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$6,299,000

^$200,000

16837 18 Avenue

Pacific Douglas, Surrey, BC, V3Z 9X3

4 | 6 | 26 | 5,078 sq.ft. | Year Built: 1992 |

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Investors/Developers Alerts! Breathtaking Georgian Colonial style residence boasting an impressive 5,078 square feet of living space, sited on a sprawling 1-acre estate. The property is meticulously maintained, with a sturdy metal and stone fence surrounding the front yard, accompanied by a convenient remote access gate. With a history as a former builder's home, the property features a range of luxurious amenities, including in-floor radiant heat and opulent Italian tile floors. Grandeur abounds in the entry foyer, where a stunning free-standing white granite staircase takes center stage. Four cozy fireplaces beckon relaxation, while four generous bedrooms on the upper floor each share a spacious bathroom. Please note: zoning details should be confirmed directly with the City of Surrey.

Property Info

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MLS®: R2911804

Listing Courtesy of Metro Edge Realty

Total Bedrooms 4

Total Bathrooms 6

Floor Space 5078 sq.ft.

Lot Size 1 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $6,299,000

Unit Pricing $1,240/sq.ft.

Strata Fee $0.00

Tax Estimate $13,888/Year

Year Built 1992

Interior Features

Rooms

Main Living Room 19'3 * 15'3

Main Dining Room 15'6 * 13'

Main Kitchen 17' * 15'3

Main Family Room 20' * 15'

Main Games Room 23' * 15'

Main Office 15' * 14'

Main Foyer 22' * 16'

Main Nook 15'3 * 14'

Above Primary Bedroom 18' * 17'

Above Bedrooms 17' * 17'

Above Bedrooms 17' * 13'

Above Bedrooms 17' * 12'

More Details

Storey 2

Floor Space Finished 5078.00 sq.ft.

Roof XXXXXXXX

Zoning RA

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Single, Garage Triple, RV Access/Parking, Front Access

Parking Cover 10

Parking Total 26

Fuel Heating Hot Water, Radiant

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: South Surrey White Rock
Street Name: 18
City: Surrey
State Or Province: BC
Postal Code: V3Z 9X3
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 5
Bathrooms Half: 1

Interior Features

Fireplaces Total: 4
Basement: None

Exterior Features

Exterior Features: Balcony
Roof: Concrete

Property

Utilities

Sewer: Other, Septic Tank
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1992
Lot Size Square Feet: 43574
Building Area Total: 5078
Living Area: 5078

Lot Information

Parcel Number: 015914305

Sold History

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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