Property Type: TownhouseOwnership: Strata

48 3355 MORGAN CREEK WAY

Surrey, BC V3Z0J9

$1,495,000

4 bed4 bath4 parking3,315 sqftBuilt 2001
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$808/mo
Annual property tax
$5,535.39 (2026)

Interior

Basement
Partially finished, Partial
Heating
Radiant heat, Hot Water
Fireplace
None

Parking

Total spaces
4 — covered indicated
Features
Garage

Restrictions & Policies

Pets
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®
R3151962
Listed
August 4, 2026
Time on market
On the market for 27 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

In Deer Run's most sought-after locations, this beautiful 3-level executive end-unit townhome offers exceptional style and comfort. The bright, open main floor features wide-plank h/w floors, spacious living and dining areas, stunning chef's kitchen with granite countertops, stainless appliances, and a 6-burner gas range. The primary suite is on the main floor, complete with a walk-in closet and spa-inspired ensuite. The family room with stone fireplace opens to a private L-shaped porcelain patio surrounded by lush greenery. Upstairs offers two generous bedrooms and a full bath. The lower level provides exceptional flexibility with a games room, bedroom, flex room, full bathroom and plenty of storage. Complete with a spotless double garage with built in cabinets and oversized driveway. (id:63159)

Values & Trends

This listing

$451/sqft

Building average

$415/sqft

3 active listing(s)

Surrey average

$504/sqft

920 active listing(s)

Parking: 4 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.

Townhouse Market Stats — Surrey

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

MLS® HPI Benchmark Price

$753,000

Jul 2026

Average Sale Price

$718,941

Jul 2026

Monthly Sales

67

Jul 2026

Active Listings

453

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$960,200
$722,100
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
Morgan ElementaryElementary651 m
Sunnyside ElementaryElementary957 m
Rosemary Heights ElementaryElementary1.1 km
Southridge School(Independent)K-121.3 km
Edgewood ElementaryElementary2.5 km
Grandview Heights SecondaryElementary2.6 km
White Rock Christian Academy(Independent)K-122.6 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

StopTypeDistance
Westbound 32 Ave @ 160 St213 m
Southbound 160 St @ 32 Ave288 m
Northbound 160 St @ 30 Ave592 m
Southbound 160 St @ 30 Ave682 m
Eastbound 32 Ave @ 156A St752 m

Nearby Places

Parks (5+)

  • Greenridge Park459 m
  • Mountain View Park633 m
  • Morgan Creek Park641 m
  • Greenbelt647 m
  • Greenbelt779 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,196,000.00
Periodic payment — Principal & Interest (monthly)$7,716.19
Additional monthly expenses (strata, tax, utilities, etc.)$1,435.28
Total monthly cost$9,151.47
Interest paid over 5-yr term$342,777.04
Balance at end of term$1,075,805.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,538.67

Cash Needed at Closing

Minimum down payment$124,500
Estimated BC PTT$27,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,900

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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