7937 124 St, Surrey BC - Land for Sale - MLS# R3119556

125 days on the market
$1,150,000
Est. Mortgage $5,088/mo
Listing updated:
EstateBlock checked:
0 sqft
Foreclosures
125 days on the market
$1,150,000
Est. $5,088/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 7937 124 Street

Foreclosures

Court Order Sale, vacant lot, walking distance to schools and Sikh Temple

Exterior Features

Structures Land Only

Building Details

Price $1,150,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 7901
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3119556
Area Surrey
Neighbourhood West Newton
City Surrey
Postal Code V3W 3X7
Gross Taxes $5,023.81
Zoning RES

Property Timeline

Status Date Price
R3119556 / Active 05-04-2026 $1,150,000
to view full Property History (1 earlier record)

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

Elementary
Strawberry Hill Elementary School
Average 0.62 km 4.4/10
Secondary
Princess Margaret Secondary School
1.83 km

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

Private Schools

Elementary
Sikh Academy
Above Average 1.56 km 7.1/10
Elementary, Secondary
Khalsa School (Surrey)
5.23 km

Closest Transit

Bus Stop
Southbound 124 St @ 80 Ave
0.08 km
Skytrain
Skytrain @ King George Stn
4.67 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
Unlikely

Other

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

Sell Speed & Competition

51 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $1,092,500
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 4.67 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How WEST NEWTON compares
This property
125 DOM
Listed
West Newton avg
Surrey avg

7937 124 Street has a sell-speed score of 51/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 5% above comparable active properties in West Newton. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3W 3X7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 3X7, 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 (~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.

Nearby Restaurants, Cafes & Shops

Groceries (7 nearby)

  • Fruiticana · 691 m · Supermarket
  • Big bazaar · 812 m · Supermarket
  • Marhaba general store · 823 m · Convenience

Shopping (7 nearby)

  • Medisave pharmacy · 833 m · Pharmacy
  • Mark's pharmacy · 840 m · Pharmacy
  • Td · 875 m · Bank

Restaurants (7 nearby)

  • Mayuri indian cuisine · 598 m · Restaurant
  • Fast fired · 748 m · Fast Food
  • Popeyes · 752 m · Fast Food

Cafes (3 nearby)

  • Dippy desserts · 807 m · Cafe
  • Tim hortons · 826 m · Cafe
  • Kumare · 912 m · Cafe

Healthcare (2 nearby)

  • Medisave pharmacy · 833 m · Healthcare
  • Mark's pharmacy · 840 m · Healthcare

Transit (1 nearby)

  • Bus stop southbound 128 st @ 8200 block · 991 m · Transit

Schools NearBy

35 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Strawberry Hill Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.6 / 10

Distance

624 m

Westerman Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

728 m

Kennedy Trail Elementary School

Public

Grades Served

K-7

Catchment Info

4.1 / 10

Distance

812 m

Jarvis Traditional Elementary School

Public

Grades Served

K-7

Catchment Info

5.7 / 10

Distance

1.17 KM

Dr. F. D. Sinclair Elementary School

Public

Grades Served

K-7

Catchment Info

3.8 / 10

Distance

1.31 KM

Sikh Academy

Independent

Grades Served

K-7

Catchment Info

7.6 / 10

Distance

1.56 KM

McCloskey Elementary School

Public

Grades Served

K-7

Catchment Info

3.7 / 10

Distance

1.74 KM

Continuing Ed SD36 (Invergarry)

Public

Grades Served

Catchment Info

0

Distance

1.81 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
5.2 / 10

Distance

1.83 KM

Cougar Creek Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

1.85 KM

North Delta Secondary

Public

Grades Served

Catchment Info

5.4 / 10

Distance

1.93 KM

Newton Elementary School

Public

Grades Served

K-7

Catchment Info

3.6 / 10

Distance

1.99 KM

Hellings Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

2.06 KM

Immaculate Conception

Independent

Grades Served

Catchment Info

7.3 / 10

Distance

2.13 KM

Immaculate Conception School

Independent

Grades Served

K-7

Catchment Info

7.8 / 10

Distance

2.15 KM

Richardson Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

2.26 KM

Chalmers Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

2.29 KM

Surrey Muslim School

Independent

Grades Served

K-7

Catchment Info

6.7 / 10

Distance

2.40 KM

Burnsview Secondary

Public

Grades Served

Catchment Info

6.4 / 10

Distance

2.46 KM

Kirkbride Elementary School

Public

Grades Served

K-7

Catchment Info

2.9 / 10

Distance

2.58 KM

Annieville Elementary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.59 KM

Home Quest

Public

Grades Served

Catchment Info

0

Distance

2.59 KM

David Brankin Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.59 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

3.2 / 10

Distance

2.60 KM

Gabrielle-Roy

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.60 KM

Bear Creek Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

2.80 KM

Cougar Canyon Elementary

Public

Grades Served

Catchment Info

6.7 / 10

Distance

2.80 KM

Seaquam Secondary

Public

Grades Served

Catchment Info

7.2 / 10

Distance

2.80 KM

Delview Secondary School

Public

Grades Served

8-12

Catchment Info

6.1 / 10

Distance

2.81 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.82 KM

Senator Reid Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

2.83 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.88 KM

Gibson Elementary School

Public

Grades Served

K-7

Catchment Info

4.3 / 10

Distance

2.90 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

2.90 KM

Gray Elementary School

Public

Grades Served

K-7

Catchment Info

4.7 / 10

Distance

2.96 KM

Pre-computed routes from 7937 124 St, Surrey, BC

By transit (Skytrain)

  • Downtown Vancouver via King George → Waterfront
    99 min
  • Metrotown, Burnaby via King George → Metrotown
    81 min
  • SFU Burnaby via King George → Production Way
    79 min
  • Richmond Centre via King George → Brighouse
    124 min
  • YVR Airport via King George → YVR-Airport
    125 min

By car (off-peak)

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

Calculate your commute

7937 124 St, Surrey, BC is ideally located for commuters. The property is 4.7 km from King George, with a 99 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound 124 St @ 80 Ave (0.08 km). Walk Score Transit rating: Good Transit (52/100).

Walkability & Transit Near 7937 124 Street

Walk Score Badge
Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 7937 124 Street

2026 assessed value, sourced from City of Surrey open data (PID 016-493-958).
Total Assessed Value (2026)
$1,230,200
2026 Value Trend
Land
$1,197,000
Buildings
$33,200
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,197,000 $33,200 $1,230,200

Mortgage Calculator for 7937 124 Street

/month
Principal & Interest
Property Taxes $419
Maintenance fee 0
A 20% down payment of $230,000 on this $1,150,000 listing yields an estimated mortgage of $4,392/month (30-year fixed, 4%). Total estimated housing cost: $4,811/month, $419 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
With $3,375/month in estimated rental income against $4,957/month in mortgage payments, the monthly cashflow is -$1,582/month. A 49% 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 7937 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 — West Newton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,150,000
Surrey Loading...
West Newton Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $1,094,822 across 32 active listings — this listing is 5% above the Surrey average. This property is flagged as a Hot Deal (Foreclosures) 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 7937 124 Street

Walk Score Badge
Car-Dependent 71

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 52

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
59

Bike Score - Bikeable

Some bike infrastructure

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