Property Type: Detached HouseOwnership: Freehold

6722 124 STREET

Surrey, BC V3W0Z7

$1,499,900

8 bed6 bath8 parking3,025 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Style
3 Level
Lot size
8,022 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,649.58 (2026)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Natural gas
Fireplace
Yes (2)

Building

Water source
Municipal water
Sewer
Sanitary sewer
Utilities
Water, Natural Gas, Electricity

Parking

Total spaces
8 — covered indicated
Features
Garage

Listing Information

MLS®
R3151971
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.

Description

Welcome to this well-maintained 8 bedroom, 6 bathroom home in the heart of West Newton, situated on a spacious 8,022 sqft lot. The main floor features formal living and family rooms, along with 4 bedrooms and 2 bathrooms. The lower level offers a renovated 2-bedroom, 1-bathroom suite plus a bachelor suite, providing excellent flexibility for extended family or rental potential. Enjoy ample parking with a driveway that fits up to 6 vehicles, a double garage, and a large backyard with a deck perfect for entertaining, relaxing, or family activities. Ideally located within walking distance to Khalsa School and close to shopping, schools, transit, and major routes including Hwy 91 and 99. A fantastic opportunity in a highly desirable neighbourhood! All pictures have been virtually enhanced. OPEN HOUSE SUN 12-1PM. (id:63159)

Values & Trends

This listing

$496/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 8 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

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

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
Beaver Creek ElementaryElementary450 m
Khalsa School Newton(Independent)Elementary498 m
Tamanawis SecondarySecondary536 m
Cougar Creek ElementaryElementary723 m
Boundary Park ElementaryElementary890 m
Martha Jane Norris ElementaryElementary1.1 km
Princess Margaret SecondaryElementary1.4 km
Panorama Park ElementaryElementary1.4 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 64 Ave @ 124 St650 m
Eastbound 64 Ave @ 124 St670 m
Westbound 64 Ave @ 126 St744 m
Eastbound 64 Ave @ 122 St768 m
Westbound 64 Ave @ 122 St786 m

Nearby Places

Parks (5+)

  • Beaver Creek Heights Park · 6722 122A Street244 m
  • Beaver Creek Park · 12270 66 Avenue431 m
  • Cougar Creek Park553 m
  • Tamanawis Park628 m
  • Evershine Park750 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,920.00
Periodic payment — Principal & Interest (monthly)$7,741.48
Additional monthly expenses (strata, tax, utilities, etc.)$955.13
Total monthly cost$8,696.61
Interest paid over 5-yr term$343,900.52
Balance at end of term$1,079,331.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,990
Stress test qualifying rate8.09%
Payment you must qualify for$10,572.58

Cash Needed at Closing

Minimum down payment$124,990
Estimated BC PTT$27,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,488

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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