16055 111a Ave, Surrey BC - Single Family Residence for Sale - MLS# R3118603

128 days on the market
$1,799,000
Est. Mortgage $7,959/mo
Listing updated:
EstateBlock checked:
Fraser Heights
8 Beds
5 Baths
4012 sqft
448 $ /sqft
2005 built
5.3% price reduction
128 days on the market
$1,799,000
$1,899,000
Est. $7,959/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 16055 111a Avenue

5.3% price reduction

This 2-level with basement home is ideally located in the heart of the desirable Fraser Heights community, offering comfort, convenience, and exceptional livability. Situated on a spacious 6,276 sq.ft. lot with 4,012 sq.ft. of interior living space, this well-designed home features 8 bedrooms, 4 full bathrooms, and 1 powder room—perfect for large or multi-generational families. The upper floor offers 4 bright and spacious bedrooms filled with natural light, creating a warm and comfortable living environment. The basement includes a self-contained 4-bedroom rental suite with a separate private entrance, providing excellent mortgage helper potential or flexible space for extended family living. Located in the catchment of Erma Stephenson Elementary and Fraser Heights Secondary School.

Interior Features

Basement Finished Area (sqft) 1317
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Forced Air
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Concrete
Structures Residential Detached

Building Details

Price $1,799,000
Total Bedrooms 8
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4012
Year Built 2005
Age Of Building 21
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Fraser Heights
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 Garage Double, Front Access, Concrete, Garage Door Opener
Total Parking Spaces 6
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 6276
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3118603
Area North Surrey
Neighbourhood Fraser Heights
City Surrey
Postal Code V4N 4Z2
Gross Taxes $7,743.83
Zoning SFD

Property Timeline

Status Date Price
R3118603 / Active 05-01-2026 $1,799,000
Rooms
Floor Type Dimensions
Main Level Foyer 7' x 7' ft
Main Level Living Room 12'1 x 12'1 ft
Main Level Dining Room 13'10 x 13'10 ft
Main Level Kitchen 11'6 x 11'6 ft
Main Level Nook 10'7 x 10'7 ft
Main Level Family Room 17'8 x 17'8 ft
Main Level Laundry 9'11 x 9'11 ft
Main Level Office 8'7 x 8'7 ft
Above Level Primary Bedroom 12'1 x 12'1 ft
Above Level Bedroom 11'5 x 11'5 ft
Above Level Bedroom 12'8 x 12'8 ft
Above Level Bedroom 11'1 x 11'1 ft
Above Level Walk-In Closet 12'1 x 12'1 ft
Basement Level Living Room 17'4 x 17'4 ft
Basement Level Kitchen 12'2 x 12'2 ft
Basement Level Bedroom 8'4 x 8'4 ft
Basement Level Bedroom 11'6 x 11'6 ft
Basement Level Bedroom 11'6 x 11'6 ft
Basement Level Bedroom 8'0 x 8'0 ft
Basement Level Laundry 7'5 x 7'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level No #3
Above Level No #3
Basement No #3

Listed by: Pan Pacific Canada Realty Inc.

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 0.84 km 7.5/10
Elementary
Erma Stephenson Elementary School
Above Average 0.49 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 1.05 km 10/10
Elementary, Secondary
Pacific Academy
Above Average 2.52 km 8.1/10

Closest Transit

Bus Stop
Westbound 108 Ave @ 160 St
0.74 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
Above Average 34.2%
No Certificate/Degree
Average 13.7%
Owner Occupied
Average 63.2%
Employment Rate
Above Average 74.1%

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

56 / 100
Overall sell-speed score
Moderate pace expected
B
Price competition grade
Avg comparable: $1,865,563
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.71 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How FRASER HEIGHTS compares
This property
128 DOM
Listed
Fraser Heights avg
Surrey avg

16055 111a Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 3.7% below comparable active properties in Fraser Heights, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4N 4Z2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 4Z2, 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 (BC ENV 2024). 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)

  • Pho hung · 636 m · Restaurant
  • A&w · 638 m · Fast Food
  • Dddn pan pizza · 690 m · Restaurant

Shopping (4 nearby)

  • Fraser heights · 632 m · Post Office
  • Fraser heights pharmacy · 637 m · Pharmacy
  • Td · 775 m · Bank

Cafes (2 nearby)

  • Tim hortons · 718 m · Cafe
  • Starbucks · 779 m · Cafe

Healthcare (2 nearby)

  • Fraser heights pharmacy · 637 m · Healthcare
  • Rexall · 818 m · Healthcare

Groceries (1 nearby)

  • Fraser heights wine cellar · 668 m · Beverages

Transit (1 nearby)

  • Bus stop southbound 156 st @ 110 ave · 989 m · Transit

Schools NearBy

13 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

486 m

Fraser Heights Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.5 / 10

Distance

839 m

Dogwood School

Independent

Grades Served

Catchment Info

10.0 / 10

Distance

1.05 KM

Dogwood Elementary School

Public

Grades Served

K-7

Catchment Info

6.9 / 10

Distance

1.07 KM

Fraser Wood Elementary School

Public

Grades Served

K-7

Catchment Info

7.5 / 10

Distance

1.26 KM

Harold Bishop Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

1.75 KM

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

2.36 KM

Pacific Academy

Independent

Grades Served

K-12

Catchment Info

8.4 / 10

Distance

2.52 KM

Guildford Learning Centre

Public

Grades Served

10-12

Catchment Info

3.7 / 10

Distance

2.58 KM

William F. Davidson Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

2.72 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

0

Distance

2.78 KM

Bothwell Elementary School

Public

Grades Served

K-7

Catchment Info

5.6 / 10

Distance

2.88 KM

Johnston Heights Secondary School

Public

Grades Served

8-12

Catchment Info

6.4 / 10

Distance

3.00 KM

Walkability & Transit Near 16055 111a Avenue

Walk Score Badge
Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 31

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 16055 111a Avenue

2026 assessed value, sourced from City of Surrey open data (PID 026-037-238).
Total Assessed Value (2026)
$1,780,000
2026 Value Trend
Land
$1,266,000
Buildings
$514,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,266,000 $514,000 $1,780,000

Mortgage Calculator for 16055 111a Avenue

/month
Principal & Interest
Property Taxes $645
Maintenance fee 0
Financing 80% of the $1,799,000 asking price over 30 years at 4% results in approximately $7,516/month in total estimated carrying costs, $645 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $5,716/month in rental income, leaving a -$1,987/month cashflow at current carrying costs. Investors targeting break-even would need roughly 44% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 16055 111a Avenue, Surrey

Buy Vs Rent Calculator

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

Rent vs own

Principal paid off by year 5
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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 $1,799,000
Surrey Loading...
Fraser Heights Loading...

Based on 2 comparable active Single Family Residences in Fraser Heights, the average asking price is $1,869,000. This listing is priced 3.7% below the neighbourhood average. This property is flagged as a Hot Deal (5.3% price reduction) based on its competitive pricing and market demand.

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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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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 16055 111a Avenue

Walk Score Badge
Car-Dependent 57

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 31

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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