$4,500,000
16114 20 AVENUE
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Surrey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
An investment property that is hard to beat! Private 1.93 acres w/329' frontage designated Business Park now! Costco is planned directly behind this property, a major retail/office commercial centre is planned across the street, & a new 20 Ave overpass is starting construction! Enjoy the gorgeous completely renovated 2248 sq ft 3 spacious bedroom + games room rancher for your family w/bright south exposure, stunning baths, wide plank hardwood & expansive rear deck! Chef's premium white maple kitchen w/quartz counters, 30 soft-close drawers & 2 ovens! Dad will love the 49' x 34' 1678 sq. ft. mechanic's shop/triple garage w/steel beam & 12'3" high ceilings w/two 10'x10' overhead doors & one 9'x7' OH door. Covered parking for 4 w/extra carport! Services incl sewer at the street! Rare! (id:65958)
- Subtype
- Vacant Land
- Lot size
- 84,071 square feet
- Lot dimensions
- 84071
- On market
- Feb 10, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $9,416.13 (2025)
- Photos
- 39
- MLS#
- C8076047
- Area
- SURREY
Cash on cash
-6.18%
Cap rate
3.63%
GRM
16.7
Break-even rent
$27,377
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.