Home Surrey, BC Fraser Heights 16195 111 Avenue

16195 111 Ave, Surrey BC V4N 1P5 – House for Sale – MLS® R3183265

16195 111 Avenue, Surrey, British Columbia V4N 1P5

Surrey Houses for Sale

Today on the market

$999,000

Est. monthly cost $4,586/mo

Updated with MLS® - Nov 12, 2026 at 11:10am

Fraser Heights

5 Beds

4 Baths

2786 sqft

359 $ /sqft

1998 built

NEW OPEN HOUSE 30.6% cheaper than comps

Photos

UNBELIEVABLE FRASER HEIGHTS OPPORTUNITY/$700K BELOW ASSESSED! Offered by its original owner for the first time at $999,000! Located in a quiet "Destiny Ridge" subdivision, this 28-yr-old 2-storey home sits on a generous 6,652 sq ft lot & offers 2,786 sq ft of living space. Features 6 bdrms, 4 baths, & unfinished basement with a separate entry—ready for your custom ideas or a future mortgage helper. This home is in need of significant maintenance and repairs & is being sold strictly "AS IS, WHERE IS." Calling all contractors, investors, & savvy buyers: Bring your vision & toolbelt to restore this spacious home to its full potential & reap massive rewards. Close to top schools, parks, transit, & Hwy 1. By appts & Open Houses Sat Nov 21/Sun Nov 22 from 2-4pm. Offers by Nov 24 by 1:00 pm!!

Open houses

21 Nov, 2026 (02:00 PM to 04:00 PM)

22 Nov, 2026 (02:00 PM to 04:00 PM)

Building 19 fields Inside & out 9 fields Lot & land 10 fields

Building Details

Price	$999,000
Total Bedrooms	5
Total Bathrooms	4
Full Bathrooms	3
Half Bathrooms	1
Floor Area Total (sqft)	2786
Year Built	1998
Age Of Building	28
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Building Name	Fraser Heights
Ownership Type	Freehold NonStrata
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Front Access, Aggregate
Total Parking Spaces	4
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Exterior Entry, Unfinished
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Roof	Concrete
Structures	Residential Detached

Lot & Land

Lot Size	6652
Lot Size Depth	Metres
Lot Size Frontage	135.5
MLS^® #	R3183265
Area	North Surrey
Neighbourhood	Fraser Heights
City	Surrey
Postal Code	V4N 1P5
Gross Taxes	$6,717.78
Zoning	R3

Property Timeline

Status	Date	Price
R3183265 / Active	11-12-2026	$999,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	5'7 x 5'7 ft
Main Level	Living Room	11'5 x 11'5 ft
Main Level	Dining Room	11'8 x 11'8 ft
Main Level	Kitchen	11'2 x 11'2 ft
Main Level	Nook	9'10 x 9'10 ft
Main Level	Family Room	16'2 x 16'2 ft
Main Level	Bedroom	10'1 x 10'1 ft
Main Level	Laundry	14'0 x 14'0 ft
Above Level	Primary Bedroom	12'3 x 12'3 ft
Above Level	Walk-In Closet	9'5 x 9'5 ft
Above Level	Bedroom	11'9 x 11'9 ft
Above Level	Bedroom	12'4 x 12'4 ft
Above Level	Bedroom	11'4 x 11'4 ft

Bathrooms

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

Listed by: Macdonald Realty (Surrey/152)

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 4.73 km · Fraser Heights Secondary School 7.5/10 · 0.78 km · crime average · sell-speed score 72/100 (likely within weeks) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (6 nearby)

Pho hung · 628 m · Restaurant
A&w · 649 m · Fast Food
Dddn pan pizza · 655 m · Restaurant

Shopping (4 nearby)

Fraser heights · 604 m · Post Office
Fraser heights pharmacy · 641 m · Pharmacy
Td · 780 m · Bank

Cafes (2 nearby)

Tim hortons · 679 m · Cafe
Starbucks · 800 m · Cafe

Healthcare (2 nearby)

Fraser heights pharmacy · 641 m · Healthcare
Rexall · 840 m · Healthcare

Groceries (1 nearby)

