16216 20 Avenue, Surrey, V3Z 9M8 — photo 1

$4,900,000

16216 20 Avenue, Surrey, V3Z 9M8
Active
3 Bedrooms 3 Bathrooms 3,726 sqft Built 1972 Residential

About This Property

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.

NoneFireplace

Property Details

MLS #

R3075121

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Basement Entry

Ownership

Freehold NonStrata

Zoning

RA

Bedrooms

3

Full Baths

3

Half Baths

0

Kitchens

1

Fireplaces

2

Living Area

3,726 sqft

Main Floor

1,917 sqft

Above Main

1,809 sqft

Basement

Yes

Lot Size

49,136 sqft

Lot Dimensions

50.15 x 299.31

Frontage

50.15

Year Built

1972

Age

53 years

Roof

Asphalt

Construction

Frame Wood, Brick (Exterior), Wood Siding

Structure

Residential Detached

Parking Type

Additional Parking

Original Price

$4,900,000

Taxes

$6,306.59/yr

Listed

2025-12-23

MLS Area

Pacific Douglas

City

Surrey

Postal Code

V3Z 9M8

Features & Finishes

Heating

Hot Water · Wood

Flooring

Hardwood · Mixed · Vinyl · Wall/Wall/Mixed

Appliances

Washer · Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Wood Burning

Exterior Features

Private Yard

Building & Community

Transit

1.2 kilometers

Schools

750 meters

Lot Features

Central Location, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Septic Tank

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Fixtures Removed

Yes

Fixtures Removed

Portable fencing, stairs chair lift, woodstove in office.

Coordinates: 49.038012, -122.773106 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market152% above market — check if justified
Days on market132 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

$4,628,031

5.6% below asking price

Negotiation Range

$4,505,531$4,701,531

$196,000 spread

$4,505,531$4,900,000 ask

Based on 42 recent sales, a starting offer around $4,628,031 (5.6% below ask) is reasonable. Your negotiation range is $4,505,531 – $4,701,531.

What's factored in

Market baseline42 recent Surrey sales closed at median 96.2% of list price
Extended market time132 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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