$648,000

16501 20 AVENUE

Surrey · MLS® R3093307

2,403 sq ft lot

Land · Vacant Land · 225 days on market

Listed by Rob Hara, RE/MAX Blueprint

Realtor's description

Do not pass on this best priced lot in the area. Fully Serviced 1/2 duplex lot is now ready to build your new home. Located across the street from the new elementary school and a short drive to the Morgan creek shopping complex and the USA border. Priced well below the BC assessment of $842,000

Property details

Type: Land, Vacant Land
Lot: 2,403 sq ft
Parking: 0
Property tax: $3,348 / yr
Days on market: 225
MLS®: R3093307

Property insights

On market 225 days

The market here

Listed now: 105 days; median for 207 homes for sale; this one 225 days

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

Monthly cost

$3,102/mo

Mortgage $2,823 · Tax $279

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

estimated payment

$2,823/ monthly

loan $518,400

25-year amortization

down payment20% · $129,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $328,582
property transfer tax: $10,960; BC general rate
cash to close: $140,560; down + PTT
total paid: $846,982

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.

Location

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

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.

Development nearby

Rezoning for 194 homes
330 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
380 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
150 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.

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