Home Surrey, BC Cloverdale BC 5331 188 Street

5331 188 St, Surrey BC – Land for Sale – MLS® R3156961

5331 188 Street, Surrey, British Columbia V3S 8E5

68 days on the market

$1,199,000

Est. Mortgage $5,304/mo

Listing updated: Aug 19, 2026 at 03:02pm

EstateBlock checked: Oct 20, 2026 at 11:20pm

0 sqft

22.3% cheaper than comps

Photo

An incredible opportunity to build on this spacious 12,539 sq. ft. lot located on a quiet street in Cloverdale. Perfectly situated near schools, major routes, shopping, and recreational facilities, this property offers the ideal blend of convenience and tranquility. Whether you’re looking to build your dream home or create side-by-side residences for family (such as a duplex for siblings), this lot provides endless potential. Check with the City of Surrey for building possibilities and zoning options. A prime location and a rare find — don’t miss this chance to make it yours!

Exterior Features

Exterior Features	Private Yard
Structures	Land Only

Building Details

Price	$1,199,000
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	12539
Lot Size Depth	Feet
Lot Size Frontage	19.8
MLS^® #	R3156961
Area	Cloverdale
Neighbourhood	Cloverdale BC
City	Surrey
Postal Code	V3S 8E5
Gross Taxes	0
Zoning	R2

Property Timeline

Status	Date	Price
R3156961 / Active	08-14-2026	$1,199,000
to view full Property History (2 earlier records)

Listed by: Planet Group Realty Inc.

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
Sunrise Ridge Elementary School: Average 1.39 km 5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Diamond School: Above Average 0.62 km 8/10
Elementary, Secondary
Bibleway Christian Academy: Above Average 1.46 km 7.8/10

Closest Transit

Bus Stop
Eastbound Hwy 10 @ 188 St: 0.6 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029): 2.36 km

Crime Rate

Total Crime Rate: Average
Violent Crime Rate: Below Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Below Average 19.3%
No Certificate/Degree: Above Average 18%
Owner Occupied: Average 62.9%
Employment Rate: Average 58.7%

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

67 / 100

Overall sell-speed score

Likely within weeks

A+

Price competition grade

Avg comparable: $1,466,377

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Market conditions

Market conditions unavailable

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.36 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How CLOVERDALE BC compares

This property

68 DOM

Listed

Cloverdale BC avg

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Surrey avg

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5331 188 Street has a sell-speed score of 67/100, placing it in the "Expected to sell within weeks" band. The listing is priced 22.3% below comparable active properties in Cloverdale BC, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Climate Risk for V3S 8E5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 8E5, 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. Nearest station: Surrey East, Surrey (~3.9 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

Shopping (2 nearby)

Rhino workwear · 452 m · Clothes
Malone auto spa · 653 m · Car Wash

Transit (1 nearby)

Bus stop westbound hwy 10 @ 192 st · 973 m · Transit

Schools NearBy

19 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Diamond School	Independent	Grades Served —	Catchment Info —	8.0 / 10	Distance 619 m
Martha Currie Elementary School	Public	Grades Served K-7	Catchment Info —	5.2 / 10	Distance 1.23 KM
Hazelgrove Elementary	Public	Grades Served —	Catchment Info —	5.7 / 10	Distance 1.36 KM
Sunrise Ridge Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.0 / 10	Distance 1.39 KM
Bibleway Christian Academy	Independent	Grades Served K-4, 6-12	Catchment Info —	8.2 / 10	Distance 1.46 KM
Latimer Road Elementary School	Public	Grades Served K-7	Catchment Info —	3.2 / 10	Distance 1.67 KM
Cloverdale Traditional	Public	Grades Served —	Catchment Info —	5.3 / 10	Distance 2.01 KM
Focus Alternate	Public	Grades Served —	Catchment Info —	1.7 / 10	Distance 2.09 KM
Don Christian Elementary School	Public	Grades Served K-7	Catchment Info —	5.3 / 10	Distance 2.10 KM
Lord Tweedsmuir Secondary School	Public	Grades Served 8-12	Catchment Info —	6.2 / 10	Distance 2.43 KM
Hillcrest Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.53 KM
Cloverdale Learning Centre	Public	Grades Served 10-12	Catchment Info —	3.8 / 10	Distance 2.56 KM
Nicomekl Elementary School	Public	Grades Served K-5	Catchment Info —	4.7 / 10	Distance 2.57 KM
Alice Brown Elementary	Public	Grades Served —	Catchment Info —	4.9 / 10	Distance 2.61 KM
Crescent Heights Academy	Independent	Grades Served —	Catchment Info —	9.1 / 10	Distance 2.76 KM
SD 36 Alternate Cloverdale LC	Public	Grades Served —	Catchment Info —	3.8 / 10	Distance 2.77 KM
Cloverdale Catholic School	Independent	Grades Served K-7	Catchment Info —	8.3 / 10	Distance 2.86 KM
Simonds Elementary School	Public	Grades Served K-5	Catchment Info —	3.2 / 10	Distance 2.97 KM
H D Stafford Middle	Public	Grades Served —	Catchment Info —	2.5 / 10	Distance 2.99 KM

Walkability & Transit Near 5331 188 Street

Car-Dependent 39

Walk Score - Car-Dependent

Most errands require a car

Some Transit 28

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 24

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5331 188 Street

2026 assessed value, sourced from City of Surrey open data (PID 031-678-670).

Total Assessed Value (2026)

$1,531,000

2026 Value Trend

Land

$1,531,000

Buildings

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,531,000	$0	$1,531,000	—

Mortgage Calculator for 5331 188 Street

/month

Principal & Interest

Property Taxes $0

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($239,800), the estimated monthly payment for this listing is $4,579/month — $4,579 principal & interest.

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

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $3,519/month, this property runs a $1,213/month shortfall after mortgage and carrying costs. Break-even requires approximately 42% down.

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

Estateblock Rent Estimate for 5331 188 Street, Surrey

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.