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$899,999

38 12585 104A AVENUE

Surrey · MLS® R3135534

All units at 12585 104a Ave →

4 bed · 4 bath · 1,925 sq ft · 2 parking

Townhouse · Single Family · built 2023 · 102 days on market

Listed by Deepinder Singh, RE/MAX Performance Realty

Realtor's description

Yale Garden, One of the biggest, Value for Money and beautiful 3-level, 4 bedrooms, 4 bathrooms corner unit townhouse app 2450 Sq ft (Including balcony and double garage). Modern open concept layout with exquisite high-end finishes. Experience the luxury of stainless steel appliances, gas ranges, quartz countertops, custom millwork, & soft close cabinets. Separate entry suite offers flexibility & potential rental income. Custom millwork & built-in-bar cabinet with the comfort of energy-efficient heating & air conditioning. Centrally located near parks, schools, Scott Rd, Surrey Central Station, SFU Surrey, proposed UBC Campus, & Guilford mall. Take advantage of the courtyard, playground, & gym. Don't miss the exclusive opportunity to own this beautiful townhouse.

Property details

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 4
Living area: 1,925 sq ft
Parking: 2
Year built: 2023
Property tax: $3,910 / yr
Strata rules: Pets Allowed With Restrictions
Days on market: 102
MLS®: R3135534

Features

Pets Allowed With Restrictions

Price check

Below typical for the area (-7.4%)

2026 assessment: $960,000 · asking is -6.3%
Price per sq ft: $468 vs $505 median for townhouses in Surrey for sale (867)
Last sold: $1,311,450 · Nov 23, 2023

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 102 days · no price changes so far

The market here

Listed now: 51 days; median for 878 townhouses for sale; this one 102 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$960,000	$3,290

The listing shows $3,910 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

$4,247/mo

Mortgage $3,921 · Tax $326

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

estimated payment

$3,921/ monthly

loan $719,999

25-year amortization

down payment20% · $180,00020%+ 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: $456,364
property transfer tax: $16,000; BC general rate
cash to close: $196,000; down + PTT
total paid: $1,176,363

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: $1,956/mo
After all costs: −$2,623/mo
Cap rate: 1.7%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,921 · tax $326 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ 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: 11,592 m² (124,775 sq ft) · PID 032-066-741. 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 Prince Charles Elementaryhomes in this catchment
1000 m away · 12405 100 Ave, Surrey · 604-588-5481
Secondary L.A. Matheson Secondaryhomes in this catchment
2.1 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.

Development nearby

Rezoning
200 m away · 2023 · conditionally approved
Rezoning a portion of the site from Urban Residential Zone (R3) to Small Lot Residential Zone (R4); Development Variance Permit (a) to reduce the minimum rear yard setback from 7.5 metres to 6.5 metres to the principal building face of proposed Lot 2; and (b) to reduce the minimum street side yard (south) setback from 3.6 metres to 1.8 metres to the principal building face of proposed Lot 2; Devel
Rezoning
310 m away · 2018 · under review
Partial Rezoning from RF to RF10 and RF13 to permit Subdivision from 4 to 15 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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