Property Type: Detached HouseOwnership: Freehold

12232 85A AVENUE

Surrey, BC V3W3H6

$1,299,999

3 bed2 bath6 parking1,404 sqftBuilt 1957
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Property Details

Property & Lot

Sub-type
House
Lot size
7,780 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,234.44 (2026)

Interior

Basement
Finished, Crawl space
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3153968
Listed
August 10, 2026
Time on market
On the market for 21 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Situated in a desirable neighborhood, this well-maintained, tenant-occupied home offers an exceptional opportunity on a generous 7,880 sq. ft. lot. The 1,404 sq. ft. residence features a functional layout with a spacious kitchen, bright living room, and cozy family room. Whether you're looking to live in, renovate, or explore future building potential, this property offers excellent flexibility and long-term value. Enjoy ample parking and a prime location just steps from schools, transit, shopping, and everyday amenities. With its impressive lot size, convenient location, and exciting possibilities, this is an opportunity not to be missed. Don't miss your chance to own in this sought-after neighborhood-book your private showing today! (id:63159)

Values & Trends

This listing

$926/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 6 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

Partly Cloudy

12°C

Partly Cloudy

Humidity 95%

Wind N 3 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

59

8/9 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
Kennedy Trail ElementaryElementary506 m
Immaculate Conception School(Independent)Elementary936 m
Hellings ElementaryElementary1.2 km
Kirkbride ElementaryElementary1.3 km
Sikh Academy(Independent)Elementary/Middle1.4 km
North Delta SecondarySecondary1.6 km
David Brankin ElementaryElementary1.7 km
McCloskey ElementaryElementary1.7 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 84 Ave @ 123 St294 m
Westbound 84 Ave @ 122 St300 m
Eastbound 84 Ave @ 121A St321 m
Eastbound 84 Ave @ 122A St341 m
Westbound 84 Ave @ 124 St425 m

Nearby Places

Restaurants (5+)

  • Donair Affair379 m
  • Nordel Sushi · 12080 Nordel Way428 m
  • Boston Pizza468 m
  • Denny's · 8487 Scott Road498 m
  • Triple O's538 m

Cafes (3)

  • Tim Hortons438 m
  • D Spot Dessert Cafe · 8555 120 Street496 m
  • Tim Hortons · 12467 88 Avenue722 m

Grocery (3)

  • Save-On-Foods332 m
  • International Market Place · 12088 88 Avenue558 m
  • 88th Season's Mart Ltd · 11955 88 Avenue799 m

Parks (2)

  • Amelia Adams Park · 8546 121A Street137 m
  • Kennedy Trail Park629 m

Shopping (1)

  • Nordel Crossing Shopping Centre425 m

Gyms (1)

  • Anytime Fitness652 m

Pharmacies (4)

  • Shoppers Drug Mart495 m
  • PharmaCity594 m
  • Bains Pharmacy655 m
  • Pacific Pharmacy #2 · 11944 88 Avenue704 m

Banks & ATMs (4)

  • Scotiabank · 12040 Nordel Way496 m
  • Coast Capital Savings · 8445 120th Street534 m
  • CIBC · 12025 Nordel Way622 m
  • Khalsa Credit Union · 8788 120 Stret662 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($105,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,999.00
Periodic payment — Principal & Interest (monthly)$6,709.72
Additional monthly expenses (strata, tax, utilities, etc.)$506.20
Total monthly cost$7,215.92
Interest paid over 5-yr term$298,066.70
Balance at end of term$935,482.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$105,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,189.12

Cash Needed at Closing

Minimum down payment$105,000
Estimated BC PTT$24,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,500

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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