5950 124A STREET
5950 124A STREET · Surrey, Panorama Ridge · Vacant Land · $1,199,879 · MLS R3139953
5950 124A STREET is located in Surrey (Panorama Ridge). Property snapshot: Vacant Land, listed at $1,199,879, MLS R3139953. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 2. Catchment schools include J.T. BROWN ELEMENTARY
Local Decision Guide
How should buyers evaluate 5950 124A STREET?
Start by reading this listing in its Surrey Panorama Ridge 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.
Listing FAQ
What is the current list price for 5950 124A STREET?
This page shows a list price of $1,199,879 with MLS R3139953.
What type of home is this Surrey, Panorama Ridge listing?
The page shows Vacant Land at 5950 124A STREET. Buyers should still verify strata/land context, interior size, age and inspection findings.
How long has this listing been on the market?
Current records show about 2 days on market/site. Latest recorded list price 1199879.00.
Which catchment schools are associated with 5950 124A STREET?
Catchment schools include J.T. BROWN ELEMENTARY SCHOOL, TAMANAWIS SECONDARY SCHOOL. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.
What should buyers check first on this listing?
Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.
Can AI analysis replace professional advice?
No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.
Recent News
An urban planning expert has questioned the primary motivation behind the British Columbia government's plan…
Rental prices in Metro Vancouver increased for the first time in 2026, according to data from the online rent…
Canada's total residential mortgage debt surpassed $2.4 trillion in January 2026, marking a 4.8 per cent year…
Fengate Asset Management announced the official opening of 500 Upper Wellington, a 260-unit purpose-built ren…
Condo fees across Canada are escalating due to a structural correction after years of underfunded building re…
The C.D.. Howe Institute has recommended that the Bank of Canada begin publishing its own interest rate forec…
B.C.. Premier David Eby and Prime Minister Mark Carney have unveiled a joint federal-provincial initiative to…
Prime Minister Mark Carney has outlined a strategy to purchase unsold, distressed condominiums at a discount…
British Columbia Premier David Eby has addressed public criticism regarding a joint plan by the B.C.. governm…
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).
Last Updated: Fri, 26 Jun 2026 11:55:18 AM PDT
Data Provider: Greater Vancouver REALTORS®
Listing Office: Royal LePage Global Force Realty
Terms of Use Agreement
Terms of Use
This website is operated by Gary Gao, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Gary Gao, and CREA.
Copyright
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
Amendments
Gary Gao may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.