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$805,000

105 12233 92 AVENUE

Surrey · MLS® R3140618

3 bed · 3 bath · 1,790 sq ft · 2 parking

Townhouse · Single Family · built 1988 · 86 days on market

Listed by Vishey Singh, Team 3000 Realty Ltd.

Realtor's description

NOT TO MISS THIS ONE **** LOCATION****LOCATION****LOCATION****Welcome to Orchard Lake! A gated complex, superb great location, minutes to grocery stores, shopping centers, restaurants and much more. Easily accessible to Hwy 91, Skytrain station and steps to Bus stop. Shortest Walking distance to Kirkbride Elementary and L A Matheson Secondary schools and park.******SIT AND ENJOY NATURE AT YOUR OWN LAKE ******IN-BUILT VACUUM******BONUS SAUNA******COVERED PATIO FOR THOSE SUMMER BBQ's*******BONUS BALCONY AT FRONT ******MASSIVE 1790SQFT AREA *****FEELS LIKE A SINGLE FAMILY DETACHED HOME****** FOR THE PRICE OF A TOWNHOUSE******BOOK YOUR SHOWING NOW******WHY WAIT******OPEN HOUSE COMING SOON

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,790 sq ft
Parking: 2
Year built: 1988
Property tax: $3,329 / yr
Strata fee: $518 / mo ($0.29 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 86
MLS®: R3140618

Buying in a building from 1982 to 2000: what to read first

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Below typical for the area (-11%)

2026 assessment: $844,600 · asking is -4.7%
Price per sq ft: $450 vs $503 median for townhouses in Surrey for sale (867)

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 86 days · no price changes so far

The market here

Listed now: 51 days; median for 881 townhouses for sale; this one 86 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$844,600	$2,895

The listing shows $3,329 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

$4,303/mo

Mortgage $3,507 · Tax $277 · Strata $518

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

estimated payment

$3,507/ monthly

loan $644,000

25-year amortization

down payment20% · $161,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $408,192
property transfer tax: $14,100; BC general rate
cash to close: $175,100; down + PTT
total paid: $1,052,192

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: −$2,678/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,507 · tax $277 · strata $518 · 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

The building's lot: 19,504 m² (209,939 sq ft) · PID 008-314-969. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Kirkbride Elementaryhomes in this catchment
200 m away · 12150 92 Ave, Surrey · 604-588-5711
Secondary L.A. Matheson Secondaryhomes in this catchment
500 m 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.

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