LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$698,888

207 16031 82 AVENUE, Surrey, BC, V4N 0N4

QuickQuoteTM: Not Available
MLS® # R2962535

2 Beds

2 Baths

1325 FEETSQ sqft

Property Information:

This bright and spacious end unit offers a modern open layout with 2 private decks and 2 dedicated parking stalls. Recently updated w/newer appliances, a stylish kitchen featuring quartz countertops and modern finishes throughout. Located in a quiet yet convenient area just minutes from shopping, recreation, and the new Skytrain station. Surrounded by a seniors home and treed area. 2 pets, no size restriction on dogs! A perfect blend of comfort and accessibility.

Building Features:

  • Fireplace: Yes
  • Floor Space: 1325 Square Feet

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2
  • Annual Tax Amount: $2,923
  • Features Included: ClthWsh/Dryr/Frdg/Stve/DW, Storage Shed
  • Amenities: Club House
  • Built in: 1993
  • Floor Space (approx): 1325 Square Feet
  • Site Influences: Central Location, Private Setting, Recreation Nearby, Shopping Nearby, Central Location, Private Setting, Recreation Nearby, Shopping Nearby
  • Style of Home: 1 Storey, End Unit
  • Title to Land: Freehold Strata
  • Type of Dwelling: Townhouse

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.

More Detail
Less Detail

Potential Investment Performance

Cumulative ROI

96.0%

Cumulative Market Appreciation

$193,089

Net Operating Income in Year 5

$27,131

Cash on Cash Return in Year 5

-3.9%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$139,778
Mortgage Amount $559,110
Mortgage Payment
%
$2,900

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,739
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Total Operating Expenses $760
Net Operating Income $1,979
Debt Service
Mortgage Payment $2,900
Net Cash Flow -$921

Cap Rate

3.40%

Acquistion Costs

Down Payment $139,778
Land Transfer Tax $11,977
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $153,755

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $139,778 - - - - - - - - -
Closing Costs $13,977 - - - - - - - - -
Mortgage Paydown $8,699$9,117$9,555$10,014$10,496$11,000$11,529$12,083$12,664$13,272
Total $162,454$9,117$9,555$10,014$10,496$11,000$11,529$12,083$12,664$13,272
Cash Invested $162,454$171,571$181,126$191,141$201,637$212,638$224,167$236,251$248,915$262,188
Rental Cash Flows
Rent and other income $32,879$33,865$34,881$35,927$37,005$38,115$39,259$40,437$41,650$42,899
Operating Expenses -$9,122-$9,348-$9,581-$9,819-$10,064-$10,315-$10,572-$10,836-$11,107-$11,385
Mortgage Payment -$34,811-$34,811-$34,811-$34,811-$34,811-$34,811-$34,811-$34,811-$34,811-$34,811
Net Cash Flow -$11,055-$10,295-$9,511-$8,703-$7,870-$7,011-$6,125-$5,211-$4,269-$3,297
Returns
Property Price Appreciation $34,944$36,691$38,526$40,452$42,475$44,598$46,828$49,170$51,628$54,210
Mortgage Paydown $8,699$9,117$9,555$10,014$10,496$11,000$11,529$12,083$12,664$13,272
Net Cash Flow -$11,055-$10,295-$9,511-$8,703-$7,870-$7,011-$6,125-$5,211-$4,269-$3,297
Total Return $32,588$35,513$38,569$41,763$45,100$48,588$52,233$56,042$60,023$64,185
Cumulative Return $32,588$68,101$106,671$148,435$193,536$242,124$294,357$350,400$410,424$474,609
Investment Metrics
Cumulative ROI 20.1% 39.7% 58.9% 77.7% 96.0% 113.9% 131.3% 148.3% 164.9% 181.0%
Cash On Cash -6.8% -6.0% -5.3% -4.6% -3.9% -3.3% -2.7% -2.2% -1.7% -1.3%
QuickQuoteTM Powered by RPS

Market Price Trends

Townhouse

0.92%

Price change (1 year)

39.76%

Price change (5 years)

All Properties

5.95%

Price change (1 year)

48.49%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 207 16031 82 AVENUE, Surrey, BC, V4N 0N4

Demographic Information of 207 16031 82 AVENUE, Surrey, BC, V4N 0N4

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$122,689.27

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.92 %

High school certificate or equivalent

27.21 %

Apprenticeship trade certificate/diploma

3.89 %

College/non-university certificate

17.08 %

University certificate (below bachelor)

1.45 %

University Degree

36.44 %

Commuter

Travel To Work

By Car

82.44 %

By Public Transit

10.94 %

By Walking

2.98 %

By Bicycle

0.64 %

By Other Methods

3.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.72 %

Houses

91.28 %

Own Vs. Rent

More Detail
Less Detail



© 2025 BRIDGEMARQ REAL ESTATE SERVICES®. ALL RIGHTS RESERVED.

Find a home in Ontario | Quebec | Alberta | British Columbia | Manitoba | Saskatchewan | New Brunswick | Newfoundland and Labrador | Northwest Territories | Nova Scotia | Prince Edward Island | Yukon | Nunavut.

Homes For Rent - Ontario | Quebec | Alberta | British Columbia | Manitoba | Saskatchewan | New Brunswick | Newfoundland and Labrador | Northwest Territories | Nova Scotia | Prince Edward Island | Yukon | Nunavut.

Browse agents and brokers in Ontario | Quebec | Alberta | British Columbia | Manitoba | Saskatchewan | New Brunswick | Newfoundland and Labrador | Northwest Territories | Nova Scotia | Prince Edward Island | Yukon | Nunavut

The property information on this website is derived from Royal LePage listings and the Canadian Real Estate Association's Data Distribution Facility (DDF®). DDF® references real estate listings held by brokerage firms other than Royal LePage and its franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®).
*All offices are independently owned and operated. Those offices marked as “Royal LePage® Real Estate Services Ltd., Brokerage”, including its “Johnston & Daniel®” division, “Royal LePage® Credit Valley Real Estate, Brokerage”, “Royal LePage® West Real Estate Services”, “Royal LePage® Sussex”, and “Les Immeubles Mont-Tremblant / Mont-Tremblant Real Estate” are owned and operated by Bridgemarq Real Estate Services®.
The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Royal LePage® is a registered Trademark of Royal Bank of Canada and is used under license by Bridgemarq Real Estate Services®.

Bridgemarq® & Design / Bridgemarq Real Estate Services® are registered Trademarks of Residential Income Fund L.P. and are used under licence by Bridgemarq Real Estate Services® Inc.

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS® Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Greater Vancouver REALTORS®, the Fraser Valley Real Estate Board or Chilliwack & District Real Estate Board.