Home Surrey, BC Queen Mary Park Surrey Kensington Gate 55 9281 122 Street

55 9281 122 St, Surrey BC V3V 7R6 – Townhouse for Sale – MLS® R3177922

55 9281 122 Street, Surrey, British Columbia V3V 7R6

Surrey Townhouses for Sale

19 days on the market

$550,000

Est. monthly cost $2,856/mo

Updated with MLS® - Nov 10, 2026 at 08:25pm

2 Beds

2 Baths

1166 sqft

472 $ /sqft

432.21 $ Maint. fee

1987 built

Photos

Welcome to Kensington Gate! This charming 2-bedroom, 2-full-bathroom townhouse features a spacious living area and functional layout. Enjoy fantastic amenities including an outdoor pool, fitness centre, and clubhouse. Walking distance to schools, shopping, and parks, with easy SkyTrain access. Perfect for families and first-time home buyers seeking a home in a prime Surrey location!

Building 25 fields Inside & out 12 fields Lot & land 6 fields

Building Details

Price	$550,000
Total Bedrooms	2
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	1166
Year Built	1987
Age Of Building	39
Building Type	Townhouse
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	1
Building Amenities	Clubhouse, Recreation Facilities, Trash, Maintenance Grounds, Management
Ownership Type	Freehold Strata
Maintenance Fee	$432.21
Community Features	Gated, Shopping Nearby
Amenities Nearby	Clubhouse, Recreation Facilities, Trash, Maintenance Grounds, Management
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Guest, Front Access
Total Parking Spaces	1
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Suites	None

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features	Storage
Fireplace	1
Heating Type	Baseboard, Electric
# of Kitchens	1
Flooring	Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden
Roof	Asphalt
Structures	Residential Attached

Lot & Land

MLS^® #	R3177922
Area	Surrey
Neighbourhood	Queen Mary Park Surrey
City	Surrey
Postal Code	V3V 7R6
Gross Taxes	$2,494.34

Property Timeline

Status	Date	Price
R3177922 / Active	10-22-2026	$550,000

Rooms

Floor	Type	Dimensions
Main Level	Living Room	10'6 x 10'6 ft
Main Level	Kitchen	10' x 10' ft
Main Level	Dining Room	6'1 x 6'1 ft
Main Level	Foyer	5' x 5' ft
Main Level	Primary Bedroom	12' x 12' ft
Main Level	Bedroom	8'6 x 8'6 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#3
Main Level	No	#4

Listed by: SRS Panorama Realty

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: Kensington Gate

9295 122 Street, Queen Mary Park Surrey, Surrey

Kensington Gate building details

Building

Built: 1987
Homes: 100
Construction: Other, Frame - Wood
Title: Freehold Strata
Strata plan: NWS2395
Managed by: Obsidian Property Management
Parking: Visitor Parking, Garage: Single
Lockers: Limited
Strata fee covers: Recreation FacilityManagementGardeningGarbage Pickup

Bylaws on record

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

Market at Kensington Gate

For sale: 3
Median ask: $579K
Median $/sqft: $472
Days on market: 146
Sold, past year: 2

This home

$472/sqft, in line with the building median of $472.

Homes for sale at Kensington Gate, Surrey Recent sold listings in Kensington Gate, Surrey

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

Map, sell speed & climate

SkyTrain 3.16 km · L A Matheson Secondary School 5/10 · 0.39 km · crime average · sell-speed score 55/100 (moderate pace) · flood lower risk · wildfire low

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (16 nearby)

Kerala kitchen · 383 m · Restaurant
Domino's · 392 m · Fast Food
Asian spice · 401 m · Restaurant

Shopping (9 nearby)

A.c.c. jewelers · 414 m · Jeweller
Knock out fashions · 432 m · Clothes
Kwality wholesale · 475 m · Clothes

Groceries (5 nearby)

Circle k · 409 m · Convenience
Liquor depot · 510 m · Beverages
Tayebah halal meat & groceries · 538 m · Supermarket

Healthcare (2 nearby)

Pharmasave · 585 m · Healthcare
Familycare pharmacy · 862 m · Healthcare

Transit (1 nearby)

Bus stop westbound 96 ave @ 126 st · 962 m · Transit

Public Schools

Secondary
L A Matheson Secondary School: Average 0.39 km 5/10
Elementary
Kirkbride Elementary School: Below Average 0.24 km 2.9/10

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

Private Schools

Elementary
Immaculate Conception School: Above Average 1.01 km 7.8/10
Secondary
Purpose Independent Secondary School: Average 3.82 km 4/10

Closest Transit

Bus Stop
Westbound 92 Ave @ 122 St: 0.21 km
Skytrain
Skytrain @ King George Stn: 3.16 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 16.3%
No Certificate/Degree: Above Average 25.1%
Owner Occupied: Above Average 74.4%
Employment Rate: Above Average 76.7%

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

55 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $621,333

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 3.16 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 QUEEN MARY PARK SURREY compares

This property

19 DOM

Listed

55 9281 122 Street has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 11.5% below comparable active properties in Queen Mary Park Surrey, 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 V3V 7R6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3V 7R6, 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 (~2 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

