15988 112 Ave, Surrey BC V4N 1J1 – House for Sale – MLS® R3163372

15988 112 Avenue, Surrey, British Columbia V4N 1J1

55 days on the market
$1,595,000
Est. Mortgage $7,056/mo
Listing updated:
EstateBlock checked:
5 Beds
4 Baths
2948 sqft
541 $ /sqft
1997 built
55 days on the market
$1,595,000
$1,645,000
Est. $7,056/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 15988 112 Avenue

Custom-built one-owner home with two primary bedrooms! ideal for extended families! The spacious layout features a Primary Bedroom with an ensuite on the main level, plus a second Primary Bedroom with an ensuite upstairs plus three additional bedrooms. Enjoy vaulted ceilings in the living room, two cozy gas fireplaces, a walk-in crawl space for ample storage, and handsome brick accents on the exterior. Shows great throughout and has been well maintained. Key updates include a heat pump furnace with AC, fully replaced PolyB piping, and paved RV or boat parking in the backyard. Situated in a central Fraser Heights location offering peek-a-boo mountain views!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Heat Pump
Cooling Central Air, Air Conditioning
# of Kitchens 1
Flooring Tile, Vinyl, Wall/Wall/Mixed, Carpet
Foundation Concrete Perimeter

Exterior Features

View Description MOUNTAIN VIEW
Roof Concrete
Structures Residential Detached

Building Details

Price $1,595,000
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 2948
Year Built 1997
Age Of Building 29
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Front Access, Rear Access, Asphalt, Concrete
Total Parking Spaces 6
Rental Suites None

Lot & Land

Lot Size 7732
Lot Size Depth Feet
Lot Size Frontage 79
MLS® # R3163372
Area North Surrey
Neighbourhood Fraser Heights
City Surrey
Postal Code V4N 1J1
Gross Taxes $6,553.28
Zoning R3

Property Timeline

Status Date Price
R3163372 / Active 09-09-2026 $1,595,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'4 x 17'4 ft
Main Level Dining Room 13' x 13' ft
Main Level Kitchen 13'3 x 13'3 ft
Main Level Eating Area 11'4 x 11'4 ft
Main Level Family Room 16'6 x 16'6 ft
Main Level Primary Bedroom 17'11 x 17'11 ft
Above Level Primary Bedroom 20' x 20' ft
Above Level Bedroom 15'1 x 15'1 ft
Above Level Bedroom 10'9 x 10'9 ft
Above Level Bedroom 10'8 x 10'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #2
Above Level Yes #4
Above Level No #4

Listed by: Homelife Benchmark Realty Corp.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Fraser Heights Secondary School
Above Average 0.9 km 7.5/10
Elementary
Erma Stephenson Elementary School
Above Average 0.51 km 7.2/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Dogwood School
Above Average 1.02 km 10/10
Elementary, Secondary
Pacific Academy
Above Average 2.64 km 8.1/10

Closest Transit

Bus Stop
Westbound 110 Ave @ 157 St
0.66 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.71 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 30.9%
No Certificate/Degree
Average 12.9%
Owner Occupied
Average 62.5%
Employment Rate
Above Average 78.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

44 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $1,494,515
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.71 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FRASER HEIGHTS compares
This property
55 DOM
Listed
Fraser Heights avg
—
—
Surrey avg
—
—

15988 112 Avenue has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 6.3% above comparable active properties in Fraser Heights. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V4N 1J1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 1J1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.2 µg/m³ — meets WHO 2021 guideline. Nearest station: Pitt Meadows Meadowlands School, Pitt Meadows (~6.7 km). Annual avg AQHI 1.7 — Low Risk.

Heat Moderate

Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Restaurants (6 nearby)

  • A&w · 679 m · Fast Food
  • Pho hung · 685 m · Restaurant
  • Dddn pan pizza · 746 m · Restaurant

Shopping (4 nearby)

  • Fraser heights pharmacy · 681 m · Pharmacy
  • Fraser heights · 689 m · Post Office
  • Td · 811 m · Bank

Cafes (2 nearby)

  • Tim hortons · 774 m · Cafe
  • Starbucks · 808 m · Cafe

Healthcare (2 nearby)

  • Fraser heights pharmacy · 681 m · Healthcare
  • Rexall · 845 m · Healthcare

Groceries (1 nearby)

  • Fraser heights wine cellar · 724 m · Beverages

Transit (1 nearby)

  • Bus stop southbound 156 st @ 110 ave · 892 m · Transit

Schools NearBy

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Erma Stephenson Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.2 / 10

Distance

506 m

Fraser Heights Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.5 / 10

Distance

897 m

Dogwood School

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

1.02 KM

Dogwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

1.03 KM

Fraser Wood Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

1.38 KM

Harold Bishop Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

1.74 KM

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

2.27 KM

Guildford Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.7 / 10

Distance

2.53 KM

Pacific Academy

Independent

Grades Served

K-12

Catchment Info

—
8.4 / 10

Distance

2.64 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.67 KM

William F. Davidson Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.72 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.1 / 10

Distance

2.93 KM

Iqra School

Independent

Grades Served

K-7

Catchment Info

—
9.2 / 10

Distance

2.96 KM

Ellendale Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.0 / 10

Distance

2.97 KM

Johnston Heights Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.4 / 10

Distance

2.98 KM

Walkability & Transit Near 15988 112 Avenue

Walk Score Badge
Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
33

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 15988 112 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 017-787-122).
Total Assessed Value (2026)
$1,651,000
2026 Value Trend
Land
$1,302,000
Buildings
$349,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,302,000 $349,000 $1,651,000 —

Mortgage Calculator for 15988 112 Avenue

30-year fixed
/month
Principal & Interest
Property Taxes $546
Maintenance fee 0
A 20% down payment of $319,000 on this $1,595,000 listing yields an estimated mortgage of $6,092/month (30-year fixed, 4%). Total estimated housing cost: $6,638/month, $546 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $4,057/month in estimated rental income against $6,804/month in mortgage payments, the monthly cashflow is -$2,747/month. A 57% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 15988 112 Avenue, Surrey

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Fraser Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,595,000
Surrey Loading...
Fraser Heights Loading...

Based on 2 comparable active Single Family Residences in Fraser Heights, the average asking price is $1,500,500. This listing is priced 6.3% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 15988 112 Avenue

Walk Score Badge
Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
33

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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