Alara II

16654 - 16708 16th Avenue, Surrey, BC
Built 2024
19 units
House Single Family
3 active

About Alara II

Alara II is a prestigious collection of single-family and half-duplex homes by Symbolic Construction Group in South Surrey's Pacific Douglas neighbourhood. Each home offers three levels of living space with 5 bedrooms, 4 bathrooms, 10-foot ceilings, expansive windows, quartz countertops, and premium appliances, plus a legal 2-bedroom suite with separate entrance that serves as a mortgage helper. The detached garages are equipped with 220-volt power, and there are no strata fees. Situated along the 16 Avenue corridor, residents enjoy easy access to Highway 99 and the growing amenities of the Grandview Heights area.

Investor Insights — Houses in Pacific Douglas

Estimated rental yields based on MLS data for houses in Pacific Douglas.

Type Beds Avg Rent Avg Sale Strata Net Yield
House 2 $1,684/mo $2,499,000 0.5%
House 4 $3,600/mo $3,543,188 1.0%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

1 home has sold in Alara II in the past year

Find out what your home here could sell for in today's market.

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,460,000Median home value
$111,000Median household income
75.7%Owner-occupied
42.5%Single-detached homes
2.9Avg household size
36Median age
48.6%Bachelor's degree or higher (25-64)
52.6%Commute under 30 min
91.9%Drive to work
39.3%Foreign-born residents
9,052Neighbourhood population

Age

Under 15: 21.8%15 to 64: 68.8%65 and over: 9.3%
  • Under 1521.8%
  • 15 to 6468.8%
  • 65 and over9.3%

Household size

  • 1 person14.7%
  • 229.8%
  • 322.5%
  • 421.6%
  • 5 or more11.4%

Language spoken at home

52.7% English mother tongue

  • Mandarin19.6%
  • Punjabi6.1%
  • English + other4.8%
  • Cantonese3.2%
  • Korean2.2%
  • Spanish1.2%
  • All others10.2%

Mother tongue, share of 9,050 residents.

How this pocket differs

  • more 5+ person households than Grandview Surrey 11.5% vs 8.7%
  • more Punjabi speakers than Grandview Surrey 6.1% vs 4.1%
  • Median household income is higher than Metro Vancouver $111,000 vs $90,000
  • Median dwelling value is higher than Metro Vancouver $1,460,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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