Property Type: Detached HouseOwnership: Freehold

5612 129A STREET

Surrey, BC V3X2Z1

$4,499,900

9 bed10 bath10 parking8,815 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Lot size
20,137 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,997.58 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
10 — covered indicated
Features
Garage

Listing Information

MLS®
R3132477
Listed
June 9, 2026
Time on market
On the market for 83 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Welcome to 5612 129A Street in Panorama Ridge that features 9 bedrooms and 10 washrooms! The main floor features a grand foyer as you enter, a living room, dining room, a big family room and kitchen, spice kitchen, and two bedrooms with their own ensuite and walk in closet. Upstairs features 4 big bedrooms, each with their own walk in closet and ensuite. Downstairs features a bar, a massive rec room, a gym, and sauna + a 1 bedroom suite. In addition, this home features a 2 bedroom coach home. This custom built home also features central AC, radiant floor heating on all three floors, a basketball court, and multiple patios. Centrally located with schools, shopping, parks and major routes minutes away! (id:63159)

Values & Trends

This listing

$510/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 10 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

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

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

SchoolTypeDistance
Colebrook ElementaryElementary897 m
Al-Mustafa School(Independent)Elementary948 m
Panorama Park ElementaryElementary1.2 km
J T Brown ElementaryElementary1.2 km
North Ridge ElementaryElementary1.5 km
Ecole Panorama Ridge SecondaryElementary1.6 km
Boundary Park ElementaryElementary1.9 km
St Bernadette(Independent)Elementary1.9 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
Eastbound 56 Ave @ Coulthard Rd47 m
Westbound 56 Ave @ Coulthard Rd85 m
Westbound 56 Ave @ 128 St336 m
Eastbound 56 Ave @ 128 St377 m
Westbound 56 Ave @ 132 St385 m

Nearby Places

Parks (5+)

  • Unnamed218 m
  • Unnamed386 m
  • West Newton Community Park495 m
  • Unnamed497 m
  • Unnamed536 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($899,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,599,920.00
Periodic payment — Principal & Interest (monthly)$23,225.46
Additional monthly expenses (strata, tax, utilities, etc.)$1,607.47
Total monthly cost$24,832.93
Interest paid over 5-yr term$1,031,747.42
Balance at end of term$3,238,139.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$899,980
Stress test qualifying rate8.09%
Payment you must qualify for$27,682.12

Cash Needed at Closing

Minimum down payment$899,980
Estimated BC PTT$142,995
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,044,475

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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