Property Type: DuplexOwnership: Freehold

16511 20 AVENUE

Surrey, BC V3Z9M9

$1,429,888

7 bed5 bath3 parking3,222 sqftBuilt 2026
Get Directions

Property Details

Property & Lot

Sub-type
Duplex

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$3,347.55 (2025)

Interior

Basement
Finished, Full
Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
3 — covered indicated
Features
Garage, Open

Listing Information

MLS®
R3139044
Listed
June 25, 2026
Time on market
On the market for 67 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.

Description

Welcome to this brand-new duplex in the highly sought-after Grandview Heights community. Offering 7 bedrooms and 5 bathrooms, this thoughtfully designed home features an open-concept main floor with spacious living and dining areas, a modern kitchen with spice kitchen, and a large patio ideal for outdoor enjoyment. A bedroom and full bathroom on the main level provide added flexibility for extended family or guests. Upstairs features a spacious primary bedroom with a beautifully appointed ensuite, along with three additional bedrooms. The legal 2-bedroom above-ground suite offers excellent rental income potential. Conveniently located near Morgan Crossing, top-rated schools, golf courses, the future Costco, and the US border, this home delivers the perfect blend of comfort, functionality, (id:63159)

Values & Trends

This listing

$444/sqft

Building average

No other active listings in this building

Surrey average

$571/sqft

115 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

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

Mainly Clear

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

4

1/9 categories nearby

Transit

Not enough data yet

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

SchoolTypeDistance
Edgewood ElementaryElementary651 m
Grandview Heights SecondaryElementary1.4 km
South Meridian ElementaryElementary1.5 km
Southridge School(Independent)K-121.6 km
Earl Marriott SecondaryElementary1.7 km
Pacific Heights ElementaryElementary1.7 km
Peace Arch ElementaryElementary1.9 km
Sunnyside ElementaryElementary2.1 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

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (3)

  • Edgewood Park524 m
  • 125G - Neighbourhood Park · 1765 167 Street611 m
  • Oak Meadows Park · 16271 22 Avenue689 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($117,989) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,143,910.00
Periodic payment — Principal & Interest (monthly)$7,380.12
Additional monthly expenses (strata, tax, utilities, etc.)$439.96
Total monthly cost$7,820.08
Interest paid over 5-yr term$327,847.89
Balance at end of term$1,028,950.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$117,989
Stress test qualifying rate8.09%
Payment you must qualify for$10,088.05

Cash Needed at Closing

Minimum down payment$117,989
Estimated BC PTT$26,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$146,087

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.

Request more information