Property Type: DuplexOwnership: Freehold

7474 124 STREET

Surrey, BC V3W1P2

$1,298,800

9 bed8 bath3 parking3,408 sqftBuilt 2026
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Amenities

Also listed: Air Conditioning

Property Details

Property & Lot

Sub-type
Duplex
Lot size
3,199 square feet

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Annual property tax
$0 (2026)

Interior

Basement
Finished, Full, Separate entrance
Heating
Heat Pump, Radiant heat
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
3 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3152658
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: RE/MAX 2000 Realty · Data source: CREA DDF.

Description

Welcome to Your Brand-New Luxury Duplex in the heart of West Newton. This spacious 3 level duplex offers 9-bedroom, 8-bathroom layout per side, perfectly designed for multi-generational living. The main floor shines with a formal living area and a great room that flows into a chef's kitchen with a large island, plus a convenient Bedroom on the Main with full bath. Upstairs includes 4 Bedrooms including 2 masters with ensuites. Enjoy central AC, High end appliances, a basement rec room with a den, and relaxing patio with BBQ gas hookup. With a 2-bedroom suite and a unique 2-level garden suite, there is room for everyone. Steps from top schools transit and parks, this is a rare chance to keep the whole family together in a stunning, high-end home. (id:63159)

Values & Trends

This listing

$381/sqft

Building average

No other active listings in this building

Surrey average

$572/sqft

115 active listing(s)

Parking: 3 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.

Location Insights

Weather

Nearest station: Langley

Mainly Clear

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

30

7/9 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
Strawberry Hill ElementaryElementary275 m
Westerman ElementaryElementary474 m
Dr F D Sinclair ElementaryElementary837 m
Cougar Creek ElementaryElementary988 m
Khalsa School Newton(Independent)Elementary1.1 km
Jarvis Traditional ElementaryElementary1.2 km
Princess Margaret SecondaryElementary1.2 km
Kennedy Trail ElementaryElementary1.7 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 124 St @ 75 Ave64 m
Westbound 75 Ave @ 123A St125 m
Southbound 124 St @ 76 Ave236 m
Northbound 124 St @ 76 Ave238 m
Eastbound 75 Ave @ 122A St252 m

Nearby Places

Restaurants (4)

  • Apna Chaat House · 7500 Scott Road731 m
  • Krishna's Dosa Palace · 7500 120 Street-Scott Road761 m
  • Apna Chaat House · 7500 Scott Road768 m
  • Nando's796 m

Cafes (1)

  • Tim Hortons · 12169 72 Avenue740 m

Grocery (1)

  • FreshCo731 m

Parks (5+)

  • Unnamed251 m
  • Strawberry Hill Park422 m
  • East View Trail Park441 m
  • RA Nicholson Park · 12140 75A Avenue559 m
  • Newton Athletic Park · 7395 128 Street636 m

Shopping (1)

  • Winners752 m

Pharmacies (1)

  • Shoppers Drug Mart · 7538 Scott Road768 m

Banks & ATMs (1)

  • CIBC · 7420 Scott Road731 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,039,040.00
Periodic payment — Principal & Interest (monthly)$6,703.53
Additional monthly expenses (strata, tax, utilities, etc.)$170.00
Total monthly cost$6,873.53
Interest paid over 5-yr term$297,791.85
Balance at end of term$934,619.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,880
Stress test qualifying rate8.09%
Payment you must qualify for$9,180.83

Cash Needed at Closing

Minimum down payment$104,880
Estimated BC PTT$23,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,356

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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