Property Type: Detached HouseOwnership: Freehold

7978 141A STREET

Surrey, BC V3W6L6

$1,199,900

4 bed2 bath3 parking2,119 sqftBuilt 1976
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Amenities

Also listed: Storage - Locker, Laundry - In Suite, Whirlpool

Property Details

Property & Lot

Sub-type
House
Style
Other
Lot size
14,138 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,643.91 (2025)

Interior

Basement
Partially finished, Partial
Heating
Forced air, Natural gas
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Storage Shed

Exterior & Lot

View
Ravine view

Building

Water source
Municipal water
Sewer
Sanitary sewer, Storm sewer
Utilities
Water, Natural Gas, Electricity

Parking

Total spaces
3 — covered indicated
Features
Garage, Open, RV

Listing Information

MLS®
R3121378
Listed
May 12, 2026
Time on market
On the market for 111 days
Tax assessment year
2025
Data last synced
August 31, 2026

Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.

Description

Nestled on a quiet cul-de-sac in highly sought-after Bear Creek/Green Timbers, this rare 14,000+ sq.ft. property backs onto greenspace connecting to John Tompson Park & Bear Creek. Offered for the first time in years, this mostly original home presents an incredible opportunity to renovate, invest, or build a custom legacy home tailored to your family's needs. The expansive lot & unbeatable setting provide endless potential for those looking to create long-term value in one of Surrey's most desirable neighbourhoods. Imagine your children exploring trails, catching tadpoles in the creek, and growing up surrounded by nature instead of screens. Located in the Bear Creek Elementary & Frank Hurt Secondary catchments, close to parks, schools, & everyday amenities. "Less screens, more streams." (id:63159)

Values & Trends

This listing

$566/sqft

Building average

No other active listings in this building

Surrey average

$691/sqft

1844 active listing(s)

Parking: 3 stall(s) includedStorage locker: Included

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

7

1/9 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
Frank Hurt SecondaryElementary671 m
Bear Creek ElementaryElementary722 m
Janice Churchill ElementaryElementary1.1 km
Brookside ElementaryElementary1.2 km
Enver Creek SecondaryElementary1.2 km
M B Sanford ElementaryElementary1.4 km
Guru Angad Dev School(Independent)Elementary/Middle1.4 km
Cornerstone Montessori School(Independent)Elementary1.5 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 140 St @ 80 Ave261 m
Southbound 140 St @ 80 Ave263 m
Northbound 140 St @ 78 Ave388 m
Southbound 140 St @ 78A Ave400 m
Southbound 140 St @ Bear Creek Dr417 m

Nearby Places

Parks (4)

  • John Tompson Park258 m
  • Unnamed623 m
  • Goodrich Place Park630 m
  • Bear Creek Park773 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,920.00
Periodic payment — Principal & Interest (monthly)$6,193.08
Additional monthly expenses (strata, tax, utilities, etc.)$576.33
Total monthly cost$6,769.40
Interest paid over 5-yr term$275,115.83
Balance at end of term$863,451.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,496.37

Cash Needed at Closing

Minimum down payment$94,990
Estimated BC PTT$21,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,488

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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