14037 16 AVENUE
Surrey, BC V4A1P9
$1,200,000
Property Details
Property & Lot
- Sub-type
- Duplex
Ownership & Fees
- Property type
- Duplex
- Ownership
- Strata
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $4,069.18 (2026)
Interior
- Basement
- None, Unknown
- Heating
- Natural gas
- Fireplace
- Yes (1)
Parking
- Total spaces
- 1 — covered indicated
- Features
- Carport, Open
Listing Information
- MLS®
- R3158239
- Listed
- August 24, 2026
- Time on market
- On the market for 7 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.
Description
A rare opportunity to own a corner 1/2 duplex with back lane access and exciting future potential. According to COSMOS and the Surrey 2050 OCP, this property is designated Urban 1, offering potential for Small-Scale Multi-Unit Housing, townhouse development, or potentially a 4-storey condominium project, subject to City requirements and approvals. The existing home is a great renovation project for buyers who can see beyond its current condition and envision what it could become. With separate entrances, the property also offers excellent potential for rental income or flexible living arrangements. The corner location and back lane add further versatility and appeal for both homeowners and investors. Whether you're looking to renovate, generate rental income, or explore future development. (id:63159)
Values & Trends
This listing
$544/sqft
Building average
—
No other active listings in this building
Surrey average
$571/sqft
115 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Langley
16°C
Mainly Clear
Humidity 78%
Wind S 3 km/h
Tonight
14°
Tuesday
21°
Tuesday night
16°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
568,322
(2021 Census)
+9.7% since 2016
Density: 1,797.9/km²
Dwellings: 195,098
Median household income: $98,000
After-tax: $87,000
Immigrant population: 44.6%
Top countries of origin (% of total population)
- India16.9% · 95,905
- Philippines5.2% · 29,510
- China4.2% · 23,850
- United Kingdom1.5% · 8,320
- Korea, South1.2% · 6,995
- Viet Nam1.1% · 6,425
- Pakistan1% · 5,710
- Taiwan1% · 5,540
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
2/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Ray Shepherd Elementary | Elementary | 104 m |
| Laronde Elementary | Elementary | 1.1 km |
| Bayridge Elementary | Elementary | 1.3 km |
| Elgin Park Secondary | Elementary | 1.6 km |
| Chantrell Creek Elementary | Elementary | 1.9 km |
| Ocean Cliff Elementary | Elementary | 2.3 km |
| Crescent Park Elementary | Elementary | 2.3 km |
| H T Thrift Elementary | Elementary | 2.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Westbound 16 Ave @ 136 St | — | 26 m |
| Eastbound North Bluff Rd @ Bergstrom Rd | — | 79 m |
| Westbound 16 Ave @ 13700 Block | — | 302 m |
| Eastbound North Bluff Rd @ 13700 Block | — | 322 m |
| Westbound 16 Ave @ 13300 Block | — | 402 m |
Nearby Places
Parks (5+)
- Bell Park · 1782 136 Street324 m
- Unnamed355 m
- Barge Park359 m
- 131B - Greenbelt389 m
- Unnamed440 m
Pharmacies (1)
- Pharmasave29 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.