7387 123 St, Surrey BC - Single Family Residence for Sale - MLS# R3136554

$1,149,888
Est. Mortgage $5,087/mo
5 Beds
4 Baths
1921 sqft
599 $ /sqft
1987 built
$1,149,888
Est. $5,087/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 7387 123 Street

Excellent investment Opportunity! Very clean, spacious home featuring 5 bedrooms and 4 full bathrooms with a fully renovated, freshly painted, modern kitchen and laminate flooring. Bright, functional layout ideal for tenants or owner-occupiers for comfortable family living. It also offers two separate 1 - bedroom basement suites providing multiple income streams and a strong mortgage helper. Well-suited for investors or multi-generational living. Located in a high-demand Surrey neighborhood close to schools, transit, shopping, and amenities. Solid rental potential in sought after location- DON'T MISS OUT! OPEN HOUSE JUNE 20 (SATURDAY) & JUNE 21 (SUNDAY) 1:00 TO 4:00 PM

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage
Heating Type Baseboard, Forced Air
Laundry In Unit
# of Kitchens 3
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
Roof Other, Concrete
Structures Residential Detached

Building Details

Price $1,149,888
Total Bedrooms 5
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 1921
Year Built 1987
Age Of Building 39
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Open
Total Parking Spaces 6
Rental Suites Legal Suite,Unauthorized Suite

Lot & Land

Lot Size 7109
Lot Size Depth Feet
Lot Size Frontage 45
MLS® # R3136554
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 5S3
Gross Taxes $6,914.5
Zoning RF

Property Timeline

Status Date Price
R3136554 / Active 06-16-2026 $1,149,888
R3126987 / Terminated 05-22-2026 $1,174,999
R3112162 / Terminated 04-14-2026 $1,199,999
Rooms
Floor Type Dimensions
Main Level Primary Bedroom 10'8 x 10'8 ft
Main Level Bedroom 9'11 x 9'11 ft
Main Level Bedroom 8'2 x 8'2 ft
Main Level Kitchen 10'4 x 10'4 ft
Main Level Living Room 14'6 x 14'6 ft
Basement Level Bedroom 9'5 x 9'5 ft
Basement Level Kitchen 9'11 x 9'11 ft
Basement Level Living Room 11'11 x 11'11 ft
Basement Level Bedroom 11'6 x 11'6 ft
Basement Level Kitchen 9'7 x 9'7 ft
Basement Level Living Room 9'7 x 9'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3
Basement No #3
Basement No #3

Listed by: RE/MAX City 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
Princess Margaret Secondary School
Average
1.17 km
5.2/10
Elementary
Strawberry Hill Elementary School
Below Average
0.49 km
3.6/10

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

Private Schools

Elementary
Surrey Muslim School
Average
2.29 km
6.7/10
Elementary,Secondary
Regent Christian Online Academy
Above Average
5.86 km
8.2/10

Closest Transit

Bus Stop
Westbound 75 Ave @ 123A St
0.22 km
Skytrain
Skytrain @ King George Stn
5.68 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
Possible

Other

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

Sell Speed & Competition

60 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,375,036
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.68 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Possible — power corridor nearby
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST NEWTON compares
This property
24 DOM
Listed
West Newton avg
Surrey avg

7387 123 Street has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 19.6% below comparable active properties in West Newton, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3W 5S3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 5S3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~2.8 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

Surrey currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 7387 123 Street

Pre-computed routes from 7387 123 St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via King George → Waterfront
    111 min
  • Metrotown, Burnaby via King George → Metrotown
    93 min
  • SFU Burnaby via King George → Production Way
    91 min
  • Richmond Centre via King George → Brighouse
    136 min
  • YVR Airport via King George → YVR-Airport
    137 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    28 min
  • Metrotown, Burnaby via Lougheed Hwy
    16 min
  • SFU Burnaby via Gaglardi Way
    16 min
  • Richmond Centre via No. 3 Rd
    23 min
  • YVR Airport via Bridgeport / Sea Island
    27 min

Calculate your commute

7387 123 St, Surrey, BC is ideally located for commuters. The property is 5.7 km from King George, with a 111 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 75 Ave @ 123A St (0.22 km). Walk Score Transit rating: Good Transit (64/100).

Walkability & Transit Near 7387 123 Street

Walk Score Badge
Car-Dependent 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
69

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 7387 123 Street

2026 assessed value, sourced from City of Surrey open data (PID 004-278-011).
Total Assessed Value (2026)
$1,168,100
2026 Value Trend
Land
$1,086,000
Buildings
$82,100
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,086,000 $82,100 $1,168,100

Mortgage Calculator for 7387 123 Street

/month
Principal & Interest
Property Taxes $576
Maintenance fee 0
A 20% down payment of $229,978 on this $1,149,888 listing yields an estimated mortgage of $4,392/month (30-year fixed, 4%). Total estimated housing cost: $4,968/month, $576 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%
Cap Rate
Cash on Cash
This listing has an estimated rental yield of $5,655/month, resulting in a +$541/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 $1,149,888
Surrey Loading...
West Newton Loading...

Based on 2 comparable active Single Family Residences in West Newton, the average asking price is $1,149,963. This listing is priced 0% below the neighbourhood 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

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Walkability & Transit Near 7387 123 Street

Walk Score Badge
Car-Dependent 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 64

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
69

Bike Score - Bikeable

Some bike infrastructure

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