Property Type: TownhouseOwnership: Strata

8 15950 ALDER PLACE

Surrey, BC V4A0C9

$918,000

3 bed3 bath2 parking1,553 sqftBuilt 2021
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Amenities

Also listed: Laundry - In Suite, Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$325/mo
Annual property tax
$4,154.17 (2026)

Interior

Basement
None, Unknown
Heating
Forced air
Fireplace
None

Parking

Total spaces
2 — covered indicated
Features
Garage

Listing Information

MLS®
R3149749
Listed
July 24, 2026
Time on market
On the market for 38 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

'South on 16th Premium' is a limited collection of only 22 luxury homes in an architecturally stunning modern community that is situated between Grandview Heights and White Rock. Imagined by renowned designers and architects, every residence offers spacious interior living with thoughtful touches, and custom finishes. Connecting both living and dining spaces, an open-plan design invites the flow of modern living. Kitchens transition easily from informal to formal; perfect for making a home-cooked meal or hosting a dinner party. Spacious, spa-inspired baths blend beauty with function. Features include: Control4 Smart Home Systems, 9' Ceilings, Premium Appliances, Built-In Speakers, Oversized Windows & MORE. 3 Bedrooms + Office Homes. Side by Side Double Garage. Call today! (id:63159)

Values & Trends

This listing

$591/sqft

Building average

No other active listings in this building

Surrey average

$504/sqft

920 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.

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
Earl Marriott SecondaryElementary367 m
Peace Arch ElementaryElementary689 m
South Meridian ElementaryElementary854 m
Jessie Lee ElementaryElementary1.4 km
White Rock ElementaryElementary1.6 km
Newbridge Academy(Independent)Elementary1.7 km
St John Paul II Academy(Independent)Secondary1.7 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 St84 m
Eastbound 16 Ave @ 160 St155 m
Southbound Stayte Rd @ North Bluff Rd202 m
Westbound Russell Ave @ Stayte Rd275 m
Eastbound North Bluff Rd @ Kent St289 m

Nearby Places

Parks (4)

  • Alderwood Park · 1760 Lilac Drive364 m
  • MacCaud Park434 m
  • Unnamed585 m
  • Wood Playground737 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($66,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$734,400.00
Periodic payment — Principal & Interest (monthly)$4,738.10
Additional monthly expenses (strata, tax, utilities, etc.)$749.19
Total monthly cost$5,487.29
Interest paid over 5-yr term$210,481.15
Balance at end of term$660,595.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$66,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,545.43

Cash Needed at Closing

Minimum down payment$66,800
Estimated BC PTT$16,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$84,660

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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