Property Type: DuplexOwnership: Freehold

12332 24 AVENUE

Surrey, BC V4A5P4

$1,140,000

3 bed1 bath4 parking1,163 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
6,057 square feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$4,713.92 (2025)

Interior

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

Parking

Total spaces
4 — covered indicated
Features
Carport

Listing Information

MLS®
R3106421
Listed
April 2, 2026
Time on market
On the market for 151 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

LOCATION! LOCATION! LOCATION! Fantastic opportunity in the highly sought-after Ocean Park / Crescent Beach community of Surrey. Situated on a quiet, tree-lined street in one of South Surrey's most desirable neighbourhoods. Just minutes to the waterfront at Crescent Beach and the shops, cafés, and services of Ocean Park Village. Surrounded by beautiful homes, parks, and top schools, this established coastal community offers a peaceful lifestyle while still being close to the amenities of White Rock. A rare chance to secure property in one of the Lower Mainland's most prestigious neighbourhoods with excellent long-term value. Call to book your private showing today. (id:63159)

Values & Trends

This listing

$980/sqft

Building average

No other active listings in this building

Surrey average

$567/sqft

115 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.

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

7

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
Ocean Cliff ElementaryElementary894 m
Crescent Park ElementaryElementary969 m
Laronde ElementaryElementary1.9 km
Elgin Park SecondaryElementary2.3 km
Chantrell Creek ElementaryElementary2.8 km
Ray Shepherd ElementaryElementary3.0 km
Bayridge ElementaryElementary4.0 km
Semiahmoo Trail ElementaryElementary4.6 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
Southbound 124 St @ 24 Ave131 m
Northbound 124 St @ 24 Ave144 m
Southbound 124 St @ 23 Ave192 m
Southbound 124 St @ Seacrest Dr222 m
Northbound 124 St @ Seacrest Dr252 m

Nearby Places

Restaurants (1)

  • Red Baron Restaurant · 12180 Beecher Street785 m

Parks (2)

  • Bayview Park538 m
  • Heron Park788 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$912,000.00
Periodic payment — Principal & Interest (monthly)$5,883.91
Additional monthly expenses (strata, tax, utilities, etc.)$450.83
Total monthly cost$6,334.74
Interest paid over 5-yr term$261,381.82
Balance at end of term$820,346.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,081.82

Cash Needed at Closing

Minimum down payment$89,000
Estimated BC PTT$20,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,300

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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