7176 124 St, Surrey BC - Single Family Residence for Sale - MLS# R3085778

$1,550,000
Est. Mortgage $6,857/mo
10 Beds
6 Baths
4595 sqft
337 $ /sqft
1989 built
10.1% price reduction
$1,550,000
$1,725,000
Est. $6,857/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 7176 124 Street

10.1% price reduction

The property shows extremely well and features a new heating system and new garage doors. Ideally located close to all amenities, including a college, places of worship, and shopping. Excellent layout with ground-floor entry, ample parking, and a prime location. The property offers three rental suites (3-bedroom, 2-bedroom, and 1-bedroom) generating a total monthly rental income of $4850 A must-see opportunity.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Fireplace 2
Heating Type Radiant
# of Kitchens 4
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Roof Concrete
Structures Residential Detached

Building Details

Price $1,550,000
Total Bedrooms 10
Total Bathrooms 6
Full Bathrooms 6
Half Bathrooms 0
Floor Area Total (sqft) 4595
Year Built 1989
Age Of Building 37
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Additional Parking
Total Parking Spaces 8
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 7333
Lot Size Depth Feet
Lot Size Frontage 90
MLS® # R3085778
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 3W8
Gross Taxes $6,391.73
Zoning SF

Property Timeline

Status Date Price
R3085778 / Active 01-30-2026 $1,550,000
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 18'8' x 18'8' ft
Main Level Bedroom 11' x 11' ft
Main Level Bedroom 11' x 11' ft
Main Level Dining Room 14' x 14' ft
Main Level Kitchen 15'5 x 15'5 ft
Main Level Family Room 18'4' x 18'4' ft
Main Level Living Room 12' x 12' ft
Main Level Bedroom 10' x 10' ft
Main Level Kitchen 5' x 5' ft
Below Bedroom 12' x 12' ft
Below Bedroom 10' x 10' ft
Below Bedroom 10' x 10' ft
Below Bedroom 12' x 12' ft
Below Kitchen 8' x 8' ft
Below Games Room 18' x 18' ft
Below Kitchen 7' x 7' ft
Below Bedroom 10' x 10' ft
Below Bedroom 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Below No #3
Below No #3

Listed by: Royal LePage Global Force Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Secondary
Tamanawis Secondary School
1.31 km
Elementary
Cougar Creek Elementary School
Average
0.46 km
5.3/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Bernadette
Above Average
2 km
8.5/10
Elementary, Secondary
Regent Christian Academy
Above Average
5.61 km
8.1/10

Closest Transit

Bus Stop
Eastbound 72 Ave @ 124 St
0.06 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029)
5.96 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
20.1%
No Certificate/Degree
Above Average
29%
Owner Occupied
Average
67.1%
Employment Rate
Above Average
85.7%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7176 124 Street

BC Assessment Value — 7176 124 Street

2026 assessed value, sourced from City of Surrey open data (PID 011-867-442).
Total Assessed Value (2026)
$1,332,000
2026 Value Trend
Land
$1,162,000
Buildings
$170,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,162,000 $170,000 $1,332,000

Mortgage Calculator for 7176 124 Street

/month
Principal & Interest
Property Taxes $533
Maintenance fee 0
A 20% down payment of $310,000 on this $1,550,000 listing yields an estimated mortgage of $5,920/month (30-year fixed, 4%). Total estimated housing cost: $6,453/month, $533 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing has an estimated rental yield of $7,750/month, resulting in a +$1,136/month cashflow after mortgage and carrying costs — a strong investor profile.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — West Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,550,000
Surrey Loading...
West Newton Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,600,000 across 2 active listings — this listing is 3.1% below the Surrey average. This property is flagged as a Hot Deal (10.1% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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