7387 123 STREET

Surrey, British Columbia · Neighbourhood: West Newton
C$1,174,999

Local Decision Guide

How should buyers evaluate 7387 123 STREET?

Start by reading this listing in its Surrey West Newton context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
7387 123 STREET
Sat Jun 6
01:00 PM - 04:00 PM
Sun Jun 7
01:00 PM - 04:00 PM

Remarks

Excellent investment Opportunity! Very clean, spacious home featuring 5 bedrooms and 4 full bathrooms with a fully renovated, freshly painted, modern kitchen and laminate flooring. Bright, functional layout ideal for tenants or owner-occupiers for comfortable family living. It also offers two separate 1 - bedroom basement suites providing multiple income streams and a strong mortgage helper. Well-suited for investors or multi-generational living. Located in a high-demand Surrey neighborhood close to schools, transit, shopping, and amenities. Solid rental potential in sought after location- DON'T MISS OUT! OPEN HOUSE JUNE 6 (SATURDAY) & JUNE 7 (SUNDAY) 1:00 TO 4:00 PM (id:56153)

Property Details

House
Building Type
5
Bedrooms
4
Bathrooms
1987
Year Built
39 years
Age
15
Days on Site
7,109 sf
Lot Area
1,921 sqft
Interior Size
C$612
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29793617 (R3126987)

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Site Context

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Property Summary

Price: C$1,174,999

Lot Area: 7,109 sf

Days on Site: 15 days

Added to BurnabyHouse: 2026-05-22

Updated on: 2026-06-04 12:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

STRAWBERRY HILL ELEMENTARY SCHOOL ELEMENTARY
Public · School District 36
7633 124 ST, Surrey, BC
Straight-line distance about 416.4 m
PRINCESS MARGARET SECONDARY SCHOOL SECONDARY
Public · School District 36
12870 72 AVE, Surrey, BC
Straight-line distance about 1.2 km
Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
FreshCo
About 609.6 m away
Day Today
About 783 m away
Shopping Centres
Strawberry Hill Shopping Centre
About 513.7 m away
12101 72 Avenue, Surrey
Scottsdale Square Business Centre
About 771.4 m away
Parks / Green Space
RA Nicholson Park
About 464.1 m away
12140 75A Avenue, Surrey
Strawberry Hill Park
About 566.5 m away

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Last Updated: Thu, 04 Jun 2026 11:37:11 AM PDT

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