Property Type: TownhouseOwnership: Strata

12263 92 AVENUE

Surrey, BC V3V1G3

$654,800

2 bed2 bath2 parking1,213 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$318/mo
Annual property tax
$2,760.1 (2025)

Interior

Basement
None, Unknown
Heating
Electric
Fireplace
Yes (1)

Exterior & Lot

View
Lake view
Waterfront
Waterfront

Parking

Total spaces
2 — covered indicated
Features
Garage, Open

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

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

Listing Information

MLS®
R3128502
Listed
May 28, 2026
Time on market
On the market for 95 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

OPEN HOUSE SUNDAY AUG 30th 2-4 pm RARE,UNIT! RANCHER,BUNGALOW, MOVE IN READY! NO ONE ABOVE YOU! BACKING THE BEAUTIFUL LAKE, WAKE UP TO BIRDS SINGING EVERY MORNING& FEEL LIKE YOU ARE ON VACATION!! THIS FEELS LIKE A HOUSE!ENTER THIS PRIVATE COURTYARD OUTSIDE THE GATES of the complex, OVER 1200 SQ FT 2 BEDROOM,2 BATH, ENSUITE NEWLY RENOVATED WITH HUGE 5 FOOT SHOWER /GRAB BARS, QUARTZ COUNTERS, NEW VANITY AND TOILET, and a HUGE WALK IN CLOSET.PRIMARY BEDROOM OVERLOOKS THE LAKE, AS DOES THE LIVING ROOM AND DININGROOM FEATURING A COZY GAS FIREPLACE. OAK KITCHEN with BUILT IN BENCH IN THE BAY WINDOW WITH CUTE SHUTTERS and GREENHOUSE WINDOW for GROWING HERBS.A BEAUTIFUL HOME IN THE CENTER OF SHOPPING, BUSES, BOTH ELEMENTARY and MIDDLE SCHOOLS. NO AGE RESTRICTION HERE! Monthly Maint. fees $318.00 (id:63159)

Values & Trends

This listing

$540/sqft

Building average

No other active listings in this building

Surrey average

$504/sqft

920 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.

Townhouse Market Stats — Surrey

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

MLS® HPI Benchmark Price

$753,000

Jul 2026

Average Sale Price

$718,941

Jul 2026

Monthly Sales

67

Jul 2026

Active Listings

453

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$960,200
$722,100
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

26

6/9 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
Kirkbride ElementaryElementary197 m
L.A. Matheson SecondarySecondary553 m
Senator Reid ElementaryElementary710 m
Immaculate Conception School(Independent)Elementary949 m
David Brankin ElementaryElementary1.1 km
Cedar Hills ElementaryElementary1.1 km
Delview SecondarySecondary1.5 km
Royal Heights ElementaryElementary1.5 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 92 Ave @ 122 St158 m
Westbound 92 Ave @ 124 St223 m
Southbound 124 St @ 93 Ave297 m
Southbound 124 St @ Iona Place433 m
Westbound 92 Ave @ Scott Rd453 m

Nearby Places

Restaurants (5+)

  • Thai by Thai · 9164 Scott Road503 m
  • Kathmandu Bar & Grill566 m
  • Jagga Sweets · 9277 Scott Road582 m
  • Baba Sweets & Shivalik Restaurant · 9285 120 Street588 m
  • Kerala Kitchen · 9386 Scott Road619 m

Grocery (2)

  • Walmart Supercentre · 12451 88 Avenue630 m
  • Tayebah Halal Meat & Groceries790 m

Parks (4)

  • Kennedy Park396 m
  • Moffat Memorial Park425 m
  • Iona Park545 m
  • Kinsmen Parkette562 m

Shopping (1)

  • Smartcentres Surrey (W), BC · 12549 88 Avenue787 m

Pharmacies (1)

  • Familycare Pharmacy · 8925 Scott Road790 m

Banks & ATMs (3)

  • Instacoin ATM539 m
  • Tom's Sewing · 9368 Scott Road590 m
  • RBC728 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,480) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$523,840.00
Periodic payment — Principal & Interest (monthly)$3,379.64
Additional monthly expenses (strata, tax, utilities, etc.)$608.94
Total monthly cost$3,988.58
Interest paid over 5-yr term$150,134.05
Balance at end of term$471,195.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,480
Stress test qualifying rate8.09%
Payment you must qualify for$4,723.91

Cash Needed at Closing

Minimum down payment$40,480
Estimated BC PTT$11,096
Legal / closing costs (typical estimate)$1,500
Total cash needed$53,076

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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