40.41% cheaper than comparables

5331 188 St, Surrey, BC

$1,549,000
Est. Mortgage /mo

MLS# R3056828

0 sqft
$1,549,000
Est. /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

Property Details & Specs

40.41% cheaper than comparables

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!

General Info

Price $1,549,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 12539
Lot Size Depth Metres
Lot Size Frontage 19.8
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R3056828
Building Name -
Area Cloverdale
Neighbourhood Cloverdale BC
City Surrey
Postal Code V3S 8E5
Price per Sqft -
Gross Taxes $5,594.85
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

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

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property Timeline

Status Date Price
R3056828 / Active 10-08-2025 $1,549,000
Listed by: Planet Group Realty Inc. & 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.

Neighborhood & Transit Info

Public Schools

Secondary
Clayton Heights Secondary School
3.42 km
Elementary
Sunrise Ridge Elementary School
1.43 km

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

Private Schools

Elementary
Diamond Elementary School
Above Average
0.67 km
10/10
Secondary
Relevant High School
0.67 km

Closest Transit

Bus Stop
Eastbound Hwy 10 @ 188 St
0.64 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
2.40 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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $466
Maintenance fee 0
Financing 80% of the $1,549,000 asking price over 30 years at 4% results in approximately $6,382/month in total estimated carrying costs, $466 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $4,148/month in rental income, leaving a -$2,395/month cashflow at current carrying costs. Investors targeting break-even would need roughly 53% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $1,549,000
Surrey Loading...
Cloverdale BC Loading...
4 comparable Lands are currently active in Cloverdale BC, with a median asking price of $1,290,000. This property is listed 20.1% above the local average and 8.4% above the Surrey average. This property is flagged as a Hot Deal (40.41% cheaper than comparables) 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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 5331 188 Street, Surrey, BC?
The closest top-rated schools are Clayton Heights Secondary School and Sunrise Ridge Elementary School.
Is 5331 188 Street, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 5331 188 Street, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $9,294.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $9,932
0 of 17 missions

Sign up on Estateblock.com

$497 / 5%

Buy with us & save on this property

Similar Lands for Sale in Cloverdale BC

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent