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$839,000

10 7056 192 Street

Surrey · MLS® R3123974

All units at 7056 192 St →

4 bed · 3 bath · 1,682 sq ft · 2 parking

Townhouse · Single Family · built 2019 · 150 days on market

Listed by Ike Sekhon, Royal LePage Global Force Realty

Realtor's description

Welcome to this nearly-new townhome with 4 bedrooms and 3 bathrooms, still under warranty. This home boasts a spacious living room, elegant dining area, and a beautifully designed kitchen with high-end Samsung stainless steel appliances, designer cabinets, Quartz countertops, a large island, and a bonus pantry. Additional features include a built-in surround sound system, security system, built-in vacuum, and a double stainless steel garage. The master bedroom offers a walk-in closet and an ensuite bathroom. Located within Maddaugh Elementary and Ecole Salish Secondary catchment areas, this home is a short drive to the Community Centre, shopping malls, grocery stores, golf courses, parks, and restaurants. Direct access to Highway 1.

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 1,682 sq ft
Parking: 2
Year built: 2019
Property tax: $3,428 / yr
Strata fee: $329 / mo ($0.20 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed With Restrictions
Days on market: 150
MLS®: R3123974

Features

Pets Allowed
Rentals Allowed With Restrictions
Washer
Refrigerator
Central Vacuum
Dishwasher

Price check

Typical for the area (-0.8%)

2026 assessment: $875,000 · asking is -4.1%
Price per sq ft: $499 vs $503 median for townhouses in Surrey for sale (885)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 150 days · no price changes so far

The market here

Listed now: 52 days; median for 899 townhouses for sale; this one 150 days

Townhouses in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$875,000	$2,999
2025	$927,000	$2,881

Estimated tax up 4.1% from 2025 to 2026.

The listing shows $3,428 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,270/mo

Mortgage $3,655 · Tax $286 · Strata $329

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$3,655/ monthly

loan $671,200

25-year amortization

down payment20% · $167,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 11, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $425,433
property transfer tax: $14,780; BC general rate
cash to close: $182,580; down + PTT
total paid: $1,096,633

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,956/mo
After all costs: −$2,645/mo
Cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,655 · tax $286 · strata $329 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom in Surrey (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

Location

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Maddaugh Elementaryhomes in this catchment
1.2 km away · 19405 76 Ave, Surrey · 604-283-0184
Secondary Salish Secondaryhomes in this catchment
1.6 km away · 7278 184 St, Surrey · 604-235-9836

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning for 33 homes
270 m away · 2022 · under review
To rezone from RA to CD (based on RM-30) in order to develop 33 townhouse units. NCP Amendment for increase of density and Lot consolidation.
Rezoning for 22 homes
80 m away · 2021 · under review
NCP Amendment from Half-Acre Residential to 15-25 UPA (Medium-High Density under the East Clayton NCP; Rezoning from RA to CD (based on RM-30); Development Permit for Form and Character to permit the development of approximately 22 townhouse units in Aloha Estates.
Rezoning for 18 homes
100 m away · 2017 · under review
Rezoning from RA to RM-30 Development Variance Permit to relax front yard setback from 7.5m to 4.5m rear setback from 7.5m to 3.2m side yard (East) from 7.5m to 4.5m and side yard (West) from 7.5m to 3.0m and a Development Permit to allow for 18 townhouse units
Rezoning
230 m away · 2021 · under review
Rezoning of 6938 192 Street from RA to R5 and subdivision from 2 to 3 lots. Development Variance Permit to vary minimum lot width requirement of Type I interior lots in the R5 Zone from 9.7m to 9.1m for Lot 1 and 9.2m for Lot 2.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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