Property Type: DuplexOwnership: Strata

4 10996 148 STREET

Surrey, BC V3R3Y4

$1,179,000

5 bed4 bath2 parking2,100 sqftBuilt 2026
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Duplex

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$0 (2025)

Interior

Basement
None, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Listing Information

MLS®
R3130379
Listed
June 6, 2026
Time on market
On the market for 86 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

SECURE TODAY, MOVE IN THIS FALL! Don't miss this exceptional opportunity to own a brand-new luxury fourplex with anticipated completion in October-November 2026. Offering over 2,100 sq. ft. across 3 spacious levels, this modern home features 5 bedrooms and a den with 4 full bathrooms. A bright open-concept layout designed for today's lifestyle. Enjoy premium appliances and finishes throughout with designer details, and high-end features that blend style with functionality. Best of all, NO STRATA FEES! Lock in today's price with low deposit and build equity while your dream home is being completed. (id:63159)

Values & Trends

This listing

$561/sqft

Building average

No other active listings in this building

Surrey average

$570/sqft

115 active listing(s)

Parking: 2 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.

Location Insights

Weather

Nearest station: Langley

Clear

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

52

7/9 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
Ecole Riverdale ElementaryElementary280 m
Ellendale ElementaryElementary491 m
Guildford Park SecondaryElementary719 m
Holly ElementaryElementary742 m
Mary Jane Shannon ElementaryElementary988 m
Hjorth Road ElementaryElementary1.2 km
Iqra School(Independent)Elementary1.4 km
Forsyth Road ElementaryElementary1.8 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
Northbound 148 St @ 110 Ave27 m
Southbound 148 St @ 110 Ave52 m
Southbound 148 St @ 111A Ave266 m
Northbound Wallace Dr @ Ellendale Dr352 m
Northbound 148 St @ 108 Ave354 m

Nearby Places

Restaurants (5+)

  • Mauna Sushi · 14839 108 Avenue320 m
  • Man Sen Kitchen339 m
  • UR Restaurant343 m
  • a-chan · 14787 108 Avenue379 m
  • Royal Choice Indian Cusine · 14779 108 Avenue380 m

Cafes (1)

  • A1 Coffee & Donuts · 14795 108 Avenue379 m

Grocery (1)

  • Buy-Low Foods · 14865 108 Avenue351 m

Parks (5+)

  • Riverside Park237 m
  • Ellendale Park269 m
  • Hummingbird Park610 m
  • Holly Park644 m
  • Robin Park786 m

Shopping (1)

  • Riverside Heights Shopping Centre375 m

Pharmacies (1)

  • Shoppers Drug Mart · 14867 108 Avenue367 m

Banks & ATMs (1)

  • Bitcoin ATM Coinsite · 10823 148 Street355 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$943,200.00
Periodic payment — Principal & Interest (monthly)$6,085.21
Additional monthly expenses (strata, tax, utilities, etc.)$105.00
Total monthly cost$6,190.21
Interest paid over 5-yr term$270,323.83
Balance at end of term$848,411.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,351.73

Cash Needed at Closing

Minimum down payment$92,900
Estimated BC PTT$21,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,980

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.

Request more information