Home Surrey, BC Panorama Ridge 5845 124 Street

5845 124 St, Surrey BC - Single Family Residence for Sale - MLS# R3154357

48 days on the market

$1,250,000

Est. Mortgage $5,530/mo

Listing updated: Sep 22, 2026 at 07:39pm

EstateBlock checked: Sep 28, 2026 at 06:45am

4 Beds

2 Baths

2341 sqft

534 $ /sqft

1958 built

48 days on the market

$1,250,000

Est. $5,530/mo with 20% down

Listing updated: Sep 22, 2026 at 07:39pm

EstateBlock checked: Sep 28, 2026 at 06:45am

Photos

Exterior Front Photo of 5845 124 Street, Surrey, BC

Exterior Rear Photo of 5845 124 Street, Surrey, BC

Living Room Photo of 5845 124 Street, Surrey, BC

Family Room Photo of 5845 124 Street, Surrey, BC

Dining Area Photo of 5845 124 Street, Surrey, BC

Kitchen Photo of 5845 124 Street, Surrey, BC

Kitchen Island Photo of 5845 124 Street, Surrey, BC

Pantry Photo of 5845 124 Street, Surrey, BC

Breakfast Nook Photo of 5845 124 Street, Surrey, BC

Primary Bedroom Photo of 5845 124 Street, Surrey, BC

Primary Bathroom Photo of 5845 124 Street, Surrey, BC

Walk-In Closet Photo of 5845 124 Street, Surrey, BC

Bedroom 2 Photo of 5845 124 Street, Surrey, BC

Bedroom 3 Photo of 5845 124 Street, Surrey, BC

Bedroom 4 Photo of 5845 124 Street, Surrey, BC

Guest Bathroom Photo of 5845 124 Street, Surrey, BC

Powder Room Photo of 5845 124 Street, Surrey, BC

Office / Den Photo of 5845 124 Street, Surrey, BC

Loft / Bonus Room Photo of 5845 124 Street, Surrey, BC

Basement Recreation Room Photo of 5845 124 Street, Surrey, BC

Laundry Room Photo of 5845 124 Street, Surrey, BC

Mudroom Photo of 5845 124 Street, Surrey, BC

Entry Foyer Photo of 5845 124 Street, Surrey, BC

Hallway Photo of 5845 124 Street, Surrey, BC

Staircase Photo of 5845 124 Street, Surrey, BC

Garage Interior Photo of 5845 124 Street, Surrey, BC

Outdoor Patio Photo of 5845 124 Street, Surrey, BC

Outdoor Deck Photo of 5845 124 Street, Surrey, BC

Backyard Photo of 5845 124 Street, Surrey, BC

Front Yard Photo of 5845 124 Street, Surrey, BC

Garden / Landscaping Photo of 5845 124 Street, Surrey, BC

Swimming Pool Photo of 5845 124 Street, Surrey, BC

Hot Tub / Spa Photo of 5845 124 Street, Surrey, BC

Outdoor Kitchen Photo of 5845 124 Street, Surrey, BC

Aerial View of 5845 124 Street, Surrey, BC

Street View Photo of 5845 124 Street, Surrey, BC

Neighborhood Park Photo Near 5845 124 Street, Surrey, BC

Community Amenities Photo (Clubhouse) of 5845 124 Street, Surrey, BC

Fitness Center Photo Near 5845 124 Street, Surrey, BC

Excellent opportunity on a large 9,642 sq. ft. lot with approximately 68 feet of frontage and convenient rear lane access. This 4-bedroom, 2-bathroom home is a great option for families, investors, builders, or those looking to hold for future potential. The generous lot, wide frontage, and lane access offer plenty of possibilities. Conveniently located with easy access to Highway 10 and Highway 99, providing excellent connections throughout Surrey, Delta, and the Lower Mainland. A solid opportunity to own a substantial property in an established neighbourhood. Buyers to verify zoning, development potential, and building requirements with the City of Surrey. Call today!!

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Full
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace	2
Heating Type	Forced Air, Natural Gas
Laundry	In Unit
# of Kitchens	2
Flooring	Hardwood, Tile, Carpet
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$1,250,000
Total Bedrooms	4
Total Bathrooms	2
Full Bathrooms	2
Half Bathrooms	0
Floor Area Total (sqft)	2341
Year Built	1958
Age Of Building	68
Building Type	Single Family Residence
Property Type	Residential
Architecture Style	Split Entry
Stories	2
Ownership Type	Freehold NonStrata
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource)	Public
Parking Type	Additional Parking, Carport Multiple, RV Access/Parking, Front Access, Lane Access, Concrete, Gravel
Total Parking Spaces	7
Rental Suites	Unauthorized Suite

Lot & Land

Lot Size	9642
Lot Size Depth	Feet
Lot Size Frontage	68
MLS^® #	R3154357
Area	Surrey
Neighbourhood	Panorama Ridge
City	Surrey
Postal Code	V3X 1Y2
Gross Taxes	$6,567.51
Zoning	RA

Property Timeline

Status	Date	Price
R3154357 / Active	08-11-2026	$1,250,000

Rooms

Floor	Type	Dimensions
Main Level	Foyer	6'5 x 6'5 ft
Main Level	Living Room	20'5 x 20'5 ft
Main Level	Kitchen	13'3 x 13'3 ft
Main Level	Dining Room	11'0 x 11'0 ft
Main Level	Family Room	12'11 x 12'11 ft
Main Level	Primary Bedroom	14'0 x 14'0 ft
Main Level	Bedroom	9'11 x 9'11 ft
Below	Recreation Room	19'11 x 19'11 ft
Below	Bedroom	13'8 x 13'8 ft
Below	Bedroom	9'7 x 9'7 ft
Below	Kitchen	17'7 x 17'7 ft
Below	Storage	6'5 x 6'5 ft
Below	Patio	10'1 x 10'1 ft
Below	Storage	24'2 x 24'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4
Below	No	#4

Listed by: Macdonald Realty (Surrey/152) & Macdonald Realty (Surrey/152)

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
J T Brown Elementary School: Average 0.35 km 4/10
Secondary
Tamanawis Secondary School: Average 1.6 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: 0.89 km
Elementary,Secondary
Regent Christian Online Academy: Above Average 5.71 km 8.2/10

Closest Transit

Bus Stop
Northbound 124 St @ 58A Ave: 0.04 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029): 8.37 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

39 / 100

Overall sell-speed score

May take longer

Price competition grade

Avg comparable: $1,065,000

—

Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 8.37 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

48 DOM

Listed

Panorama Ridge avg

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Surrey avg

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5845 124 Street has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 14.8% above comparable active properties in Panorama Ridge. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3X 1Y2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 1Y2, 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 (~5.7 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

Transit (1 nearby)

Bus stop southbound scott rd @ mckee dr · 976 m · Transit

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
J T Brown Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	4.0 / 10	Distance 350 m
Al-Mustafa School	Independent	Grades Served —	Catchment Info —	0	Distance 894 m
Boundary Park Elementary	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 921 m
Colebrook Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 953 m
Panorama Park Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 1.18 KM
Beaver Creek Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 1.36 KM
Pinewood Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 1.41 KM
Tamanawis Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.6 / 10	Distance 1.60 KM
Martha Jane Norris Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 1.91 KM
St. Bernadette	Independent	Grades Served K-7	Catchment Info —	8.6 / 10	Distance 2.08 KM
St Bernadette	Independent	Grades Served —	Catchment Info —	8.6 / 10	Distance 2.10 KM
North Ridge Elementary School	Public	Grades Served K-7	Catchment Info —	3.4 / 10	Distance 2.30 KM
Cougar Creek Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.46 KM
Henry Bose Elementary School	Public	Grades Served K-7	Catchment Info —	3.8 / 10	Distance 2.52 KM
Gabrielle-Roy	Public	Grades Served —	Catchment Info —	6.1 / 10	Distance 2.63 KM
Cougar Canyon Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.85 KM
Seaquam Secondary	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.85 KM
Sunshine Hills Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.86 KM
Princess Margaret Secondary School	Public	Grades Served 8-12	Catchment Info —	5.2 / 10	Distance 2.88 KM

Walkability & Transit Near 5845 124 Street

Car-Dependent 27

Walk Score - Car-Dependent

Most errands require a car

Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 32

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5845 124 Street

2026 assessed value, sourced from City of Surrey open data (PID 008-869-430).

Total Assessed Value (2026)

$1,344,400

2026 Value Trend

Land

$1,312,000

Buildings

$32,400

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,312,000	$32,400	$1,344,400	—

Mortgage Calculator for 5845 124 Street

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $547

Maintenance fee 0

Financing 80% of the $1,250,000 asking price over 30 years at 4% results in approximately $5,321/month in total estimated carrying costs, $547 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: Sep 22, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

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/month

Mortgage Payment

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Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $4,809/month in rental income, leaving a -$671/month cashflow at current carrying costs. Investors targeting break-even would need roughly 32% down.

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

Estateblock Rent Estimate for 5845 124 Street, Surrey

Buy Vs Rent Calculator

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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.