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411 8142 120A Street
homes for sale · Surrey
411 8142 120A Street — photo 1 of 16
1 / 16
$589,000

411 8142 120A Street

Surrey · MLS® R3154715

all units at 8142 120a St →

221

1,256 sq ft · Condo · Single Family · built 1993 · 80 days on market

listed by Jiwan Brar, Nationwide Realty Corp.

realtor's description

Rare Find - Top Floor 2 Bed, 2 Bath Condo! Spacious 1,256 sq. ft. top-floor condo with a practical and livable layout. Features a large living room, separate dining area, functional kitchen, generous bedrooms, and a primary bedroom with ensuite and walk-in closet. Full-size laundry room with Extra Storage. Great location, walking distance to Kennedy Trail Elementary, Fruiticana, Real Canadian Superstore, and other amenities. Close to Scott Road, 120 Street, and Rapid Bus, providing excellent connectivity throughout Greater Vancouver. A rare, spacious condo in a convenient location! Open House Sunday, Oct 18, 2026, 1pm -3pm

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,256 sq ft
parking
1
year built
1993
property tax
$2,664 / yr
strata fee
$550 / mo ($0.44 / sq ft)
strata rules
Pets Allowed With Restrictions, Rentals Allowed With Restrictions
days on market
80
MLS®
R3154715

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

features

  • Pets Allowed With Restrictions
  • Rentals Allowed With Restrictions

floor plans

found among the listing photos.

listed by
Jiwan Brar
Nationwide Realty Corp.
604-374-1703call Jiwan
Powered by: REALTOR.ca
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similar homes nearby

call Jiwan

monthly cost

$3,364/mo
Mortgage $2,592 · Tax $222 · Strata $550

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$2,592/ monthly
loan $471,200
25-year amortization
total interest
$306,481
property transfer tax
$9,780
BC general rate
cash to close
$127,580
down + PTT
total paid
$777,681
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
$2,120/mo
after all costs
−$1,449/mo
cap rate
2.3%
yearly net rent ÷ price

Costs: mortgage $2,592 · tax $222 · strata $550 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Surrey: CMHC's average there ($1,872) raised by what new tenants pay against everyone in the Vancouver area, then down 0.8% 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

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

  • Secondary L.A. Matheson Secondaryhomes in this catchment

    2.7 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.

location

SurreyGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$603,000$2,067
2025$651,000$2,023

Estimated tax up 2.2% from 2025 to 2026.

The listing shows $2,664 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.

development nearby

  • Rezoning for a 6 storey, 53 unit building

    200 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

    260 m away · 2025 · concluded

    Rezoning amendment to Comprehensive Development Zone (CD) Bylaw no. 16429 to permit the use of an eating establishment within an existing commercial service building

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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open house
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Surreylisted today
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the market here

listed now
67 days
median for 1011 condos for sale; this one 80 days

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

location

the building's lot: 3,766 m² (40,537 sq ft) · PID 018-414-320. 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, 6 parks and playgrounds, 1 school, 3 pharmacies, 12 transit stops.

mihom score from OpenStreetMap places, by straight line distance.