Great location! The perfect starter home in Pitt Meadows! This charming Rancher is located in Exclusive Summerset just next to one of the BEST schools-Edith Mcdermott Elementary. Enjoy Gas stove and Fireplace with a huge 7077 sq ft. lot and a 10x10 Shed & NW backyard exposure. Open functional fllor plan with 4 bedroom plus 2 bath. Super convenient location close to Shopping, Restaurants, meadow Gardens Golf Club, Easy access to Lougheed Hwy and all that Sommerset has to offer! Plus central air-conditioner. Open house Jul 11 2:30-4pm. we will not review offer until JUL 11, 2026 at 5pm.
Property details
4
Beds
2 full
Baths
1,551 ft²
Floor area
7,077 ft²
Lot size
1989
Year built
1
Storey
$8,019/yr
Gross tax
Location & structure
Single Family Residence
Type
None
Basement
Yes
Garage
No
Carport
1
Fireplace
Pitt Meadows
Area
Mid Meadows
Sub-area
Basement
None
Structure
Residential Detached
Property highlights
Air conditioning
In-suite laundry
Private yard
Golf course
Gas range
Fireplace
Features & inclusions
Heating
Forced Air
Cooling
Central Air
Parking
Garage Double
Laundry
In Unit
Community
Independent living
Additional details
Levels
One
Main floor (ground)
1,551 ft²
Tax year
2026
Listed by Nu Stream Realty Inc.. Data from BCRES. Last updated Jul 9, 2026, 9:29 AM.
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.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $230,000 down (20%) on $1,150,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 245 listings
Detached
128
52.2%
Condo / Apartment
53
21.6%
Townhouse
45
18.4%
Land
11
4.5%
Mobile home
4
1.6%
Other
4
1.6%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59151825· Pitt Meadows· Transit 84/100 (780m to rapid)· 0.10 km²
Median rent here
$1,450
Owner shelter cost
$1,350
Renters
20.5%
30%+ on shelter
19.0%
Population (2021)
234
Median age
53.6
Avg household size
2.5
Avg household income
$118,400
Renters
20.5%
Owners
100.0%
Immigrants
9.8%
Post-secondary
50.0%
Avg home value
$1,000,000
Single status
17.1%
Not in labour force
33.3%
Households with kids
36.8%
Median rent
$1,450
Owner shelter cost
$1,350
30%+ on shelter
19.0%
Breakdown
Under $5,000
55
0.7%
$5,000 to $9,999
25
0.3%
$10,000 to $14,999
40
0.5%
$15,000 to $19,999
80
1.1%
$20,000 to $24,999
190
2.6%
$25,000 to $29,999
180
2.4%
$30,000 to $34,999
215
2.9%
$35,000 to $39,999
175
2.4%
$40,000 to $44,999
215
2.9%
$45,000 to $49,999
195
2.6%
$50,000 to $59,999
460
6.2%
$60,000 to $69,999
435
5.9%
$70,000 to $79,999
485
6.5%
$80,000 to $89,999
405
5.5%
$90,000 to $99,999
400
5.4%
$100,000 to $124,999
955
12.9%
$125,000 to $149,999
875
11.8%
$150,000 to $199,999
1,095
14.8%
$200,000 and over
935
12.6%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59151825).
Market story
Rent in Pitt Meadows
Census 2021 avg $1,450/mo here · Vancouver 4BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
Vancouver CMA rental snapshot · 2025
Purpose-built vacancy
3.7%
Avg 2BR rent
$2,363
+2.2% YoY
Condo vacancy
1.5%
Avg 2BR condo rent
$2,900
Source: CMHC Rental Market Report (2025)
CMHCVancouver outlook
From the CMHC Spring 2026 Housing Supply Report · Mar 2026
