16371 108 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3109824

$2,050,000
Est. Mortgage $9,069/mo
7 Beds
5 Baths
4231 sqft
485 $ /sqft
2005 built
12.3% price reduction
$2,050,000
$2,338,800
Est. $9,069/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

Photos

Property Details for 16371 108 Avenue

12.3% price reduction

Stunning European-style custom home, meticulously maintained on a beautiful 7682 sq.ft. lot. This 4200+ sq.ft. gem boasts top-tier finishes, including hardwood floors, granite countertops, and exquisite crown moldings. Except 5 bedrooms and 4 bathrooms, a highlight is the 2-bedroom side suite with its own washer and dryer. The garden is beautifully landscaped, offering exceptional curb appeal. With top-of-the-line appliances, designer window coverings, and a prime location just minutes from schools and the community centre, this home is a must-see!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Flooring Hardwood, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,050,000
Total Bedrooms 7
Total Bathrooms 5
Full Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 4231
Year Built 2005
Age Of Building 21
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas 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 4
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 7682
Lot Size Depth Feet
Lot Size Frontage 63
MLS® # R3109824
Area North Surrey
Neighbourhood Fraser Heights
City Surrey
Postal Code V4N 1N7
Gross Taxes $7,395.74
Zoning RES

Property Timeline

Status Date Price
R3109824 / Active 04-09-2026 $2,050,000
Rooms
Floor Type Dimensions
Main Level Living Room 12'10 x 12'10 ft
Main Level Kitchen 12'10 x 12'10 ft
Main Level Family Room 14'10 x 14'10 ft
Main Level Recreation Room 20' x 20' ft
Main Level Bedroom 12' x 12' ft
Main Level Laundry 12'6 x 12'6 ft
Main Level Kitchen 16' x 16' ft
Main Level Living Room 18' x 18' ft
Main Level Bedroom 12' x 12' ft
Main Level Bedroom 12' x 12' ft
Main Level Flex Room 13' x 13' ft
Above Level Primary Bedroom 12'6 x 12'6 ft
Above Level Bedroom 13'6 x 13'6 ft
Above Level Bedroom 12'10 x 12'10 ft
Above Level Bedroom 13' x 13' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #3
Above Level Yes #5
Above Level No #4
Above Level No #4

Listed by: Royal LePage West Real Estate Services

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
0.63 km
7.5/10
Elementary
Fraser Wood Elementary School
Above Average
0.34 km
7.5/10

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
1.28 km
10/10
Elementary, Secondary
Pacific Academy
Above Average
1.57 km
8.1/10

Closest Transit

Bus Stop
Westbound 108 Ave @ 164 St
0.03 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
4.38 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

44 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,699,040
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.38 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
91 DOM
Listed
Fraser Heights avg
Surrey avg

16371 108 Avenue has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 17.1% 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 1N7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 1N7, 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 days 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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 16371 108 Avenue

Walkability & Transit Near 16371 108 Avenue

Walk Score Badge
Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 16371 108 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 017-453-062).
Total Assessed Value (2026)
$2,041,000
2026 Value Trend
Land
$1,299,000
Buildings
$742,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,299,000 $742,000 $2,041,000

Mortgage Calculator for 16371 108 Avenue

/month
Principal & Interest
Property Taxes $616
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($410,000), the estimated monthly payment for this listing is $8,446/month — $7,830 principal & interest, $616 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
At an estimated rental income of $6,154/month, this property runs a $2,476/month shortfall after mortgage and carrying costs. Break-even requires approximately 46% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Fraser Heights, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,050,000
Surrey Loading...
Fraser Heights Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $2,041,317 across 6 active listings — this listing is 0.4% above the Surrey average. This property is flagged as a Hot Deal (12.3% 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 16371 108 Avenue

Walk Score Badge
Car-Dependent 62

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 33

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
54

Bike Score - Bikeable

Some bike infrastructure

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