2622 162 St, Surrey BC V2Y 1T1 – House for Sale – MLS® R3181309

2622 162 Street, Surrey, British Columbia V2Y 1T1

4 days on the market
$1,990,000
Est. monthly cost $8,638/mo
Updated with MLS® -
Morgan Heights
4 Beds
4 Baths
3716 sqft
536 $ /sqft
2008 built
NEW
4 days on the market
$1,990,000
Est. $8,638/mo with 20% down
Updated with MLS® -

Property Details for 2622 162 Street

This home in Morgan Heights shows pride of ownership. From the Hardwood floors thru out the main floor to the high end appliances in you Kitchen with island it has been exceptionally well taken care of. You have Built-in's in your family room with its gas fireplace .Downstairs has a complete bar with Wine fridge as well as a secondary fridge in the large open games and Media rooms. With the gym and extra bedroom down you have plenty of room for a growing family. The 3 bedrooms up feature a large Master bedroom with vaulted ceiling and 5 piece ensuite. New Heating system in 2025 ,Geo thermal/AC. BI sprinklers. The 2 bedrooms up have a Jack and Jill bathroom. This home is walking distance to schools, Parks. recreation and shopping.

Building Details

Price $1,990,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3716
Year Built 2008
Age Of Building 18
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Morgan Heights
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, Front Access, Concrete
Total Parking Spaces 4
Rental Suites None

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Oil
# of Kitchens 1
Flooring Hardwood, Carpet
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Lot & Land

Lot Size 4059
Lot Size Depth Feet
Lot Size Frontage 44
MLS® # R3181309
Area South Surrey White Rock
Neighbourhood Grandview Surrey
City Surrey
Postal Code V2Y 1T1
Gross Taxes $7,423.81
Zoning RF12

Property Timeline

Status Date Price
R3181309 / Active 11-06-2026 $1,990,000
Rooms
Floor Type Dimensions
Main Level Living Room 17'0 x 17'0 ft
Main Level Kitchen 14'2 x 14'2 ft
Main Level Dining Room 13'8 x 13'8 ft
Main Level Den 11'0 x 11'0 ft
Main Level Flex Room 10'6 x 10'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Basement No #3

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, sell speed & climate

SkyTrain 9.66 km · crime average · sell-speed score 37/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (33 nearby)

  • Kin thai kitchen & bar · 425 m · Restaurant
  • De dutch · 458 m · Restaurant
  • Blaze pizza · 482 m · Restaurant

Shopping (32 nearby)

  • Coastal riders · 434 m · Sports Shop
  • Old navy · 467 m · Clothes
  • Indigo · 479 m · Bookshop

Cafes (3 nearby)

  • Chatime · 440 m · Cafe
  • Starbucks · 751 m · Cafe
  • Starbucks · 865 m · Cafe

Healthcare (3 nearby)

  • Pharmasave · 607 m · Healthcare
  • Shoppers drug mart · 748 m · Healthcare
  • London drugs · 848 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound 24 ave @ croydon dr · 966 m · Transit

Public Schools

Elementary
Pacific Heights Elementary School
Average 1.71 km 5.6/10

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 0.53 km 9.6/10
Elementary, Secondary
Southridge School
Above Average 0.53 km 9.6/10

Closest Transit

Bus Stop
Westbound 24 Ave @ 164 St
0.5 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
9.66 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 36%
No Certificate/Degree
Below Average 8%
Owner Occupied
Above Average 76.8%
Employment Rate
Average 63.3%

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

37 / 100
Overall sell-speed score
May take longer
B
Price competition grade
Avg comparable: $1,950,000
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.66 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 GRANDVIEW SURREY compares
This property
4 DOM
Listed

2622 162 Street has a sell-speed score of 37/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 2.1% above comparable active properties in Grandview Surrey. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.8% — buyers have more leverage. With 616 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 V2Y 1T1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 1T1, 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 (~10.8 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

15 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Southridge School

Independent

Grades Served

K-12

Catchment Info

—
10.0 / 10

Distance

531 m

Sunnyside Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

823 m

South Surrey White Rock Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.8 / 10

Distance

1.51 KM

Pacific Heights Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.6 / 10

Distance

1.71 KM

Morgan Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

1.93 KM

Jessie Lee Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

1.98 KM

Earl Marriott Secondary

Public

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.09 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

—
8.9 / 10

Distance

2.31 KM

Rosemary Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.41 KM

Star of the Sea School

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

2.56 KM

Star of the Sea

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.56 KM

Newbridge Academy

Independent

Grades Served

—

Catchment Info

—
8.1 / 10

Distance

2.61 KM

South Meridian Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.4 / 10

Distance

2.64 KM

Peace Arch Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.74 KM

Peace Arch Elementary

Public

Grades Served

—

Catchment Info

—
5.9 / 10

Distance

2.77 KM

Walkability & Transit Near 2622 162 Street

Walk Score Badge
Somewhat Walkable 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Bikeable 61

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 2622 162 Street

2026 assessed value, sourced from City of Surrey open data (PID 027-150-542).
Total Assessed Value (2026)
$1,905,000
2026 Value Trend
Land
$1,330,000
Buildings
$575,000
Year Built
N/A
Class
N/A
Zoning
R4
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,330,000 $575,000 $1,905,000 —

Costs & calculators

Monthly cost about $8,638/month · rent estimate $5,329/month · owning catches up with renting by year 19 · cash flow if rented −$3,782/month

Mortgage Calculator for 2622 162 Street

30-year fixed
$8,638 /month
Principal & Interest $8,019
Property Taxes $619
Maintenance fee $0

The estimated monthly cost of 2622 162 Street, Surrey is $8,638: $8,019 principal and interest with 20% down over 30 years at 4.45%, plus $619 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

−$3,782 /month
Mortgage Payment $8,019
Monthly Cash Flow −$3,782
Break Even Down Payment 58%
Cap Rate -2.3%
Cash on Cash -11.4%

If 2622 162 Street, Surrey were rented at $5,329 a month with 5% vacancy, it would fall $3,782 a month short of the mortgage and carrying costs; about 58% 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 2622 162 Street, Surrey

$5,329 / month
Rent $5,329
Own $8,638
Principal: $2,579/mo Interest, tax, insurance, fees: $6,059/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$2,159/mo (year 1) → ~$5,021/mo (year 20) → ~$7,489/mo (year 29).

Net cost to own at year 5 ~$6,059/mo About $730/mo more than renting

EstateBlock estimates 2622 162 Street, Surrey would rent for about $5,329 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: 2622 162 Street

Rent vs own

Owning catches up by year 19

With 20% down ($398,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $141,868
Principal paid off by year 10 $319,017

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 2622 162 Street, Surrey is cheaper at first, but owning catches up by year 19, with $141,868 of principal paid off by year 5 and $319,017 by year 10.

Price vs Neighbourhood Average — Grandview Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,990,000
Surrey Loading...
Grandview Surrey Loading...

Based on 2 comparable active Single Family Residences in Grandview Surrey, the average asking price is $1,950,000. This listing is priced 2.1% 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 2622 162 Street

Walk Score Badge
Somewhat Walkable 64

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 34

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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