Home Surrey, BC Panorama Ridge Lakebridge 1 5811 122 Street

1 5811 122 St, Surrey BC V3X 3N8 – Townhouse for Sale – MLS® R3182021

1 5811 122 Street, Surrey, British Columbia V3X 3N8

Surrey Townhouses for Sale

3 days on the market

$1,030,000

Est. monthly cost $5,114/mo

Updated with MLS® - Nov 12, 2026 at 06:45pm

Lakebridge

4 Beds

4 Baths

3276 sqft

314 $ /sqft

578.78 $ Maint. fee

1998 built

NEW OPEN HOUSE

Photos

Not your average townhouse! This impressive duplex-style home in sought-after Lakebridge offers over 3,200 sq. ft. of living space with the feel of a detached home! Featuring 4 bedrooms, 4 bathrooms, beautiful hardwood flooring, crown mouldings and 2 gas fireplaces. The expansive primary retreat boasts a spa-inspired ensuite, large walk-in closet and private balcony. Downstairs, entertain in style with a built-in bar (with a dishwasher) and pool table! Step outside to your incredible (and super rare for a townhouse) HUGE pet/child-friendly backyard. Complete with a new cedar deck and plenty of room to play, relax or entertain. Bright, spacious and attached on just one side, with shopping, schools and highway access minutes away. This is townhouse living on a whole different level!

Open houses

14 Nov, 2026 (01:00 PM to 03:00 PM)

Building 27 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$1,030,000
Total Bedrooms	4
Total Bathrooms	4
Full Bathrooms	3
Half Bathrooms	1
Floor Area Total (sqft)	3276
Year Built	1998
Age Of Building	28
Building Type	Townhouse
Unit Style	End unit
Property Type	Residential
Stories	2
Building Amenities	Clubhouse, Trash, Maintenance Grounds, Management, Snow Removal
Building Name	Lakebridge
Ownership Type	Freehold Strata
Maintenance Fee	$578.78
Community Features	Shopping Nearby
Amenities Nearby	Clubhouse, Trash, Maintenance Grounds, Management, Snow Removal
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Garage Double, Guest, Garage Door Opener
Total Parking Spaces	4
Strata Restrictions	Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions	100
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	1068
Basement Features	Full, Finished
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Central Vacuum
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Flooring	Hardwood, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
Roof	Asphalt
Structures	Residential Attached

Lot & Land

MLS^® #	R3182021
Area	Surrey
Neighbourhood	Panorama Ridge
City	Surrey
Postal Code	V3X 3N8
Gross Taxes	$4,606.57
Zoning	RM15

Property Timeline

Status	Date	Price
R3182021 / Active	11-09-2026	$1,030,000

Rooms

Floor	Type	Dimensions
Above Level	Primary Bedroom	14'2 x 14'2 ft
Above Level	Walk-In Closet	8'10 x 8'10 ft
Above Level	Laundry	9'9 x 9'9 ft
Above Level	Bedroom	11'7 x 11'7 ft
Above Level	Bedroom	14'1 x 14'1 ft
Main Level	Kitchen	12'3 x 12'3 ft
Main Level	Eating Area	12'3 x 12'3 ft
Main Level	Family Room	12' x 12' ft
Main Level	Dining Room	13'2 x 13'2 ft
Main Level	Living Room	11'8 x 11'8 ft
Main Level	Foyer	3'10 x 3'10 ft
Basement Level	Bedroom	14'3 x 14'3 ft
Basement Level	Recreation Room	17'5 x 17'5 ft
Basement Level	Storage	8'11 x 8'11 ft

Bathrooms

Floor	Ensuite	Pieces
Above Level	Yes	#5
Above Level	No	#4
Main Level	No	#2
Basement	No	#4

Listed by: Homelife Benchmark Realty Corp.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

About the building: Lakebridge

5811 122 Street, Panorama Ridge, Surrey

Lakebridge building details

Building

Built: 1998
Homes: 93
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: LMS3144
Managed by: Wynford Strata Management
Parking: Visitor Parking, Garage: Double
Lockers: Limited
Strata fee covers: Recreation FacilityManagementGardening

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at Lakebridge

For sale: 2
Median ask: $1.09M
Median $/sqft: $337
Days on market: 14
Sold, past year: 3

This home

$314/sqft, 6.8% below the building median of $337.

