Property Type: Detached HouseOwnership: Freehold

18638 54A AVENUE

Surrey, BC V3S8L5

$3,649,000

5 bed6 bath10 parking8,658 sqftBuilt 2002
56
Walk Score
30
Transit
46
Bike
Walk Score® by Redfin
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
19,932 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0 (2026)

Interior

Basement
Finished, Full
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Alarm System, Storage Shed

Exterior & Lot

View
View

Building

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

Parking

Total spaces
10 — covered indicated
Features
Garage, Garage, Other

Listing Information

MLS®
R3160981
Listed
September 2, 2026
Time on market
On the market for 10 days
Tax assessment year
2026
Data last synced
September 13, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

An exceptional gated estate offering rare privacy and luxury in one of Cloverdale's most desirable settings. Situated on a sprawling 20,000 sq. ft. lot, this custom residence offers over 6,100 sq. ft. of refined living space. The chef's kitchen features premium appliances and an oversized island, while expansive living areas open to private terraces and landscaped gardens. A main-level primary retreat includes a spa-inspired ensuite and walk-in closet. A rare bonus is the additional 2,518 sq. ft. heated indoor space-ideal for a workshop, home-based business, storage, or parking for up to 10 vehicles. Close to top schools, parks, shopping, and amenities. (id:63159)

Values & Trends

This listing

$421/sqft

Building average

No other active listings in this building

Surrey average

$702/sqft

1790 active listing(s)

Parking: 10 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

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 80%

Wind WNW 11 km/h

Today

20°

Tonight

13°

Monday

17°

Monday night

13°

Tuesday

22°

Tuesday night

12°

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
Martha Currie ElementaryElementary862 m
Sunrise Ridge ElementaryElementary1.1 km
Bibleway Christian Academy(Independent)Elementary1.1 km
Gwa'sala-'Nakwaxda'xw School(Independent)Elementary1.2 km
Latimer Road ElementaryElementary1.6 km
Cloverdale TraditionalElementary1.7 km
Don Christian ElementaryElementary1.7 km
Lord Tweedsmuir SecondaryElementary1.9 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 @ 18600 Block273 m
Westbound Hwy 10 @ 18600 Block300 m
Westbound Hwy 10 @ 188 St395 m
Eastbound Hwy 10 @ 188 St438 m
Eastbound Hwy 10 @ 184 St535 m

Nearby Places

Parks (4)

  • Hunter Park249 m
  • Unnamed511 m
  • Unnamed579 m
  • 77G - Tot-Lot · 18335 56A Avenue734 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($729,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,919,200.00
Periodic payment — Principal & Interest (monthly)$18,833.69
Additional monthly expenses (strata, tax, utilities, etc.)$433.00
Total monthly cost$19,266.69
Interest paid over 5-yr term$836,651.11
Balance at end of term$2,625,829.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$729,800
Stress test qualifying rate8.09%
Payment you must qualify for$22,447.63

Cash Needed at Closing

Minimum down payment$729,800
Estimated BC PTT$100,450
Legal / closing costs (typical estimate)$1,500
Total cash needed$831,750

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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