A suspected serial tire-slasher has been captured on video after neighbours set up surveillance cameras on their Surrey street.

Residents of the Fleetwood neighbourhood told CTV News they installed cameras to catch the culprit following months of tire-slashing in their neighbourhood. The security video footage shows a man approaching a vehicle, bending down and slicing the tires and security cameras.

Neighbour Valerie Barker told CTV News her car has been targeted four times.

“This makes no sense because you’re not getting anything out of this,” she said.

More than a dozen of her neighbours have also fallen victim to similar incidents, some forced to spend thousands of dollars on new tires.

“Overall I think we’re about three-and-a-half, $4000 in the hole,” said neighbour Jacek Redlinski.

“We have had our tires slashed seven times,” said resident Lori Mauricio. “We’ve been going through this since September.”

Mauricio said she has suffered weeks of stress and sleepless nights.

“We never know when we’re getting up in the morning how many vehicles are going to be affected,” she said.

Finally this week the surveillance cameras caught the suspect in action. The video received thousands of views when Maurico posted it online.

“It was a relief,” she said. “I mean I wasn't happy that he came back.”

Robin Laird, the manager at Fountain Tire, said business is booming at his shop. On Saturday alone he dealt with eight slashed tires.

“Last month I’ve probably seen 25 to 30 [slashed tires],” he said.

The video footage has been turned over to Surrey RCMP, who did not respond to a request for comment. Neighbours hope the video will prompt the police to step up their investigation, or someone who knows the suspect to come forward.

With a report by CTV Vancouver’s David Molko