2290 171 STREET
Surrey, BC V3Z9X6
$3,668,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 48,990 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $11,475.13 (2025)
Interior
- Basement
- None, Unknown
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (2)
Parking
- Total spaces
- 10 — covered indicated
- Features
- Detached Garage, Other, RV
Listing Information
- MLS®
- R3125741
- Listed
- May 20, 2026
- Time on market
- On the market for 103 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: LeHomes Realty Premier · Data source: CREA DDF.
Description
Located in the highly sought-after Grandview Area 5 NCP, this 1.12-acre parcel presents an exceptional redevelopment opportunity for investors and developers looking toward the future growth of South Surrey - one of the region's most desirable and rapidly evolving communities. The existing residence is a custom-built 4-bedroom, 3-bathroom family home situated on an extremely private, park-like lot reminiscent of "Stanley Park." The main living area features a massive deck off the kitchen overlooking the beautifully treed backyard, creating a peaceful setting ideal for entertaining or relaxing in nature. The ground level offers a huge recreation room along with additional space that could be easily converted into a 2-bedroom rental suite, providing excellent income potential. Conveniently located within walking distance to Grandview Heights Secondary School and Grandview Heights Aquatic Centre. (id:63159)
Values & Trends
This listing
$1,207/sqft
Building average
—
No other active listings in this building
Surrey average
$691/sqft
1844 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Langley
14°C
Clear
Humidity 87%
Wind S calm 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
—
Not enough data yet
Transit
13
2 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
| School | Type | Distance |
|---|---|---|
| Grandview Heights Secondary | Elementary | 510 m |
| Pacific Heights Elementary | Elementary | 617 m |
| Edgewood Elementary | Elementary | 927 m |
| Southridge School(Independent) | K-12 | 2.3 km |
| South Meridian Elementary | Elementary | 2.6 km |
| Sunnyside Elementary | Elementary | 2.7 km |
| East Kensington Elementary | Elementary | 2.7 km |
| Earl Marriott Secondary | Elementary | 3.0 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
| Stop | Type | Distance |
|---|---|---|
| Eastbound 24 Ave @ 172 St | — | 316 m |
| Eastbound 24 Ave @ 168 St | — | 597 m |
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($733,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.