32551 Fraser Cres, Mission BC - Land for Sale - MLS# R3094268

178 days on the market
$5,950,000
Est. Mortgage $26,323/mo
Listing updated:
EstateBlock checked:
0 sqft
24.2% price reduction
178 days on the market
$5,950,000
$7,850,000
Est. $26,323/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 32551 Fraser Crescent

24.2% price reduction

A 3.73-acre Infill Multi Family Development Site, located in Mission Core. The draft development plan consists of 49 apartments, 32 Townhomes & 4 Duplexes. The property offers immediate access to Lougheed Highway and seamless connectivity via the Abbotsford-Mission Highway. High visibility and significant local traffic ensure future success for the community.The property is sold on an As Is where is Basis and the Buyer, Buyer’s agent to verify all relevant details.

Exterior Features

Structures Land Only

Building Details

Price $5,950,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 3.73
Lot Size Depth Metres
Lot Size Frontage 246.063
MLS® # R3094268
Area Mission
Neighbourhood Mission BC
City Mission
Postal Code V2V 6N3
Gross Taxes $33,548.96
Zoning MD465

Property Timeline

Status Date Price
R3094268 / Active 03-12-2026 $5,950,000

Listed by: Homelife Advantage 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 Online School
Above Average 1.33 km 7.1/10
Elementary,Secondary
Valley Christian Online School
Above Average 1.33 km 7.1/10

Closest Transit

Bus Stop
Lougheed Hwy at Haig (WB)
0.29 km
Skytrain
West Coast Express @ Mission City Station
1.45 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 9.3%
No Certificate/Degree
Above Average 21.8%
Owner Occupied
Above Average 77.8%
Employment Rate
Above Average 67.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

42 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-19,087,600
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.45 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How MISSION BC compares
This property
178 DOM
Listed
Mission BC avg
Mission avg

32551 Fraser Crescent has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 420.8% above comparable active properties in Mission BC. The local market is currently a Balanced Market with a sales-to-active ratio of 12.5% — conditions are balanced. With only 263 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V2V 6N3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2V 6N3, 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 (BC ENV 2024). Nearest station: Abbotsford Central, Abbotsford (~10.4 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

Shopping (34 nearby)

  • Mama bear's duds n suds laundromat · 233 m · Laundry
  • Sunny nails · 237 m · Beauty Shop
  • Victoria beauty salon · 251 m · Beauty Shop

Restaurants (26 nearby)

  • Embers bbq house · 181 m · Restaurant
  • Panago · 229 m · Fast Food
  • Veerji fish 'n' grill · 233 m · Fast Food

Transit (25 nearby)

  • Bus stop lougheed hwy at haig (wb) · 290 m · Transit
  • Bus stop cedar valley connector 7260 block (sb) · 315 m · Transit
  • Bus stop lougheed at haig (eb) · 320 m · Transit

Groceries (10 nearby)

  • Food mart · 242 m · Convenience
  • Amj meat shop · 271 m · Butcher
  • Needs · 311 m · Convenience

Healthcare (7 nearby)

  • Rexall · 292 m · Healthcare
  • Shoppers drug mart · 380 m · Healthcare
  • Freshco pharmacy · 417 m · Healthcare

Cafes (2 nearby)

  • The loco blue cafe · 243 m · Cafe
  • Starbucks · 700 m · Cafe

Parks & Recreation (1 nearby)

  • Cedar valley park · 414 m · Park

Schools NearBy

13 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Fraserview Learning Centre

Public

Grades Served

8-12

Catchment Info

3.9 / 10

Distance

523 m

Christine Morrison Elementary School

Public

Grades Served

K-6

Catchment Info

3.8 / 10

Distance

1.00 KM

Mission Senior Secondary

Public

Grades Served

Catchment Info

5.6 / 10

Distance

1.17 KM

West Heights Elementary School

Public

Grades Served

K-6

Catchment Info

2.6 / 10

Distance

1.22 KM

Mission Central Elementary School

Public

Grades Served

K-6

Catchment Info

4.9 / 10

Distance

1.33 KM

Valley Christian Online School

Independent

Grades Served

Catchment Info

7.1 / 10

Distance

1.33 KM

Cherry Hill Elementary School

Public

Grades Served

K-6

Catchment Info

3.1 / 10

Distance

1.82 KM

Albert McMahon Elementary

Public

Grades Served

Catchment Info

3.9 / 10

Distance

2.13 KM

Windebank Elementary School

Public

Grades Served

K-6

Catchment Info

2.5 / 10

Distance

2.30 KM

des Deux-Rives

Public

Grades Served

Catchment Info

5.1 / 10

Distance

2.36 KM

Ecole Heritage Park Middle School

Public

Grades Served

Catchment Info

4.8 / 10

Distance

2.45 KM

Edwin S Richards Elementary School

Public

Grades Served

K-6

Catchment Info

5.9 / 10

Distance

2.80 KM

Hillside Traditional Academy

Public

Grades Served

K-6

Catchment Info

5.7 / 10

Distance

2.81 KM

Walkability & Transit Near 32551 Fraser Crescent

Walk Score Badge
Car-Dependent 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 32551 Fraser Crescent

/month
Principal & Interest
Property Taxes $2,796
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $25,521/month in total housing costs on this $5,950,000 property — $22,725 mortgage payment, $2,796 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $13,057/month estimated rent and $25,892/month in total housing costs, this property has a -$12,835/month cashflow. Break-even down payment: approximately 66%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 32551 Fraser Crescent, Mission

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

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.

Price vs Neighbourhood Average — Mission BC, Mission

Beds Home Types Square Feet Lot Size Year Built
This Home $5,950,000
Mission Loading...
Mission BC Loading...

Based on 34 comparable active properties in Mission BC, the average asking price is $1,142,559. This listing is priced 420.8% above the neighbourhood average. This property is flagged as a Hot Deal (24.2% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 32551 Fraser Crescent

Walk Score Badge
Car-Dependent 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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