$3,999,999

16051 16 AVENUE

Surrey BC V4A 1S3 - King George Corridor
3 bd
2.5 ba
2,100 sqft
Built 1999

About This Property

Investor/Developer Alert!!! Fantastic opportunity for development into multi family residential units. Currently designated up to 25 units per acre (with 30 UPA behind and across the street), please verify land use with the City of Surrey. So many benefits to this location: proximity to the USA border, HWY 99 access 2 mins away, White Rock beach 5 min…

Features

Balcony
Garage Double
Front Access
Shopping Nearby
Room measurements10 rooms
KitchenMain · 14' × 14'
Dining RoomMain · 14' × 7'4
Family RoomMain · 13'9 × 11'
Living RoomMain · 13' × 17'
PantryMain · 8' × 8'
LaundryMain · 5' × 10'
DenMain · 10' × 8'
BedroomAbove · 12' × 13'
BedroomMain · 12' × 13'
BedroomMain · 12'8 × 19'4

Property Details

MLS NumberR3062300
Property TypeSingle Family Residence
Bedrooms3
Bathrooms2.5
Square Feet2,100
Lot Size20,146 sqft
Year Built1999
Parking Spaces2
HeatingForced Air
Days on Market306
StatusActive
Listed ByHugh & McKinnon Realty Ltd.

School Catchment

Elementary South Meridian
Secondary Earl Marriott

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.

Thinking of selling in King George Corridor?

See what your home could be worth and how the local market is moving.

Monthly Cost Calculator

Estimated monthly cost $19,203
Mortgage payment$18,249
Property tax$554
Home insurance$400
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 27

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