$6,500,000
18493 Fraser Hwy, Surrey BC – Land for Sale – MLS® R3072459
18493 Fraser Highway, Surrey, British Columbia V3S 8E7
320 days on the market
$4,785,000
Est. Mortgage $21,169/mo
Listing updated:
EstateBlock checked:
0
sqft
26.4% price reduction
Photo
Property Details for 18493 Fraser Highway
26.4% price reduction
Court-ordered sale. Sold as is where is. A transit-oriented condo development site in the Clayton Corridor, steps from Fraser Hwy. It’s only 250m from the future SkyTrain station (184 St/Fraser Hwy), with the Surrey–Langley line anticipated to be in service by late 2029. There is an active development application for a 6 storey, 111 condo units. Property is designated as Mid Rise Residential (2.5 FAR) as per the latest Clayton Corridor Plan. Potential for higher density as per the recent Provincial Legislation that states any property that is located between 201-400M of a Sky Train stop will be permitted for 4.0 FAR, up to 12 storeys. Drive by the site.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 | $4,785,000 |
|---|---|
| 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 | 40510.8 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 149.3438 |
| MLS® # | R3072459 |
| Area | Cloverdale |
| Neighbourhood | Clayton |
| City | Surrey |
| Postal Code | V3S 8E7 |
| Gross Taxes | $20,872.89 |
| Zoning | RA |
Property Timeline
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
Public Schools
- Elementary
- Clayton Elementary School
- Average 1.29 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary, Secondary
- Bibleway Christian Academy
- Above Average 1.85 km
- Elementary, Secondary
- Bibleway Christian Academy
- Above Average 1.85 km
Closest Transit
- Bus Stop
- Eastbound Fraser Hwy @ 184 St
- 0.11 km
- Skytrain
- Skytrain @ Hillcrest/ 184 st Station ( Under Construction till 2029)
- 0.20 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average 22.7%
- No Certificate/Degree
- Below Average 11.8%
- Owner Occupied
- Above Average 87.5%
- Employment Rate
- Above Average 70.1%
Noise/ Power Lines
- Road/Hwy Noise
- Possible
- Railway/Sky train Noise
- Possible
- 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
36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,459,425
—
Market conditions
Market conditions unavailable
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CLAYTON compares
This property
320 DOM
Clayton avg
—
Surrey avg
—
18493 Fraser Highway has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 69.5% above comparable active properties in Clayton. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Climate Risk for V3S 8E7
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 8E7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Flood
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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.
Air Quality
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Surrey East, Surrey (~1.2 km). Annual avg AQHI 1.8 — Low Risk.
Heat
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.
Precipitation
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.
Drought
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.
Nearby Restaurants, Cafes & Shops
Restaurants (5 nearby)
- Mary brown's · 420 m · Fast Food
- Village sushi · 528 m · Restaurant
- Memphis blues barbeque house · 556 m · Restaurant
Shopping (4 nearby)
- Shoppers drug mart · 476 m · Pharmacy
- Hillcrest village · 483 m · Post Office
- Coast capital savings · 614 m · Bank
Cafes (2 nearby)
- Tim hortons · 518 m · Cafe
- Starbucks · 625 m · Cafe
Transit (2 nearby)
- Skytrain @ hillcrest/ 184 st station ( under construction till 2029) station · 199 m · Transit
- Bus stop westbound 72 ave @ 188 st · 923 m · Transit
Groceries (1 nearby)
- Save-on-foods · 624 m · Supermarket
Healthcare (1 nearby)
- Shoppers drug mart · 476 m · Healthcare
Schools NearBy
20 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Clayton Heights Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance509 m
|
|
Adams Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance594 m
|
|
Hillcrest Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance784 m
|
|
Katzie Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.21 KM
|
|
Don Christian Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.28 KM
|
|
Clayton Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance1.29 KM
|
|
Lord Tweedsmuir Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.79 KM
|
|
Bibleway Christian Academy |
Independent |
Grades ServedK-4, 6-12
|
Catchment Info—
|
Distance1.85 KM
|
|
Sunrise Ridge Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.91 KM
|
|
Crescent Heights Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.25 KM
|
|
Latimer Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.33 KM
|
|
Hazelgrove Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.35 KM
|
|
Martha Currie Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.42 KM
|
|
SD 36 Alternate Cloverdale LC |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.58 KM
|
|
Diamond School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.73 KM
|
|
George Greenaway Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.79 KM
|
|
Cloverdale Catholic School |
Independent |
Grades ServedK-7
|
Catchment Info—
|
Distance2.84 KM
|
|
Langley Meadows Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.85 KM
|
|
Cloverdale Traditional |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.89 KM
|
|
Cloverdale Learning Centre |
Public |
Grades Served10-12
|
Catchment Info—
|
Distance3.00 KM
|
Walkability & Transit Near 18493 Fraser Highway
Car-Dependent
77
Walk Score - Very Walkable
Most errands can be accomplished on foot
Some Transit
48
Transit Score - Some Transit
A few nearby public transportation options
Somewhat
Bikeable 75
Bikeable 75
Bike Score - Very Bikeable
Biking is convenient for most trips
BC Assessment Value — 18493 Fraser Highway
2026 assessed value, sourced from City of Surrey open data (PID 009-670-068).
$4,635,000
2026
Value Trend
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $4,635,000 | $0 | $4,635,000 | — |
Mortgage Calculator for 18493 Fraser Highway
/month
Principal & Interest
Property Taxes
$1,739
Maintenance fee
0
With a 20% down payment, buyers can expect an estimated $20,014/month in total housing costs on this $4,785,000 property — $18,275 mortgage payment, $1,739 property tax.
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
Based on $10,768/month estimated rent and $20,333/month in total housing costs, this property has a -$9,565/month cashflow. Break-even down payment: approximately 62%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Estateblock Rent Estimate for 18493 Fraser Highway, Surrey
Buy Vs Rent Calculator
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/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
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Principal paid off by year 5
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Principal paid off by year 10
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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.
Price vs Neighbourhood Average — Clayton, Surrey
This Home
$4,785,000
Surrey
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Clayton
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Based on 2 comparable active properties in Clayton, the average asking price is $2,823,333. This listing is priced 69.5% above the neighbourhood average. This property is flagged as a Hot Deal (26.4% 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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