16051 16 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3062300

$3,999,999
Est. Mortgage $17,696/mo
3 Beds
3 Baths
2100 sqft
1905 $ /sqft
1999 built
$3,999,999
Est. $17,696/mo with 20% down
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

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Property Details for 16051 16 Avenue

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.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Fireplace 1
Heating Type Forced Air
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $3,999,999
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2100
Year Built 1999
Age Of Building 26
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Double, Front Access
Total Parking Spaces 8
Rental Suites None

Lot & Land

Lot Size 20146
Lot Size Depth Feet
Lot Size Frontage 182
MLS® # R3062300
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Postal Code V4A 1S3
Gross Taxes $6,649.76
Zoning R3

Property Timeline

Status Date Price
R3062300 / Active 10-27-2025 $3,999,999
R2954468 / Expired 01-09-2025 $4,888,000
R2875565 / Expired 04-25-2024 $4,888,000
Rooms
Floor Type Dimensions
Main Level Kitchen 14' x 14' ft
Main Level Dining Room 7'4 x 7'4 ft
Main Level Family Room 11' x 11' ft
Main Level Living Room 17' x 17' ft
Main Level Pantry 8' x 8' ft
Main Level Laundry 10' x 10' ft
Main Level Den 8' x 8' ft
Above Level Bedroom 13' x 13' ft
Main Level Bedroom 13' x 13' ft
Main Level Bedroom 19'4 x 19'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2

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.

Map & Neighbourhood

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

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
20.9%
No Certificate/Degree
Average
14.6%
Owner Occupied
Below Average
48.4%
Employment Rate
Below Average
49.2%

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

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 11.64 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How KING GEORGE CORRIDOR compares
This property
255 DOM
Listed
King George Corridor avg
Surrey avg

16051 16 Avenue has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4A 1S3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 1S3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~12.8 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Surrey currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 16051 16 Avenue

Walkability & Transit Near 16051 16 Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 47

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 16051 16 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 011-427-400).
Total Assessed Value (2026)
$1,716,000
2026 Value Trend
Land
$1,442,000
Buildings
$274,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,442,000 $274,000 $1,716,000

Mortgage Calculator for 16051 16 Avenue

/month
Principal & Interest
Property Taxes $554
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($800,000), the estimated monthly payment for this listing is $15,831/month — $15,277 principal & interest, $554 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $9,001/month, this property runs a $7,121/month shortfall after mortgage and carrying costs. Break-even requires approximately 58% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — King George Corridor, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $3,999,999
Surrey Loading...
King George Corridor Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $3,529,999 across 2 active listings — this listing is 13.3% above the Surrey average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 16051 16 Avenue

Walk Score Badge
Car-Dependent 60

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 47

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
62

Bike Score - Bikeable

Some bike infrastructure

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