Pier 16

16228 16th Avenue, Surrey, BC
Built 2011
43 units
Townhouse
2 active

Pier 16 Floor Plans (7)

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About Pier 16

Pier 16 offers 43 three-level townhomes located in the up-and-coming Morgan Heights neighbourhood. Coastal inspired, the exteriors and interiors are reminiscent of the traditional cape cods but with a sophisticated twist. Weathered shingles, window boxes, crisp white kitchens, quartz counters are just a few of the great things you will find. Step outside to the large private yards that invites relaxation and entertaining. These coastal row homes are perfectly placed between Morgan Heights and the beaches of White Rock. You will conveniently find yourself near shopping, services, parks, and schools. These thoughtfully designed homes are sure exceed all expectations with their contemporary designs, quality finishings and attention to detail. 

School Catchment

Investor Insights — Townhouses in King George Corridor

Estimated rental yields based on MLS data for townhouses in King George Corridor.

Type Beds Avg Rent Avg Sale Strata Net Yield
Townhouse 3 $3,058/mo $729,418 $419/mo 3.7%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

3 homes have sold in Pier 16 in the past year

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$98,000Median household income
89%Owner-occupied
71.1%Single-detached homes
2.5Avg household size
50Median age
39.1%Bachelor's degree or higher (25-64)
55.6%Commute under 30 min
89.8%Drive to work
26.4%Foreign-born residents
5,839Neighbourhood population

Age

Under 15: 14.6%15 to 64: 57.4%65 and over: 28%
  • Under 1514.6%
  • 15 to 6457.4%
  • 65 and over28%

Household size

  • 1 person21.3%
  • 239.6%
  • 314.8%
  • 416.4%
  • 5 or more7.9%

Language spoken at home

76% English mother tongue

  • Mandarin5%
  • Punjabi3.7%
  • English + other2.4%
  • Cantonese1.1%
  • German1.1%
  • French1%
  • All others9.7%

Mother tongue, share of 5,655 residents.

How this pocket differs

  • fewer people living alone than King George Corridor 21.3% vs 30.4%
  • more 4-person households than King George Corridor 16.4% vs 12.6%
  • more 5+ person households than King George Corridor 7.8% vs 6.2%
  • notably fewer Mandarin speakers than King George Corridor 5% vs 8.2%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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