7389 122a St, Surrey BC – House for Sale – MLS® R3180082

7389 122a Street, Surrey, British Columbia V3W 3T2

2 days on the market
$5,750,000
Est. Mortgage $25,438/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
3208 sqft
1792 $ /sqft
1977 built
NEW
2 days on the market
$5,750,000
Est. $25,438/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7389 122a Street

DEVELOPMENT OPPORTUNITY IN SURREY WEST NEWTON! A rare opportunity to acquire an approx. 26,334 sqft (0.6-acre) development site in Surrey. 3 side by side lots, ideally situated on the corner of 122A Street and 74 Avenue, RA zone and falls within Scottsdale Exchange TOA and Low Rise Density OCP, offering potential for lot subdivision or up to 3.0 FSR 8-storey development. Just minutes from Strawberry Hill Shopping Centre, KPU, Newton Athletic Park, and public transit, the site offers excellent accessibility and convenience. A BC Hydro right-of-way is registered on the second and third lots, with potential for parking use. Don’t miss this exceptional opportunity to secure a prime development site in one of Surrey’s desirable and well-connected neighbourhoods. Call today for more information!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full, Exterior Entry
Heating Type Natural Gas
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $5,750,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3208
Year Built 1977
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Community
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Detached
Total Parking Spaces 2

Lot & Land

Lot Size 26332
Lot Size Depth Feet
MLS® # R3180082
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 3T2
Gross Taxes $6,898.96
Zoning RM

Property Timeline

Status Date Price
R3180082 / Active 10-30-2026 $5,750,000
Rooms
Floor Type Dimensions
Main Level Living Room 16' x 16' ft
Main Level Dining Room 17' x 17' ft
Main Level Kitchen 17' x 17' ft
Main Level Primary Bedroom 14' x 14' ft
Main Level Bedroom 12' x 12' ft
Main Level Bedroom 11' x 11' ft
Below Family Room 16' x 16' ft
Below Recreation Room 20' x 20' ft
Below Games Room 20' x 20' ft
Below Bedroom 12' x 12' ft
Below Utility 11' x 11' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3
Below No #3

Listed by: RE/MAX City 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.

Map & Neighbourhood

Public Schools

Secondary
Princess Margaret Secondary School
Average 1.36 km 5.2/10
Elementary
Westerman Elementary School
Below Average 0.48 km 3.6/10

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

Private Schools

Elementary
Surrey Muslim School
Average 2.49 km 6.7/10
Elementary,Secondary
Regent Christian Online Academy
Above Average 6.05 km 8.2/10

Closest Transit

Bus Stop
Southbound 122 St @ 7300 Block
0.2 km
Skytrain
Skytrain @ King George Stn
5.78 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 19.7%
No Certificate/Degree
Above Average 26.1%
Owner Occupied
Above Average 75.4%
Employment Rate
Above Average 75.6%

Noise/ Power Lines

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

Other

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

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.78 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Possible — power corridor nearby
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST NEWTON compares
This property
2 DOM
Listed
West Newton avg
—
—
Surrey avg
—
—

7389 122a Street has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3W 3T2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 3T2, 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 (~2.7 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

Restaurants (24 nearby)

  • Chipotle · 390 m · Fast Food
  • Nando's · 410 m · Restaurant
  • A&w · 413 m · Fast Food

Shopping (22 nearby)

  • Winners · 360 m · Department Store
  • Cibc · 376 m · Bank
  • Garden nails · 427 m · Beauty Shop

Groceries (6 nearby)

  • Day today · 573 m · Supermarket
  • Cobs bread · 652 m · Bakery
  • Walmart supercentre · 801 m · Supermarket

Cafes (4 nearby)

  • Tim hortons · 379 m · Cafe
  • Pearl fever · 464 m · Cafe
  • Bandra cafe · 471 m · Cafe

Healthcare (3 nearby)

  • Shoppers drug mart · 495 m · Healthcare
  • Wellcare rx pharmacy · 526 m · Healthcare
  • London drugs · 611 m · Healthcare

