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$4,900,000

16216 20 AVENUE

Surrey · MLS® R3153853

3 bed · 3 bath · 3,726 sq ft · 49,136 sq ft lot · 6 parking

House · Single Family · built 1972 · 58 days on market

Listed by Jared Gibbons, Royal LePage Little Oak Realty

Rare opportunity to acquire a 1.13-acre development site within South Surrey's designated Highway 99 Corridor Plan. This strategic 20th Avenue location offers immediate access to Highway 99, established truck routes, the U.S. border, and dual international airports. The corridor is planned for Business Park and light industrial uses and is supported by major commercial investment nearby, including the 24 Ave Commercial Node, Grandview Corners, and Morgan Crossing. Strong fundamentals, proven demand, and long-term growth drivers make this site well suited for value-add, build-to suit, or multi-tenant industrial/commercial development.

Type: House, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 3,726 sq ft
Lot: 49,136 sq ft
Parking: 6
Year built: 1972
Property tax: $6,517 / yr
Days on market: 58
MLS®: R3153853

Price per sq ft: $1,315 vs $531 median for houses in Surrey for sale (1883)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Washer
Refrigerator
Dishwasher
Stove
Dryer

On market 58 days

Listed now: 63 days; median for 1883 houses for sale; this one 58 days

Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary Ta'talu Elementaryhomes in this catchment
Secondary Earl Marriott Secondaryhomes in this catchment
1.2 km away · 15751 16 Ave, Surrey · 604-531-8354

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

$21,892/mo

Mortgage $21,349 · Tax $543

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$21,349/ monthly

loan $3,920,000

25-year amortization

down payment20% · $980,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,484,649
property transfer tax: $163,000; BC general rate
cash to close: $1,143,000; down + PTT
total paid: $6,404,649

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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