Property Type: Condo / ApartmentOwnership: Strata

112 12633 72 AVENUE

Surrey, BC V3W0A4

$525,000

2 bed2 bath2 parking1,463 sqftBuilt 1993
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$592/mo
Annual property tax
$2,523.07 (2026)

Interior

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

Parking

Total spaces
2 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed

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

Listing Information

MLS®
R3157493
Listed
August 20, 2026
Time on market
On the market for 12 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd. · Data source: CREA DDF.

Description

Ground floor condo 1463 sq. ft in the heart of West Newton with 2 spacious Bedrooms and 2 Bathrooms. Centrally located to shopping amenities and a few minutes' walk to Kwantlen University. As you enter you will appreciate the spaciousness with large kitchen and breakfast area which is open to the living room. The dining/living room with gas fireplace has sliders to the fence covered patio area that accesses the private courtyard, great for BBQ and summer entertaining. The master bedroom is huge with shower and tub ensuite, walk-in closet and slider to the patio area. (id:63159)

Values & Trends

This listing

$359/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

Clear

13°C

Clear

Humidity 92%

Wind NW 4 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

15

2/9 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
Princess Margaret SecondaryElementary492 m
Dr F D Sinclair ElementaryElementary614 m
Khalsa School Newton(Independent)Elementary725 m
Cougar Creek ElementaryElementary914 m
Strawberry Hill ElementaryElementary999 m
Westerman ElementaryElementary1.2 km
Tamanawis SecondarySecondary1.3 km
Gabrielle-RoyK-121.3 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
Eastbound 72 Ave @ 126 St45 m
Westbound 72 Ave @ 128 St119 m
Westbound 72 Ave @ 126 St131 m
Eastbound 72 Ave @ 128 St152 m
Westbound 72 Ave @ 128 St261 m

Nearby Places

Restaurants (1)

  • Prabu Sweets · 7035 128 Street498 m

Parks (5+)

  • Newton Athletic Park · 7395 128 Street391 m
  • Unnamed502 m
  • Unnamed526 m
  • Evershine Park554 m
  • Princess Margaret Park576 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$875.75
Total monthly cost$3,585.44
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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