16051 16 Ave, Surrey, BC, MLS® R3062300

$3,999,999
Est. Mortgage /mo

NEW

$3,999,999
Est. Mortgage /mo
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
3 Beds
3 Baths
2 Stories
lot 20146 sqft
2100 sqft
1999 built
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Map
Street view
Schools
Crime
Commute
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16051 16 Ave, Surrey, BC | MLS® R3062300 Property Details

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 drive, walking distance to Earl Marriott high school, a short drive to South Meridian Elementary and transit right outside your front door this is a prime location to build. See attached documents for recent approvals and pending applications in the area. Measurements taken by realtor and are Approx. Buyers and Buyer's Agent to verify if important. Call for more details.

General Info

Price $3,999,999
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2100
Lot Size 20146
Lot Size Depth Feet
Lot Size Frontage 182
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1999
Age Of Building 26
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3062300
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Gross Taxes $6,649.76
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Front Access
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning R3
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Community, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Hugh & McKinnon Realty Ltd.

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.

Neighborhood Info

Public Schools

Elementary
South Meridian Elementary School
Average
0.7 km
6.5/10
Secondary
Earl Marriott Secondary School
0.56 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
1.86 km
Elementary, Secondary
Eaton Arrowsmith School White Rock
1.86 km

Closest Transit

Bus Stop
Eastbound 16 Ave @ 160 St
0.06 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
11.64 km

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

Welcome to 16051 16 Avenue, Surrey, BC

As we explore this beautiful community, I'm excited to share with you the highlights of this outstanding property with MLS number R3062300. Located in the heart of Surrey, this home is a gem, offering the perfect blend of comfort, convenience, and lifestyle.

Education

Just down the road, you'll find South Meridian Elementary School, a highly-rated institution with a 6.5/10 rating. This school is a mere 0.7 km away, making it an ideal choice for families who value proximity and quality education. Additionally, Earl Marriott Secondary School is also nearby, with a rating of No Rating. Both schools are committed to providing a safe and supportive learning environment that fosters academic excellence and personal growth.

For those seeking independent school options, Eaton Arrowsmith School White Rock is just 1.86 km away, offering a unique and comprehensive education experience.

Safety and Security

As we discuss the crime statistics, I want to assure you that this neighborhood is a safe and welcoming community. According to Statistics Canada's 2020 report, the overall crime rate in this area is 7,512.73 incidents per 100,000 population, which is considered Average compared to other Canadian cities. This is a testament to the strong community spirit and effective policing in this region. Additionally, the year-by-year change in the total crime rate is -12.05%, indicating a decline in crime rates.

Demographics

This neighborhood is home to a diverse population with a median household income of $80,567, which is Above Average compared to the British Columbia average. The median personal income is also $38,272, making it a desirable location for families and professionals alike. Furthermore, 20.9% of residents hold a university certificate or degree, which is Average in comparison to other BC neighborhoods.

Lifestyle and Amenities

As you explore this community, you'll discover a range of amenities that cater to your lifestyle needs. The King George Corridor is a vibrant and dynamic area, with a population change of 6.3% between 2011 and 2016, which is Above Average in comparison to average growth rates in this region. You can enjoy a variety of parks, beaches, trails, and dog parks, as well as shopping malls, grocery stores, restaurants, and coffee shops.

Transit and Commuting

Convenience is key, and this neighborhood has it in spades. The closest Bus station is Eastbound 16 Ave @ 160 St, just 0.06 km away, making it easy to get around the city. Additionally, the average age of the population is 49.1, which is High in comparison to other BC cities, indicating a stable and settled community.

Real Estate Context

As we discuss the property details, I want to highlight that the average value of dwellings in this neighborhood is $793,907, which is High compared to other areas in British Columbia. The average owner payments are Average, with owners spending $1,254 on average for their dwellings. Tenants are paying $1,306 in this district, which is Above Average compared to other cities.

Insider Tips and Insights

As a seasoned realtor, I can share with you that this neighborhood is a hidden gem, offering a unique blend of comfort, convenience, and lifestyle. Whether you're a family, professional, or retiree, this community has something for everyone. With its strong sense of community, excellent schools, and range of amenities, this property with MLS number R3062300 is an exceptional choice for anyone looking to call this beautiful neighborhood home.

Now, let's take a closer look at this stunning property and see what it has to offer.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,999,999
Surrey No comparables
King George Corridor No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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