Fraser heights wine cellar · 635 m · Beverages

Transit (1 nearby)

Bus stop westbound 110 ave @ 157 st · 986 m · Transit

Public Schools

Secondary
Fraser Heights Secondary School: Above Average 0.78 km 7.5/10
Elementary
Erma Stephenson Elementary School: Above Average 0.57 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 1.18 km 10/10
Elementary, Secondary
Pacific Academy: Above Average 2.25 km 8.1/10

Closest Transit

Bus Stop
Westbound 108 Ave @ 162 St: 0.62 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029): 4.73 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

72 / 100

Overall sell-speed score

Likely within weeks

A+

Price competition grade

Avg comparable: $1,439,667

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 4.73 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

0 DOM

Listed

16195 111 Avenue has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 30.6% below comparable active properties in Fraser Heights, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V4N 1P5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 1P5, 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 (~6.5 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

12 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 575 m
Fraser Heights Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	7.5 / 10	Distance 783 m
Fraser Wood Elementary School	Public	Grades Served K-7	Catchment Info —	7.5 / 10	Distance 1.03 KM
Dogwood School	Independent	Grades Served —	Catchment Info —	10.0 / 10	Distance 1.18 KM
Dogwood Elementary School	Public	Grades Served K-7	Catchment Info —	6.9 / 10	Distance 1.21 KM
Harold Bishop Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 1.80 KM
Pacific Academy	Independent	Grades Served K-12	Catchment Info —	8.4 / 10	Distance 2.25 KM
Bothwell Elementary School	Public	Grades Served K-7	Catchment Info —	5.6 / 10	Distance 2.60 KM
Holly Elementary School	Public	Grades Served K-7	Catchment Info —	3.6 / 10	Distance 2.60 KM
Guildford Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.7 / 10	Distance 2.70 KM
William F. Davidson Elementary School	Public	Grades Served K-7	Catchment Info —	5.2 / 10	Distance 2.75 KM
North Surrey Secondary School	Public	Grades Served 8-12	Catchment Info —	6.7 / 10	Distance 2.96 KM

Walkability & Transit Near 16195 111 Avenue

Somewhat Walkable 53

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 42

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 16195 111 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 023-760-648).

Total Assessed Value (2026)

$1,699,000

2026 Value Trend

Land

$1,294,000

Buildings

$405,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,294,000	$405,000	$1,699,000	—

Costs & calculators

Monthly cost about $4,586/month · rent estimate $3,704/month · owning nets $202/month less than renting · cash flow if rented −$1,233/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 16195 111 Avenue

$4,586 /month

Principal & Interest $4,026

Property Taxes $560

Maintenance fee $0

The estimated monthly cost of 16195 111 Avenue, Surrey is $4,586: $4,026 principal and interest with 20% down over 30 years at 4.45%, plus $560 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

−$1,233 /month

Mortgage Payment $4,026

Monthly Cash Flow −$1,233

Break Even Down Payment 45%

Cap Rate -1.5%

Cash on Cash -7.4%

If 16195 111 Avenue, Surrey were rented at $3,704 a month with 5% vacancy, it would fall $1,233 a month short of the mortgage and carrying costs; about 45% 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 16195 111 Avenue, Surrey

$3,704 / month

Rent $3,704

Own $4,586

Principal: $1,295/mo Interest, tax, insurance, fees: $3,291/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,084/mo (year 1) → ~$2,521/mo (year 20) → ~$3,760/mo (year 29).

Net cost to own at year 5 ~$3,291/mo About $413/mo less than renting

EstateBlock estimates 16195 111 Avenue, Surrey would rent for about $3,704 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: 16195 111 Avenue

Rent vs own

Owning nets $202/mo less than renting

With 20% down ($199,800) at 4.45%: $3,502/mo net cost to own in year 1 vs $3,704/mo rent

Principal paid off by year 5 $71,219

Principal paid off by year 10 $160,150

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.

Owning 16195 111 Avenue, Surrey nets about $202 a month less than renting it in year 1, with $71,219 of principal paid off by year 5 and $160,150 by year 10.