Property Type: Detached HouseOwnership: Freehold

18166 54 AVENUE

Surrey, BC V3S7Z1

$1,599,000

5 bed4 bath8 parking2,760 sqftBuilt 1985
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Amenities

Also listed: Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
12,070 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,453.91 (2025)

Interior

Basement
Finished, Crawl space
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
8 — covered indicated
Features
Garage, Other, RV

Listing Information

MLS®
R3101052
Listed
March 18, 2026
Time on market
On the market for 166 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Elite West · Data source: CREA DDF.

Description

Welcome to Shannon Hills Estates-one of Cloverdale's most sought-after, higher-end communities, generous lots, and upscale feel. Sitting on Over 12,000 sqft lot, this Beautifully Renovated 5 bed, 4 FULL BATH home offers a Full Bedroom and Full Bathroom on the main floor-ideal for extended family 4 Bedrooms Upstairs. Upgrades throughout such as a Newer Roof, Newer Windows, A/C, Laminate Flooring, Updated Bathrooms, and Fresh Paint, making it truly move-in ready. The FLAT LOT with no TREES- perfect for entertaining, kids, or future ideas-plus there's RV parking and plenty of room for all your vehicles and toys. Zoned R2, offering potential for a garden suite-ideal for extended family or added income, Allowed as per bylaws/zoning , but buyer to verify with city. All of this in a prime location just minutes to the new Cloverdale Hospital, and KPU Tech Campus, homes like this, with land, upgrades, and long-term upside, don't come around often. Open House Saturday April 11 from 2:00-4:00. (id:63159)

Values & Trends

This listing

$579/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 8 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

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 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

22

4/9 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
Cloverdale TraditionalElementary759 m
Martha Currie ElementaryElementary815 m
Gwa'sala-'Nakwaxda'xw School(Independent)Elementary863 m
Cloverdale Learning CentreSecondary1.2 km
SD 36 Alternate Cloverdale LCSecondary1.2 km
Bibleway Christian Academy(Independent)Elementary1.5 km
Lord Tweedsmuir SecondaryElementary1.5 km
Sunrise Ridge ElementaryElementary1.5 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
Eastbound Hwy 10 @ 182 St286 m
Westbound Hwy 10 @ 182 St295 m
Northbound 180 St @ 55 Ave392 m
Eastbound Hwy 10 @ 180 St411 m
Westbound Hwy 10 @ 184 St498 m

Nearby Places

Restaurants (1)

  • Ricky's · 17830 56 Avenue731 m

Cafes (1)

  • Tim Hortons628 m

Parks (5+)

  • Shannon Hill Park135 m
  • 77G - Tot-Lot · 18335 56A Avenue489 m
  • Claude Harvie Park657 m
  • Hunter Park696 m
  • Unnamed770 m

Banks & ATMs (1)

  • RBC · 17931 56 Avenue607 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.)$675.83
Total monthly cost$8,928.79
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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