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$705,000

85 9405 121 STREET

Surrey · MLS® R3164267

All units at 9405 121 St →

3 bed · 3 bath · 1,476 sq ft · 2 parking

Townhouse · Single Family · built 2009 · 24 days on market

Listed by Munish Thapar, eXp Realty of Canada Inc.

Realtor's description

This is a court ordered sale. Welcome to this spacious 3-bedroom, 2.5-bathroom townhouse in the highly convenient Queen Mary Park area of Surrey. Offering 1,476 sq. ft. of functional living space, this home is ideal for families, first-time buyers, or investors looking for excellent value. The main floor features a bright and open layout with laminate flooring, a comfortable living and dining area, family room, and a kitchen with stainless steel appliances. Step outside to a private backyard and patio backing onto green space, creating a peaceful setting with added privacy. Upstairs, the primary bedroom includes its own private balcony and ensuite bathroom, while the additional bedrooms offer great space for kids, guests, or a home office. Close to schools, shopping, banks, parks, transit, and every

Property details

Type: Townhouse, Single Family
Bedrooms: 3
Bathrooms: 3
Living area: 1,476 sq ft
Parking: 2
Year built: 2009
Property tax: $2,456 / yr
Strata fee: $237 / mo ($0.16 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 24
MLS®: R3164267

Features

Pets Allowed With Restrictions
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

Price check

Typical for the area (-5.1%)

2026 assessment: $765,000 · asking is -7.8%
Price per sq ft: $478 vs $503 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 24 days · no price changes so far

The market here

Listed now: 51 days; median for 882 townhouses for sale; this one 24 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$765,000	$2,622
2025	$810,000	$2,518

Estimated tax up 4.1% from 2025 to 2026.

The listing shows $2,456 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

$3,513/mo

Mortgage $3,072 · Tax $205 · Strata $237

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

estimated payment

$3,072/ monthly

loan $564,000

25-year amortization

down payment20% · $141,00020%+ 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: $357,485
property transfer tax: $12,100; BC general rate
cash to close: $153,100; down + PTT
total paid: $921,485

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: −$1,889/mo
Cap rate: 2.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,072 · tax $205 · strata $237 · 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: 14,933 m² (160,737 sq ft) · PID 028-716-922. 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 Kirkbride Elementaryhomes in this catchment
400 m away · 12150 92 Ave, Surrey · 604-588-5711
Secondary L.A. Matheson Secondaryhomes in this catchment
300 m 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 for a 5 storey building
260 m away · 2018 · under review
Rezoning from CD to RM-45; Official Community Plan Amendment from Commercial to Multiple Residential including text amendment to allow an FAR that exceeds 1.5 and Development Permit for a 5-storey mixed-use building.
Rezoning for a 4 storey building
360 m away · 2024 · conditionally approved
Rezoning from Self-Service Gasoline Station Zone (CG-1) to Town Centre Commercial Zone (C-15); Development Variance Permit to increase the building height of the C-15 Zone from 14 metres to 19 metres; Development Permit to permit the development of a 4-storey commercial building with ground-level commercial office uses and a childcare centre.

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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