Homes for sale at Lakebridge, Surrey Recent sold listings in Lakebridge, Surrey

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 8.70 km · Tamanawis Secondary School 5.6/10 · 1.97 km · crime average · sell-speed score 52/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

Bus stop eastbound new mclellan rd @ 124 st · 897 m · Transit

Public Schools

Secondary
Tamanawis Secondary School: Average 1.97 km 5.6/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Al-Mustafa School: 1.27 km
Elementary,Secondary
Regent Christian Online Academy: Above Average 6.37 km 8.2/10

Closest Transit

Bus Stop
Northbound Scott Rd @ Hwy 10: 0.12 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029): 8.70 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Below Average 21.6%
No Certificate/Degree: Average 13.4%
Owner Occupied: Below Average 42.7%
Employment Rate: Below Average 52.1%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

52 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,096,667

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 8.70 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How PANORAMA RIDGE compares

This property

3 DOM

Listed

1 5811 122 Street has a sell-speed score of 52/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.1% below comparable active properties in Panorama Ridge, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3X 3N8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 3N8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~5.6 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

16 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Pinewood Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 909 m
J T Brown Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 977 m
Boundary Park Elementary	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.10 KM
Al-Mustafa School	Independent	Grades Served —	Catchment Info —	N/A	Distance 1.27 KM
Colebrook Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.36 KM
Beaver Creek Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 1.53 KM
Panorama Park Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 1.80 KM
Tamanawis Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.6 / 10	Distance 1.97 KM
Martha Jane Norris Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.39 KM
Sunshine Hills Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.39 KM
Cougar Canyon Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.49 KM
Seaquam Secondary	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.49 KM
Cougar Creek Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.50 KM
St. Bernadette	Independent	Grades Served K-7	Catchment Info —	8.6 / 10	Distance 2.65 KM
St Bernadette	Independent	Grades Served —	Catchment Info —	8.6 / 10	Distance 2.66 KM
North Ridge Elementary School	Public	Grades Served K-7	Catchment Info —	3.4 / 10	Distance 2.96 KM

Walkability & Transit Near 1 5811 122 Street

Car-Dependent 30

Walk Score - Car-Dependent

Most errands require a car

Some Transit 41

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 40

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 1 5811 122 Street

2026 assessed value, sourced from City of Surrey open data (PID 024-077-925).

Total Assessed Value (2026)

$1,083,000

2026 Value Trend

Land

$793,000

Buildings

$290,000

Year Built

N/A

Class

N/A

Zoning

RM15

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$793,000	$290,000	$1,083,000	—

Costs & calculators

Monthly cost about $5,114/month · rent estimate $3,182/month · owning catches up with renting by year 24 · cash flow if rented −$2,135/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 1 5811 122 Street

$5,114 /month

Principal & Interest $4,151

Property Taxes $384

Maintenance fee $579

The estimated monthly cost of 1 5811 122 Street, Surrey is $5,114: $4,151 principal and interest with 20% down over 30 years at 4.45%, plus $384 property tax and $579 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$2,135 /month

Mortgage Payment $4,151

Monthly Cash Flow −$2,135

Break Even Down Payment 62%

Cap Rate -2.5%

Cash on Cash -12.4%

If 1 5811 122 Street, Surrey were rented at $3,182 a month with 5% vacancy, it would fall $2,135 a month short of the mortgage and carrying costs; about 62% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 1 5811 122 Street, Surrey

$3,182 / month

Rent $3,182

Own $5,114

Principal: $1,335/mo Interest, tax, insurance, fees: $3,779/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,118/mo (year 1) → ~$2,599/mo (year 20) → ~$3,876/mo (year 29).

Net cost to own at year 5 ~$3,779/mo About $597/mo more than renting

EstateBlock estimates 1 5811 122 Street, Surrey would rent for about $3,182 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 1 5811 122 Street

Rent vs own

Owning catches up by year 24

With 20% down ($206,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $73,429

Principal paid off by year 10 $165,119

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 1 5811 122 Street, Surrey is cheaper at first, but owning catches up by year 24, with $73,429 of principal paid off by year 5 and $165,119 by year 10.