16203 8 Ave, Surrey, BC, MLS® R3037380

$4,999,000
Est. Mortgage /mo

13.1% price reduction

$4,999,000
$5,750,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
1 Baths
2 Stories
lot 259617 sqft
1630 sqft
1930 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

16203 8 Ave, Surrey, BC | MLS® R3037380 Property Details

13.1% price reduction

For the first time ever, this cherished 5.96-acre family property is available, presenting a truly rare opportunity to own a piece of South Surrey history. Lovingly held within the same family for over 114 years, this expansive estate is now ready for its next chapter. Designated Urban, the property holds immense potential for developers, investors, or those seeking to create their own dream estate in one of the Lower Mainland’s most desirable areas. Located just minutes from White Rock Beach, top-rated schools, and vibrant shopping districts, this property offers the perfect balance of tranquility and convenience. With nearly six acres of pristine land, the possibilities for this estate are endless, from boutique subdivision development to crafting a custom legacy family estate!

General Info

Price $4,999,000
Total Bedrooms 4
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1630
Lot Size 5.96
Lot Size Depth Metres
Lot Size Frontage 429.78
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1930
Age Of Building 95
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3037380
Area South Surrey White Rock
Neighbourhood King George Corridor
City Surrey
Gross Taxes $12,400.79
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Community, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Garage Double, Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RA
Rental Suites -
# of Kitchens 0
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt, Wood

Property History

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Status Date Price
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Listed by: AXIS Real Estate Solutions Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
South Meridian Elementary School
Average
0.98 km
6.5/10
Secondary
Earl Marriott Secondary School
1.84 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Eaton Arrowsmith School White Rock
2.63 km
Elementary, Secondary
Eaton Arrowsmith School White Rock
2.63 km

Closest Transit

Bus Stop
Southbound Stayte Rd @ Columbia Ave
0.43 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
12.75 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 16203 8 Avenue, Surrey, BC - MLS R3037380

As we walk through the charming community of South Surrey, you'll find that this beautiful home at 16203 8 Avenue is perfectly situated to take advantage of all the area has to offer.

Education

Firstly, let's talk about the schools in the area. Your children will have access to top-notch education at South Meridian Elementary School, rated 6.5/10 and just a short 0.98 km away from this stunning property with MLS R3037380. For older students, Earl Marriott Secondary School is also in the area, with a rating of No Rating and located 1.84 km from the property.

Crime

When it comes to safety, this neighborhood has a crime rate of 7,512.73, which is Average compared to other Canadian cities. According to the latest statistics from Statistics Canada (2020), there were 44,976 disturbances in the area, with a rate of 7,512.73 incidents per 100,000 population. While there were some issues with property crimes (rated Average) and illegal substances offenses (rated Above Average), the overall crime rate is a reassuring 7,512.73.

Demographics

Let's take a closer look at the demographics of this beautiful community. With 20.9% of residents holding a university certificate or degree (Average in comparison to other BC neighborhoods), you'll find that this area is home to a diverse and educated population. In fact, the median household income near this property is a comfortable $80,567, making it Above Average compared to the British Columbia average.

Transit

Convenience is key when it comes to transportation, and this property is no exception. The closest Bus station is Southbound Stayte Rd @ Columbia Ave, just 0.43 km away from this listing with MLS R3037380. Whether you're commuting to work or running errands around town, you'll find that getting around is a breeze.

Lifestyle Amenities

When it comes to lifestyle amenities, this community has everything you could want and more. With parks, beaches, trails, and dog parks nearby, you'll find plenty of opportunities to stay active and enjoy the great outdoors. Plus, with shopping malls, grocery stores, restaurants, and coffee shops just around the corner, you'll never be far from the amenities you need.

Real Estate Context

As you explore the real estate market in this area, you'll find that the average value of dwellings is a whopping $793,907, making it one of the highest in the region. With an average owner payment of $1,254 and tenants paying $1,306 (Above Average compared to other cities), you'll find that this property is a solid investment opportunity.

Community

As we explore the community surrounding 16203 8 Avenue, you'll find that this is a vibrant and diverse neighborhood with a strong sense of community. With 9.5% of residents renting and 63.2% of them married or living common law (Above Average), you'll find that this area is a great place to call home.

Final Thoughts

In conclusion, 16203 8 Avenue, Surrey, BC (MLS R3037380) is a stunning property in a beautiful community that has everything you could want and more. With top-notch schools, a safe and crime-free environment, and a diverse and educated population, you'll find that this property is a solid investment opportunity and a great place to call home.

Property Details

  • Address: 16203 8 Avenue, Surrey, BC
  • MLS R3037380
  • Average dwelling value: $793,907
  • Owner payment: $1,254
  • Tenant payment: $1,306
  • Population density: 2,339.7 people per square kilometer (Above Average)
  • Unemployment rate: 4.4% (Low compared to other provinces)
  • Average family size: 2.7 (Below Average)
  • Percent of families with children: 49.2% (Below Average)
  • Average age of population: 49.1% (High compared to other BC cities)

We hope you've enjoyed this tour of 16203 8 Avenue, Surrey, BC (MLS R3037380). Whether you're a first-time homebuyer or an experienced investor, this property is a solid opportunity that you won't want to miss. Contact us today to schedule a viewing and make this beautiful home yours!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $4,999,000
Surrey No comparables
King George Corridor No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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