1 / 40
Investment signal

$1,449,000

7076 122A STREET

Save this home

Beds

9

Baths

5

Sqft

Year

1991

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Surrey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Tucked away in a quiet cul-de-sac in Surrey's sought-after West Newton, 7076 122A Street is a rare 90s-built, 3,800 sq ft open-plan home offering 9 bedrooms and 5 bathrooms on an expansive, 8,000 sq ft lot-the kind of property that works for a growing family today. This home is steps to a local gurdwara and ideally positioned near Cougar Creek Elementary and Kwantlen Polytechnic for everyday convenience and strong rental appeal. With two separate 2-bedroom suites downstairs (and flexibility to convert for an even larger suite) plus the option to keep up to 5 bedrooms upstairs, it's perfectly set up to raise the kids while collecting excellent rental income. Outside, you'll find a double garage, an additional storage shed, and plenty of yard space with room to build a garden suite (buyer to verify feasibility), with some tender love and care can turn into a generational investment and home for the working family! (id:65958)

Subtype
Single Family
Architectural style
Other, 2 Level
Structure
House
Common interest
Freehold
Living area
3,826 square feet
Lot size
8,083 square feet
Lot dimensions
8083
Parking
6 total
Fireplace
2
On market
Feb 2, 2026
Status changed
Apr 23, 2026
Annual tax
$6,830.01 (2025)
Photos
40
MLS#
R3081676
Area
SURREY

Features and systems

Parking

GarageOpen

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorCentral VacuumDishwasherStoveDryerAlarm SystemStorage ShedGarage door opener

Heating

Natural gas

Utilities

WaterElectricity

Security

Security system
Negative cash flow ~$1,541/mo at these assumptions

Cash on cash

-6.38%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,872

Financing

Down payment$289,800
Loan amount$1,159,200
Mortgage$5,873/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$664
Insurance$80
Maintenance$1,208
CapEx reserve$604
Vacancy loss$363

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,873/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.