16129 108 Ave, Surrey BC V4N 1P2 – House for Sale – MLS® R3181161

16129 108 Avenue, Surrey, British Columbia V4N 1P2

1 day on the market
$2,449,999
Est. monthly cost $10,624/mo
Listing updated:
EstateBlock checked:
7 Beds
6 Baths
4521 sqft
542 $ /sqft
2023 built
NEW
1 day on the market
$2,449,999
Est. $10,624/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 16129 108 Avenue

Beautifully finished custom home built in 2023 in the heart of Fraser Heights, offering 7 bedrooms, 6 bathrooms and 4,521 sqft of living space on an 8,171 sqft lot. The spacious, open-concept layout features hardwood flooring, custom cabinetry, premium appliances, radiant in-floor heating, air conditioning, home automation and a media room. A self-contained suite with its own entrance offers added flexibility. Outside, enjoy a landscaped backyard with a custom fire pit, plus a heated double garage and parking for up to 7 vehicles. Steps to Fraser Heights Secondary, tennis courts and trails, with shopping nearby and convenient access to Highways 1 and 17.

Building Details

Price $2,449,999
Total Bedrooms 7
Total Bathrooms 6
Full Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 4521
Year Built 2023
Age Of Building 3
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double
Total Parking Spaces 7

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Fireplace 3
Heating Type Heat Pump, Natural Gas, Radiant
# of Kitchens 3
Flooring Hardwood, Tile, Carpet
Foundation Slab

Exterior Features

Exterior Features Balcony
Roof Asphalt, Metal
Structures Residential Detached

Lot & Land

Lot Size 8171
Lot Size Depth Feet
Lot Size Frontage 54.5
MLS® # R3181161
Area North Surrey
Neighbourhood Fraser Heights
City Surrey
Postal Code V4N 1P2
Gross Taxes $9,008.62
Zoning R3

Property Timeline

Status Date Price
R3181161 / Active 11-04-2026 $2,449,999
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 13'5 x 13'5 ft
Main Level Living Room 13'5 x 13'5 ft
Main Level Laundry 11'5 x 11'5 ft
Main Level Office 6'10 x 6'10 ft
Main Level Bedroom 11'4 x 11'4 ft
Main Level Media Room 13'7 x 13'7 ft
Main Level Family Room 19'7 x 19'7 ft
Main Level Kitchen 19'5 x 19'5 ft
Main Level Dining Room 8'8 x 8'8 ft
Main Level Kitchen 18'5 x 18'5 ft
Main Level Patio 12'8 x 12'8 ft
Main Level Foyer 5'9 x 5'9 ft
Above Level Bedroom 11'4 x 11'4 ft
Above Level Bedroom 11'2 x 11'2 ft
Above Level Bedroom 11'0 x 11'0 ft
Above Level Primary Bedroom 16'5 x 16'5 ft
Above Level Walk-In Closet 7'11 x 7'11 ft
Above Level Kitchen 10'10 x 10'10 ft
Above Level Living Room 10'6 x 10'6 ft
Above Level Bedroom 11'11 x 11'11 ft
Above Level Bedroom 9'9 x 9'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #2
Above Level Yes #4
Above Level Yes #3
Above Level Yes #5

Listed by: Nationwide 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, sell speed & climate

SkyTrain 4.14 km · Fraser Heights Secondary School 7.5/10 · 0.2 km · crime average · sell-speed score 32/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (6 nearby)

  • Doma sushi · 165 m · Restaurant
  • Dddn pan pizza · 165 m · Restaurant
  • Pho hung · 219 m · Restaurant

Shopping (4 nearby)

  • Fraser heights · 180 m · Post Office
  • Fraser heights pharmacy · 244 m · Pharmacy
  • Td · 294 m · Bank

Cafes (2 nearby)

  • Tim hortons · 164 m · Cafe
  • Starbucks · 334 m · Cafe

Healthcare (2 nearby)

  • Fraser heights pharmacy · 244 m · Healthcare
  • Rexall · 359 m · Healthcare

Groceries (1 nearby)

  • Fraser heights wine cellar · 169 m · Beverages

Transit (1 nearby)

