16051 16 Avenue, Surrey, V4A 1S3 — photo 1

$3,999,999

16051 16 Avenue, Surrey, V4A 1S3
Active
3 Bedrooms 3 Bathrooms 2,100 sqft Built 1999 Residential

About This Property

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.

GST IncludedNoneFireplace

Property Details

MLS #

R3062300

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

R3

Bedrooms

3

Full Baths

2

Half Baths

1

Kitchens

1

Fireplaces

1

Living Area

2,100 sqft

Main Floor

1,050 sqft

Above Main

1,050 sqft

Basement

Yes

Lot Size

20,146 sqft

Lot Dimensions

182 x

Frontage

182

Year Built

1999

Age

26 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior), Wood Siding

Structure

Residential Detached

Parking Stalls

8

Garage Spaces

2

Parking Type

Garage Double, Front Access

Original Price

$3,999,999

Taxes

$6,649.76/yr

Listed

2025-10-27

MLS Area

King George Corridor

City

Surrey

Postal Code

V4A 1S3

Features & Finishes

Heating

Forced Air

Flooring

Mixed

Fireplace

Gas

Patio / Porch

Patio · Deck

Exterior Features

Balcony

Building & Community

Transit

under 1 block

Schools

under 1 km

Lot Features

Recreation Nearby

Water Source

Public

Sewer

Community, Sanitary Sewer, Storm Sewer

Utilities

Community, Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Fixtures Removed

Yes

Fixtures Removed

Owner retains slavage rights for House and detached garage

Coordinates: 49.031244, -122.777966 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market265% above market — check if justified
Days on market189 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 96% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,777,984

5.6% below asking price

Negotiation Range

$3,677,984$3,837,984

$160,000 spread

$3,677,984$3,999,999 ask

Based on 42 recent sales, a starting offer around $3,777,984 (5.6% below ask) is reasonable. Your negotiation range is $3,677,984 – $3,837,984.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Extended market time189 days listed — well above market avg of 190 days, increased negotiation leverage

Based on 42 residential sales in Surrey (last 60 days) · Updated May 4

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