Property Type: DuplexOwnership: Strata

9689 131 STREET

Surrey, BC V3T3P4

$1,050,000

5 bed2 bath6 parking1,716 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
6,739 square feet

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$5,396.78 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air
Fireplace
None

Parking

Total spaces
6 — uncovered indicated
Features
Open

Listing Information

MLS®
R3076288
Listed
January 6, 2026
Time on market
On the market for 238 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Opportunity knocks! This half-duplex in Surrey's Cedar Hills neighborhood is perfect for investors or buyers looking for a renovation project. The home features a main living space upstairs and a separate 2-bedroom rental suite downstairs, offering great income potential. While the property requires significant updates, it provides a spacious layout with a private backyard. Located on a quiet street, close to schools, parks, transit, and shopping. With some TLC, this home could shine again. Priced to sell-bring your ideas and make it your own! THE OTHER HALF (9687 131 ST, R3076279) IS ALSO SELLING (id:63159)

Values & Trends

This listing

$612/sqft

Building average

No other active listings in this building

Surrey average

$570/sqft

115 active listing(s)

Parking: 6 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

41

6/9 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
A H P Matthew ElementaryElementary531 m
Betty Huff ElementaryElementary697 m
Old Yale Road ElementaryElementary937 m
Queen Elizabeth SecondaryElementary1.1 km
David Brankin ElementaryElementary1.2 km
Senator Reid ElementaryElementary1.2 km
Cedar Hills ElementaryElementary1.5 km
Prince Charles ElementaryElementary1.5 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
Eastbound 96 Ave @ 130A St206 m
Westbound 96 Ave @ 130 St232 m
Westbound 96 Ave @ 132 St245 m
Northbound 132 St @ 96 Ave249 m
Southbound 132 St @ 98 Ave285 m

Nearby Places

Restaurants (4)

  • Mr Pickwick's Fish & Chips · 12884 96 Avenue475 m
  • Lighthouse Indian Kitchen · 12815 96 Avenue585 m
  • Wow Grill & Momo · 9631 128 Street633 m
  • Mezbaan Indian & Indo Chinese Food · 12790 96 Avenue653 m

Cafes (1)

  • Starbucks · 12840 96 Avenue544 m

Grocery (2)

  • Fruiticana · 12867 96 Avenue423 m
  • No Frills · 12852 96 Avenue511 m

Parks (5+)

  • Bog Park114 m
  • 21C Tot-Lot290 m
  • A.H.P Matthew Park · 9762 132 Street352 m
  • Unnamed373 m
  • Evergreen Park476 m

Pharmacies (2)

  • Family Care Pharmacy · 12815 96 Avenue581 m
  • Shoppers Drug Mart · 12830 96 Avenue600 m

Banks & ATMs (1)

  • TD453 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$535.73
Total monthly cost$5,955.13
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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