Property Type: Detached HouseOwnership: Freehold

2891 138 STREET

Surrey, BC V4P1T6

$4,800,000

7 bed8 bath6 parking8,907 sqftBuilt 2015
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Amenities

Also listed: Guest Suite, Sauna, Whirlpool, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
32,421.51 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$19,378.95 (2025)

Interior

Basement
Finished, Full
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (6)

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3140934
Listed
June 29, 2026
Time on market
On the market for 63 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Exquisite Estate in Prestigious Elgin/Chantrell. Nestled in one of South Surrey's most sought-after neighbourhoods, this architectural masterpiece showcases exceptional craftsmanship with elegant marble and tile finishes, and meticulous attention to every detail. This luxury residence features an elevator, spice kitchen, premium Miele appliance package, radiant in-floor heating. Resort-style amenities include a private sauna, gym, wine cellar, theatre room, and hot tub. A separate self-contained 980 sq.ft. coach house (not included in main living area) offers ideal flexibility for guests or extended family. Situated on a rare 32,421.51 sq.ft. lot backing onto a tranquil ravine and green space, with natural stone cladding and rock dash stucco exterior. (id:63159)

Values & Trends

This listing

$539/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 6 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

Partly Cloudy

12°C

Partly Cloudy

Humidity 95%

Wind N 3 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

15

3/9 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
Chantrell Creek ElementaryElementary681 m
Elgin Park SecondaryElementary1.2 km
Semiahmoo Trail ElementaryElementary1.6 km
Crescent Park ElementaryElementary2.2 km
Laronde ElementaryElementary2.5 km
Bayridge ElementaryElementary2.5 km
Ray Shepherd ElementaryElementary2.5 km
Star of the Sea(Independent)Elementary2.7 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

Restaurants (1)

  • Belle's · 14007 32 Avenue787 m

Grocery (1)

  • Vegan Supply · 202-14016;14016 32 Avenue767 m

Parks (2)

  • Buchamer Park396 m
  • Spirit Garden · 2860 140 Street461 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($960,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,840,000.00
Periodic payment — Principal & Interest (monthly)$24,774.38
Additional monthly expenses (strata, tax, utilities, etc.)$2,059.91
Total monthly cost$26,834.29
Interest paid over 5-yr term$1,100,555.04
Balance at end of term$3,454,092.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$960,000
Stress test qualifying rate8.09%
Payment you must qualify for$29,528.26

Cash Needed at Closing

Minimum down payment$960,000
Estimated BC PTT$158,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,119,500

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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