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$1,550,000

6842 131 STREET

Surrey · MLS® R3158936

9 bed · 6 bath · 3,892 sq ft · 6,171 sq ft lot · 8 parking

House · Single Family · built 2006 · 42 days on market

Listed by Simran Dhillon, YPA Your Property Agent

Realtor's description

Welcome to spacious family home in the desirable West Newton area, situated on a quiet dead-end street. Set on a 6,200 sq.ft. lot, this approx. 4,300 sq.ft. home offers a double garage, long driveway with parking for up to 7 vehicles, and excellent functionality. The upper level features 4 bedrooms and 3 full bathrooms. Main floor boasts hardwood flooring, fireplace, granite entry, living/dining areas, main kitchen plus spice kitchen with granite countertops and stainless-steel appliances. Den and additional room offer suite potential. Primary bedroom includes fireplace, jacuzzi tub, separate shower and double sinks. Fully walk-out basement features two suites (2+1 bedrooms). Close to École Gabrielle-Roy and all levels of schools, shopping, transit and amenities. Call to book your viewing.

Property details

Type: House, Single Family
Bedrooms: 9
Bathrooms: 6
Living area: 3,892 sq ft
Lot: 6,171 sq ft
Parking: 8
Year built: 2006
Property tax: $8,692 / yr
Days on market: 42
MLS®: R3158936

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Garage door opener

Floor plans

Found among the listing photos.

Price check

Below typical for the area (-25%)

2026 assessment: $1,743,000 · asking is -11%
Price per sq ft: $398 vs $532 median for houses in Surrey for sale (1857)
Last sold: $2,000,000 · Mar 7, 2025

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 42 days · no price changes so far

The market here

Listed now: 64 days; median for 1911 houses for sale; this one 42 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$1,743,000	$5,974

The listing shows $8,692 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

$7,478/mo

Mortgage $6,753 · Tax $724

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

estimated payment

$6,753/ monthly

loan $1,240,000

25-year amortization

down payment20% · $310,00020%+ 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: $785,960
property transfer tax: $29,000; BC general rate
cash to close: $339,000; down + PTT
total paid: $2,025,960

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: $6,179/mo; vs $7,653 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $6,753 · tax $724 · 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: 573 m² (6,168 sq ft) · PID 026-266-776. 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 W.E. Kinvig Elementaryhomes in this catchment
500 m away · 13266 70b Ave, Surrey · 604-594-1135
Secondary Princess Margaret Secondaryhomes in this catchment
900 m away · 12870 72 Ave, Surrey · 604-594-5458

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
370 m away · 2024 · conditionally approved
Rezoning from Urban Residential Zone (R3) to Comprehensive Development Zone (CD) (based on Child Care Zone (CCR) to permit a child care centre limited to 16 children as an accessory use within the existing single-family dwelling

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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