Property Type: Detached HouseOwnership: Freehold

7076 122A STREET

Surrey, BC V3W4Z8

$1,399,000

9 bed5 bath6 parking3,826 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
8,083 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,830.01 (2025)

Interior

Basement
Finished, Full
Heating
Natural gas
Fireplace
Yes (2)

Parking

Total spaces
6 — covered indicated
Features
Garage, Open

Listing Information

MLS®
R3081676
Listed
February 2, 2026
Time on market
On the market for 210 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Four Seasons Marketing Group Ltd. · Data source: CREA DDF.

Description

Tucked away in a quiet cul-de-sac in Surrey's sought-after West Newton, 7076 122A Street is a rare 90s-built, 3,800 sq ft open-plan home offering 9 bedrooms and 5 bathrooms on an expansive, 8,000 sq ft lot-the kind of property that works for a growing family today. This home is steps to a local gurdwara and ideally positioned near Cougar Creek Elementary and Kwantlen Polytechnic for everyday convenience and strong rental appeal. With two separate 2-bedroom suites downstairs (and flexibility to convert for an even larger suite) plus the option to keep up to 5 bedrooms upstairs, it's perfectly set up to raise the kids while collecting excellent rental income. Outside, you'll find a double garage, an additional storage shed, and plenty of yard space with room to build a garden suite (buyer to verify feasibility), with some tender love and care can turn into a generational investment and home for the working family! (id:63159)

Values & Trends

This listing

$366/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

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

48

8/9 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
Cougar Creek ElementaryElementary85 m
Khalsa School Newton(Independent)Elementary339 m
Westerman ElementaryElementary1.1 km
Beaver Creek ElementaryElementary1.1 km
Strawberry Hill ElementaryElementary1.2 km
Tamanawis SecondarySecondary1.2 km
Princess Margaret SecondaryElementary1.3 km
Cougar Canyon 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
Eastbound 72 Ave @ 122 St285 m
Westbound 72 Ave @ 122A St299 m
Westbound 72 Ave @ 124 St367 m
Eastbound 72 Ave @ 124 St411 m
Northbound 122 St @ 7300 Block458 m

Nearby Places

Restaurants (5+)

  • Masala Junction · 7028 120 Street-Scott Road499 m
  • Sirka Gourmet Takeout · 7182 120 Street570 m
  • Spice 72 Indian Bistro and Lounge · 12025 72 Avenue576 m
  • Kami Japanese Restaurant · 12101 72 Avenue633 m
  • Pizza Hut · 7111 120 Street674 m

Cafes (4)

  • Tim Hortons · 12169 72 Avenue386 m
  • Pearl Fever · 7310 Scott Road737 m
  • Bandra Cafe742 m
  • Starbucks · 7221 120 Street742 m

Grocery (3)

  • Bulk Barn675 m
  • Walmart Supercentre · 7155 Scott Road709 m
  • Save-On-Foods · 7015 Scott Road709 m

Parks (4)

  • Kabaddi Park324 m
  • Cougar Creek Park373 m
  • Unnamed744 m
  • Beaver Creek Heights Park · 6722 122A Street751 m

Shopping (2)

  • Winners561 m
  • Dollar Max · 7273 120 Street776 m

Gyms (2)

  • 24 HR Flex Fitness Club · 7130 120 Street468 m
  • Orangetheory Fitness681 m

Pharmacies (1)

  • London Drugs · 7303 Scott Road795 m

Banks & ATMs (5+)

  • Coast Capital Savings · 12091 72 Avenue480 m
  • BMO539 m
  • RBC Royal Bank · 7157 Scott Road-120 Street608 m
  • ICICI Bank674 m
  • Vancity · 7211 120 Street-Scott Road735 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,200.00
Periodic payment — Principal & Interest (monthly)$7,220.70
Additional monthly expenses (strata, tax, utilities, etc.)$760.17
Total monthly cost$7,980.87
Interest paid over 5-yr term$320,765.94
Balance at end of term$1,006,724.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,874.28

Cash Needed at Closing

Minimum down payment$114,900
Estimated BC PTT$25,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,380

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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