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$1,699,000

10627 124A STREET

Surrey · MLS® R3170868

9 bed · 6 bath · 4,325 sq ft · 4,039 sq ft lot · 4 parking

House · Single Family · built 2022 · 5 days on market

Listed by Beerinder Sidhu, Planet Group Realty Inc.

Realtor's description

Luxury 3-level home offers 7-BED 6-BATH & mortgage helpers basement suite. Top Floor Features a stunning primary bedroom with a spacious walk-in closet and a luxurious ensuite, along with three additional generously sized bedrooms, WIC and two full bathrooms. Main Floor Designed for modern living, it includes a spice kitchen, separate living and dining areas, and a family room. Legal basement Suite Includes a two-bedroom with a full bathroom, plus an additional one-bedroom and rec room with separate entry, providing excellent rental income potential. Double garage with two extra parking spaces in the front driveway. Premium finishes, high ceiling.

Property details

Type: House, Single Family
Bedrooms: 9
Bathrooms: 6
Living area: 4,325 sq ft
Lot: 4,039 sq ft
Parking: 4
Year built: 2022
Property tax: $7,243 / yr
Days on market: 5
MLS®: R3170868

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-26%)

2026 assessment: $1,602,000 · asking is +6.1%
Price per sq ft: $393 vs $531 median for houses in Surrey for sale (1876)

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 5 days

The market here

Listed now: 63 days; median for 1876 houses for sale; this one 5 days

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

Monthly cost

$8,006/mo

Mortgage $7,402 · Tax $604

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

estimated payment

$7,402/ monthly

loan $1,359,200

25-year amortization

down payment20% · $339,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $861,514
property transfer tax: $31,980; BC general rate
cash to close: $371,780; down + PTT
total paid: $2,220,714

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

Suite rent: $1,602/mo
Your cost after the suite: $6,707/mo; vs $8,181 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,402 · tax $604 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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 Prince Charles Elementaryhomes in this catchment
1.2 km away · 12405 100 Ave, Surrey · 604-588-5481
Secondary L.A. Matheson Secondaryhomes in this catchment
2.3 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.

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