7929 124 St, Surrey BC - Single Family Residence for Sale - MLS# R3119485

$1,738,880
Est. Mortgage $7,693/mo
3 Beds
1 Baths
1138 sqft
1528 $ /sqft
1966 built
$1,738,880
Est. $7,693/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

Photos

Property Details for 7929 124 Street

Investor Alert! "Preliminary Layout Approval received June 2025! 13000sf lot subdividable into 2 approximately 6500 sqft, R3 zoned lots. Under the zoning update in 2024, R3 zoning allows for a 3-story suited duplex, (4 legal units) on each lot! OR build 2 massive houses with suites, endless opportunities! Original house on the property is livable but could use some TLC. Buyer to confirm all relevant details." Great chance to turn your dreams into reality! Great location at West Newton neighborhood with bright, culturally diverse community that also acts as an industrial hub.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Heating Type Natural Gas
# of Kitchens 0
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,738,880
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1138
Year Built 1966
Age Of Building 60
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Open
Rental Suites None

Lot & Land

Lot Size 12988
Lot Size Depth Feet
Lot Size Frontage 99
MLS® # R3119485
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 3X7
Gross Taxes $5,592.77
Zoning RES

Property Timeline

Status Date Price
R3119485 / Active 04-30-2026 $1,738,880
Rooms
Floor Type Dimensions
Main Level Living Room 20'0 x 20'0 ft
Main Level Eating Area 12'0 x 12'0 ft
Main Level Bedroom 11'8 x 11'8 ft
Main Level Bedroom 10'3 x 10'3 ft
Main Level Bedroom 10'0 x 10'0 ft
Main Level Utility 1'5 x 1'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Royal LePage Brent Roberts 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

Elementary
Strawberry Hill Elementary School
Average
0.59 km
4.4/10
Secondary
Princess Margaret Secondary School
1.8 km

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

Private Schools

Elementary
Sikh Academy
Above Average
1.59 km
7.1/10
Elementary, Secondary
Khalsa School (Surrey)
5.26 km

Closest Transit

Bus Stop
Southbound 124 St @ 80 Ave
0.12 km
Skytrain
Skytrain @ King George Stn
4.70 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
19.7%
No Certificate/Degree
Above Average
26.1%
Owner Occupied
Above Average
75.4%
Employment Rate
Above Average
75.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 7929 124 Street

BC Assessment Value — 7929 124 Street

2026 assessed value, sourced from City of Surrey open data (PID 009-565-469).
Total Assessed Value (2026)
$1,366,300
2026 Value Trend
Land
$1,343,000
Buildings
$23,300
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,343,000 $23,300 $1,366,300

Mortgage Calculator for 7929 124 Street

/month
Principal & Interest
Property Taxes $466
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($347,776), the estimated monthly payment for this listing is $7,107/month — $6,641 principal & interest, $466 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%
At an estimated rental income of $4,656/month, this property runs a $2,632/month shortfall after mortgage and carrying costs. Break-even requires approximately 52% down.
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 $1,738,880
Surrey Loading...
West Newton Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $2,909,440 across 2 active listings — this listing is 40.2% below the Surrey average.

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $11,024
0 of 17 missions

Sign up on Estateblock.com

$551 / 5%

Buy with us & save on this property

Similar Single Family Residences for Sale in West Newton

Recently Sold Homes Near 7929 124 Street