1 / 40

$1,398,600

10223 124 Street

Surrey · MLS® R3122043

5 bed · 4 bath · 2,318 sq ft · 8,775 sq ft lot · 4 parking

House · Single Family · built 1956 · 150 days on market

Listed by Joe Pal, Sutton Group-West Coast Realty

Realtor's description

PRIVACY PROTECTED. P8775 sq. ft. corner lot. Prime develop. area. Loc. in well liked Cedar Hills established comm. yet growing. Family oriented. Great for First Time Buyers or Builders. Check with the City about new laws up to 4 units. Home is extensively renovated. You'll love the back yard, privacy, forest setting & trails. Well-kept garden! 2 Kits, 4 BATH, 5 BED, Real Oak & Tile floor, hot water heat, vinyl windows & siding, new metal roof, 10'X51' Sundeck, 10'X61'Patio, Garage & Carport. Road to back yard for parking. Extra rental for mortg. helper, easier fin. Fast access to Skytrain, Prince Charles & Khalsa Sch., Parks, Bus service, City Mall, SFU & Kwantlen. Amazing Holland Park. Pls don't walk on prop w/o appt. Call your Realtor. Owner wants sold. BRING YOUR BEST OFFER!

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 2,318 sq ft
Lot: 8,775 sq ft
Parking: 4
Year built: 1956
Property tax: $4,866 / yr
Days on market: 150
MLS®: R3122043

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Above typical for the area (+14%)

2026 assessment: $1,237,000 · asking is +13%
Price per sq ft: $603 vs $531 median for houses in Surrey for sale (1885)

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: 64 days; median for 1944 houses for sale; this one 150 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,237,000	$4,240

The listing shows $4,866 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

$6,499/mo

Mortgage $6,094 · Tax $405

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

estimated payment

$6,094/ monthly

loan $1,118,880

25-year amortization

down payment20% · $279,72020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 10, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $709,190
property transfer tax: $25,972; BC general rate
cash to close: $305,692; down + PTT
total paid: $1,828,070

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.

Location

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Prince Charles Elementaryhomes in this catchment
400 m away · 12405 100 Ave, Surrey · 604-588-5481
Secondary L.A. Matheson Secondaryhomes in this catchment
1.5 km away · 9484 122 St, Surrey · 604-588-3418

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 a 5 storey building
350 m away · 2022 · under review
To rezone to IL in order to develop 2 warehouse buildings and a 5 storey self storage building.

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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.