2576 124B STREET
Surrey, BC V4A3N7
$1,199,000
Property Details
Property & Lot
- Lot size
- 6,239 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,988.72 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3140189
- Listed
- June 26, 2026
- Time on market
- On the market for 66 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Homelife Benchmark Realty Corp. · Data source: CREA DDF.
Description
Rare flat 6,239 SQFT. building lot in the heart of Ocean Park. 49 ft frontage x 125 ft depth with R3 zoning ideal for a stunning 3-level custom home or a duplex. Very private setting surrounded by beautiful established properties in one of South Surrey's most sought-after neighbourhoods. Close to trails, Ocean Park Village and within the highly desirable catchments of Elgin Park Secondary and Crescent Park Elementary. Building lots in this pocket are rarely available. Ready to build lot. (id:63159)
Location Insights
Weather
Nearest station: Langley
16°C
Mainly Clear
Humidity 78%
Wind S 3 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
26
4/9 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
| School | Type | Distance |
|---|---|---|
| Crescent Park Elementary | Elementary | 746 m |
| Ocean Cliff Elementary | Elementary | 1.2 km |
| Laronde Elementary | Elementary | 2.0 km |
| Elgin Park Secondary | Elementary | 2.1 km |
| Chantrell Creek Elementary | Elementary | 2.5 km |
| Ray Shepherd Elementary | Elementary | 3.0 km |
| Bayridge Elementary | Elementary | 3.9 km |
| Semiahmoo Trail Elementary | Elementary | 4.3 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
| Stop | Type | Distance |
|---|---|---|
| Westbound 25 Ave @ 126 St | — | 235 m |
| Northbound 124 St @ Seacrest Dr | — | 266 m |
| Southbound 124 St @ Seacrest Dr | — | 296 m |
| Eastbound 25 Ave @ 126 St | — | 321 m |
| Westbound 24 Ave @ 124B St | — | 411 m |
Nearby Places
Restaurants (5+)
- Fong's Eatery · 12308 Beecher Street487 m
- The Cabin Restaurant · 12302 Beecher Street497 m
- Crescent Beach Bistro · 12251 Beecher Street570 m
- Harbour House Restaurant · 12233 Beecher Street598 m
- Red Baron Restaurant · 12180 Beecher Street651 m
Cafes (2)
- The Sunflower Cafe · 12310 Beecher Street491 m
- Crescent Coffee House · 12219 Beecher Street607 m
Parks (3)
- Bayview Park395 m
- Heron Park448 m
- Blackie Spit Park638 m
Banks & ATMs (1)
- Unnamed617 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.