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

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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
R3036913 / Terminated 08-12-2025 $1,828,380
R3020565 / Terminated 06-25-2025 $1,998,880
R2925579 / Terminated 09-14-2024 $2,188,880
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

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.70 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST NEWTON compares
This property
70 DOM
Listed
West Newton avg
Surrey avg

7929 124 Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3W 3X7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 3X7, 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 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 7929 124 Street

Pre-computed routes from 7929 124 St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via King George → Waterfront
    99 min
  • Metrotown, Burnaby via King George → Metrotown
    81 min
  • SFU Burnaby via King George → Production Way
    79 min
  • Richmond Centre via King George → Brighouse
    124 min
  • YVR Airport via King George → YVR-Airport
    125 min

By car (off-peak)

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

Calculate your commute

7929 124 St, Surrey, BC is ideally located for commuters. The property is 4.7 km from King George, with a 99 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound 124 St @ 80 Ave (0.12 km). Walk Score Transit rating: Good Transit (52/100).

Walkability & Transit Near 7929 124 Street

Walk Score Badge
Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

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%
Cap Rate
Cash on Cash
At an estimated rental income of $4,423/month, this property runs a $2,865/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% 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

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Walkability & Transit Near 7929 124 Street

Walk Score Badge
Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

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