, RV, Visitor Parking

Listing Information

MLS®
R3034544
Listed
August 6, 2025
Time on market
On the market for 390 days
Tax assessment year
2023
Data last synced
August 28, 2026

Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.

Description

Prime Development potential in Port Kells under Anniedale-Tynehead NCP development is designated High Density Cluster, which would support 10-15 townhouses per acre. One of the best short term holding properties available with 2.17 acres lot. Professionally renovated 3 bedroom + den rancher full of high end features. Warm hardwood, radiant heated tile floors, granite countertops, KitchenAid stainless steel appliances, Miele washer and dryer, wired for surround sound in every room as well as premium fixtures and over 750 square feet of deck space. Lots of storage built by the current owner. South facing, Enjoy this nice cozy home while waiting for the development in the near future. Best value in the neighbourhood! (id:63159)

Values & Trends

This listing

$4,063/sqft

Building average

No other active listings in this building

Surrey average

$689/sqft

1844 active listing(s)

Parking: 15 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

13°C

Clear

Humidity 92%

Wind NW 4 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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
Port Kells ElementaryElementary2.3 km
Bothwell Elementary SchoolElementary2.6 km
Gobind Sarvar School(Independent)K-122.9 km
Pacific Academy(Independent)K-123.1 km
Coast Meridian ElementaryElementary3.5 km
Surrey Christian School(Independent)K-124.0 km
Serpentine Heights ElementaryElementary4.0 km
Holy Cross Regional High School(Independent)Secondary4.2 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% ($1,196,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,784,000.00
Periodic payment — Principal & Interest (monthly)$30,864.74
Additional monthly expenses (strata, tax, utilities, etc.)$789.82
Total monthly cost$31,654.56
Interest paid over 5-yr term$1,371,108.15
Balance at end of term$4,303,223.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,196,000
Stress test qualifying rate8.09%
Payment you must qualify for$36,787.29

Cash Needed at Closing

Minimum down payment$1,196,000
Estimated BC PTT$217,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,414,500

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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