17911 Fraser Highway

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$8,720,000

17911 Fraser Highway

Surrey · MLS® R3172611

2,946,572 sq ft lot · Land · Vacant Land · 19 days on market

listed by Bryan van Hoepen, Real Broker BC Ltd

realtor's description

Excellent opportunity to acquire approximately 67 acres in a highly visible Fraser Highway location in Cloverdale. This substantial A1-zoned parcel offers excellent road access, southwest exposure and convenient connections throughout Surrey and Langley. The property is also well positioned near the new Surrey-Langley SkyTrain extension currently under construction along Fraser Highway, with service anticipated to begin in late 2029. The property is serviced by a drilled well, with electricity available and natural gas, telephone and cable services nearby. A rare opportunity to secure a large Fraser Highway holding in a rapidly evolving area with strong long-term potential, subject to applicable zoning and approvals.

property details

type: Land, Vacant Land
lot: 2,946,572 sq ft
parking: 0
property tax: $19,978 / yr
days on market: 19
MLS®: R3172611

the market here

listed now: 119 days; median for 174 homes for sale; this one 19 days

Homes in Surrey. Sale prices register 1 to 3 months after a sale closes.

property tax by year

year	assessed	est. tax
2026	$7,373,000	$25,270

The listing shows $19,978 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$39,657/mo

Mortgage $37,992 · Tax $1,665

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$37,992/ monthly

loan $6,976,000

25-year amortization

down payment20% · $1,744,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $4,421,661
property transfer tax: $354,000; BC general rate
cash to close: $2,098,000; down + PTT
total paid: $11,397,661

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

lot outline: 274,193 m² (2,951,386 sq ft) · PID 001-124-528. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

schools

Catchment schools, Surrey School District 36

Elementary Regent Road Elementaryhomes in this catchment
1.6 km away · 18711 74 Ave, Surrey · 604-595-6488
Secondary Salish Secondaryhomes in this catchment
1000 m away · 7278 184 St, Surrey · 604-235-9836

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

development nearby

Rezoning for a 6 storey, 713 unit building
330 m away · 2023 · concluded
Rezoning from Acreage Residential Zone (RA) to Comprehensive Development Zone (CD); Subdivision from four (4) lots into two (2) lots; Official Community Plan (OCP) Amendment from Urban to Multiple Residential; Neighbourhood Concept Plan (NCP) Amendment from Townhouse Residential (22 + 5 upa) to Low Rise Residential; General Development Permit to allow the development of seven 6-storey apartment bu

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Surrey development applications.

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