Home Surrey, BC Morgan Creek 16 15255 36 Avenue

16 15255 36 Ave, Surrey BC V3Z 0Y4 – Townhouse for Sale – MLS® R3153438

16 15255 36 Avenue, Surrey, British Columbia V3Z 0Y4

Surrey Townhouses for Sale

96 days on the market

$899,999

Est. monthly cost $4,542/mo

Updated with MLS® - Nov 10, 2026 at 06:20pm

Ferngrove

4 Beds

4 Baths

1906 sqft

472 $ /sqft

573.51 $ Maint. fee

2004 built

8.1% price reduction

Photos

Welcome to Ferngrove, a boutique duplex style complex located in the heart of Morgan Creek.Walk down the quaint pathway nestled in a beautiful garden to your front door & enjoy the private front veranda overlooking the gardens.This home has a spacious living &dining rm w/gas fireplace.The kitchen has been updated in 2019 w/ new kitchen cabinets, countertops & SS GE Profile appliances. Island & a cozy family room w/gas f/p makes it the perfect place to relax. The balcony off the kitchen provides easy access to the bbq. Upstairs features a lg primary bedroom w/vaulted ceiling,ensuite, 2 other bedrooms w/full bathroom. Downstairs offers a 4th bedroom,rec rm or gym w/ its own3 pc ensuite.The lg. dbl side by side garage, has heavy duty shelving suspended from ceiling.Close to schools, shops,Bus

Building 27 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$899,999
Total Bedrooms	4
Total Bathrooms	4
Full Bathrooms	3
Half Bathrooms	1
Floor Area Total (sqft)	1906
Year Built	2004
Age Of Building	22
Building Type	Townhouse
Property Type	Residential
Stories	2
Building Amenities	Trash, Maintenance Grounds, Sewer, Snow Removal, Water
Building Name	Ferngrove
Ownership Type	Freehold Strata
Maintenance Fee	$573.51
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Open, Guest, Front Access, Rear Access, Aggregate, Garage Door Opener
Total Parking Spaces	2
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None
Units In Development	28

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Partial
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Storage, Vaulted Ceiling(s)
Fireplace	2
Heating Type	Baseboard, Forced Air, Natural Gas
Laundry	In Unit
# of Kitchens	1
Flooring	Wall/Wall/Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony
Roof	Tile
Structures	Residential Attached

Lot & Land

MLS^® #	R3153438
Area	South Surrey White Rock
Neighbourhood	Morgan Creek
City	Surrey
Postal Code	V3Z 0Y4
Gross Taxes	$4,094.74
Zoning	RM-15

Property Timeline

Status	Date	Price
R3153438 / Active	08-06-2026	$899,999
to view full Property History (1 earlier record)

Rooms

Floor	Type	Dimensions
Main Level	Foyer	11'11 x 11'11 ft
Main Level	Living Room	12'10 x 12'10 ft
Main Level	Dining Room	9'2 x 9'2 ft
Main Level	Family Room	13'7 x 13'7 ft
Main Level	Kitchen	11'3 x 11'3 ft
Above Level	Primary Bedroom	13'3 x 13'3 ft
Above Level	Bedroom	11'3 x 11'3 ft
Above Level	Bedroom	10'5 x 10'5 ft
Below	Bedroom	14'8 x 14'8 ft
Basement Level	Storage	6'2 x 6'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#4
Above Level	No	#4
Below	No	#3

Listed by: Engel & Volkers Vancouver (Branch)

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, sell speed & climate

SkyTrain 9.28 km · crime average · sell-speed score 40/100 (may take longer) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (5 nearby)

Krishnas curry and crepes house · 704 m · Restaurant
The keg · 748 m · Restaurant
Cactus club cafe · 890 m · Restaurant

Shopping (4 nearby)

Trendzone barbershop · 881 m · Hairdresser
Rbc royal bank · 942 m · Bank
Zig zag fashions - south surrey · 949 m · Clothes

Groceries (2 nearby)

Notti biscotti · 754 m · Bakery
Sungiven foods · 864 m · Supermarket

Transit (1 nearby)

