Property Type: TownhouseOwnership: StrataRECENTLY LISTED

164 7261 140 STREET

Surrey, BC V3W5J6

$599,900

3 bed2 bath2 parking1,387 sqftBuilt 1983
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
2 Level

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$337/mo
Annual property tax
$3,264.78 (2026)

Interior

Basement
Finished, Full
Heating
Baseboard heaters, Electric
Fireplace
None
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Exterior & Lot

View
City view

Building

Water source
Municipal water
Sewer
Sanitary sewer, Storm sewer
Utilities
Water, Electricity

Parking

Total spaces
2 — covered indicated
Features
Carport, Open

Restrictions & Policies

Pets
Allowed with restrictions

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

Listing Information

MLS®
R3158850
Listed
August 25, 2026
Time on market
On the market for 6 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: RE/MAX Performance Realty · Data source: CREA DDF.

Description

In the Heart of East Newton 2 story Renovated 3 bedroom, 2 bathroom spacious Townhome located in the calm neighbourhood. Updates include New Paint, New Kitchen, Counter Top and Feature walls. This townhouse has Spacious Master Bedroom, 2 Parking Spots. Cats, Dogs and Rentals allowed. Close to Schools, Transportation and Shopping. Strata also changed Roof / Windows and all levy paid by landlord. For showings pls Call us NOW! (id:63159)

Values & Trends

This listing

$433/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

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

41

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

SchoolTypeDistance
M B Sanford ElementaryElementary718 m
Georges Vanier ElementaryElementary771 m
Frank Hurt SecondaryElementary827 m
Surrey Muslim School(Independent)Elementary1.1 km
Hyland ElementaryElementary1.3 km
Guru Angad Dev School(Independent)Elementary/Middle1.3 km
W E Kinvig ElementaryElementary1.5 km
Bear Creek 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
Northbound 140 St @ 72 Ave121 m
Westbound 72 Ave @ 140 St159 m
Eastbound 72 Ave @ 140 St213 m
Southbound 140 St @ 74 Ave214 m
Northbound 138 St @ 72 Ave243 m

Nearby Places

Restaurants (5+)

  • Planet India Restaurant277 m
  • Pizza Hut · 13753 72 Avenue393 m
  • Bharat Parmar Restaurant · 13745 72 Avenue419 m
  • Madras Club House · 13737 72 Avenue444 m
  • Lucky Horse Chinese Restaurant · 13737 72 Avenue471 m

Cafes (3)

  • Espresso Café508 m
  • Starbucks · 7380 King George Boulevard665 m
  • Tim Hortons · 7272 King George Boulevard696 m

Grocery (5+)

  • Fruiticana · 13783 72 Avenue307 m
  • Sabzi Mandi Supermarket · 13753 72 Avenue365 m
  • Chalo FreshCo · 7165 138 Street419 m
  • Herencia Latina483 m
  • Save-On-Foods · 7320 King George Boulevard574 m

Parks (4)

  • Todd Crescent Park329 m
  • Arbutus Park · 7055 141 Street533 m
  • Nichol Estates Park732 m
  • Frank Hurt Park · 13828 77 Avenue737 m

Gyms (1)

  • F45 Training656 m

Pharmacies (3)

  • Universal Pharmacy506 m
  • Gateway Medical Centre507 m
  • Shoppers Drug Mart687 m

Banks & ATMs (5+)

  • Scotiabank · 13790 72 Avenue324 m
  • State Bank of India341 m
  • Coast Capital Savings441 m
  • Khalsa Credit Union · 7288 137 Street500 m
  • RBC Royal Bank · 13681 72 Avenue566 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$677.99
Total monthly cost$3,774.27
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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