Rare opportunity to secure a premium 10, 000+ sqft building lot on a quiet, tucked-away street in the highly sought-after Fraser Heights community. This expansive parcel offers the ideal canvas to build a luxury custom home or capitalize on its strong development potential. Key Opportunity: Preliminary potential for a duplex with two secondary suites (4 total units) a highly attractive option for builders and investors looking to maximize value (buyer to verify with City of Surrey). Plans have already been prepared and submitted for a stunning 5,000+ sqft custom residence spanning three levels, giving buyers a head start on development. Located just minutes to Highway 1, 15, and 17 offering seamless access across the Lower Mainland. Build, invest, or hold.
| View Description | NORTH SHORE MOUNTAINS |
|---|---|
| Structures | Land Only |
| Price | $1,248,888 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 10011 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 74.48 |
| MLS® # | R3113978 |
| Area | North Surrey |
| Neighbourhood | Fraser Heights |
| City | Delta |
| Postal Code | V4N 5A9 |
| Gross Taxes | $5,312.02 |
| Zoning | R2 |
Listed by: Century 21 Coastal Realty Ltd.
NOTE: 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
18229 Parsons Drive has a sell-speed score of 72/100, placing it in the "Expected to sell within weeks" band. The listing is priced 34.8% below comparable active properties in Fraser Heights, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 5A9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~5.7 km). Annual avg AQHI 1.8 — Low Risk.
Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
3 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Bothwell Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance2.33 KM
|
|
Pacific Academy |
Independent |
Grades ServedK-12
|
Catchment Info—
|
Distance2.74 KM
|
|
Port Kells Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.79 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,459,000 | $0 | $1,459,000 | — |
Buy Vs Rent Calculator
Rent vs own
—
Comparable data is unavailable at the neighbourhood level. City-wide in Delta, similar properties average $1,914,667 across 3 active listings — this listing is 34.8% below the Delta average. This property is flagged as a Hot Deal (34.8% cheaper than comparables) based on its competitive pricing and market demand.
Potential Cashback for this listing if you buy with us
to track your cashback progress
Buy with us & save on this property
$1,218,888
18237 Parsons Drive, Surrey, BC
$1,279,900
9930 181 Street, Surrey, BC
$1,250,000
9932 179 Street, Surrey, BC
$1,049,900
9866 179 Street, Surrey, BC
$1,250,000
9928 179 Street, Surrey, BC
$1,099,000
17552 102a Avenue, Surrey, BC
$1,350,000
Lot 4 17336 101 Avenue, Surrey, BC
$1,199,000
10017 173 Street, Surrey, BC
$1,199,000
10025 173 Street, Surrey, BC
$1,199,000
10047 173 Street, Surrey, BC
$1,128,888
17597 102a Avenue, Surrey, BC