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16487 20 Avenue
homes for sale · Surrey
16487 20 Avenue — photo 1 of 27
1 / 27
$1,398,000

16487 20 Avenue

Surrey · MLS® R3176166

763

3,158 sq ft · 2,402 sq ft lot · House · Single Family · built 2026 · 11 days on market

listed by Ranj Sidhu, Royal LePage Global Force Realty

realtor's description

Welcome to this beautifully designed 7-bedroom, 6-bathroom duplex offering modern living in the heart of Grandview.This home features a thoughtfully planned layout that includes a 2-bedroom legal suite perfect as a mortgage helper as well as a recreation room with a one-bedroom guest suite, ideal for visitors or additional living space. Enjoy luxury touches throughout, from spacious interiors and high-quality finishes to a rooftop patio (17' x 15') perfect for entertaining or relaxing with breathtaking ocean views. Located near schools, parks, shopping, and transit, this property combines comfort, functionality, and convenience in one of South Surrey's most sought-after neighbourhoods. Don't miss your chance to make this exceptional home yours contact today for more information.

property details

type
House, Single Family
bedrooms
7
bathrooms
6
living area
3,158 sq ft
lot
2,402 sq ft
parking
3
year built
2026
days on market
11
MLS®
R3176166

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Range
  • Dryer
  • Microwave

property tax by year

yearassessedest. tax
2026$1,168,000$4,003

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$6,091/mo
Mortgage $6,091

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment
$6,091/ monthly
loan $1,118,400
25-year amortization
total interest
$708,886
property transfer tax
$25,960
BC general rate
cash to close
$305,560
down + PTT
total paid
$1,827,286
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent
$2,120/mo
your cost after the suite
$4,316/mo
vs $6,266 without it

Costs: mortgage $6,091 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in Surrey: CMHC's average there ($1,872) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords
  • Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
  • Rent increases are capped once a year at the province's set amount. gov.bc.ca
  • The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
  • Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

schools

Catchment schools, Surrey School District 36

  • Elementary Ta'talu Elementaryhomes in this catchment
  • Secondary Earl Marriott Secondaryhomes in this catchment

    1.6 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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Ranj Sidhu
Royal LePage Global Force Realty
call Ranj · 604-735-5000
Powered by: REALTOR.ca

similar homes nearby

location

SurreyGoogle Maps ↗

development nearby

  • Rezoning for 194 homes

    370 m away · 2024 · concluded

    Rezoning from Acreage Residential Zone (RA) and Small Lot Residential Zone (R4) to Multiple Residential 30 Zone (RM-30) and Compact Residential Zone (R5); Subdivision from one (1) lot into three (3) lots; Neighbourhood Concept Plan (NCP) Amendment from Cluster Residential 6-10 UPA and Low Density Residential 6-10 UPA to Multiple Residential 15-25 UPA and to eliminate flex road and drainage corrido

  • Rezoning for a 6 storey building

    370 m away · 2023 · conditionally approved

    Rezoning from One-Acre Residential Zone (RA) to Comprehensive Development Zone (CD) (based on RM-70); Subdivision from one (1) lot to two (2) lots in order to convey the Drainage Corridor Area; OCP Amendment for a portion of the site from Mixed Employment to Multiple Residential. OCP Amendment to allow an FAR of 2.5 for the site within the Multiple Residential land use designation. OCP Amendment t

  • Rezoning

    170 m away · 2024 · conditionally approved

    Rezoning from Acreage Residential Zone (RA) to Multiple Residential 30 Zone (RM-30); Neighborhood Concept Plan (NCP) Amendment to Sunnyside Heights from Multiple Residential 10-15 upa to Multiple Residential 15-25 upa and to remove the subject site from the land consolidation area; Development Variance Permit a) to reduce the minimum north yard setback of the RM-30 Zone from 6.0 metres to 2.4 metr

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

16477 20 Avenue, Surrey
House
$1,398,000
16% less per sq ft
16477 20 Avenue
Surrey8 days on market
listed by Royal LePage Global Force Realty
7633,158 sq ft
MLS® R3176145
27 2603 162 Street, Surrey
Townhouse
$1,499,999
20% less per sq ft
27 2603 162 Street
Surrey125 days on market
listed by Sutton Group-West Coast Realty (Surrey/24)
44
12567 24 Avenue, Surrey
Land
$1,199,000
12567 24 Avenue
Surrey196 days on market
listed by Team 3000 Realty Ltd.
MLS® R3111055
13314 62 Avenue, Surrey
House
$1,349,000
17% less per sq ft
13314 62 Avenue
Surrey1 day on market
listed by Planet Group Realty Inc.
75
74 16487 89 Avenue, Surrey
Townhouse
$978,900
74 16487 89 Avenue
Surrey14 days on market
listed by Luxmore Realty
33
13312 62 Avenue, Surrey
House
$1,379,000
15% less per sq ft
13312 62 Avenue
Surrey6 days on market
listed by Planet Group Realty Inc.
75
2
3,740 sq ft
MLS® R3139222
6
3,100 sq ft
MLS® R3178343
2
1,579 sq ft
MLS® R3174947
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3,100 sq ft
MLS® R3176855

the market here

listed now
68 days
median for 1881 houses for sale; this one 11 days

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

location

SurreyGoogle Maps ↗
Drive times
  • Ta'talu Elementary1 min
  • Earl Marriott Secondary5 min
  • Peace Arch Hospital6 min
  • Kwantlen Polytechnic University - Tech Campus14 min
  • YVR airport40 min
  • Downtown Vancouver50 min
51

Walkability 51/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 15 parks and playgrounds, 2 schools.

mihom score from OpenStreetMap places, by straight line distance.