Property Type: Condo / ApartmentOwnership: Strata

421 1615 160 STREET

Surrey, BC V0V0V0

$399,900

1 bed1 bath1 parking560 sqftBuilt 2026
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Amenities

Gym

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$229/mo
Annual property tax
$0 (2027)

Interior

Basement
None, Unknown
Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3151766
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2027
Data last synced
August 28, 2026

Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.

Description

Nestled at the vibrant crossroads of 160th Street and 16th Avenue, Pinnacle is a premier new development blending modern living with everyday convenience. This four storey building in the heart of South Surrey offers 59 thoughtfully designed homes. This unit is a spacious junior 2-bedroom with a functional layout, ideal for end-users and investors. It features forced air heating, air conditioning, and includes dedicated storage. Pinnacle offers more than just living space, with ground-level retail including a daycare, medical clinic, dental office, and optometry clinic right at your doorstep. Completion expected summer 2027 with an attractive 2.5% deposit an excellent opportunity in a high-demand area. (id:63159)

Values & Trends

This listing

$714/sqft

Building average

$783/sqft

5 active listing(s)

Surrey average

$678/sqft

1113 active listing(s)

Parking: 1 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.

Apartment Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$474,100

Jul 2026

Average Sale Price

$470,719

Jul 2026

Monthly Sales

16

Jul 2026

Active Listings

219

Jul 2026

Sales-to-Active Ratio

7.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$598,400
$434,400
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

7

1/9 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
Earl Marriott SecondaryElementary457 m
Peace Arch ElementaryElementary671 m
South Meridian ElementaryElementary758 m
Jessie Lee ElementaryElementary1.5 km
White Rock ElementaryElementary1.7 km
Newbridge Academy(Independent)Elementary1.8 km
St John Paul II Academy(Independent)Secondary1.8 km
Edgewood ElementaryElementary1.9 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 16 Ave @ 160 St40 m
Eastbound 16 Ave @ 160 St52 m
Southbound Stayte Rd @ North Bluff Rd137 m
Westbound 16 Ave @ King George Blvd192 m
Westbound Russell Ave @ Stayte Rd229 m

Nearby Places

Parks (4)

  • Alderwood Park · 1760 Lilac Drive460 m
  • Unnamed484 m
  • MacCaud Park487 m
  • Wood Playground633 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$256.87
Total monthly cost$2,320.89
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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