314 15368 16a Ave, Surrey BC - Apartment/Condo for Sale - MLS# R3123637

$638,000
Est. Mortgage $2,823/mo
Ocean Bay Villas
2 Beds
2 Baths
1094 sqft
583 $ /sqft
654.23 $ Maint. fee
2004 built
$638,000
Est. $2,823/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
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Property Details for 314 15368 16a Avenue

Welcome to OCEAN BAY VILLAS! This beautifully updated 2 bed, 2 bath south-facing home offers bright, spacious living with over $25,000 in renovations Including custom fireplace, paint, updated kitchen, bathrooms and black out blinds in both bedrooms. This unit feels like a rancher with 9-foot ceilings, open layout and a thoughtfully updated kitchen with plenty of cabinet space. The oversized primary bedroom offers enough room for a home office. Enjoy outdoor living year-round with two covered balconies overlooking the beautiful courtyard. Includes 2 parking stalls and a storage locker. Enjoy excellent amenities like a guest suite, gym, amenities room, workshop, and car wash bay. Walking distance to transit, shopping, Semiahmoo Mall, White Rock Beach, hospital and schools.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Elevator, Guest Suite, Storage
Fireplace 1
Heating Type Baseboard, Electric, Natural Gas
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description courtyard
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $638,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1094
Year Built 2004
Age Of Building 22
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Exercise Centre, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Water
Building Name Ocean Bay Villas
Ownership Type Freehold Strata
Maintenance Fee $654.23
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Trash, Maintenance Grounds, Gas, Hot Water, Management, Recreation Facilities, Sewer, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Underground, Guest, Front Access, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites None
Units In Development 157

Lot & Land

MLS® # R3123637
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Postal Code V4A 1S9
Gross Taxes $2,709.74
Zoning CD

Property Timeline

Status Date Price
R3123637 / Active 05-14-2026 $638,000
R2839859 / Sold 02-27-2024 $698,000
Rooms
Floor Type Dimensions
Main Level Foyer 5'0 x 5'0 ft
Main Level Kitchen 8'6 x 8'6 ft
Main Level Dining Room 12'0 x 12'0 ft
Main Level Living Room 14'7 x 14'7 ft
Main Level Primary Bedroom 11'5 x 11'5 ft
Main Level Walk-In Closet 6'9 x 6'9 ft
Main Level Bedroom 20'7 x 20'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #3

Listed by: Macdonald Realty (Surrey/152) & Macdonald Realty (Surrey/152)

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
Jessie Lee Elementary School
0.91 km
Secondary
Earl Marriott Secondary School
0.81 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
0.52 km
Elementary, Secondary
Eaton Arrowsmith School White Rock
0.52 km

Closest Transit

Bus Stop
Westbound 16 Ave @ 154 St
0.08 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
12.34 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
21.1%
No Certificate/Degree
Below Average
12.5%
Owner Occupied
Below Average
51%
Employment Rate
Below Average
47.4%

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

32 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $449,024
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 12.34 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
56 DOM
Listed
King George Corridor avg
Surrey avg

314 15368 16a Avenue has a sell-speed score of 32/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 29.6% above comparable active properties in King George Corridor. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V4A 1S9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 1S9, 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 (~13.5 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 314 15368 16a Avenue

Walkability & Transit Near 314 15368 16a Avenue

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 59

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
70

Bike Score - Very Bikeable

Biking is convenient for most trips

BC Assessment Value — 314 15368 16a Avenue

2026 assessed value, sourced from City of Surrey open data (PID 025-956-761).
Total Assessed Value (2026)
$635,000
2026 Value Trend
Land
$428,000
Buildings
$207,000
Year Built
N/A
Class
N/A
Zoning
CD
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $428,000 $207,000 $635,000

Mortgage Calculator for 314 15368 16a Avenue

/month
Principal & Interest
Property Taxes $226
Maintenance fee 654.23
A 20% down payment of $127,600 on this $638,000 listing yields an estimated mortgage of $2,437/month (30-year fixed, 4%). Total estimated housing cost: $3,317/month, $226 property tax, $654 maintenance fee.
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
With $2,309/month in estimated rental income against $3,369/month in mortgage payments, the monthly cashflow is -$1,060/month. A 55% down payment would reach break-even.
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 $638,000
Surrey Loading...
King George Corridor Loading...

Based on 15 comparable active apartments/condos in King George Corridor, the average asking price is $575,727. This listing is priced 10.8% above the neighbourhood 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 314 15368 16a Avenue

Walk Score Badge
Car-Dependent 89

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 59

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
70

Bike Score - Very Bikeable

Biking is convenient for most trips

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