7991 138A STREET
Surrey, BC V3W7E8
$1,199,999
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Lot size
- 5,005 square feet
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Annual property tax
- $5,786.75 (2026)
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Fireplace
- Yes (1)
Exterior & Lot
- View
- View
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Other
Listing Information
- MLS®
- R3148439
- Listed
- July 21, 2026
- Time on market
- On the market for 41 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.
Description
Welcome to this well-kept home in the desirable East Newton neighborhood of Surrey. Conveniently located within walking distance to Bear Creek Elementary School, Bear Creek Park, Shri Narayan Mandir, and a Sikh temple. This property is perfect for first-time home buyers, families, or investors looking for excellent mortgage-helping rental income. Currently generating approximately $3,000 per month in rental income, including a 3-bedroom suite rented for $2,500/month and a studio suite rented for $500/month. The home offers a functional layout, spacious living areas, and ample parking. A great opportunity to own a home with strong income potential in one of Surrey's most sought-after family-oriented communities. Don't miss out - book your private showing today! (id:63159)
Values & Trends
This listing
$530/sqft
Building average
—
No other active listings in this building
Surrey average
$504/sqft
920 active listing(s)
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.
Townhouse Market Stats — Surrey
Monthly figures from the Fraser Valley Real Estate Board for Surrey townhouselistings — not specific to this property.
MLS® HPI Benchmark Price
$753,000
Jul 2026
Average Sale Price
$718,941
Jul 2026
Monthly Sales
67
Jul 2026
Active Listings
453
Jul 2026
Sales-to-Active Ratio
15.0%
Jul 2026
Median Days to Contract
34 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Langley
13°C
Clear
Humidity 92%
Wind NW 4 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
15
2/9 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 |
|---|---|---|
| Bear Creek Elementary | Elementary | 187 m |
| Frank Hurt Secondary | Elementary | 632 m |
| Guru Angad Dev School(Independent) | Elementary/Middle | 938 m |
| Newton Elementary | Elementary | 1.1 km |
| Surrey Muslim School(Independent) | Elementary | 1.4 km |
| Brookside Elementary | Elementary | 1.4 km |
| Enver Creek Secondary | Elementary | 1.6 km |
| Janice Churchill Elementary | Elementary | 1.6 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 140 St @ 80 Ave | — | 272 m |
| Northbound 140 St @ 80 Ave | — | 291 m |
| Southbound 140 St @ Bear Creek Dr | — | 394 m |
| Southbound 140 St @ 78A Ave | — | 434 m |
| Northbound 140 St @ 78 Ave | — | 443 m |
Nearby Places
Parks (4)
- Unnamed430 m
- Bear Creek Park493 m
- Frank Hurt Park · 13828 77 Avenue726 m
- John Tompson Park727 m
Banks & ATMs (2)
- Unnamed494 m
- ICICI Bank · 8077 King George Boulevard618 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 7.9% ($95,000) — 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.