Property Type: Detached HouseOwnership: Freehold

7325 123 STREET

Surrey, BC V3W9J2

$1,375,000

5 bed4 bath5 parking2,421 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Lot size
7,266 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,920.2 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Electric
Fireplace
Yes (1)

Parking

Total spaces
5 — covered indicated
Features
Garage

Listing Information

MLS®
R3135313
Listed
June 12, 2026
Time on market
On the market for 80 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Discover this spacious 5 bedroom, 3.5 bathroom single-family home in the heart of West Newton. Centrally located on a 7,266 sq. ft. lot, you're just minutes from Jamia Masjid, Khalsa School, Guru Nanak Gurudwara, and Strawberry Hills Mall. Enjoy convenient access to KPU, parks, and all amenities. With a generous layout, modern updates, and a welcoming atmosphere, this is a rare opportunity to own a family home in a prime location. (id:63159)

Values & Trends

This listing

$568/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 5 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

41

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 ElementaryElementary596 m
Strawberry Hill ElementaryElementary644 m
Westerman ElementaryElementary662 m
Khalsa School Newton(Independent)Elementary731 m
Dr F D Sinclair ElementaryElementary1.1 km
Jarvis Traditional ElementaryElementary1.2 km
Princess Margaret SecondaryElementary1.2 km
Tamanawis SecondarySecondary1.6 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

StopTypeDistance
Northbound 122 St @ 7300 Block230 m
Southbound 122 St @ 7300 Block238 m
Westbound 72 Ave @ 124 St254 m
Westbound 72 Ave @ 122A St278 m
Eastbound 72 Ave @ 122 St304 m

Nearby Places

Restaurants (5+)

  • Nando's559 m
  • Kami Japanese Restaurant · 12101 72 Avenue560 m
  • Spice 72 Indian Bistro and Lounge · 12025 72 Avenue623 m
  • Apna Chaat House · 7500 Scott Road647 m
  • Sirka Gourmet Takeout · 7182 120 Street673 m

Cafes (4)

  • Tim Hortons · 12169 72 Avenue377 m
  • Pearl Fever · 7310 Scott Road611 m
  • Bandra Cafe618 m
  • Starbucks · 7221 120 Street778 m

Grocery (2)

  • FreshCo616 m
  • Day Today734 m

Parks (4)

  • Unnamed312 m
  • RA Nicholson Park · 12140 75A Avenue509 m
  • Strawberry Hill Park725 m
  • Kabaddi Park730 m

Shopping (2)

  • Winners455 m
  • Dollar Max · 7273 120 Street757 m

Gyms (3)

  • Orangetheory Fitness572 m
  • 24 HR Flex Fitness Club · 7130 120 Street674 m
  • Anytime Fitness · 7337 Scott Road729 m

Pharmacies (3)

  • Shoppers Drug Mart · 7538 Scott Road714 m
  • Wellcare Rx Pharmacy · 7445 Scott Road729 m
  • London Drugs · 7303 Scott Road746 m

Banks & ATMs (5+)

  • Coast Capital Savings · 12091 72 Avenue507 m
  • CIBC · 7420 Scott Road569 m
  • Scotiabank613 m
  • BMO695 m
  • TD · 7317 Scott Road725 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($112,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,100,000.00
Periodic payment — Principal & Interest (monthly)$7,096.83
Additional monthly expenses (strata, tax, utilities, etc.)$614.35
Total monthly cost$7,711.18
Interest paid over 5-yr term$315,263.16
Balance at end of term$989,453.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$112,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,708.18

Cash Needed at Closing

Minimum down payment$112,500
Estimated BC PTT$25,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$139,500

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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