1554 128 STREET
Surrey, BC V4A3T7
$4,798,600
Property Details
Property & Lot
- Lot size
- 10,727 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $24,727.38 (2026)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8080758
- Listed
- July 28, 2026
- Time on market
- On the market for 34 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.
Description
Rare Strip Mall on prime lot, positioned in the vibrant core of Ocean Park, Surrey. This exceptional offering presents a rare opportunity to acquire a strategically assembled land package in one of Surrey's most desirable and established neighborhoods. Two adjacent lots behind are ready for consolidation process for redevelopment. Fantastic future possibilities including potential for 3-4 storey's mixed use buildings and amalgamation of lots, All details to be confirmed by consultation with the City of Surrey. Call today for more details. (id:63159)
Location Insights
Weather
Nearest station: Langley
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
78
7/9 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
| School | Type | Distance |
|---|---|---|
| Laronde Elementary | Elementary | 870 m |
| Ocean Cliff Elementary | Elementary | 1.0 km |
| Ray Shepherd Elementary | Elementary | 1.6 km |
| Crescent Park Elementary | Elementary | 1.8 km |
| Elgin Park Secondary | Elementary | 2.2 km |
| Chantrell Creek Elementary | Elementary | 2.7 km |
| Bayridge Elementary | Elementary | 2.9 km |
| H T Thrift Elementary | Elementary | 4.0 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 128 St @ 16 Ave | — | 42 m |
| Eastbound 16 Ave @ 128 St | — | 75 m |
| Northbound 128 St @ 16 Ave | — | 165 m |
| Southbound 128 St @ 14B Ave | — | 237 m |
| Eastbound 17 Ave @ 128 St | — | 286 m |
Nearby Places
Restaurants (2)
- Sakuya Sushi · 1593 128 Street56 m
- Ocean Park Pizza & Village Pub68 m
Cafes (3)
- Islands Cafe · 12901 16 Avenue183 m
- Morrison Cafe · 12855 16 Avenue185 m
- Starbucks · 1658 128 Street199 m
Grocery (1)
- Safeway · 12825 16 Avenue145 m
Parks (5+)
- Fun Fun Park · 1472 128 Street157 m
- Kwomais Point Park457 m
- Summerhill Park · 13089 Summerhill Crescent606 m
- Detention Pond640 m
- Ware Park649 m
Shopping (1)
- Unnamed174 m
Pharmacies (1)
- Rexall · 12851 16 Avenue171 m
Banks & ATMs (5+)
- TD Canada Trust · 1611 128 Street109 m
- Coast Capital Savings198 m
- Coast Capital Savings200 m
- CIBC205 m
- Scotiabank238 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($959,720) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.