- Active
2550 124b Street
Crescent Bch Ocean Pk., Surrey · Duplex
- Beds
- 2
- Baths
- 1
- Sqft
- 550
- Built
- 1953
Listed by The Agency White Rock · MLS® R3167959
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Sign inListing history
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About this home
Development opportunity in Crescent Heights. Side-by-side duplex at 2550-2560 124B Street on a lot with potential to subdivide. One side is vacant and uninhabitable; the other is occupied by a temporary tenant. The value here is in the land: build new, hold for the future, or redevelop. Set on a quiet, established family street in one of South Surrey's most sought-after neighbourhoods, within top school catchment and an easy walk to Crescent Beach, the waterfront, the pier, and village shops and cafes. A rare chance to secure a well-located property in a pocket where opportunities like this seldom come up. Buyer to verify subdivision potential, zoning and all measurements with the City of Surrey. Sold as is, where is. Tenanted side requires 24 hours' notice for showings.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 550 sq ft
- Lot size
- 12,506 sq ft
- Year built
- 1953
- Storey
- 1
- Parking
- 4
- Property type
- Duplex
- Basement
- None
- Carport
- Yes
- Area
- South Surrey White Rock
- Sub-area
- Crescent Bch Ocean Pk.
- Listed
- Hidden until you accept the VOW terms
- Structure
- Multi Family
- PID
- Hidden until you accept the VOW terms
Highlights
- Waterfront
Features and inclusions
- Appliances
- Refrigerator, Stove
- Heating
- Natural Gas
- Flooring
- Hidden until you accept the VOW terms
- Construction
- Hidden until you accept the VOW terms
- Roof
- Hidden until you accept the VOW terms
- Parking
- Carport Single, Front Access, Gravel
Board rules show these details to signed-in buyers who accept the VOW terms.
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
- $7,536
- Property tax
- $467/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $8,153
Purchase snapshot
- List price
- $1,590,000
- Down payment
- $318,000 (20%)
- Estimated mortgage
- $1,272,000
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
- $5,449
- 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
Space and layout
Room sizes and building details need a free account
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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 · 80%
Who lives here
Documents
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