5552 125 STREET
Surrey, BC V3X2Y6
$2,199,999
Property Details
Property & Lot
- Lot size
- 20,020.87 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $6,779.12 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3083339
- Listed
- January 26, 2026
- Time on market
- On the market for 217 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Saba Realty Ltd. · Data source: CREA DDF.
Description
Rare opportunity to create your dream estate in the prestigious West Panorama Ridge community! This fully serviced, 20,000 sq. ft. lot offers a blank canvas for your vision, with ample space to design a luxury residence perfectly tailored to your lifestyle. Featuring approximate dimensions of 116' x 167' (short side fronting 125 Street), this property combines generous size, prime location, and exceptional potential. This is a truly unique chance to build in one of Surrey's most sought-after neighbourhoods. (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
7
1/9 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 |
|---|---|---|
| Colebrook Elementary | Elementary | 311 m |
| Al-Mustafa School(Independent) | Elementary | 329 m |
| J T Brown Elementary | Elementary | 811 m |
| Panorama Park Elementary | Elementary | 1.4 km |
| Boundary Park Elementary | Elementary | 1.5 km |
| Pinewood Elementary | Elementary | 1.9 km |
| Beaver Creek Elementary | Elementary | 1.9 km |
| Tamanawis Secondary | Secondary | 2.1 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 56 Ave @ 125A St | — | 34 m |
| Eastbound 56 Ave @ 125A St | — | 148 m |
| Eastbound New McLellan Rd @ 124 St | — | 193 m |
| Westbound New McLellan Rd @ 124 St | — | 263 m |
| Eastbound New McLellan Rd @ 123 St | — | 407 m |
Nearby Places
Parks (5+)
- Unnamed217 m
- Unnamed284 m
- Unnamed352 m
- Unnamed358 m
- Unnamed499 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($440,000) — 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.