Property Type: Detached HouseOwnership: Freehold

7135 129A STREET

Surrey, BC V3W6T4

$1,039,900

6 bed3 bath4 parking1,500 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
House
Lot size
4,309 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,169.71 (2015)

Interior

Basement
None, Unknown
Heating
Electric
Fireplace
Yes (1)

Parking

Total spaces
4 — uncovered indicated
Features
None

Listing Information

MLS®
R3131681
Listed
June 3, 2026
Time on market
On the market for 89 days
Tax assessment year
2015
Data last synced
August 28, 2026

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

Description

Investor alert!! This home features 3 bedrooms upper floor and 1 bedroom with a full bathroom on the main floor. With 2 bedrooms suite for rental income. Private fenced backyard with fence door opening right into the school and park. Covered Sundeck attached with kitchen on main floor with glass sliding door. Two storage sheds in the backyard. Walking distance to Grocery stores, Transit, Parks and more. Call today for private showing. (id:63159)

Values & Trends

This listing

$693/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 4 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

33

6/9 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 SecondaryElementary148 m
Gabrielle-RoyK-12699 m
W E Kinvig ElementaryElementary699 m
Dr F D Sinclair ElementaryElementary731 m
Martha Jane Norris ElementaryElementary995 m
Khalsa School Newton(Independent)Elementary1.2 km
Surrey Muslim School(Independent)Elementary1.2 km
St Bernadette(Independent)Elementary1.2 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 St158 m
Eastbound 72 Ave @ 130 St190 m
Northbound 128 St @ 7100 Block280 m
Southbound 128 St @ 72 Ave308 m
Northbound 128 St @ 72 Ave332 m

Nearby Places

Restaurants (2)

  • Prabu Sweets · 7035 128 Street414 m
  • Anand Pizza Sweets Restaurant624 m

Cafes (1)

  • Olivo Cafe792 m

Grocery (1)

  • Unnamed701 m

Parks (5+)

  • Puss in Boots Park41 m
  • Princess Margaret Park252 m
  • Hayle Place Park358 m
  • Unnamed392 m
  • Evershine Park621 m

Gyms (1)

  • Jong Kim Martial Arts - Surrey - Taekwondo · 7536 130 Street704 m

Banks & ATMs (1)

  • Scotiabank ATM677 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($78,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$831,920.00
Periodic payment — Principal & Interest (monthly)$5,367.27
Additional monthly expenses (strata, tax, utilities, etc.)$505.81
Total monthly cost$5,873.07
Interest paid over 5-yr term$238,430.66
Balance at end of term$748,314.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$78,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,389.06

Cash Needed at Closing

Minimum down payment$78,990
Estimated BC PTT$18,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$99,288

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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