5845 124 STREET
Surrey, BC V3X1Y2
$1,374,785
Amenities
Also listed: Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9,642 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,567.51 (2026)
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (2)
Parking
- Total spaces
- 7 — covered indicated
- Features
- Carport, Other, RV
Listing Information
- MLS®
- R3154357
- Listed
- August 11, 2026
- Time on market
- On the market for 20 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Macdonald Realty (Surrey/152) · Data source: CREA DDF.
Description
Excellent opportunity on a large 9,642 sq. ft. lot with approximately 68 feet of frontage and convenient rear lane access. This 4-bedroom, 2-bathroom home is a great option for families, investors, builders, or those looking to hold for future potential. The generous lot, wide frontage, and lane access offer plenty of possibilities. Conveniently located with easy access to Highway 10 and Highway 99, providing excellent connections throughout Surrey, Delta, and the Lower Mainland. A solid opportunity to own a substantial property in an established neighbourhood. Buyers to verify zoning, development potential, and building requirements with the City of Surrey. Call today!! (id:63159)
Values & Trends
This listing
$587/sqft
Building average
—
No other active listings in this building
Surrey average
$691/sqft
1844 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Langley
13°C
Clear
Humidity 92%
Wind NW 4 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
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 |
|---|---|---|
| J T Brown Elementary | Elementary | 391 m |
| Colebrook Elementary | Elementary | 887 m |
| Al-Mustafa School(Independent) | Elementary | 905 m |
| Boundary Park Elementary | Elementary | 922 m |
| Panorama Park Elementary | Elementary | 1.2 km |
| Beaver Creek Elementary | Elementary | 1.4 km |
| Pinewood Elementary | Elementary | 1.4 km |
| Tamanawis Secondary | Secondary | 1.6 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 |
|---|---|---|
| Northbound 124 St @ 58A Ave | — | 30 m |
| Southbound 124 St @ 58A Ave | — | 60 m |
| Southbound 124 St @ 59A Ave | — | 167 m |
| Northbound 124 St @ 60 Ave | — | 274 m |
| Westbound 60 Ave @ 126 St | — | 504 m |
Nearby Places
Parks (5+)
- Unnamed203 m
- Corrigan Park344 m
- Unnamed388 m
- Unnamed400 m
- Unnamed514 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($112,479) — 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.