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$3,795,000

1877 126 STREET

Surrey · MLS® R3166497

7 bed · 8 bath · 6,203 sq ft · 9,242 sq ft lot · 7 parking

House · Single Family · built 2016 · 23 days on market

Listed by Carolyn Glazier, Angell, Hasman & Associates Realty Ltd.

Realtor's description

A striking architectural presence welcomes you inside this exceptional custom-built Ocean Park residence. Offering 7 bedrooms, 8 bathrooms and over 6,200 sqft of thoughtfully curated living space with finishing for the most discerning buyer. The gourmet chef's kitchen is a showpiece with premium Sub-Zero/Wolf appliances. Spaces perfect for both everyday living and elegant entertaining. Features include radiant in-floor heating, A/C, Control4 smart-home automation, generator and an oversized 3-car garage. In addition a natural light flooded 1-bedroom legal suite provides ideal flexibility for guests, extended family or rental income. A rare west facing private lot & in one of South Surrey's most coveted neighbourhoods.

Property details

Type: House, Single Family
Bedrooms: 7
Bathrooms: 8
Living area: 6,203 sq ft
Lot: 9,242 sq ft
Parking: 7
Year built: 2016
Property tax: $11,735 / yr
Days on market: 23
MLS®: R3166497

Features

Washer
Refrigerator
Hot Tub
Central Vacuum
Dishwasher
Wine Fridge

Price check

Above typical for the area (+15%)

2026 assessment: $2,837,000 · asking is +34%
Price per sq ft: $612 vs $532 median for houses in Surrey for sale (1850)

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 23 days · no price changes so far

The market here

Listed now: 64 days; median for 1906 houses for sale; this one 23 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$2,837,000	$9,723

The listing shows $11,735 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

$17,512/mo

Mortgage $16,534 · Tax $978

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

estimated payment

$16,534/ monthly

loan $3,036,000

25-year amortization

down payment20% · $759,00020%+ 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: $1,924,335
property transfer tax: $107,750; BC general rate
cash to close: $866,750; down + PTT
total paid: $4,960,335

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: $16,213/mo; vs $17,687 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $16,534 · tax $978 · 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

Lot outline: 857 m² (9,225 sq ft) · PID 004-683-790. 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 Ocean Cliff Elementaryhomes in this catchment
300 m away · 12550 20 Ave, Surrey · 604-538-1770
Secondary Elgin Park Secondaryhomes in this catchment
2.0 km away · 13484 24 Ave, Surrey · 604-538-6678

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
310 m away · 2023 · concluded
Rezoning from Urban Residential Zone (R3) to Oceanfront Residential Zone (R2-O); Development Variance Permit to reduce the minimum rear yard setback of the Ocean Residential Zone (R2-O) from 10 metres to 2.1 metres for an accessory building and structure more than 10 square metres in area; Development Permit to permit the development of a new dwelling and a pool within Hazard Lands (Steep Slope).
Rezoning
340 m away · 2026 · under review
Rezoning from R3 to R4 to facilitate a subdivision from 1 into 2 lots.

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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