7048 140A STREET
Surrey, BC V3W5L5
$1,135,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Lot size
- 11,408 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,732.78 (2026)
Interior
- Basement
- Partially finished, Partial, Separate entrance
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (3)
Building
- Water source
- Municipal water
- Sewer
- Sanitary sewer, Storm sewer
- Utilities
- Natural Gas, Electricity
Parking
- Total spaces
- 8 — covered indicated
- Features
- Garage, Open, RV
Listing Information
- MLS®
- R3151383
- Listed
- August 5, 2026
- Time on market
- On the market for 26 days
- Tax assessment year
- 2026
- Data last synced
- September 1, 2026
Listing provided by: Macdonald Realty (Surrey/152) · Data source: CREA DDF.
Description
Come view this spacious 4 bedroom, 2 bathroom, 2,252 sq. ft. split-entry home situated on a large 11,408 sq. ft. lot backing onto Arbutus Park. Upstairs features 3 bedrooms, a full bathroom, generous living and dining areas, a kitchen overlooking the backyard, an enclosed solarium and a balcony. Downstairs offers a bedroom, bathroom, second kitchen with gas stove, living room, laundry, workshop and 2 fireplaces. Enjoy a tandem 2-car garage, extra storage, RV/Boat parking and an east-facing backyard. Walk to Georges Vanier Elementary, Newton Exchange, Superstore, Save-On-Foods, banks, Newton Wave Pool, restaurants and more! (id:63159)
Values & Trends
This listing
$504/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
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
26
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
| School | Type | Distance |
|---|---|---|
| Georges Vanier Elementary | Elementary | 307 m |
| M B Sanford Elementary | Elementary | 745 m |
| Hyland Elementary | Elementary | 805 m |
| Frank Hurt Secondary | Elementary | 1.3 km |
| McLeod Road Traditional | Elementary | 1.5 km |
| Surrey Muslim School(Independent) | Elementary | 1.5 km |
| T E Scott Elementary | Elementary | 1.5 km |
| Chimney Hill Elementary | Elementary | 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 |
|---|---|---|
| Eastbound 72 Ave @ 140 St | — | 311 m |
| Westbound 72 Ave @ 140 St | — | 362 m |
| Westbound 72 Ave @ 142 St | — | 409 m |
| Northbound 140 St @ 72 Ave | — | 415 m |
| Northbound 138 St @ 70 Ave | — | 415 m |
Nearby Places
Restaurants (5+)
- Planet India Restaurant565 m
- Pizza Hut · 13753 72 Avenue655 m
- Bharat Parmar Restaurant · 13745 72 Avenue694 m
- Madras Club House · 13737 72 Avenue730 m
- Lucky Horse Chinese Restaurant · 13737 72 Avenue755 m
Grocery (4)
- Chalo FreshCo · 7165 138 Street578 m
- Fruiticana · 13783 72 Avenue634 m
- Sabzi Mandi Supermarket · 13753 72 Avenue648 m
- Herencia Latina743 m
Parks (5+)
- Arbutus Park · 7055 141 Street62 m
- Hazelnut Meadows Community Park · 14069 68 Avenue304 m
- Todd Crescent Park623 m
- Unnamed653 m
- Unnamed721 m
Pharmacies (1)
- Gateway Medical Centre757 m
Banks & ATMs (3)
- Scotiabank · 13790 72 Avenue538 m
- State Bank of India604 m
- Coast Capital Savings665 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($88,500) — 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.