Bus stop eastbound 32 ave @ croydon dr · 827 m · Transit

Public Schools

Elementary
Rosemary Heights Elementary School: Average 0.52 km 6.8/10

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

Private Schools

Elementary, Secondary
Southridge School: Above Average 2.46 km 9.6/10
Elementary, Secondary
Southridge School: Above Average 2.46 km 9.6/10

Closest Transit

Bus Stop
Northbound 152 St @ 36 Ave: 0.11 km
Skytrain
Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029): 9.28 km

Crime Rate

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

Demographics

Post-Secondary Education: Above Average 35.9%
No Certificate/Degree: Below Average 8.2%
Owner Occupied: Average 63.5%
Employment Rate: Average 61.8%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

40 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $798,630

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 9.28 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MORGAN CREEK compares

This property

96 DOM

Listed

16 15255 36 Avenue has a sell-speed score of 40/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 12.7% above comparable active properties in Morgan Creek. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.8% — buyers have more leverage. With 280 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3Z 0Y4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 0Y4, 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 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Surrey East, Surrey (~10.5 km). Annual avg AQHI 1.8 — 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.

Schools NearBy

9 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Rosemary Heights Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	6.8 / 10	Distance 524 m
Morgan Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 930 m
Semiahmoo Trail Elementary School	Public	Grades Served K-7	Catchment Info —	7.3 / 10	Distance 1.77 KM
Sunnyside Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.04 KM
Southridge School	Independent	Grades Served K-12	Catchment Info —	10.0 / 10	Distance 2.46 KM
Star of the Sea School	Independent	Grades Served K-7	Catchment Info —	8.7 / 10	Distance 2.52 KM
Star of the Sea	Independent	Grades Served —	Catchment Info —	4.6 / 10	Distance 2.59 KM
South Surrey White Rock Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.8 / 10	Distance 2.62 KM
White Rock Christian Academy	Independent	Grades Served K-12	Catchment Info —	8.9 / 10	Distance 2.70 KM

Walkability & Transit Near 16 15255 36 Avenue

Somewhat Walkable 50

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 43

Transit Score - Some Transit

A few nearby public transportation options

Bikeable 52

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 16 15255 36 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 025-903-373).

Total Assessed Value (2026)

$985,000

2026 Value Trend

Land

$770,000

Buildings

$215,000

Year Built

N/A

Class

N/A

Zoning

RM15

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$770,000	$215,000	$985,000	—

Costs & calculators

Monthly cost about $4,542/month · rent estimate $3,337/month · owning catches up with renting by year 11 · cash flow if rented −$1,428/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 16 15255 36 Avenue

$4,542 /month

Principal & Interest $3,627

Property Taxes $341

Maintenance fee $574

The estimated monthly cost of 16 15255 36 Avenue, Surrey is $4,542: $3,627 principal and interest with 20% down over 30 years at 4.45%, plus $341 property tax and $574 strata fee.

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

−$1,428 /month

Mortgage Payment $3,627

Monthly Cash Flow −$1,428

Break Even Down Payment 52%

Cap Rate -1.9%

Cash on Cash -9.5%

If 16 15255 36 Avenue, Surrey were rented at $3,337 a month with 5% vacancy, it would fall $1,428 a month short of the mortgage and carrying costs; about 52% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 16 15255 36 Avenue, Surrey

$3,337 / month

Rent $3,337

Own $4,542

Principal: $1,166/mo Interest, tax, insurance, fees: $3,376/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$977/mo (year 1) → ~$2,271/mo (year 20) → ~$3,387/mo (year 29).

Net cost to own at year 5 ~$3,376/mo About $39/mo more than renting

EstateBlock estimates 16 15255 36 Avenue, Surrey would rent for about $3,337 a month.

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.

Rent vs own: 16 15255 36 Avenue

Rent vs own

Owning catches up by year 11

With 20% down ($180,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $64,162

Principal paid off by year 10 $144,279

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 16 15255 36 Avenue, Surrey is cheaper at first, but owning catches up by year 11, with $64,162 of principal paid off by year 5 and $144,279 by year 10.