Listing history

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About this home

Set on a private 12,693 sqft lot backing onto a park, this charming 4 bedroom home is tucked away on a quiet cul-de-sac. Enjoy the backyard outlook from the spacious deck, with plenty of windows bringing natural light into the home. A great opportunity to build, renovate or invest. Conveniently located within walking distance of Peninsula Village Shopping Centre, Jessie Lee Elementary and Transit. Long term tenants currently occupy the home and would like to stay.

Home facts

Bedrooms: 4
Bathrooms: 2 full + 1 half
Interior: 1,611 sq ft
Lot size: 12,693 sq ft
Year built: 1976
Storeys: 2
Parking: 3
Property type: Single Family Residence
Basement: None
Garage: Yes
Carport: No
Area: South Surrey White Rock
Sub-area: King George Corridor
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Highlights

Balcony
Private yard

Features and inclusions

Appliances: Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating: Electric
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Garage Single
Lot: Central Location, Cul-De-Sac, Recreation Nearby

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by Sutton Group-West Coast Realty. Data from BCRES. Last updated Nov 12, 2026, 12:03 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.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $7,963
Property tax: $492/mo
Home insurance: $150/mo
Estimated monthly total: $8,604

Purchase snapshot

List price: $1,679,999
Down payment: $336,000 (20%)
Estimated mortgage: $1,343,999

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Bulk Barn9 min

Bike to White Rock Centre6 min

Walk to White Rock Centre19 min

Drive to downtown Vancouver1h 26m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 35%

Homes for sale nearby, by type

Detached348 for sale

Condo / Apartment293 for sale

Townhouse252 for sale

Half-duplex32 for sale

Mobile home32 for sale

Other26 for sale

Active listings within 3 km of this home.

Homes built in Surrey, by type

Single-detached59.0% · 115

Apartment in duplex28.2% · 55

Semi-detached10.3% · 20

Low-rise apartment2.6% · 5

Source: Statistics Canada, 2021 Census of Population. 195 dwellings.

Who lives here

Statistics Canada area 59152654 · Surrey

Median age: 40
Renter households: 31%
Average household size: 3.1
Median household income: $108,000

Population (2021): 587
Median rent: $1,700
Owner shelter cost: $2,000
30%+ of income on shelter: 41%
Owner households: 69%
Households with kids: 47%
Immigrants: 37%
Post-secondary: 68%
Average home value (2021): $1,380,000

Breakdown

$25,000 to $29,9992.9% · 5

$30,000 to $34,9992.9% · 5

$40,000 to $44,9992.9% · 5

$45,000 to $49,9995.7% · 10

$50,000 to $59,9998.6% · 15

$60,000 to $69,9995.7% · 10

$70,000 to $79,9995.7% · 10

$80,000 to $89,9995.7% · 10

$90,000 to $99,9995.7% · 10

$100,000 to $124,99911.4% · 20

$125,000 to $149,99911.4% · 20

$150,000 to $199,99920.0% · 35

$200,000 and over11.4% · 20

Source: Statistics Canada, 2021 Census Profile, dissemination area 59152654.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

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15534 Madrona Drive

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