117 7161 121 Street

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$565,000

117 7161 121 Street

Surrey · MLS® R3155442

all units at 7161 121 St →

221

1,015 sq ft · Condo · Single Family · built 1992 · 73 days on market

listed by Yuvraj Palhan, YPA Your Property Agent

realtor's description

Great starting home for a first time buyer in high Demanding Area near by !!Scott Road and 72ave, Strawberry Hill center by walk. Near to Walmart and Banks. Scottsdale Bus Loop by walk. Laminate flooring and updated unit. Well cared and maintained, peaceful building! Ideal ground floor 2 bed 2 bath unit, with an outdoor patio for summer BBQ. Maintenance fee covers radiant heat , Gas fire-place and car wash area . Best priced unit in the complex. Make this your home sweet home. Offer Anytime.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 1,015 sq ft
parking: 1
year built: 1992
property tax: $2,326 / yr
strata fee: $509 / mo ($0.50 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 73
MLS®: R3155442

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

features

Pets Allowed With Restrictions

the market here

listed now: 69 days; median for 1016 condos for sale; this one 73 days

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

property tax by year

year	assessed	est. tax
2026	$507,700	$1,740
2025	$550,000	$1,710

Estimated tax up 1.8% from 2025 to 2026.

The listing shows $2,326 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

$3,165/mo

Mortgage $2,462 · Tax $194 · Strata $509

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

estimated payment

$2,462/ monthly

loan $452,000

25-year amortization

down payment20% · $113,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 26, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $286,495
property transfer tax: $9,300; BC general rate
cash to close: $122,300; down + PTT
total paid: $738,495

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.