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

$6,950,000
Est. Mortgage $30,747/mo
0 sqft
11.5% price reduction
$6,950,000
$7,850,000
Est. $30,747/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

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Property Details for 32551 Fraser Crescent

11.5% 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.

Exterior Features

Structures Land Only

Building Details

Price $6,950,000
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 $6,950,000

Listed by: Homelife Advantage Realty (Central Valley) 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 School
Average
3.29 km
6.9/10
Elementary, Secondary
Valley Christian School
Average
3.29 km
6.9/10

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 32551 Fraser Crescent

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 $29,340/month in total housing costs on this $6,950,000 property — $26,544 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%
Based on $15,324/month estimated rent and $29,753/month in total housing costs, this property has a -$14,429/month cashflow. Break-even down payment: approximately 64%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Mission BC, Mission

Beds Home Types Square Feet Lot Size Year Built
This Home $6,950,000
Mission Loading...
Mission BC Loading...

Based on 32 comparable active properties in Mission BC, the average asking price is $1,889,154. This listing is priced 267.9% above the neighbourhood average. This property is flagged as a Hot Deal (11.5% 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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