28 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Kirkbride Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	2.9 / 10	Distance 237 m
L A Matheson Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.0 / 10	Distance 392 m
Senator Reid Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 759 m
Cedar Hills Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 991 m
Immaculate Conception School	Independent	Grades Served K-7	Catchment Info —	7.8 / 10	Distance 1.01 KM
Immaculate Conception	Independent	Grades Served —	Catchment Info —	7.3 / 10	Distance 1.06 KM
Delview Secondary School	Public	Grades Served 8-12	Catchment Info —	6.1 / 10	Distance 1.19 KM
Royal Heights Elementary School	Public	Grades Served K-7	Catchment Info —	3.5 / 10	Distance 1.30 KM
David Brankin Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 1.35 KM
Prince Charles Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 1.48 KM
Gibson Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 1.51 KM
Bridgeview Elementary School	Public	Grades Served K-7	Catchment Info —	4.3 / 10	Distance 1.55 KM
Continuing Ed SD36 (Invergarry)	Public	Grades Served —	Catchment Info —	N/A	Distance 1.64 KM
Hellings Elementary School	Public	Grades Served K-7	Catchment Info —	5.2 / 10	Distance 1.69 KM
Betty Huff Elementary School	Public	Grades Served K-7	Catchment Info —	3.4 / 10	Distance 1.78 KM
Kennedy Trail Elementary School	Public	Grades Served K-7	Catchment Info —	4.1 / 10	Distance 2.03 KM
Sikh Academy	Independent	Grades Served K-7	Catchment Info —	7.6 / 10	Distance 2.20 KM
Devon Gardens Elementary School	Public	Grades Served K-7	Catchment Info —	5.7 / 10	Distance 2.29 KM
Richardson Elementary School	Public	Grades Served K-7	Catchment Info —	5.2 / 10	Distance 2.55 KM
North Delta Secondary	Public	Grades Served —	Catchment Info —	5.4 / 10	Distance 2.56 KM
Cindrich Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 2.59 KM
Old Yale Road Elementary School	Public	Grades Served K-7	Catchment Info —	4.2 / 10	Distance 2.62 KM
Annieville Elementary	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.67 KM
Home Quest	Public	Grades Served —	Catchment Info —	N/A	Distance 2.67 KM
Queen Elizabeth Secondary School	Public	Grades Served 8-12	Catchment Info —	5.4 / 10	Distance 2.74 KM
Continuing Ed SD36 (Queen Elizabeth)	Public	Grades Served —	Catchment Info —	3.1 / 10	Distance 2.75 KM
McCloskey Elementary School	Public	Grades Served K-7	Catchment Info —	3.7 / 10	Distance 2.92 KM
Kwantlen Park Secondary School	Public	Grades Served 8-12	Catchment Info —	5.7 / 10	Distance 3.00 KM

Pre-computed routes from 55 9281 122 St, Surrey, BC

55 9281 122 St, Surrey, BC King George 3.2 km

81 min

Downtown Vancouver Waterfront Station

By transit (Skytrain)

Downtown Vancouver via King George → Waterfront
81 min
Metrotown, Burnaby via King George → Metrotown
63 min
SFU Burnaby via King George → Production Way
61 min
Richmond Centre via King George → Brighouse
106 min
YVR Airport via King George → YVR-Airport
107 min

By car (off-peak)

Downtown Vancouver via HWY 1 / Grandview
25 min
Metrotown, Burnaby via Lougheed Hwy
13 min
SFU Burnaby via Gaglardi Way
11 min
Richmond Centre via No. 3 Rd
22 min
YVR Airport via Bridgeport / Sea Island
26 min

Calculate your commute

55 9281 122 St, Surrey, BC is ideally located for commuters. The property is 3.2 km from King George, with a 81 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound 92 Ave @ 122 St (0.21 km). Walk Score Transit rating: Good Transit (52/100).

Walkability & Transit Near 55 9281 122 Street

Very Walkable 85

Walk Score - Very Walkable

Most errands can be accomplished on foot

Good Transit 52

Transit Score - Good Transit

Many nearby public transportation options

BC Assessment Value — 55 9281 122 Street

2026 assessed value, sourced from City of Surrey open data (PID 007-079-991).

Total Assessed Value (2026)

$567,100

2026 Value Trend

Land

$502,000

Buildings

$65,100

Year Built

N/A

Class

N/A

Zoning

RM45

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$502,000	$65,100	$567,100	—

Costs & calculators

Monthly cost about $2,856/month · rent estimate $2,152/month · owning catches up with renting by year 9 · cash flow if rented −$866/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 55 9281 122 Street

$2,856 /month

Principal & Interest $2,216

Property Taxes $208

Maintenance fee $432

The estimated monthly cost of 55 9281 122 Street, Surrey is $2,856: $2,216 principal and interest with 20% down over 30 years at 4.45%, plus $208 property tax and $432 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

−$866 /month

Mortgage Payment $2,216

Monthly Cash Flow −$866

Break Even Down Payment 52%

Cap Rate -1.9%

Cash on Cash -9.4%

If 55 9281 122 Street, Surrey were rented at $2,152 a month with 5% vacancy, it would fall $866 a month short of the mortgage and carrying costs; about 52% 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 55 9281 122 Street, Surrey

$2,152 / month

Rent $2,152

Own $2,856

Principal: $713/mo Interest, tax, insurance, fees: $2,143/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$597/mo (year 1) → ~$1,388/mo (year 20) → ~$2,070/mo (year 29).

Net cost to own at year 5 ~$2,143/mo About $9/mo less than renting

EstateBlock estimates 55 9281 122 Street, Surrey would rent for about $2,152 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: 55 9281 122 Street

Rent vs own

Owning catches up by year 9

With 20% down ($110,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $39,210

Principal paid off by year 10 $88,171

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 55 9281 122 Street, Surrey is cheaper at first, but owning catches up by year 9, with $39,210 of principal paid off by year 5 and $88,171 by year 10.