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1609 160 St
Surrey, BC V4A 4X1
Pinnacle · Multifamily Property For Sale · 59 Units

EXECUTIVE SUMMARY

Avison Young is proud to present the opportunity to purchase freehold strata retail at The Pinnacle located at the intersection of 16th Avenue & 160th Street in South Surrey, BC. The Pinnacle will consist of a four-storey wood frame building with 56 residential units located above the retail level and one storey of underground parking. A great investment opportunity to purchase strata retail units in this growing neighborhood. The City of Surrey is the second largest city in British Columbia. It’s city centre is rapidly evolving into a major business district due to it’s Civic Centre Development Project which includes the $500 million expansion of Surrey Memorial Hospital and a new 188,000 square foot outpatient surgery centre. In addition, there are future skytrain expansion plans for the City of Surrey which include the Expo Line Langley Extension which will run 16 kilometres from King George Station to Langley City Station for an estimated completion in 2028. The Pinnacle is centrally located between Highway 99 and the south end of Surrey’s downtown core along 16th Avenue. The property is situated one block from Earl Marriott Secondary School (1,950 students enrolled) and two blocks from Peace Arch Hospital.

PROPERTY FACTS

No. Units 59
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.97 AC
Construction Status Under Construction
Building Size 40,000 SF
No. Stories 4
Year Built 2026
Parking Ratio 0.81/1,000 SF
Zoning C-5 - Neighbourhood Commercial Zone

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fitness Center
  • Playground
  • Security System
  • Tenant Controlled HVAC
  • On-Site Retail
  • Car Charging Station
  • Public Transportation
  • Smoke Detector
  • Listing ID: 25675318

  • Date on Market: 5/10/2022

  • Last Updated:

  • Address: 1609 160 St, Surrey, BC V4A 4X1

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