Home Mission, BC Mission-West 31390 Olson Avenue

31390 Olson Ave, Mission BC – Land for Sale – MLS® R3155370

31390 Olson Avenue, Mission, British Columbia V4S 1E8

70 days on the market

$1,799,000

Est. Mortgage $7,959/mo

Listing updated: Oct 14, 2026 at 10:03am

EstateBlock checked: Oct 21, 2026 at 12:45am

Silverdale

0 sqft

Photos

Exterior photo of 31390 Olson Ave, Mission, BC – MLS® R3155370

Exterior Rear Photo of 31390 Olson Avenue, Mission, BC

Living Room Photo of 31390 Olson Avenue, Mission, BC

Family Room Photo of 31390 Olson Avenue, Mission, BC

Dining Area Photo of 31390 Olson Avenue, Mission, BC

Kitchen Photo of 31390 Olson Avenue, Mission, BC

Kitchen Island Photo of 31390 Olson Avenue, Mission, BC

Pantry Photo of 31390 Olson Avenue, Mission, BC

Breakfast Nook Photo of 31390 Olson Avenue, Mission, BC

Primary Bedroom Photo of 31390 Olson Avenue, Mission, BC

Primary Bathroom Photo of 31390 Olson Avenue, Mission, BC

Walk-In Closet Photo of 31390 Olson Avenue, Mission, BC

Bedroom 2 Photo of 31390 Olson Avenue, Mission, BC

Bedroom 3 Photo of 31390 Olson Avenue, Mission, BC

Rare opportunity to acquire 12.17 acres in Silverdale’s Central Neighbourhood, one of Mission’s most important future growth areas. The broader Silverdale community is planned for approximately 17,000 residential units and 40,000 residents at full build-out. The approved land use plan identifies a mix of townhome, single-family residential and open space uses across the property. With approximately 426.5 feet of frontage, panoramic views, selective clearing, partial fencing and gated access, this substantial holding offers an exceptional opportunity to secure a well-positioned development site ahead of continued growth and infrastructure expansion in Silverdale. Buyer to verify development potential, servicing and approvals with the City of Mission.

Exterior Features

View Description	STUNNING PANORAMIC VIEWS
Structures	Land Only

Building Details

Price	$1,799,000
Property Type	Land
Building Name	Silverdale
Ownership Type	Freehold NonStrata
Utility Type	Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity At Lot Line, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource)	None

Lot & Land

Lot Size	12.17
Lot Size Depth	Feet
MLS^® #	R3155370
Area	Mission
Neighbourhood	Mission-West
City	Mission
Postal Code	V4S 1E8
Gross Taxes	$10,799.37
Zoning	RU16

Property Timeline

Status	Date	Price
R3155370 / Active	08-12-2026	$1,799,000
to view full Property History (5 earlier records)

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.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Valley Christian School: Above Average 2.94 km 7.1/10
Elementary, Secondary
Valley Christian School: Above Average 2.94 km 7.1/10

Closest Transit

Bus Stop
Holiday at Wren (WB): 2.08 km
Skytrain
West Coast Express @ Mission City Station: 4.77 km

Crime Rate

Total Crime Rate: Above Average
Violent Crime Rate: Above Average
Property Crime Rate: Above Average

Demographics

Post-Secondary Education: Below Average 13.7%
No Certificate/Degree: Above Average 17.9%
Owner Occupied: Below Average 58.6%
Employment Rate: Below Average 52.9%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Sell Speed & Competition

47 / 100

Overall sell-speed score

Moderate pace expected

B+

Price competition grade

Avg comparable: $1,950,116

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 4.77 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MISSION-WEST compares

This property

70 DOM

Listed

Mission-West avg

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Mission avg

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31390 Olson Avenue has a sell-speed score of 47/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.4% below comparable active properties in Mission-West, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.3% — buyers have more leverage. With only 239 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4S 1E8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4S 1E8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Moderate

Located within the "Chilliwack" WUI zone (Risk Class 3 — Moderate). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Abbotsford Central, Abbotsford (~13.4 km). Annual avg AQHI 1.8 — Low Risk.

Heat Elevated

Mission currently sees ~3 days above 30 °C per year (1981–2010 baseline), projected to rise to ~13 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~31.1 °C baseline, ~33.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.

Precipitation Increasing

Annual precipitation ~1751 mm (1981–2010 baseline), projected ~1810 mm by the 2050s. Extreme 1-day rainfall: ~60.1 mm baseline, ~65.9 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~21 days baseline, ~23 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

5 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Albert McMahon Elementary	Public	Grades Served —	Catchment Info —	3.9 / 10	Distance 2.33 KM
West Heights Elementary School	Public	Grades Served K-6	Catchment Info —	2.6 / 10	Distance 2.39 KM
Cherry Hill Elementary School	Public	Grades Served K-6	Catchment Info —	3.1 / 10	Distance 2.55 KM
Valley Christian School	Independent	Grades Served K-12	Catchment Info —	7.1 / 10	Distance 2.94 KM
Christine Morrison Elementary School	Public	Grades Served K-6	Catchment Info —	3.8 / 10	Distance 2.98 KM

Walkability & Transit Near 31390 Olson Avenue

Car-Dependent 0

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus

Somewhat
Bikeable 0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 31390 Olson Avenue

/month

Principal & Interest

Property Taxes $900

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($359,800), the estimated monthly payment for this listing is $7,771/month — $6,871 principal & interest, $900 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $4,665/month, this property runs a $3,293/month shortfall after mortgage and carrying costs. Break-even requires approximately 59% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 31390 Olson Avenue, Mission

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.