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$519,000

105 9635 121 STREET

Surrey · MLS® R3163547

All units at 9635 121 St →

2 bed · 1 bath · 995 sq ft · 1 parking

Condo · Single Family · built 1985 · 28 days on market

Listed by Nav Khela, eXp Realty of Canada Inc.

Realtor's description

Prime location! Perfect for First time buyers. This fully renovated 2 bedroom unit with over 995 sqft is ready to move in. Good size living and dining room, kitchen with brand new appliances. Big Master bedroom with walk-in closet with additional bedroom and full bath.! This unit has only 1 common wall for privacy. The laundry room has lots of space for extra storage. Pet friendly, rentals allowed. The complex is in a central location and just minutes to everything including shops, restaurants and transportation. Call for a viewing now! All measurements are approximate, Buyer to verify.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 995 sq ft
Parking: 1
Year built: 1985
Property tax: $2,161 / yr
Strata fee: $500 / mo ($0.50 / sq ft)
Strata rules: Pets Allowed, Rentals Allowed
Days on market: 28
MLS®: R3163547

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

Features

Pets Allowed
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Price check

Below typical for the area (-22%)

2026 assessment: $459,400 · asking is +13%
Price per sq ft: $522 vs $673 median for condos in Surrey for sale (986)

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 28 days · no price changes so far

The market here

Listed now: 60 days; median for 1053 condos for sale; this one 28 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$459,400	$1,575
2025	$499,300	$1,552

Estimated tax up 1.5% from 2025 to 2026.

The listing shows $2,161 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

$2,941/mo

Mortgage $2,261 · Tax $180 · Strata $500

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

estimated payment

$2,261/ monthly

loan $415,200

25-year amortization

down payment20% · $103,80020%+ 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: $263,170
property transfer tax: $8,380; BC general rate
cash to close: $112,180; down + PTT
total paid: $678,370

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: $1,872/mo
After all costs: −$1,254/mo
Cap rate: 2.3%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,261 · tax $180 · strata $500 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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: 5,319 m² (57,253 sq ft) · PID 000-794-929. 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 Cedar Hills Elementaryhomes in this catchment
600 m away · 12370 98 Ave, Surrey · 604-581-0407
Secondary L.A. Matheson Secondaryhomes in this catchment
400 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.

Development nearby

Rezoning for a 6 storey building
220 m away · 2021 · under review
OCP Amendment from Urban to Multiple Residential; OCP Text Amendment to allow a higher density in the Multiple Residential designation; Rezoning from CG-2 RF to CD (based on RM-70); Development Permit to permit the development of a 6-storey residential building including three live-work townhouse units fronting 120 Street.
Rezoning for a 4 storey building
190 m away · 2024 · conditionally approved
Rezoning from Self-Service Gasoline Station Zone (CG-1) to Town Centre Commercial Zone (C-15); Development Variance Permit to increase the building height of the C-15 Zone from 14 metres to 19 metres; Development Permit to permit the development of a 4-storey commercial building with ground-level commercial office uses and a childcare centre.

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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