9385 125 STREET
Surrey, BC V3V4X5
$3,999,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 27,668 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,849.93 (2025)
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Fireplace
- Yes (1)
Parking
- Total spaces
- 7 — covered indicated
- Features
- Garage, Other
Listing Information
- MLS®
- R3138662
- Listed
- June 24, 2026
- Time on market
- On the market for 68 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Langley) · Data source: CREA DDF.
Description
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire a 27,668 sq.ft. (0.635 acre) corner property in Queen Mary Park neighbourhood. Professionally prepared feasibility study supports a potential 4-lot subdivision consisting of 2 single-family lots and 2 duplex lots (buyer to verify). Prime corner exposure with frontage on 125 Street and side frontage on 94 Avenue offers excellent redevelopment potential. Existing home provides holding income potential while future plans are explored. Convenient location close to schools, parks, shopping, transit and major commuter routes. Feasibility package available upon request. Buyer to verify all development potential, lot yield, servicing requirements and municipal approvals. (id:63159)
Values & Trends
This listing
$1,755/sqft
Building average
—
No other active listings in this building
Surrey average
$690/sqft
1844 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.
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Langley
12°C
Partly Cloudy
Humidity 95%
Wind N 3 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
19
3/9 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 |
|---|---|---|
| Senator Reid Elementary | Elementary | 212 m |
| L.A. Matheson Secondary | Secondary | 608 m |
| Kirkbride Elementary | Elementary | 752 m |
| David Brankin Elementary | Elementary | 773 m |
| Cedar Hills Elementary | Elementary | 826 m |
| Betty Huff Elementary | Elementary | 1.2 km |
| Prince Charles Elementary | Elementary | 1.3 km |
| Immaculate Conception School(Independent) | Elementary | 1.5 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
| Stop | Type | Distance |
|---|---|---|
| Southbound 124 St @ Iona Place | — | 200 m |
| Southbound 124 St @ 93 Ave | — | 283 m |
| Southbound 124 St @ 95 Ave | — | 284 m |
| Eastbound 96 Ave @ 125 St | — | 416 m |
| Westbound 92 Ave @ 124 St | — | 419 m |
Nearby Places
Restaurants (2)
- Mezbaan Indian & Indo Chinese Food · 12790 96 Avenue725 m
- Wow Grill & Momo · 9631 128 Street774 m
Parks (3)
- Iona Park155 m
- Moffat Memorial Park494 m
- Robertson Drive Park677 m
Pharmacies (1)
- Shoppers Drug Mart · 12830 96 Avenue765 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($799,800) — 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.