Property Type: Condo / ApartmentOwnership: Strata

109 6385 121ST STREET

Surrey, BC V3X3K6

$460,000

2 bed1 bath2 parking950 sqftBuilt 1996
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Amenities

Also listed: Laundry - In Suite, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment
Stories
3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$525/mo
Annual property tax
$2,224.23 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3125399
Listed
May 20, 2026
Time on market
On the market for 103 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Keller Williams Bold Realty · Data source: CREA DDF.

Description

This NW corner unit is a spacious 2 bedroom home. bedrooms are on opposite sides of the suite. This unit offers two large patios, a corner suite with a great layout. Kitchen has a great layout offering an eating area as well as a separate laundry/pantry. The Livingroom/Diningroom has great flow and provides lots of options to set up your personal living space. The Living room leads to 1 of your private patios. A well run building that offers great access to shopping, transit and restaurants. (id:63159)

Values & Trends

This listing

$484/sqft

Building average

No other active listings in this building

Surrey average

$678/sqft

1113 active listing(s)

Parking: 2 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.

Apartment Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$474,100

Jul 2026

Average Sale Price

$470,719

Jul 2026

Monthly Sales

16

Jul 2026

Active Listings

219

Jul 2026

Sales-to-Active Ratio

7.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$598,400
$434,400
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.

Nearby Schools

SchoolTypeDistance
Southern Okanagan SecondarySecondary3.3 km
Southern Okanagan AltSecondary3.3 km
Oliver ElementaryElementary3.3 km
Tuc-el-Nuit ElementaryElementary3.4 km
Senpaq'cin School(Independent)Elementary4.8 km
Cawston Primary SchoolElementary13.4 km
Osoyoos ElementaryElementary16.6 km
Osoyoos SecondarySecondary16.9 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

No TransLink stops within an ~10-minute walk.

School district: Okanagan-Similkameen (SD53)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$368,000.00
Periodic payment — Principal & Interest (monthly)$2,374.21
Additional monthly expenses (strata, tax, utilities, etc.)$758.01
Total monthly cost$3,132.22
Interest paid over 5-yr term$105,469.86
Balance at end of term$331,017.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,360.38

Cash Needed at Closing

Minimum down payment$23,000
Estimated BC PTT$7,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,700

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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