Property Type: TownhouseOwnership: Strata

28 9261 122 STREET

Surrey, BC V3V7R4

$579,000

2 bed1 bath1 parking1,250 sqftBuilt 1987
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Amenities

Also listed: Laundry - In Suite, Whirlpool, Clubhouse

Property Details

Property & Lot

Sub-type
Row / Townhouse

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$473/mo
Annual property tax
$2,225.22 (2024)

Interior

Basement
None, Unknown
Heating
Baseboard heaters, Electric, Natural gas
Fireplace
Yes (1)

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Open

Restrictions & Policies

Pets
Allowed with restrictions

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

Listing Information

MLS®
R3121743
Listed
May 15, 2026
Time on market
On the market for 108 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Kensington Gate, where comfort meets convenience in this beautifully maintained gated community! This large rancher-style upper corner unit offers the perfect blend of privacy, space, and natural light, giving it the feel of a detached home. The home offers 2 bedrooms plus a den, 1.5 bathrooms, and over 1,250 sq. ft. of thoughtfully designed living space. Notable features include fresh paint, stainless steel appliances, laminate flooring, built-in vacuum, in-suite laundry, cheater ensuite, one open parking stall, plus rental parking with tons of visitor parking. The west-facing patio is a sun-drenched haven, perfect for relaxation or entertaining. Pet-friendly: two cats or dogs allowed (up to 14" at the shoulder). Amenities include a clubhouse with lounge, recreation hall, library, exercise room, heated outdoor pool, and hot tub. Book your showing today before its gone!! (id:63159)

Values & Trends

This listing

$463/sqft

Building average

No other active listings in this building

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

Mainly Clear

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

30

5/9 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
Kirkbride ElementaryElementary192 m
L.A. Matheson SecondarySecondary384 m
Senator Reid ElementaryElementary814 m
Immaculate Conception School(Independent)Elementary975 m
Cedar Hills ElementaryElementary1.0 km
David Brankin ElementaryElementary1.3 km
Royal Heights ElementaryElementary1.3 km
Delview SecondarySecondary1.4 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
Westbound 92 Ave @ 122 St161 m
Westbound 92 Ave @ Scott Rd344 m
Northbound Scott Rd @ 92 Ave380 m
Southbound Scott Rd @ 93A Ave397 m
Northbound Scott Rd @ 93A Ave399 m

Nearby Places

Restaurants (5+)

  • Kathmandu Bar & Grill370 m
  • Kerala Kitchen · 9386 Scott Road408 m
  • Jagga Sweets · 9277 Scott Road416 m
  • Baba Sweets & Shivalik Restaurant · 9285 120 Street416 m
  • Thai by Thai · 9164 Scott Road419 m

Grocery (1)

  • Tayebah Halal Meat & Groceries583 m

Parks (4)

  • Moffat Memorial Park292 m
  • Kennedy Park469 m
  • Kinsmen Parkette478 m
  • Iona Park554 m

Pharmacies (1)

  • Pharmasave628 m

Banks & ATMs (3)

  • Instacoin ATM343 m
  • Tom's Sewing · 9368 Scott Road384 m
  • RBC511 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,200.00
Periodic payment — Principal & Interest (monthly)$2,988.41
Additional monthly expenses (strata, tax, utilities, etc.)$721.43
Total monthly cost$3,709.83
Interest paid over 5-yr term$132,754.45
Balance at end of term$416,649.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,199.32

Cash Needed at Closing

Minimum down payment$32,900
Estimated BC PTT$9,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,980

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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