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18 8257 121A Street
homes for sale · Surrey
18 8257 121A Street — photo 1 of 40
1 / 40
$799,000

18 8257 121A Street

Surrey · MLS® R3179334

332

1,505 sq ft · Townhouse · Single Family · built 1991 · listed today

listed by Jessy Rai, SRS Panorama Realty

realtor's description

Bright & inviting 3BR 3BTH Queen Mary Park end unit. Contemporary laminate flooring illuminated by oversized windows welcome you into this 1,600 SQFT residence that feels like a detached. The expansive living room invites relaxation beneath airy, vaulted ceilings overlooking a sprawling fenced backyard w/ generous wooden deck. Your inner chef will adore the clean, white kitchen boasting sleek, stainless steel appliances & crisp, quartz counters surrounded by ample cabinetry. Laundry is conveniently found alongside tranquil bedrooms: one w/ bonus storage & a primary bed offering his & hers' closets & a skylight-lit ensuite. Your pet-friendly Lakewood Grove home w/ side x side garage is near major routes, steps to Kennedy Trail Elem & numerous restaurants, shops & grocery along Scott Road.

property details

similar homes nearby

all units at 8257 121a St →
type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,505 sq ft
parking
2
year built
1991
property tax
$3,578 / yr
strata fee
$450 / mo ($0.30 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
0
MLS®
R3179334

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

features

  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$4,229/mo
Mortgage $3,481 · Tax $298 · Strata $450

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

estimated payment
$3,481/ monthly
loan $639,200
25-year amortization
total interest
$405,150
property transfer tax
$13,980
BC general rate
cash to close
$173,780
down + PTT
total paid
$1,044,350
transfer tax

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.

if you rented it out

rent
$2,310/mo
after all costs
−$2,279/mo
cap rate
1.8%
yearly net rent ÷ price

Costs: mortgage $3,481 · tax $298 · strata $450 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Surrey: CMHC's average there ($1,956) raised by what new tenants pay against everyone in the Vancouver area, then down 3.5% with Vancouver's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) 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

schools

Catchment schools, Surrey School District 36

  • Elementary Kennedy Trail Elementaryhomes in this catchment

    300 m away · 8305 122a St, Surrey · 604-590-1198

  • Secondary L.A. Matheson Secondaryhomes in this catchment

    2.5 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.

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

listed by
Jessy Rai
SRS Panorama Realty
call Jessy · 604-445-5096
Powered by: REALTOR.ca

location

SurreyGoogle Maps ↗

development nearby

  • Rezoning for a 6 storey, 53 unit building

    150 m away · 2025 · under review

    Rezoning from C-8 to CD (Based on RM-70 C-5); OCP Text Amendment from 1.5 FAR to 2.47 FAR; Subdivision Consolidation from 2 lots to 1 lot; Form Character Development Permit to permit one six storey apartment building with 53 residential units and 1 823.29 sq. m of commercial space.

  • Rezoning

    380 m away · 2024 · conditionally approved

    Rezoning from Acreage Residential Zone (RA) to Comprehensive Development Zone (CD) (based on (Neighbourhood Commercial Zone); Development Variance Permit (a) in Section D Table D.1 of Part 5 Off-Street Parking and Loading/Unloading reduce the minimum number of required parking spaces from 12 to 9; and b) in Section D.2 of Part 5 Off-Street Parking and Loading/Unloading the maximum percentage of sh

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.

the market here

listed now
50 days
median for 889 townhouses for sale; this one listed today

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

15643 98 Avenue, Surrey
House
$989,000
13% less per sq ft
15643 98 Avenue
Surreylisted today
listed by Homelife Advantage Realty Ltd.
4242,154 sq ft
MLS® R3178891
8 9718 161A Street, Surrey
Townhouse
$699,000
8 9718 161A Street
Surreylisted today
listed by Real Broker B.C. Ltd.
23
513 11035 Ravine Road, Surrey
Condo
$654,900
513 11035 Ravine Road
Surreylisted today
listed by Century 21 Coastal Realty Ltd.
22
4 2738 158 Street, Surrey
Townhouse
$799,000
22% less per sq ft
4 2738 158 Street
Surreylisted today
listed by RE/MAX Crest Realty
44
36 16760 25 Avenue, Surrey
Townhouse
$929,900
36 16760 25 Avenue
Surrey11 days on market
listed by Engel & Volkers Vancouver (Branch)
44
221 15745 Croydon Drive, Surrey
Condo
$599,000
221 15745 Croydon Drive
Surrey5 days on market
listed by RE/MAX Colonial Pacific Realty
22
2
1,239 sq ft
MLS® R3178872
740 sq ft
MLS® R3178975
2
2,040 sq ft
MLS® R3179363
2
1,758 sq ft
MLS® R3176282
1
941 sq ft
MLS® R3177534

location

the building's lot: 690 m² (7,427 sq ft) · PID 000-541-541. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗
Drive times
  • Kennedy Trail Elementary3 min
  • North Delta Secondary4 min
  • Delta Community College4 min
  • Surrey Memorial Hospital10 min
  • YVR airport31 min
  • Downtown Vancouver40 min
99

Walkability 99/100 · Very walkable: most errands on foot

Within a 10 minute walk: 3 grocery stores, 16 places to eat or drink, 3 cafes, 7 parks and playgrounds, 1 school, 3 pharmacies, 11 transit stops.

mihom score from OpenStreetMap places, by straight line distance.