Property Type: Detached HouseOwnership: Freehold

5731 148B STREET

Surrey, BC V3S8W6

$1,249,000

5 bed4 bath1 parking2,421 sqftBuilt 1998
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Property Details

Property & Lot

Sub-type
House
Lot size
2,352 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,588.97 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3055719
Listed
October 6, 2025
Time on market
On the market for 329 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Pacific Evergreen Realty Ltd. · Data source: CREA DDF.

Description

Well-kept 5-bedroom + den, 4-bath home facing Panorama Village Park with stunning panoramic views of Mount Baker, open fields, and the valley. The main floor offers a bright layout with large windows, patio doors with premium shutter blinds, a spacious foyer, separate living and family rooms, dining area, and a large kitchen with solid-surface countertops and newer stainless steel appliances. Upstairs features a huge primary bedroom, two generous bedrooms plus a den, and two full baths. Enjoy summer evenings on the massive west-facing balcony. The basement includes a large rec room and two bedrooms with a full bath-perfect for family fun. (id:63159)

Values & Trends

This listing

$516/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 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.

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

Clear

13°C

Clear

Humidity 92%

Wind NW 4 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

48

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
Cambridge ElementaryElementary814 m
Sullivan ElementaryElementary936 m
Goldstone Park ElementaryElementary1.2 km
Sullivan Heights SecondaryElementary1.4 km
Woodward Hill ElementaryElementary1.5 km
McLeod Road TraditionalElementary1.9 km
Regent Christian Academy(Independent)K-121.9 km
Hyland ElementaryElementary2.6 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
Eastbound 60 Ave @ 148 St564 m
Westbound 60 Ave @ 150 St596 m
Westbound 60 Ave @ 148 St602 m
Eastbound 60 Ave @ 150 St622 m
Southbound 152 St @ Panorama Dr666 m

Nearby Places

Restaurants (5+)

  • Mahek Restaurant & Lounge · 15133 56 Ave367 m
  • Nonstop Chicken · 15141 Highway 10423 m
  • The Chopped Leaf · 15161 56 Ave574 m
  • White Spot · 15157 Highway 10594 m
  • Twisted Indian · 5717 152 Street639 m

Cafes (3)

  • Boba Boy · 15127 Highway 10414 m
  • Starbucks · 15161 Highway 10611 m
  • West Village Cafe · 5620 152 Street797 m

Grocery (1)

  • Fresh Street Market · 15127 Highway 10382 m

Parks (5+)

  • Panorama Village Park129 m
  • Springwood Forest Park430 m
  • Goldstone Park520 m
  • Edmund Park · 15149 Edmund Drive551 m
  • Bob Rutledge Park590 m

Shopping (1)

  • Panorama Village489 m

Pharmacies (1)

  • Shoppers Drug Mart · 15157 Highway 10565 m

Banks & ATMs (3)

  • BMO · 5661 152 Street631 m
  • CIBC · 15173 Highway 10640 m
  • TD · 5606 152 Street733 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,200.00
Periodic payment — Principal & Interest (monthly)$6,446.50
Additional monthly expenses (strata, tax, utilities, etc.)$503.41
Total monthly cost$6,949.91
Interest paid over 5-yr term$286,373.59
Balance at end of term$898,783.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,836.18

Cash Needed at Closing

Minimum down payment$99,900
Estimated BC PTT$22,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,380

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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