2496 124 St, Surrey BC - Single Family Residence for Sale - MLS# R3137486

106 days on the market
$1,475,000
Est. Mortgage $6,525/mo
Listing updated:
EstateBlock checked:
4 Beds
2 Baths
2280 sqft
647 $ /sqft
1973 built
15.2% cheaper than comps
106 days on the market
$1,475,000
Est. $6,525/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2496 124 Street

15.2% cheaper than comps

EXCELLENT POTENTIAL! OUR HOME OFFERS A GREAT OPPORTUNITY TO INVEST OR REBUILD IN ONE OF SOUT SURREY'S MOST SOUGHT-AFTER AREAS. This home is currently operating as a daycare, so the Tenant would be happy to stay! Our home is just short of 10-20 minute walk to the beach, rec centre, and trails. Great sized lot 7117 SF in Crescent Beach/ Ocean Park area.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Refrigerator, Stove
Interior Features Storage
Fireplace 1
Heating Type Forced Air, Natural Gas
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,475,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 2280
Year Built 1973
Age Of Building 53
Building Type Single Family Residence
Property Type Residential
Architecture Style Split Entry
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Carport Multiple, Front Access
Total Parking Spaces 4

Lot & Land

Lot Size 7117
Lot Size Depth Feet
Lot Size Frontage 73
MLS® # R3137486
Area South Surrey White Rock
Neighbourhood Crescent Bch Ocean Pk.
City Surrey
Postal Code V4A 3N2
Gross Taxes $5,681.54
Zoning SF

Property Timeline

Status Date Price
R3137486 / Active 06-15-2026 $1,475,000
Rooms
Floor Type Dimensions
Main Level Living Room 16'9 x 16'9 ft
Main Level Dining Room 10' x 10' ft
Main Level Kitchen 10' x 10' ft
Main Level Primary Bedroom 12'11 x 12'11 ft
Main Level Bedroom 11' x 11' ft
Main Level Bedroom 10'6 x 10'6 ft
Below Recreation Room 24'9 x 24'9 ft
Main Level Eating Area 7'6 x 7'6 ft
Below Laundry 9' x 9' ft
Below Bedroom 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Below No #2

Listed by: One Percent Realty Ltd.

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.

Map & Neighbourhood

Public Schools

Elementary
Crescent Park Elementary School
Average 0.85 km 6.7/10
Secondary
Elgin Park Secondary School
Above Average 2.17 km 7.3/10

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

Private Schools

Elementary
Star of the Sea School
Above Average 5.25 km 8.7/10
Elementary, Secondary
White Rock Christian Academy
Above Average 5.58 km 8.9/10

Closest Transit

Bus Stop
Northbound 124 St @ Seacrest Dr
0.06 km
Skytrain
Skytrain @ Fleetwood Station ( Under Construction till 2029)
14.13 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 34.7%
No Certificate/Degree
Below Average 11%
Owner Occupied
Below Average 48.8%
Employment Rate
Average 59.6%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

53 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,699,200
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 14.13 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CRESCENT BCH OCEAN PK. compares
This property
106 DOM
Listed
Crescent Bch Ocean Pk. avg
—
—
Surrey avg
—
—

2496 124 Street has a sell-speed score of 53/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 15.2% below comparable active properties in Crescent Bch Ocean Pk., which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.8% — buyers have more leverage. With only 616 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4A 3N2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 3N2, 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 (BC ENV 2024). Nearest station: North Delta, Delta (~12.4 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.

Nearby Restaurants, Cafes & Shops

Restaurants (8 nearby)

  • Fong's eatery · 573 m · Restaurant
  • The cabin restaurant · 581 m · Restaurant
  • Crescent beach bistro · 623 m · Restaurant

Shopping (2 nearby)

  • Headroom salon · 671 m · Hairdresser
  • Blush lash studio · 677 m · Beauty Shop

Cafes (2 nearby)

  • The sunflower cafe · 580 m · Cafe
  • Crescent coffee house · 639 m · Cafe

Transit (1 nearby)

  • Bus stop northbound 128 st @ 22 ave · 978 m · Transit

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Crescent Park Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.7 / 10

Distance

846 m

Ocean Cliff Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

1.10 KM

Laronde Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

1.93 KM

Elgin Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.3 / 10

Distance

2.17 KM

Chantrell Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.60 KM

Ray Shepherd Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.97 KM

Walkability & Transit Near 2496 124 Street

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2496 124 Street

2026 assessed value, sourced from City of Surrey open data (PID 017-991-901).
Total Assessed Value (2026)
$1,419,000
2026 Value Trend
Land
$1,386,000
Buildings
$33,000
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,386,000 $33,000 $1,419,000 —

Mortgage Calculator for 2496 124 Street

/month
Principal & Interest
Property Taxes $473
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $6,107/month in total housing costs on this $1,475,000 property — $5,634 mortgage payment, $473 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $4,329/month estimated rent and $6,295/month in total housing costs, this property has a -$1,966/month cashflow. Break-even down payment: approximately 48%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2496 124 Street, Surrey

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

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.

Price vs Neighbourhood Average — Crescent Bch Ocean Pk., Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,475,000
Surrey Loading...
Crescent Bch Ocean Pk. Loading...

Based on 3 comparable active Single Family Residences in Crescent Bch Ocean Pk., the average asking price is $1,740,000. This listing is priced 15.2% below the neighbourhood average. This property is flagged as a Hot Deal (15.2% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2496 124 Street

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
44

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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