Home > All listings > 5545 127 Street

$2,798,000

5545 127 Street

Panorama Ridge, Surrey, BC, V3X 3V1

10 | 8 | 10 | 7,625 sq.ft. | Year Built: 2005 |

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This exquisitely designed luxury residence is located in the esteemed Panorama Ridge, occupying an expansive nearly half-acre lot. This stunning mansion in Panorama Ridge is a real showstopper! It comes with not one, but two wrap-around decks for all your sunset-watching needs. With a whopping 9 bedrooms (including a two-bedroom suite in the basement), there's space galore. And don't forget the shed room - perfect for turning into your dream office. Outside, the landscaped gardens are a dream, complete with a charming water fountain. Parking? No problem! You've got three garages and 7 extra spots for all your guests. Upstairs, ocean views await from multiple rooms, while the high ceilings give everything an airy vibe. Trust us, you've got to see.

Property Info

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MLS®: R3014900

Listing Courtesy of Century 21 Coastal Realty Ltd.

Total Bedrooms 10

Total Bathrooms 8

Floor Space 7625 sq.ft.

Lot Size 20037 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $2,798,000

Unit Pricing $367/sq.ft.

Strata Fee $0.00

Tax Estimate $11,228/Year

Year Built 2005

Interior Features

Rooms

Main Living Room 14' * 20'

Main Dining Room 12' * 15'

Main Family Room 20' * 18'

Main Eating Area 13' * 14'

Main Kitchen 18' * 14'

Main Wok Kitchen 7' * 6'

Main Bedrooms 18' * 12'

Main Bedrooms 16'6 * 14'

Main Den 11' * 9'

Above Primary Bedroom 16' * 20'6

Above Walk-In Closet 10' * 12'

Above Bedrooms 12'6 * 10'

Above Bedrooms 13' * 10'

Above Bedrooms 12' * 12'

Above Bedrooms 11' * 12'

Bsmt Recreation Room 18' * 20'6

Bsmt Bedrooms 12' * 10'

Bsmt Media Room 20' * 19'

Bsmt Kitchen 8'10 * 15'

Bsmt Living Room 20' * 15'

Bsmt Bedrooms 11'6 * 11'

Bsmt Bedrooms 12' * 12'

More Details

Storey 2

Floor Space Finished 7625.00 sq.ft.

Roof XXXXXXXX

Zoning RH

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Additional Parking, Garage Triple, Front Access

Parking Cover 3

Parking Total 10

Fuel Heating Forced Air, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

MLS Area Major: Surrey
Street Name: 127
City: Surrey
State Or Province: BC
Postal Code: V3X 3V1
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 7
Bathrooms Half: 1

Interior Features

Fireplaces Total: 4
Flooring: Hardwood, Laminate, Tile, Wall/Wall/Mixed
Basement: Finished, Exterior Entry

Exterior Features

Exterior Features: Garden, Balcony, Private Yard
Roof: Concrete

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2005
Lot Size Square Feet: 20037
Building Area Total: 7625
Living Area: 7625

Lot Information

Lot Features: Central Location
Parcel Number: 026030152

Sold History

Selling

R3014900 House Jun 11, 2025 Listed $2,798,000

R2941143 House Jun 12, 2025 Removed $3,099,000

R2883904 House Nov 1, 2024 Removed $2,898,000

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OPEN HOUSES

2025-07-19 01:00 PM - 04:00 PM

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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