16881 31 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3112765

$3,100,000
Est. Mortgage $13,714/mo
Grandview Heights
5 Beds
3 Baths
2664 sqft
1164 $ /sqft
1980 built
$3,100,000
Est. $13,714/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 16881 31 Avenue

Grandview Heights Acreage with Future Development Potential Welcome to this rare opportunity in the highly sought-after Grandview Heights, South Surrey! Situated on a sprawling 1.23 acre lot, this property offers incredible holding value + future development potential in one of the fastest-growing areas of the Lower Mainland. The well-maintained home features 5 bedrooms, 3 bathrooms, and 2,664 sqft of living space, making it perfect for families, investors, or those looking to live while planning future development. Development Potential: With rezoning, this property may offer the possibility to subdivide into 2 lots — or potentially 4 lots, subject to city approval. Surrounded by ongoing development and new construction, this is a prime opportunity to secure land in a rapidly

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony, Private Yard
View Description North Shore Mountain& Pastoral
Roof Asphalt
Structures Residential Detached

Building Details

Price $3,100,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2664
Year Built 1980
Age Of Building 46
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Grandview Heights
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Shallow
Parking Type Additional Parking, Garage Single, RV Access/Parking, Front Access, Asphalt, Garage Door Opener
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 1.2296
Lot Size Depth Feet
Lot Size Frontage 152
MLS® # R3112765
Area South Surrey White Rock
Neighbourhood Grandview Surrey
City Surrey
Postal Code V3S 0A6
Gross Taxes $12,842.61
Zoning RA

Property Timeline

Status Date Price
R3112765 / Active 04-17-2026 $3,100,000
Rooms
Floor Type Dimensions
Main Level Dining Room 13' x 13' ft
Main Level Living Room 19'9 x 19'9 ft
Main Level Kitchen 12'6 x 12'6 ft
Main Level Eating Area 9'11 x 9'11 ft
Main Level Family Room 16'5 x 16'5 ft
Main Level Bedroom 10'10 x 10'10 ft
Main Level Bedroom 10'10 x 10'10 ft
Main Level Study 18'2 x 18'2 ft
Main Level Laundry 10'11 x 10'11 ft
Above Level Primary Bedroom 16'3 x 16'3 ft
Above Level Bedroom 10'9 x 10'9 ft
Above Level Bedroom 10'9 x 10'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Above Level No #4
Above Level No #3

Listed by: RE/MAX Performance Realty & eXp Realty of Canada, Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Pacific Heights Elementary School
Average
1.18 km
5/10
Secondary
Earl Marriott Secondary School
3.77 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Southridge School
Above Average
2.02 km
10/10
Elementary, Secondary
Southridge School
Above Average
2.02 km
10/10

Closest Transit

Bus Stop
Westbound 24 Ave @ 168 St
1.48 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
8.13 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average
27.5%
No Certificate/Degree
Below Average
9.4%
Owner Occupied
Below Average
58.7%
Employment Rate
Average
57.9%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 16881 31 Avenue

BC Assessment Value — 16881 31 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 005-454-964).
Total Assessed Value (2026)
$3,102,000
2026 Value Trend
Land
$3,002,000
Buildings
$100,000
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,002,000 $100,000 $3,102,000

Mortgage Calculator for 16881 31 Avenue

/month
Principal & Interest
Property Taxes $1,070
Maintenance fee 0
A 20% down payment of $620,000 on this $3,100,000 listing yields an estimated mortgage of $11,840/month (30-year fixed, 4%). Total estimated housing cost: $12,910/month, $1,070 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $7,343/month in estimated rental income against $13,136/month in mortgage payments, the monthly cashflow is -$5,793/month. A 60% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Grandview Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $3,100,000
Surrey Loading...
Grandview Surrey Loading...

No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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