Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

2440 124B STREET

Surrey, BC V4A3N6

$1,839,900

6 bed4 bath4 parking3,639 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Style
2 Level
Lot size
5,425 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,190.75 (2026)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Dishwasher, Wine Fridge, Stove, Dryer, Microwave, Central Vacuum - Roughed In, Storage Shed

Building

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

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3158397
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: Macdonald Realty (Surrey/152) · Data source: CREA DDF.

Description

This is the Ocean Park home your family grows into, not out of! Perfectly positioned among mature cedar trees in Ocean Park, this updated 6-bed, 4-bath, 2-storey + basement home blends timeless charm with modern comfort. Offering over 3639 sqft, its functional layout is ideal for growingfamilies. A rare 4-bedroom upstairs layout plus a bonus office space on the main floor. Step outside to a peaceful setting with an expansive deck, stonepatio, and lush greenery. Featuring $150K in upgrades (2025), including new hardwood flooring, fresh paint throughout, a new roof, and a heat pump-this home is truly move-in ready. (id:63159)

Values & Trends

This listing

$506/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

Partly Cloudy

12°C

Partly Cloudy

Humidity 95%

Wind N 3 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

11

3/9 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
Crescent Park ElementaryElementary665 m
Ocean Cliff ElementaryElementary936 m
Laronde ElementaryElementary1.7 km
Elgin Park SecondaryElementary2.0 km
Chantrell Creek ElementaryElementary2.5 km
Ray Shepherd ElementaryElementary2.8 km
Bayridge ElementaryElementary3.8 km
Semiahmoo Trail ElementaryElementary4.3 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
Westbound 24 Ave @ 124B St106 m
Northbound 124 St @ Seacrest Dr170 m
Southbound 124 St @ Seacrest Dr172 m
Northbound 124 St @ 24 Ave212 m
Southbound 124 St @ 24 Ave217 m

Nearby Places

Restaurants (2)

  • Fong's Eatery · 12308 Beecher Street749 m
  • The Cabin Restaurant · 12302 Beecher Street759 m

Cafes (1)

  • The Sunflower Cafe · 12310 Beecher Street756 m

Parks (3)

  • Bayview Park563 m
  • Heron Park719 m
  • Ocean Park Terrace778 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($367,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,471,920.00
Periodic payment — Principal & Interest (monthly)$9,496.33
Additional monthly expenses (strata, tax, utilities, etc.)$781.23
Total monthly cost$10,277.56
Interest paid over 5-yr term$421,856.50
Balance at end of term$1,323,996.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$367,980
Stress test qualifying rate8.09%
Payment you must qualify for$11,318.55

Cash Needed at Closing

Minimum down payment$367,980
Estimated BC PTT$34,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$404,278

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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