Property Type: Detached HouseOwnership: Freehold

1855 156 STREET

Surrey, BC V4A4T5

$1,099,900

3 bed2 bath5 parking1,642 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
House
Lot size
7,255 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,999.7 (2026)

Interior

Basement
Finished, Full
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
5 — covered indicated
Features
Garage, Open

Listing Information

MLS®
R3157287
Listed
August 20, 2026
Time on market
On the market for 11 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Homelife Benchmark Realty Corp. · Data source: CREA DDF.

Description

Fantastic value. This well-maintained Split Level-Entry home offers over 1,600 sq. ft. on a large west-facing backyard lot. Bright main level features a spacious living room with fireplace, laminate flooring, and large picture window, flowing into the dining room to a covered sunroom. Both main level beddrooms have new carpet. Functional kitchen with ample cabinetry and newer stailess steel appliances. Lower level includes a generous recreation room, fireplace, additional bedroom and full bathroom offering flexibility for extended family. Fully fenced 7,223 sq. ft. yard with sunroom patio. One block to Jessie Lee Elementary and close to shopping and transit. (id:63159)

Values & Trends

This listing

$670/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 5 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

30

7/9 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
Jessie Lee ElementaryElementary585 m
Earl Marriott SecondaryElementary606 m
Newbridge Academy(Independent)Elementary827 m
White Rock Christian Academy(Independent)K-121.2 km
Peace Arch ElementaryElementary1.3 km
White Rock ElementaryElementary1.4 km
St John Paul II Academy(Independent)Secondary1.6 km
Star of the Sea(Independent)Elementary1.6 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 16 Ave @ 156 St494 m
Southbound King George Blvd @ 20 Ave520 m
Eastbound North Bluff Rd @ Finlay St521 m
Northbound King George Blvd @ 20 Ave532 m
Eastbound North Bluff Rd @ Best St596 m

Nearby Places

Restaurants (3)

  • Ricky's678 m
  • Pizza Hut784 m
  • Boston Pizza · 1956 152 Street797 m

Cafes (1)

  • Tim Hortons588 m

Grocery (1)

  • Fruiticana · 1812 152 Street767 m

Parks (4)

  • Unnamed274 m
  • Jessie Lee Park455 m
  • Bakerview Park · 1845 154 Street498 m
  • Alderwood Park · 1760 Lilac Drive527 m

Shopping (1)

  • Johnston Plaza · 1736 152 Street785 m

Gyms (2)

  • 24 HR Sandcastle Fitness · 1938 152 Street749 m
  • Groundwork Athletics South Surrey · 2255 King George Boulevard796 m

Banks & ATMs (1)

  • Vancity · 1790 152 Street771 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,920.00
Periodic payment — Principal & Interest (monthly)$5,676.95
Additional monthly expenses (strata, tax, utilities, etc.)$498.64
Total monthly cost$6,175.59
Interest paid over 5-yr term$252,187.60
Balance at end of term$791,490.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,804.30

Cash Needed at Closing

Minimum down payment$84,990
Estimated BC PTT$19,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,488

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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