Transit (1 nearby)

  • Bus stop westbound 72 ave @ 118 st · 992 m · Transit

Schools NearBy

35 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Westerman Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.6 / 10

Distance

477 m

Strawberry Hill Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

551 m

Cougar Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

716 m

Jarvis Traditional Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.7 / 10

Distance

984 m

Dr. F. D. Sinclair Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

1.20 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.2 / 10

Distance

1.36 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.81 KM

Cougar Canyon Elementary

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

1.84 KM

Seaquam Secondary

Public

Grades Served

—

Catchment Info

—
7.2 / 10

Distance

1.84 KM

Kennedy Trail Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.1 / 10

Distance

1.85 KM

Chalmers Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

1.86 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.6 / 10

Distance

1.87 KM

McCloskey Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.7 / 10

Distance

1.92 KM

Burnsview Secondary

Public

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

2.05 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.08 KM

Gabrielle-Roy

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.09 KM

Boundary Park Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

2.24 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.2 / 10

Distance

2.26 KM

North Delta Secondary

Public

Grades Served

—

Catchment Info

—
5.4 / 10

Distance

2.32 KM

Sunshine Hills Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.2 / 10

Distance

2.40 KM

Surrey Muslim School

Independent

Grades Served

K-7

Catchment Info

—
6.7 / 10

Distance

2.49 KM

St Bernadette

Independent

Grades Served

—

Catchment Info

—
8.6 / 10

Distance

2.51 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

2.56 KM

Sikh Academy

Independent

Grades Served

K-7

Catchment Info

—
7.6 / 10

Distance

2.63 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.64 KM

Richardson Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.65 KM

Newton Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.6 / 10

Distance

2.69 KM

Hellings Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.81 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

2.83 KM

Continuing Ed SD36 (Invergarry)

Public

Grades Served

—

Catchment Info

—
N/A

Distance

2.95 KM

Gray Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.7 / 10

Distance

2.95 KM

Annieville Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.96 KM

Home Quest

Public

Grades Served

—

Catchment Info

—
N/A

Distance

2.96 KM

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.97 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

2.98 KM

Pre-computed routes from 7389 122a St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via King George → Waterfront
    112 min
  • Metrotown, Burnaby via King George → Metrotown
    94 min
  • SFU Burnaby via King George → Production Way
    92 min
  • Richmond Centre via King George → Brighouse
    137 min
  • YVR Airport via King George → YVR-Airport
    138 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    28 min
  • Metrotown, Burnaby via Lougheed Hwy
    16 min
  • SFU Burnaby via Gaglardi Way
    16 min
  • Richmond Centre via No. 3 Rd
    22 min
  • YVR Airport via Bridgeport / Sea Island
    27 min

Calculate your commute

7389 122a St, Surrey, BC is ideally located for commuters. The property is 5.8 km from King George, with a 112 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound 122 St @ 7300 Block (0.2 km). Walk Score Transit rating: Good Transit (62/100).

Walkability & Transit Near 7389 122a Street

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 7389 122a Street

2026 assessed value, sourced from City of Surrey open data (PID 010-200-134).
Total Assessed Value (2026)
$1,346,000
2026 Value Trend
Land
$1,303,000
Buildings
$43,000
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,303,000 $43,000 $1,346,000 —

Mortgage Calculator for 7389 122a Street

/month
Principal & Interest
Property Taxes $575
Maintenance fee 0
A 20% down payment of $1,150,000 on this $5,750,000 listing yields an estimated mortgage of $21,961/month (30-year fixed, 4%). Total estimated housing cost: $22,536/month, $575 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $12,378/month in estimated rental income against $22,895/month in mortgage payments, the monthly cashflow is -$10,517/month. A 59% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 7389 122a 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 — West Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $5,750,000
Surrey Loading...
West Newton Loading...

No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.

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 Greater Vancouver REALTORS® 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 7389 122a Street

Walk Score Badge
Car-Dependent 81

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 62

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
68

Bike Score - Bikeable

Some bike infrastructure

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