1 / 29

$599,000

55 9955 140 STREET

Surrey · MLS® R3166228

All units at 9955 140 St →

3 bed · 2 bath · 1,300 sq ft · 2 parking

Townhouse · Single Family · built 1981 · 23 days on market

Listed by Kuljit Tatlay, Nationwide Realty Corp.

Realtor's description

3-bedroom, 2-bath bright and well-maintained corner end unit in the sought-after Timberlane complex. This home features an open kitchen with maple cabinetry, tile and laminate flooring, and a spacious living area that opens to a private, fully fenced east-facing backyard-perfect for relaxing or entertaining. Upstairs offers three generously sized bedrooms, including a primary with walk-in closet and a full bath with deep soaker tub. Convenient main-floor powder room and in-suite laundry with extra storage. Includes two parking stalls. Pet-friendly complex with no rental restrictions. Prime location close to Surrey Central, SkyTrain, shopping, schools, and Surrey Memorial Hospital.

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,300 sq ft
Parking: 2
Year built: 1981
Property tax: $3,136 / yr
Strata fee: $444 / mo ($0.34 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 23
MLS®: R3166228

Features

Pets Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-8.5%)

2026 assessment: $653,800 · asking is -8.4%
Price per sq ft: $461 vs $504 median for townhouses in Surrey for sale (868)

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: 51 days; median for 881 townhouses for sale; this one 23 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$653,800	$2,241
2025	$691,100	$2,148

Estimated tax up 4.3% from 2025 to 2026.

The listing shows $3,136 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

$3,315/mo

Mortgage $2,610 · Tax $261 · Strata $444

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

estimated payment

$2,610/ monthly

loan $479,200

25-year amortization

down payment20% · $119,80020%+ 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: $303,736
property transfer tax: $9,980; BC general rate
cash to close: $129,780; down + PTT
total paid: $782,936

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: −$1,691/mo
Cap rate: 1.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,610 · tax $261 · strata $444 · 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: 10,186 m² (109,641 sq ft). 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 Lena Shaw Elementaryhomes in this catchment
700 m away · 14250 100a Ave, Surrey · 604-581-1363
Secondary Guildford Park Secondaryhomes in this catchment
2.0 km away · 10707 146 St, Surrey · 604-588-7601

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 for a 5 storey, 687 unit building
100 m away · 2025 · under review
Rezoning from RM-45 to CD (based on RM-135); Subdivision from one (1) lot to two (2) lots; General Development Permit for future non-market project consisting of two (2) high-rise towers mid-rise podium buildings and a cluster of low-rise townhomes with approximately 687 units total. OCP amendment designation change from Mid Rise 1 to High Rise 1 Detailed Development Permit for Phase one (1) to pe
Rezoning for a 33 storey, 343 unit building
250 m away · 2023 · under review
OCP Amendment to Figure 16: Downtown Densities from 3.5 FAR to 7.5 FAR; CCP Amendment from Mid to High Rise Residential to High Rise Residential ¿ Type II and to amend the road network on the subject site; Rezoning from RF to CD (based on RM-135); Development Permit to permit the development of a 33-storey high-rise residential tower consisting of approximately 343 dwelling units; Subdivision Cons
Rezoning for a 6 storey, 159 unit building
350 m away · 2025 · conditionally approved
Rezoning from Town Centre Commercial Zone (C-15) and Quarter Acre Residential Zone (R2) to Comprehensive Development Zone (CD) (based on based on the Multiple Residential 70 Zone (RM-70); Subdivision (Consolidation) from three (3) lots to one (1) lot and an environmental lot and provision of road dedication; Development Variance Permit (a) in Section B.1 Streamside Setback Areas of Part 7A Riparia
Rezoning for a 6 storey, 138 unit building
330 m away · 2023 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on RM-70); Consolidation from four (4) lots into one (1); Neighbourhood Concept Plan (NCP) Amendment from Low Rise Transition Residential to Low to Mid Rise Residential for a portion of subject site; Development Permit to permit the development of a six storey apartment building containing approximately 138 mar

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.

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