Property Type: Condo / ApartmentOwnership: Strata

203 1725 128 STREET

Surrey, BC V4A3V2

$1,069,000

3 bed2 bath2 parking1,593 sqftBuilt 1995
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Amenities

Gym

Also listed: Storage - Locker, Laundry - In Suite, Clubhouse

Property Details

Property & Lot

Sub-type
Apartment

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$777/mo
Annual property tax
$4,542.08 (2025)

Interior

Basement
Finished, Full
Heating
Electric, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
View

Building

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

Parking

Total spaces
2 — uncovered indicated
Features
Underground, Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed with restrictions
Age / occupancy
Age restriction applies

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

Listing Information

MLS®
R3157481
Listed
August 20, 2026
Time on market
On the market for 12 days
Tax assessment year
2025
Data last synced
August 31, 2026

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

Description

Locals call this complex "the dream building" & for good reason! This 55+ well managed complex is "resort-style" living-over 2 acres of landscaped park-like grounds; nature pond, greenhouse, courtyard, fountains; community clubhouse w/enormous ocean view terrace, kitchen, sitting area, library; workshop & exercise room. This 3 bdrm/2 bath, almost 1600 sq. ft. beautifully laid-out rancher/bungalow style, SW corner home, has been primarily & beautifully renovated with top-notch materials, blinds, flooring, finishes & appliances; custom pull outs in kitchen etc-move-in ready! Although noted as 2nd floor this home's access is level from the front entrance-no need for elevator. Steps to gourmet shopping, banking & restaurants at Ocean Park Village Shopping Centre. 2 s/s prkg; large storage. Very well maintained complex with new roof in 2025 paid for fully. Pets welcome! Truly a pleasure to show! By appointment. (id:63159)

Values & Trends

This listing

$671/sqft

Building average

No other active listings in this building

Surrey average

$678/sqft

1113 active listing(s)

Parking: 2 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.

Apartment Market Stats — Surrey

Monthly figures from the Fraser Valley Real Estate Board for Surrey apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$474,100

Jul 2026

Average Sale Price

$470,719

Jul 2026

Monthly Sales

16

Jul 2026

Active Listings

219

Jul 2026

Sales-to-Active Ratio

7.0%

Jul 2026

Median Days to Contract

34 days

Jul 2026

MLS® HPI Benchmark Price

$598,400
$434,400
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Langley

Clear

13°C

Clear

Humidity 92%

Wind NW 4 km/h

Today

21°

Tonight

16°

Wednesday

19°

Wednesday night

14°

Thursday

18°

Thursday night

13°

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

59

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
Laronde ElementaryElementary719 m
Ocean Cliff ElementaryElementary759 m
Crescent Park ElementaryElementary1.5 km
Ray Shepherd ElementaryElementary1.7 km
Elgin Park SecondaryElementary1.9 km
Chantrell Creek ElementaryElementary2.5 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 @ 18 Ave120 m
Eastbound 17 Ave @ 128 St131 m
Northbound 128 St @ 16 Ave151 m
Northbound 128 St @ 18 Ave174 m
Eastbound 16 Ave @ 128 St249 m

Nearby Places

Restaurants (2)

  • Ocean Park Pizza & Village Pub268 m
  • Sakuya Sushi · 1593 128 Street272 m

Cafes (3)

  • Starbucks · 1658 128 Street134 m
  • Morrison Cafe · 12855 16 Avenue239 m
  • Islands Cafe · 12901 16 Avenue287 m

Grocery (1)

  • Safeway · 12825 16 Avenue210 m

Parks (5+)

  • Fun Fun Park · 1472 128 Street459 m
  • Unnamed497 m
  • Summerhill Park · 13089 Summerhill Crescent506 m
  • Unnamed512 m
  • Laronde Park574 m

Shopping (1)

  • Unnamed226 m

Pharmacies (1)

  • Rexall · 12851 16 Avenue226 m

Banks & ATMs (5+)

  • Scotiabank88 m
  • TD Canada Trust · 1611 128 Street211 m
  • Coast Capital Savings220 m
  • Coast Capital Savings228 m
  • CIBC274 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($81,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$855,200.00
Periodic payment — Principal & Interest (monthly)$5,517.46
Additional monthly expenses (strata, tax, utilities, etc.)$1,235.01
Total monthly cost$6,752.47
Interest paid over 5-yr term$245,102.78
Balance at end of term$769,255.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$81,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,590.45

Cash Needed at Closing

Minimum down payment$81,900
Estimated BC PTT$19,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$102,780

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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