Property Type: Detached HouseOwnership: Freehold

10223 124 STREET

Surrey, BC V3V4T4

$1,398,600

5 bed4 bath4 parking2,318 sqftBuilt 1956
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Style
Other
Lot size
8,775 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,865.61 (2025)

Interior

Basement
Finished, Full
Heating
Natural gas, Hot Water
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Building

Water source
Municipal water
Sewer
Sanitary sewer
Utilities
Water, Natural Gas, Electricity

Parking

Total spaces
4 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3122043
Listed
May 13, 2026
Time on market
On the market for 110 days
Tax assessment year
2025
Data last synced
September 1, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

PRIVACY PROTECTED. P8775 sq. ft. corner lot. Prime develop. area. Loc. in well liked Cedar Hills established comm. yet growing. Family oriented. Great for First Time Buyers or Builders. Check with the City about new laws up to 4 units. Home is extensively renovated. You'll love the back yard, privacy, forest setting & trails. Well-kept garden! 2 Kits, 4 BATH, 5 BED, Real Oak & Tile floor, hot water heat, vinyl windows & siding, new metal roof, 10'X51' Sundeck, 10'X61'Patio, Garage & Carport. Road to back yard for parking. Extra rental for mortg. helper, easier fin. Fast access to Skytrain, Prince Charles & Khalsa Sch., Parks, Bus service, City Mall, SFU & Kwantlen. Amazing Holland Park. Pls don't walk on prop w/o appt. Call your Realtor. Owner wants sold. BRING YOUR BEST OFFER! (id:63159)

Values & Trends

This listing

$603/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,325,500

Jul 2026

Average Sale Price

$1,364,812

Jul 2026

Monthly Sales

61

Jul 2026

Active Listings

692

Jul 2026

Sales-to-Active Ratio

9.0%

Jul 2026

Median Days to Contract

43 days

Jul 2026

MLS® HPI Benchmark Price

$1,793,500
$1,325,500
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Langley

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Prince Charles ElementaryElementary405 m
Khalsa Secondary School (Surrey)(Independent)Secondary664 m
Khalsa School Old Yale Road(Independent)Elementary859 m
Cedar Hills ElementaryElementary886 m
L.A. Matheson SecondarySecondary1.5 km
Old Yale Road ElementaryElementary1.6 km
K B Woodward ElementaryElementary1.6 km
Kwantlen Park SecondaryElementary1.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

StopTypeDistance
Westbound 100 Ave @ 124B St438 m
Eastbound 100 Ave @ 123A St463 m
Eastbound 100 Ave @ 124B St478 m
Southbound 123A St @ 100 Ave521 m
Westbound 100 Ave @ Helen Dr575 m

Nearby Places

Parks (1)

  • Robson Park728 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,860) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,118,880.00
Periodic payment — Principal & Interest (monthly)$7,218.63
Additional monthly expenses (strata, tax, utilities, etc.)$521.47
Total monthly cost$7,740.10
Interest paid over 5-yr term$320,674.22
Balance at end of term$1,006,436.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,860
Stress test qualifying rate8.09%
Payment you must qualify for$9,871.51

Cash Needed at Closing

Minimum down payment$114,860
Estimated BC PTT$25,972
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,332

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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