$1,738,880

7929 124 STREET

Surrey BC V3W 3X7 - West Newton
3 bd
1 ba
1,138 sqft
Built 1966

About This Property

Investor Alert! "Preliminary Layout Approval received June 2025! 13000sf lot subdividable into 2 approximately 6500 sqft, R3 zoned lots. Under the zoning update in 2024, R3 zoning allows for a 3-story suited duplex, (4 legal units) on each lot! OR build 2 massive houses with suites, endless opportunities! Original house on the property is livable but could…

Features

No Outdoor Area
Open
Room measurements6 rooms
Living RoomMain · 11'7 × 20'0
Eating AreaMain · 9'3 × 12'0
BedroomMain · 11'0 × 11'8
BedroomMain · 10'0 × 10'3
BedroomMain · 9'0 × 10'0
UtilityMain · 9'5 × 1'5

Property Details

MLS NumberR3119485
Property TypeSingle Family Residence
Bedrooms3
Bathrooms1
Square Feet1,138
Lot Size12,988 sqft
Year Built1966
HeatingNatural Gas
Days on Market102
StatusActive
Listed ByRoyal LePage Brent Roberts Realty

School Catchment

Elementary Strawberry Hill
Secondary Princess Margaret

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$700,000Median home value
$85,000Median household income
57.3%Owner-occupied
6.7%Single-detached homes
3.3Avg household size
35.2Median age
33.1%Bachelor's degree or higher (25-64)
48%Commute under 30 min
76.2%Drive to work
54%Foreign-born residents
5,899Neighbourhood population

Age

Under 15: 16.6%15 to 64: 68.6%65 and over: 14.8%
  • Under 1516.6%
  • 15 to 6468.6%
  • 65 and over14.8%

Household size

  • 1 person19.8%
  • 220.6%
  • 318.1%
  • 416.9%
  • 5 or more24.6%

Language spoken at home

49.2% Punjabi mother tongue

  • English20.3%
  • English + other7.9%
  • Hindi5%
  • Urdu2.5%
  • Arabic1.6%
  • Spanish1.4%
  • All others12.1%

Mother tongue, share of 5,900 residents.

How this pocket differs

  • more people living alone than West Newton 19.7% vs 14.6%
  • more Hindi speakers than West Newton 5% vs 3.8%
  • Median dwelling value is notably lower than Metro Vancouver $700,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

Lot size7,848 sqft
Lot dimensions60 × 134 ft
Lot shapeRectangular
Gradeflat

Essentially flat lot (about 0.5 m of relief corner to corner).

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $8,512
Mortgage payment$7,870
Property tax$466
Home insurance$175
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 6

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