7723 161A STREET
Surrey, BC V4N0T8
$880,000
Property Details
Property & Lot
- Lot size
- 10,846 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,011.52 (2026)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3147266
- Listed
- July 16, 2026
- Time on market
- On the market for 46 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
An exceptional investment opportunity in the family-friendly community of Fraser Heights. This property consists of an approximately 10,846 sq. ft. lot, which is situated adjacent to a newly listed 19,340 sq. ft. lot at 7735 - 161A Street. This provides a unique prospect to develop a multi-family estate in a highly sought-after, private neighborhood. The location offers convenient access to various schools, parks, shopping centers, public transit, and the Surrey Sports & Leisure Complex. Please note that this property can be acquired individually or in tandem with the adjacent lot. (id:63159)
Location Insights
Weather
Nearest station: Langley
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
11
1/9 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
| School | Type | Distance |
|---|---|---|
| William Watson Elementary | Elementary | 720 m |
| Walnut Road Elementary | Elementary | 732 m |
| Fleetwood Park Secondary | Elementary | 1.1 km |
| Coyote Creek Elementary | Elementary | 1.2 km |
| Frost Road Elementary | Elementary | 1.6 km |
| Coast Meridian Elementary | Elementary | 1.7 km |
| Holy Cross Regional High School(Independent) | Secondary | 2.1 km |
| St Matthew's Elementary(Independent) | Elementary | 2.1 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
Parks (5+)
- Cottonwood Park126 m
- 55A - Utility ROW132 m
- 55I - Greenbelt243 m
- 55C - Greenbelt262 m
- 55D - Greenbelt437 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($63,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.





