Property Type: Detached HouseOwnership: Freehold

7068 129A AVENUE

Surrey, BC V3W2V7

$999,000

5 bed3 bath6 parking1,817 sqftBuilt 1977
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Amenities

Also listed: Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
4,515 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0 (2025)

Interior

Basement
None, Unknown
Heating
Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
6 — uncovered indicated
Features
Open, Other

Listing Information

MLS®
R3153875
Listed
August 7, 2026
Time on market
On the market for 24 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Performance Realty · Data source: CREA DDF.

Description

Opportunity knocks in sought-after West Newton! This well-maintained rancher offers 5 bedrooms, 2.5 bathrooms, and a practical layout designed for both families and investors. Recent improvements include updated flooring, stylish fixtures, renovated washrooms, an upgraded kitchen, and the added comfort of central air conditioning. The home features a separate-entry suite that can be configured as either a 1- or 2-bedroom mortgage helper, providing excellent flexibility for extended family living or additional income. Situated on a 4,515 sq. ft. lot, the property also offers abundant parking. Conveniently located near schools, parks, shopping centres, public transportation, and other essential amenities, this property combines comfort, convenience, and investment potential in one attractive (id:63159)

Values & Trends

This listing

$550/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 6 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

Partly Cloudy

12°C

Partly Cloudy

Humidity 95%

Wind N 3 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

26

4/9 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
Princess Margaret SecondaryElementary259 m
Gabrielle-RoyK-12608 m
W E Kinvig ElementaryElementary663 m
Dr F D Sinclair ElementaryElementary855 m
Martha Jane Norris ElementaryElementary869 m
St Bernadette(Independent)Elementary1.1 km
Khalsa School Newton(Independent)Elementary1.2 km
Tamanawis SecondarySecondary1.2 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 72 Ave @ 130 St272 m
Eastbound 72 Ave @ 130 St279 m
Northbound 128 St @ 7100 Block301 m
Southbound 128 St @ 7000 Block313 m
Northbound 128 St @ 69A Ave352 m

Nearby Places

Restaurants (2)

  • Prabu Sweets · 7035 128 Street362 m
  • Anand Pizza Sweets Restaurant652 m

Grocery (1)

  • Unnamed591 m

Parks (5+)

  • Puss in Boots Park98 m
  • Princess Margaret Park180 m
  • Hayle Place Park261 m
  • Unnamed516 m
  • Evershine Park564 m

Banks & ATMs (1)

  • Scotiabank ATM568 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,200.00
Periodic payment — Principal & Interest (monthly)$5,156.17
Additional monthly expenses (strata, tax, utilities, etc.)$91.00
Total monthly cost$5,247.17
Interest paid over 5-yr term$229,053.02
Balance at end of term$718,882.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,106.01

Cash Needed at Closing

Minimum down payment$74,900
Estimated BC PTT$17,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,380

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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