7.0% price reduction

16042 108a Ave, Surrey, BC

$1,488,000
Est. Mortgage /mo

MLS# R3038949

4 Beds
3 Baths
2200 sqft
676 $ /sqft
1991 built
$1,488,000
$1,599,900
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

7.0% price reduction

Welcome to 16042 108A Avenue, a charming single-family residence nestled in the desirable Fraser Heights neighborhood of Surrey, British Columbia. This well-appointed home sits on a generous lot, offering comfortable living space. Featuring spacious bedrooms, well-designed bathrooms, and thoughtful updates throughout, it provides an ideal setting for family life with its bright interiors, functional layout, good school catchment, lush parks, and convenient highway access. This property represents an exceptional opportunity in one of Surrey's most sought-after communities.

General Info

Price $1,438,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2200
Lot Size 5071
Lot Size Depth Feet
Lot Size Frontage 0
Basement 0
Basement Features None

Property Metrics

Year Built 1991
Age Of Building 35
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R3038949
Building Name -
Area North Surrey
Neighbourhood Fraser Heights
City Surrey
Postal Code V4N 1P1
Price per Sqft -
Gross Taxes $5,281.52
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access, Concrete
Total Parking Spaces 4
Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites -
# of Kitchens 1
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer
Roof Wood

Property Timeline

Status Date Price
R3038949 / Active 08-20-2025 $1,438,000
Rooms
Floor Type Dimensions
Main Level Living Room 14' x 14' ft
Main Level Nook 12' x 12' ft
Main Level Dining Room 14' x 14' ft
Main Level Kitchen 15'6 x 15'6 ft
Main Level Family Room 14'6 x 14'6 ft
Main Level Bedroom 11' x 11' ft
Above Level Primary Bedroom 16'5 x 16'5 ft
Above Level Bedroom 10'2 x 10'2 ft
Above Level Bedroom 10'5 x 10'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4
Above Level No #4
Listed by: LeHomes Realty Premier

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.

Neighborhood & Transit Info

Public Schools

Elementary
Erma Stephenson Elementary School
Average
0.23 km
6.9/10
Secondary
Fraser Heights Secondary School
0.25 km

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

Private Schools

Elementary, Secondary
Pacific Academy
Above Average
2.09 km
8.9/10
Elementary, Secondary
Pacific Academy
Above Average
2.09 km
8.9/10

Closest Transit

Bus Stop
Westbound 108 Ave @ 160 St
0.22 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.18 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $440
Maintenance fee 0
A 20% down payment of $297,600 on this $1,488,000 listing yields an estimated mortgage of $5,683/month (30-year fixed, 4%). Total estimated housing cost: $6,123/month, $440 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $4,597/month in estimated rental income against $6,313/month in mortgage payments, the monthly cashflow is -$1,716/month. A 45% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,488,000
Surrey Loading...
Fraser Heights Loading...
This $1,488,000 listing sits 0.8% above the Fraser Heights average of $1,475,967 for similar 4-bedroom Single Family Residences (8 active comparables). This property is flagged as a Hot Deal (7.0% 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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 16042 108a Avenue, Surrey, BC?
The closest top-rated schools are Erma Stephenson Elementary School and Fraser Heights Secondary School.
Is 16042 108a Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 16042 108a Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $8,928.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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