  • Bus stop westbound 110 ave @ 157 st · 905 m · Transit

Public Schools

Secondary
Fraser Heights Secondary School
Above Average 0.2 km 7.5/10
Elementary
Erma Stephenson Elementary School
Above Average 0.4 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 0.81 km 10/10
Elementary, Secondary
Pacific Academy
Above Average 1.92 km 8.1/10

Closest Transit

Bus Stop
Westbound 108 Ave @ 162 St
0.1 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.14 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
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

32 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,936,666
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.14 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
1 DOM
Listed

16129 108 Avenue has a sell-speed score of 32/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 26.5% 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 1P2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 1P2, 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 (~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.

Schools NearBy

17 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Fraser Heights Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.5 / 10

Distance

199 m

Erma Stephenson Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
7.2 / 10

Distance

404 m

Fraser Wood Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.5 / 10

Distance

657 m

Dogwood School

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

810 m

Dogwood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.9 / 10

Distance

859 m

Harold Bishop Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

1.26 KM

Pacific Academy

Independent

Grades Served

K-12

Catchment Info

—
8.4 / 10

Distance

1.92 KM

William F. Davidson Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.16 KM

Guildford Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.7 / 10

Distance

2.22 KM

Bothwell Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.6 / 10

Distance

2.31 KM

North Surrey Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.7 / 10

Distance

2.35 KM

Holly Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

2.35 KM

Johnston Heights Secondary School

Public

Grades Served

8-12

Catchment Info

—
6.4 / 10

Distance

2.51 KM

Mountainview Montessori

Public

Grades Served

K-7

Catchment Info

—
6.4 / 10

Distance

2.72 KM

Honour Secondary School

Independent

Grades Served

10-12

Catchment Info

—
N/A

Distance

2.86 KM

Serpentine Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.88 KM

Hjorth Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.1 / 10

Distance

2.88 KM

Walkability & Transit Near 16129 108 Avenue

Walk Score Badge
Very Walkable 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 42

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 61

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 16129 108 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 031-414-109).
Total Assessed Value (2026)
$2,327,000
2026 Value Trend
Land
$1,328,000
Buildings
$999,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,328,000 $999,000 $2,327,000 —

Costs & calculators

Monthly cost about $10,624/month · rent estimate $6,308/month · owning catches up with renting by year 22 · cash flow if rented −$4,851/month

Mortgage Calculator for 16129 108 Avenue

30-year fixed
$10,624 /month
Principal & Interest $9,873
Property Taxes $751
Maintenance fee $0

The estimated monthly cost of 16129 108 Avenue, Surrey is $10,624: $9,873 principal and interest with 20% down over 30 years at 4.45%, plus $751 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

−$4,851 /month
Mortgage Payment $9,873
Monthly Cash Flow −$4,851
Break Even Down Payment 60%
Cap Rate -2.4%
Cash on Cash -11.9%

If 16129 108 Avenue, Surrey were rented at $6,308 a month with 5% vacancy, it would fall $4,851 a month short of the mortgage and carrying costs; about 60% 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 16129 108 Avenue, Surrey

$6,308 / month
Rent $6,308
Own $10,624
Principal: $3,175/mo Interest, tax, insurance, fees: $7,449/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$2,658/mo (year 1) → ~$6,182/mo (year 20) → ~$9,220/mo (year 29).

Net cost to own at year 5 ~$7,449/mo About $1,141/mo more than renting

EstateBlock estimates 16129 108 Avenue, Surrey would rent for about $6,308 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: 16129 108 Avenue

Rent vs own

Owning catches up by year 22

With 20% down ($490,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $174,662
Principal paid off by year 10 $392,759

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 16129 108 Avenue, Surrey is cheaper at first, but owning catches up by year 22, with $174,662 of principal paid off by year 5 and $392,759 by year 10.

Price vs Neighbourhood Average — Fraser Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,449,999
Surrey Loading...
Fraser Heights Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,936,666 across 6 active listings — this listing is 26.5% above the Surrey 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 16129 108 Avenue

Walk Score Badge
Very Walkable 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 42

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 61

Bike Score - Bikeable

Some bike infrastructure

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