Property Type: TownhouseOwnership: Strata

241 7156 121 STREET

Surrey, BC V3W0J6

$519,000

2 bed2 bath1 parking1,630 sqftBuilt 1988
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Amenities

Gym

Also listed: Laundry - In Suite, Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$420/mo
Annual property tax
$2,461.08 (2025)

Interior

Basement
None, Unknown
Heating
Radiant heat, Hot Water
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Garage

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®
R3128639
Listed
May 29, 2026
Time on market
On the market for 94 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Welcome to GRANNY'S HOUSE! That's right you have a once in a lifetime opportunity to own our Grandmothers home which has been meticulously cared for over the past 38 years. This is the highly desirable Glenwood Village complex. This 55+ GATED community offers privacy and convenience. Massive upper 1630 sq ft 2 bedroom 2 bath townhouse. South West facing in a quiet, peaceful location as you sip your morning coffee on your oversized private deck. Spacious, bright unit with formal dining room to entertain. Living room has gas fireplace. In floor radiant heat. Updated kitchen with family room & eating area. Giant Master suite with ensuite and walk in closet. Spare bedroom is on opposite end. Windows on 3 sides making this unit bright. Single garage. Beautiful complex and well maintained! (id:63159)

Values & Trends

This listing

$318/sqft

Building average

$397/sqft

1 active listing(s)

Surrey average

$504/sqft

920 active listing(s)

Parking: 1 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

70

8/9 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
Cougar Creek ElementaryElementary364 m
Khalsa School Newton(Independent)Elementary697 m
Westerman ElementaryElementary989 m
Strawberry Hill ElementaryElementary1.1 km
Cougar Canyon ElementaryElementary1.2 km
Jarvis Traditional ElementaryElementary1.2 km
Seaquam SecondarySecondary1.3 km
Beaver Creek ElementaryElementary1.4 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 Scott Rd @ 72 Ave237 m
Eastbound 72 Ave @ 122 St254 m
Westbound 72 Ave @ 122A St278 m
Northbound Scott Rd @ 70 Ave299 m
Westbound 72 Ave @ Scott Rd306 m

Nearby Places

Restaurants (5+)

  • Sirka Gourmet Takeout · 7182 120 Street210 m
  • Spice 72 Indian Bistro and Lounge · 12025 72 Avenue219 m
  • Masala Junction · 7028 120 Street-Scott Road294 m
  • Kami Japanese Restaurant · 12101 72 Avenue308 m
  • White Spot · 7207 Scott Road316 m

Cafes (4)

  • Tim Hortons · 12169 72 Avenue180 m
  • Starbucks · 7221 120 Street381 m
  • Pearl Fever · 7310 Scott Road415 m
  • Bandra Cafe417 m

Grocery (5+)

  • Walmart Supercentre · 7155 Scott Road369 m
  • Bulk Barn377 m
  • Save-On-Foods · 7015 Scott Road452 m
  • Day Today516 m
  • FreshCo627 m

Parks (3)

  • Kabaddi Park262 m
  • Cougar Creek Park556 m
  • RA Nicholson Park · 12140 75A Avenue675 m

Shopping (2)

  • Winners278 m
  • Dollar Max · 7273 120 Street419 m

Gyms (3)

  • 24 HR Flex Fitness Club · 7130 120 Street138 m
  • Orangetheory Fitness362 m
  • Anytime Fitness · 7337 Scott Road514 m

Pharmacies (3)

  • London Drugs · 7303 Scott Road443 m
  • Wellcare Rx Pharmacy · 7445 Scott Road667 m
  • Shoppers Drug Mart · 7538 Scott Road756 m

Banks & ATMs (5+)

  • Coast Capital Savings · 12091 72 Avenue154 m
  • BMO189 m
  • RBC Royal Bank · 7157 Scott Road-120 Street263 m
  • Vancity · 7211 120 Street-Scott Road375 m
  • ICICI Bank390 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Other Listings in This Building

Other units currently listed in the same building. 241 7156 121 STREET

View building profile →
Built 1988

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($26,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$415,200.00
Periodic payment — Principal & Interest (monthly)$2,678.73
Additional monthly expenses (strata, tax, utilities, etc.)$706.89
Total monthly cost$3,385.62
Interest paid over 5-yr term$118,997.51
Balance at end of term$373,473.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,784.08

Cash Needed at Closing

Minimum down payment$26,900
Estimated BC PTT$8,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,780

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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