Property Type: Detached HouseOwnership: Freehold

18640 32 AVENUE

Surrey, BC V3Z1A7

$2,549,000

5 bed6 bath14 parking3,025 sqftBuilt 1972
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Amenities

Also listed: Storage - Locker

Property Details

Property & Lot

Sub-type
House
Lot size
1.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0 (2025)

Interior

Basement
Finished, Crawl space
Heating
Natural gas
Fireplace
Yes (1)

Parking

Total spaces
14 — uncovered indicated
Features
Open, Other

Listing Information

MLS®
R3127307
Listed
May 25, 2026
Time on market
On the market for 98 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Blueprint · Data source: CREA DDF.

Description

Don't miss this Beautiful ACREAGE with fully renovated two level home. 1.17 acre park like lot, A very private place gives you relex and fresh air.Enough bedrooms and washrooms for a large family. Potential future development, NOT in ALR. A private estate beside Campbell Heights business hub, Ideal for business owners and it is an executive holding property. Motivated seller, bring your offer. (id:63159)

Values & Trends

This listing

$843/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 14 stall(s) includedStorage locker: Included

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

4

1/9 categories nearby

Transit

Not enough data yet

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
East Kensington ElementaryElementary956 m
Pacific Heights ElementaryElementary3.2 km
St Catherines School(Independent)Elementary3.3 km
Noel Booth ElementaryElementary3.4 km
Grandview Heights SecondaryElementary3.5 km
Belmont ElementaryElementary3.8 km
Alice Brown ElementaryElementary3.8 km
Edgewood 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.

Nearby Places

Parks (1)

  • Keery Park519 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($509,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,039,200.00
Periodic payment — Principal & Interest (monthly)$13,156.23
Additional monthly expenses (strata, tax, utilities, etc.)$151.00
Total monthly cost$13,307.23
Interest paid over 5-yr term$584,440.58
Balance at end of term$1,834,267.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$509,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,680.73

Cash Needed at Closing

Minimum down payment$509,800
Estimated BC PTT$54,470
Legal / closing costs (typical estimate)$1,500
Total cash needed$565,770

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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