7937 124 STREET
Surrey, BC V3W3X7
$1,150,000
Property Details
Property & Lot
- Lot size
- 7,901 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,023.81 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3119556
- Listed
- May 5, 2026
- Time on market
- On the market for 118 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX City Realty · Data source: CREA DDF.
Description
Court Order Sale, vacant lot, walking distance to schools and Sikh Temple (id:63159)
Location Insights
Weather
Nearest station: Langley
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
22
5/9 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
| School | Type | Distance |
|---|---|---|
| Strawberry Hill Elementary | Elementary | 621 m |
| Westerman Elementary | Elementary | 723 m |
| Kennedy Trail Elementary | Elementary | 793 m |
| Jarvis Traditional Elementary | Elementary | 1.2 km |
| Dr F D Sinclair Elementary | Elementary | 1.3 km |
| Sikh Academy(Independent) | Elementary/Middle | 1.6 km |
| McCloskey Elementary | Elementary | 1.8 km |
| Princess Margaret Secondary | Elementary | 1.8 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 124 St @ 80 Ave | — | 91 m |
| Northbound 124 St @ 80 Ave | — | 164 m |
| Northbound 124 St @ 78 Ave | — | 258 m |
| Southbound 124 St @ 78 Ave | — | 333 m |
| Southbound 124 St @ 82 Ave | — | 495 m |
Nearby Places
Restaurants (2)
- Mayuri Indian Cuisine · 12677 80 Avenue591 m
- The Keg · 7948 Scott Road764 m
Grocery (1)
- Fruiticana · 12047 80 Avenue708 m
Parks (4)
- Peter Pan Park452 m
- Strawberry Hill Park556 m
- East View Trail Park567 m
- Kennedy Trail Park690 m
Shopping (1)
- Canadian Tire727 m
Banks & ATMs (1)
- RBC774 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.