31390 Olson Ave, Mission BC - Land for Sale - MLS# R3091393

$1,750,000
Est. Mortgage $7,742/mo
0 sqft
12.5% price reduction
$1,750,000
$1,999,999
Est. $7,742/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 31390 Olson Avenue

12.5% price reduction

Exceptional investment opportunity within Silverdale’s Central Neighbourhood—Mission’s transformative master-planned community projected at approximately 17,000 new homes and 40,000 residents at full build-out, effectively reshaping the city’s future growth. Under the approved land use framework, this property is designated for a balanced mix of townhomes, single-family residential, and open space—supporting both marketability and long-term value. This site also benefits from some of the most compelling panoramic views in Mission. The property was selectively cleared and partially fenced and gated in 2019, positioning it for near-term holding and future development upside—an opportunity to secure a strategic land position and benefit from the continued build-out of Silverdale.

Exterior Features

Structures Land Only

Building Details

Price $1,750,000
Property Type Land
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 Metres
Lot Size Frontage 426.5
MLS® # R3091393
Area Mission
Neighbourhood Mission-West
City Mission
Postal Code V4S 1E8
Gross Taxes $9,930.66
Zoning RU16

Property Timeline

Status Date Price
R3091393 / Active 02-18-2026 $1,750,000

Listed by:

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
Average
2.92 km
6.9/10
Elementary, Secondary
Valley Christian School
Average
2.92 km
6.9/10

Closest Transit

Bus Stop
Holiday at Wren (WB)
2.12 km
Skytrain
West Coast Express @ Mission City Station
4.81 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 31390 Olson Avenue

Mortgage Calculator for 31390 Olson Avenue

/month
Principal & Interest
Property Taxes $828
Maintenance fee 0
A 20% down payment of $350,000 on this $1,750,000 listing yields an estimated mortgage of $6,684/month (30-year fixed, 4%). Total estimated housing cost: $7,512/month, $828 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%
With $4,777/month in estimated rental income against $7,694/month in mortgage payments, the monthly cashflow is -$2,917/month. A 55% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Mission-West, Mission

Beds Home Types Square Feet Lot Size Year Built
This Home $1,750,000
Mission Loading...
Mission-West Loading...

Based on 7 comparable active properties in Mission-West, the average asking price is $1,916,000. This listing is priced 8.7% below the neighbourhood average. This property is flagged as a Hot Deal (12.5% 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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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