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New buildInvestment signal

$1,298,000

101 16649 18A AVENUE

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Beds

Baths

Sqft

—

Year

2025

Type

Single Family

Suite

Suite potential

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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

Welcome to this exceptional modern home, perfectly situated in one of South Surrey's most desirable neighbourhoods. Boasting 3 spacious bedrooms and 2 full bathrooms upstairs, the upper level is anchored by a stunning primary suite with serene ocean views, offering a tranquil retreat. The main floor features a bright, open-concept layout with a generous living room, elegant dining area, and a chef-inspired kitchen with high-end finishes, premium appliances, and abundant storage-ideal for entertaining or everyday family life. The lower level presents a fully self-contained 1-bedroom suite with its own entrance, providing rental income potential or flexible space for extended family. All of this is just minutes from top-rated schools, boutique shopping, fine dining, the Grandview Aquatic! (id:65958)

Subtype: Single Family
Architectural style: 3 Level
Structure: Duplex
Common interest: Freehold
Living area: 2,007 square feet
Fireplace: 1
On market: Apr 8, 2026
Status changed: Apr 19, 2026
Annual tax: $0 (2024)
Photos: 34
MLS#: R3108477
Area: SURREY

Features and systems

Parking

GarageOther

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Radiant heatElectric

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,384/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.6

Break-even rent

$7,957

Financing

Down payment$259,600

Loan amount$1,038,400

Mortgage$5,261/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$595

Insurance$80

Maintenance$1,082

CapEx reserve$541

Vacancy loss$325

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

Estimated $5,261/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 19, 2026.