- Active
#241 – 7156 121 Street
West Newton, Surrey · Townhouse
- Beds
- 2
- Baths
- 2
- Sqft
- 1,630
- Built
- 1988
Listed by Real Broker B.C. Ltd. · MLS® R3128639
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About this home
Welcome to GRANNY'S HOUSE! That's right you have a once in a lifetime opportunity to own our Grandmothers home which has been meticulously cared for over the past 38 years. This is the highly desirable Glenwood Village complex. This 55+ GATED community offers privacy and convenience. Massive upper 1630 sq ft 2 bedroom 2 bath townhouse. South West facing in a quiet, peaceful location as you sip your morning coffee on your oversized private deck. Spacious, bright unit with formal dining room to entertain. Living room has gas fireplace. In floor radiant heat. Updated kitchen with family room & eating area. Giant Master suite with ensuite and walk in closet. Spare bedroom is on opposite end. Windows on 3 sides making this unit bright. Single garage. Beautiful complex and well maintained!
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,630 sq ft
- Year built
- 1988
- Pets · restrictions
- Allowed
- Storey
- 1
- Parking
- 1
- Property type
- Townhouse
- Basement
- None
- Garage
- Yes
- Carport
- No
- Fireplace
- 1
- Area
- Surrey
- Sub-area
- West Newton
- Structure
- Residential Attached
Highlights
- Balcony
- Gym
- In-suite laundry
- Radiant heat
- Meeting/Party Room
- Fireplace
Features and inclusions
- Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Heating
- Hot Water, Radiant
- Parking
- Garage Single, Front Access
- Laundry
- In Unit
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,460
- Property tax
- $150/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,760
Purchase snapshot
- List price
- $519,000
- Down payment
- $103,800 (20%)
- Estimated mortgage
- $415,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $1,779
- At 3.4273 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,100 a month
- Gross yield
- 2.5%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Space and layout
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Home value
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Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Vancouver
Ten year average, 2016–2025.
- Average temperature
- 10.6°C
- Daily mean across the year.
- Yearly precipitation
- 1,141 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 1,938 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 48%
Who lives here
Documents
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