1 / 40

$1,799,000

5636 120 STREET

Surrey · MLS® R3164391

6 bed · 5 bath · 3,975 sq ft · 19,200 sq ft lot · 8 parking

House · Single Family · built 1960 · 24 days on market

Listed by Harpreet Bedi, YPA Your Property Agent

Realtor's description

This stunning residence is beautifully situated on a rare, expansive lot, offering an unparalleled blend of elegant approx 4000 sq ft indoor living and massive19200 sqft lot home has been well maintained by the owners .The main floor features large living/dinning area with hardwood floors,gas fireplace,large kitchen and 4 bedrooms 3 bathrooms .The Master Room has full en-suite and access to glassed solarium usable year around. The lower floor features a huge wet bar and good size family area with fireplace for family entertainment . This house also comes with 2 bed 2 bath suite as a good mortgage helper . Might be a Potential of subdivision check with city of surrey regarding new zoning laws.****OPEN HOUSE OCTOBER 4TH 2:00 PM TO 4:00 PM****

Property details

Type: House, Single Family
Bedrooms: 6
Bathrooms: 5
Living area: 3,975 sq ft
Lot: 19,200 sq ft
Parking: 8
Year built: 1960
Property tax: $7,427 / yr
Days on market: 24
MLS®: R3164391

Features

Washer
Refrigerator
Central Vacuum
Dishwasher
Stove
Dryer

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-15%)

2026 assessment: $1,906,000 · asking is -5.6%
Price per sq ft: $453 vs $532 median for houses in Surrey for sale (1857)

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 24 days · no price changes so far

The market here

Listed now: 64 days; median for 1911 houses for sale; this one 24 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,906,000	$6,532

The listing shows $7,427 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

$8,457/mo

Mortgage $7,838 · Tax $619

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

estimated payment

$7,838/ monthly

loan $1,439,200

25-year amortization

down payment20% · $359,80020%+ 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: $912,221
property transfer tax: $33,980; BC general rate
cash to close: $393,780; down + PTT
total paid: $2,351,421

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: $7,158/mo; vs $8,632 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $7,838 · tax $619 · 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: 5,051 m² (54,368 sq ft) · PID 004-381-548. 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 Colebrook Elementaryhomes in this catchment
1.2 km away · 5404 125a St, Surrey · 604-596-3221
Secondary Panorama Ridge Secondaryhomes in this catchment
3.1 km away · 13220 64 Ave, Surrey · 604-595-8890

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. Sign in (email only) and they follow you to every device.