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$778,800

97 7955 122 STREET

Surrey · MLS® R3142112

4 bed · 3 bath · 2,195 sq ft · 2 parking

Townhouse · Single Family · built 1991 · 97 days on market

Listed by Sharon Lenning, Macdonald Realty

Spacious home is ready for new owners to enjoy! Great location in Complex with room for everyone! Bring the pets - the whole family is welcome here! The lower floor has a huge bedroom-with 3 other bedrooms above the main floor. Spacious living area offers multi-cupboarded kitchen with large central work and seating Island and multi-cupboards. Great open plan leading to spacious dining and living room areas. This is a welcoming home that will suit the whole family and the pets. Shopping, amenities, & transportation are within walking distance. Your new home awaits - call today to view before it is gone!

Type: Townhouse, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 2,195 sq ft
Parking: 2
Year built: 1991
Property tax: $3,647 / yr
Strata fee: $520 / mo ($0.24 / sq ft)
Strata rules: Pets Allowed
Days on market: 97
MLS®: R3142112

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

Below typical for the area (-30%)

Price per sq ft: $355 vs $504 median for townhouses in Surrey for sale (893)

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.

Pets Allowed
Washer
Refrigerator
Dishwasher
Stove
Dryer

On market 97 days

Listed now: 51 days; median for 893 townhouses for sale; this one 97 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Surrey School District 36

Elementary Westerman Elementaryhomes in this catchment
700 m away · 7626 122 St, Surrey · 604-572-4054
Secondary Princess Margaret Secondaryhomes in this catchment
2.1 km 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.

$4,217/mo

Mortgage $3,393 · Tax $304 · Strata $520

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

estimated payment

$3,393/ monthly

loan $623,040

25-year amortization

down payment20% · $155,76020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $394,907
property transfer tax: $13,576; BC general rate
cash to close: $169,336; down + PTT
total paid: $1,017,947

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.

Rent: $1,956/mo
After all costs: −$2,593/mo
Cap rate: 1.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $3,393 · tax $304 · strata $520 · 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

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