16952 40 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3101263

$2,999,998
Est. Mortgage $13,272/mo
3 Beds
2 Baths
1179 sqft
2545 $ /sqft
$2,999,998
Est. $13,272/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 16952 40 Avenue

Rare opportunity to own 4.94 acres in a highly desirable area! This property features a fully renovated 3 bed, 2 bath home—ideal for rental income or as a holding property. Build your dream home with services including city water, hydro, and electricity available. Enjoy beautiful views of Mt. Baker in a peaceful setting, while being just minutes from Hwy 1, Hwy 10, and Hwy 15. Conveniently located near shopping and amenities in Cloverdale. Buyer to verify zoning, building potential, and servicing requirements.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Forced Air
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $2,999,998
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1179
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Open
Rental Suites None

Lot & Land

Lot Size 4.94
Lot Size Depth Feet
Lot Size Frontage 341.99
MLS® # R3101263
Area Cloverdale
Neighbourhood Serpentine
City Surrey
Postal Code V3Z 1C8
Gross Taxes $7,038.89
Zoning A1

Property Timeline

Status Date Price
R3101263 / Active 03-19-2026 $2,999,998
R2872319 / Sold 10-28-2024 $3,199,000
Rooms
Floor Type Dimensions
Main Level Family Room 12'8 x 12'8 ft
Main Level Kitchen 15'5 x 15'5 ft
Main Level Bedroom 11'7 x 11'7 ft
Main Level Bedroom 11'7 x 11'7 ft
Main Level Bedroom 9'6 x 9'6 ft
Main Level Laundry 14'0 x 14'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Royal LePage Global Force Realty & Royal LePage Global Force Realty

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

Secondary
Earl Marriott Secondary School
5.34 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
3.33 km
10/10
Elementary, Secondary
Southridge School
Above Average
3.33 km
10/10

Closest Transit

Bus Stop
Westbound 32 Ave @ 160 St
2.55 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
6.62 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
19.3%
No Certificate/Degree
Above Average
18%
Owner Occupied
Average
62.9%
Employment Rate
Average
58.7%

Noise/ Power Lines

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

Other

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 16952 40 Avenue

BC Assessment Value — 16952 40 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 013-259-041).
Total Assessed Value (2026)
$2,275,200
2026 Value Trend
Land
$2,250,000
Buildings
$25,200
Year Built
N/A
Class
N/A
Zoning
A1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,250,000 $25,200 $2,275,200

Mortgage Calculator for 16952 40 Avenue

/month
Principal & Interest
Property Taxes $587
Maintenance fee 0
A 20% down payment of $600,000 on this $2,999,998 listing yields an estimated mortgage of $11,458/month (30-year fixed, 4%). Total estimated housing cost: $12,045/month, $587 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 $7,415/month in estimated rental income against $12,294/month in mortgage payments, the monthly cashflow is -$4,879/month. A 55% 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 — Serpentine, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,999,998
Surrey Loading...
Serpentine Loading...

Based on 3 comparable active Single Family Residences in Serpentine, the average asking price is $3,599,000. This listing is priced 16.6% below the neighbourhood average.

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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