Property Type: Detached HouseOwnership: Freehold

1965 128 STREET

Surrey, BC V4A3V5

$1,499,000

4 bed3 bath4 parking2,345 sqftBuilt 1985
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Property Details

Property & Lot

Sub-type
House
Lot size
7,471 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0 (2026)

Interior

Basement
Separate entrance, Unknown, Unknown
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Carport, Other, Other

Listing Information

MLS®
R3142830
Listed
July 6, 2026
Time on market
On the market for 56 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Rexara Realty Inc. · Data source: CREA DDF.

Description

Welcome to this beautifully updated home in the heart of Ocean Park! Set on a generous 7,400+ sq. ft. lot, this well-maintained residence offers 3 spacious bedrooms and 2 bathrooms on the main floor, plus a bright 1-bedroom basement suite-perfect as a mortgage helper or for extended family. Thoughtful renovations include fresh paint, stylish finishes, and quality appliances, creating a warm and move-in-ready space. Step onto the large west-facing sundeck off the kitchen, ideal for entertaining or enjoying evening sunsets. Rear lane access provides ample parking and an EV charger for added convenience. Located just minutes from top-rated schools, parks, shopping, transit, and a short walk to the beach. OPEN HOUSE on August 01,2026 from 2PM-4PM. (id:63159)

Values & Trends

This listing

$639/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 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.

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

30

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
Ocean Cliff ElementaryElementary528 m
Laronde ElementaryElementary678 m
Crescent Park ElementaryElementary983 m
Elgin Park SecondaryElementary1.6 km
Ray Shepherd ElementaryElementary1.8 km
Chantrell Creek ElementaryElementary2.2 km
Bayridge ElementaryElementary2.9 km
Semiahmoo SecondaryElementary4.0 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

StopTypeDistance
Southbound 128 St @ 20 Ave39 m
Eastbound 20 Ave @ 128 St76 m
Northbound 128 St @ 20 Ave104 m
Westbound 20 Ave @ 129 St289 m
Eastbound 20 Ave @ 129 St296 m

Nearby Places

Restaurants (2)

  • Ocean Park Pizza & Village Pub763 m
  • Sakuya Sushi · 1593 128 Street775 m

Cafes (3)

  • Starbucks · 1658 128 Street622 m
  • Morrison Cafe · 12855 16 Avenue697 m
  • Islands Cafe · 12901 16 Avenue741 m

Grocery (1)

  • Safeway · 12825 16 Avenue693 m

Parks (5+)

  • Unnamed373 m
  • Unnamed394 m
  • Unnamed402 m
  • Ocean Park Terrace443 m
  • Ocean Cliff Park447 m

Shopping (1)

  • Unnamed691 m

Pharmacies (1)

  • Rexall · 12851 16 Avenue693 m

Banks & ATMs (5+)

  • Scotiabank580 m
  • Coast Capital Savings673 m
  • Coast Capital Savings681 m
  • TD Canada Trust · 1611 128 Street714 m
  • CIBC717 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (strata, tax, utilities, etc.)$117.00
Total monthly cost$7,853.83
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,566.35

Cash Needed at Closing

Minimum down payment$124,900
Estimated BC PTT$27,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,380

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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