South on 16th

15885 16th Avenue, Surrey, BC
Built 2016
22 units
Townhouse
No listings

South on 16th Floor Plans (16)

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About South on 16th

South on 16th is a 22 townhome community in the middle of South Surrey. These townhomes come in 3 or 4 bedrooms and range from about 1,500 to 1,800 square feet. The units have an open concept with 9' ceilings on the main, stone counters in the kitchen and bathrooms, stainless steel appliances and come equipment with a heat pump and A/C for high efficiency.

Investor Insights — Townhouses in Sunnyside Park Surrey

Estimated rental yields based on MLS data for townhouses in Sunnyside Park Surrey.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,750/mo $267,717 $449/mo 4.6%
Condo 2 $2,375/mo $477,272 $573/mo 3.8%
House 3 $3,620/mo $1,187,588 3.1%
House 4 $3,844/mo $2,053,250 1.8%

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

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$725,000Median home value
$80,000Median household income
77.1%Owner-occupied
62.7%Single-detached homes
2.4Avg household size
47.6Median age
30.5%Bachelor's degree or higher (25-64)
57.1%Commute under 30 min
86.1%Drive to work
29.8%Foreign-born residents
4,794Neighbourhood population

Age

Under 15: 14.8%15 to 64: 58.8%65 and over: 26.4%
  • Under 1514.8%
  • 15 to 6458.8%
  • 65 and over26.4%

Household size

  • 1 person30.3%
  • 231.6%
  • 315.8%
  • 413.7%
  • 5 or more8.5%

Language spoken at home

71.6% English mother tongue

  • Mandarin5.3%
  • Punjabi5.2%
  • English + other2.9%
  • Spanish1.3%
  • Tagalog1%
  • Cantonese0.9%
  • All others11.8%

Mother tongue, share of 4,790 residents.

How this pocket differs

  • more 5+ person households than King George Corridor 8.6% vs 6.2%
  • notably more Punjabi speakers than King George Corridor 5.2% vs 3.3%
  • notably fewer Mandarin speakers than King George Corridor 5.3% vs 8.2%
  • Median dwelling value is lower than Metro Vancouver $725,000 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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