16051 16 Avenue

General property description

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.

Mortgage estimate

Tax from listing

Est. monthly total

$19,206

/mo

Rate

%

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Amortization

25 yr30 yr

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Principal and interest

$18,502

Property tax

$554

P&I

Tax

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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.

Jessica Kuan

Senior Partner, Residential Mortgage Broker

Clear Trust Signature MortgagesGet pre-approved

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $800,000 down (20%) on $3,999,999, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.