Property Type: Detached HouseOwnership: Freehold

2574 163 STREET

Surrey, BC V3Z6X7

$1,995,000

4 bed4 bath4 parking3,615 sqftBuilt 2008
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Amenities

Also listed: Storage - Locker, Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
3,753 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,081.81 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3108669
Listed
April 8, 2026
Time on market
On the market for 145 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver (Branch) · Data source: CREA DDF.

Description

Rarely do you find a home that offers the perfect balance of quality & interior decor balance. This home was Custom built by Park Ridge Homes. The client used a high-calibre Vancouver Designer to make all the decisions, so the flow and coordination is pleasing. Located on a CDS street in the middle of Morgan Heights provides a quiet setting and ideal for families. Enjoy the high end touches throughout, such as new Oak Hardwood floors and staircase, Sub Zero fridge and Wolf 36" stove, oversized kitchen, wine bar Vaulted ceilings in the spacious Great room area and Restoration Hardware lights. Owners just replaced the A/C and Furnace, 3 Character bdrms upstairs, bsmt is easily suited, good storage spaces, plus a lovely rear patio that is covered from rain, extends living space. (id:63159)

Values & Trends

This listing

$552/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 4 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

41

8/9 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
Southridge School(Independent)K-12667 m
Edgewood ElementaryElementary845 m
Sunnyside ElementaryElementary1.0 km
Grandview Heights SecondaryElementary1.3 km
Pacific Heights ElementaryElementary1.6 km
Morgan ElementaryElementary2.1 km
Jessie Lee ElementaryElementary2.1 km
Earl Marriott SecondaryElementary2.3 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 24 Ave @ 164 St347 m
Eastbound 24 Ave @ 164 St401 m
Eastbound 24 Ave @ 161A St511 m
Westbound 24 Ave @ 161A St558 m
Northbound 160 St @ 26 Ave684 m

Nearby Places

Restaurants (5+)

  • Kin Thai Kitchen & Bar · 2443 161A Street453 m
  • De Dutch · 2433 161A Street479 m
  • Blaze Pizza · 2433 161A Street512 m
  • Earls · 16071 24 Avenue598 m
  • Islands Cafe · 16041 24 Avenue601 m

Cafes (3)

  • Chatime · 2443 161a St, Surrey, BC V3Z 0M6474 m
  • Tim Hortons · 16141 24 Avenue530 m
  • Starbucks · 16010 24 Avenue779 m

Grocery (1)

  • Real Canadian Superstore · 2332 160 Street728 m

Parks (5+)

  • Greenbelt286 m
  • Morgan Heights Linear Park324 m
  • Oak Meadows Park · 16271 22 Avenue672 m
  • Unnamed686 m
  • Grandview Heights Linear Park759 m

Shopping (1)

  • Grandview Central753 m

Gyms (2)

  • SpinHouse South Surrey & Recharge Juice Bar · 16041 24 Avenue616 m
  • Club16 Trevor Linden Fitness South Surrey · 16050 24 Avenue724 m

Pharmacies (2)

  • Pharmasave · 2448 160 Street687 m
  • Shoppers Drug Mart · 16050 24 Avenue761 m

Banks & ATMs (4)

  • Westminster Savings636 m
  • Coast Capital Savings · 16011 24 Avenue732 m
  • Scotiabank767 m
  • TD · 2411 160 Street788 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,596,000.00
Periodic payment — Principal & Interest (monthly)$10,296.85
Additional monthly expenses (strata, tax, utilities, etc.)$771.15
Total monthly cost$11,068.00
Interest paid over 5-yr term$457,418.19
Balance at end of term$1,435,607.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,272.68

Cash Needed at Closing

Minimum down payment$399,000
Estimated BC PTT$37,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$438,400

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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