Property Type: Detached HouseOwnership: Freehold

12987 62 AVENUE

Surrey, BC V3X2E9

$1,299,000

5 bed3 bath4 parking2,690 sqftBuilt 1982
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Amenities

Also listed: Storage - Locker, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
7,890 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,345.72 (2025)

Interior

Basement
Finished, Full
Heating
Forced air, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3110544
Listed
April 14, 2026
Time on market
On the market for 139 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Universe Realty · Data source: CREA DDF.

Description

Welcome to this beautifully situated single family home nestled on a 7,890 sq ft corner lot in one of the most convenient and connected neighbourhoods around. Transit just one block away and shopping, schools, and parks all nearby. The corner lot adds excellent curb appeal, abundant natural light, and a sense of openness, making it ideal for families or savvy investors alike. This is a rare opportunity in a high-demand area - book your showing today. (id:63159)

Values & Trends

This listing

$483/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 4 stall(s) includedStorage locker: Included

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

Clear

14°C

Clear

Humidity 87%

Wind S calm 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

15

3/9 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
Panorama Park ElementaryElementary245 m
Ecole Panorama Ridge SecondaryElementary663 m
St Bernadette(Independent)Elementary779 m
Martha Jane Norris ElementaryElementary910 m
North Ridge ElementaryElementary998 m
J T Brown ElementaryElementary1.0 km
Tamanawis SecondarySecondary1.1 km
Henry Bose ElementaryElementary1.1 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
Northbound 128 St @ 62 Ave373 m
Eastbound 64 Ave @ 130 St379 m
Southbound 128 St @ 62 Ave391 m
Westbound 64 Ave @ 130 St394 m
Southbound 132 St @ 62 Ave442 m

Nearby Places

Restaurants (1)

  • Pizza64 · 13190 64 Avenue547 m

Grocery (1)

  • Unnamed543 m

Parks (5+)

  • Unnamed205 m
  • Unnamed256 m
  • Panorama Park · 12863 60 Avenue378 m
  • Unnamed379 m
  • Newton Reservoir Park489 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,200.00
Periodic payment — Principal & Interest (monthly)$6,704.57
Additional monthly expenses (strata, tax, utilities, etc.)$663.81
Total monthly cost$7,368.38
Interest paid over 5-yr term$297,837.71
Balance at end of term$934,763.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,182.21

Cash Needed at Closing

Minimum down payment$104,900
Estimated BC PTT$23,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,380

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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