Home > All listings > 7387 123 Street

$1,299,999

7387 123 Street

West Newton, Surrey, BC, V3W 5S3

5 | 4 | 4 | 1,921 sq.ft. | Year Built: 1987 |

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Property Info

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MLS®: R3112162

Listing Courtesy of RE/MAX City Realty

Total Bedrooms 5

Total Bathrooms 4

Floor Space 1921 sq.ft.

Lot Size 7071 sq.ft.

Title Freehold NonStrata

Style 1 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,299,999

Unit Pricing $677/sq.ft.

Strata Fee $0.00

Tax Estimate $6,915/Year

Year Built 1987

Interior Features

Rooms

Main Primary Bedroom 10'8 * 13'4

Main Bedrooms 9'11 * 9'11

Main Bedrooms 8'2 * 11'7

Main Kitchen 10'4 * 12'4

Main Living Room 14'6 * 10'11

Bsmt Bedrooms 9'5 * 10'7

Bsmt Kitchen 9'11 * 10'7

Bsmt Living Room 11'11 * 18'11

Bsmt Bedrooms 11'6 * 10'1

Bsmt Kitchen 9'7 * 5'6

Bsmt Living Room 9'7 * 5'6

More Details

Storey 1

Floor Space Finished 1921.00 sq.ft.

Roof XXXXXXXXXXXXXX

Zoning RF

Floor Finish XXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Open

Parking Total 4

Fuel Heating Baseboard, Forced Air

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Basement Entry
MLS Area Major: Surrey
Street Name: 123
City: Surrey
State Or Province: BC
Postal Code: V3W 5S3
Year Built Effective: 2024
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 4

Interior Features

Flooring: Laminate, Mixed, Tile
Basement: Full
Interior Features: Storage

Exterior Features

Exterior Features: Garden, Balcony
Roof: Other, Concrete

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1987
Year Built Effective: 2024
Lot Size Square Feet: 7071
Building Area Total: 1921
Living Area: 1921

Lot Information

Parcel Number: 004278011

Sold History

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OPEN HOUSES

2026-04-19 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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