18493 Fraser Hwy, Surrey BC - Land for Sale - MLS# R3072459

275 days on the market
$4,785,000
Est. Mortgage $21,169/mo
Listing updated:
EstateBlock checked:
0 sqft
26.4% price reduction
275 days on the market
$4,785,000
$6,500,000
Est. $21,169/mo with 20% down
Listing updated:
EstateBlock checked:

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

Status Date Price
R3072459 / Active 12-05-2025 $4,785,000

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

Public Schools

Elementary
Clayton Elementary School
Average 1.29 km 5.4/10

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 7.8/10
Elementary, Secondary
Bibleway Christian Academy
Above Average 1.85 km 7.8/10

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: $1,100,550
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
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
275 DOM
Listed
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 77% 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 Lower Risk

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

Fire Low

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 A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~1.2 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

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 Increasing

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 Stable

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

5.8 / 10

Distance

509 m

Adams Road Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

594 m

Hillcrest Elementary School

Public

Grades Served

K-7

Catchment Info

6.3 / 10

Distance

784 m

Katzie Elementary School

Public

Grades Served

K-7

Catchment Info

5.8 / 10

Distance

1.21 KM

Don Christian Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

1.28 KM

Clayton Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.4 / 10

Distance

1.29 KM

Lord Tweedsmuir Secondary School

Public

Grades Served

8-12

Catchment Info

6.2 / 10

Distance

1.79 KM

Bibleway Christian Academy

Independent

Grades Served

K-4, 6-12

Catchment Info

8.2 / 10

Distance

1.85 KM

Sunrise Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

1.91 KM

Crescent Heights Academy

Independent

Grades Served

Catchment Info

9.1 / 10

Distance

2.25 KM

Latimer Road Elementary School

Public

Grades Served

K-7

Catchment Info

3.2 / 10

Distance

2.33 KM

Hazelgrove Elementary

Public

Grades Served

Catchment Info

5.7 / 10

Distance

2.35 KM

Martha Currie Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

2.42 KM

SD 36 Alternate Cloverdale LC

Public

Grades Served

Catchment Info

3.8 / 10

Distance

2.58 KM

Diamond School

Independent

Grades Served

Catchment Info

8.0 / 10

Distance

2.73 KM

George Greenaway Elementary School

Public

Grades Served

K-7

Catchment Info

4.6 / 10

Distance

2.79 KM

Cloverdale Catholic School

Independent

Grades Served

K-7

Catchment Info

8.3 / 10

Distance

2.84 KM

Langley Meadows Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.85 KM

Cloverdale Traditional

Public

Grades Served

Catchment Info

5.3 / 10

Distance

2.89 KM

Cloverdale Learning Centre

Public

Grades Served

10-12

Catchment Info

3.8 / 10

Distance

3.00 KM

Walkability & Transit Near 18493 Fraser Highway

Walk Score Badge
Car-Dependent 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 48

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
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).
Total Assessed Value (2026)
$4,635,000
2026 Value Trend
Land
$4,635,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
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.
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 $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

/ 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 — Clayton, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $4,785,000
Surrey Loading...
Clayton Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $2,704,022 across 11 active listings — this listing is 77% above the Surrey 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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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 18493 Fraser Highway

Walk Score Badge
Car-Dependent 77

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 48

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
75

Bike Score - Very Bikeable

Biking is convenient for most trips

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