$5,950,000

32551 FRASER CRESCENT

Mission · MLS® R3094268

162,479 sq ft lot

Land · Vacant Land · 210 days on market

Listed by Joe Varing, Homelife Advantage Realty Ltd.

Realtor's description

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.The property is sold on an As Is where is Basis and the Buyer, Buyer's agent to verify all relevant details.

Property details

Type: Land, Vacant Land
Lot: 162,479 sq ft
Parking: 0
Property tax: $33,549 / yr
Days on market: 210
MLS®: R3094268

Property insights

On market 210 days

The market here

Listed now: 126 days; median for 102 homes for sale; this one 210 days

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

Monthly cost

$28,719/mo

Mortgage $25,924 · Tax $2,796

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

estimated payment

$25,924/ monthly

loan $4,760,000

25-year amortization

down payment20% · $1,190,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $3,017,074
property transfer tax: $215,500; BC general rate
cash to close: $1,405,500; down + PTT
total paid: $7,777,074

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 14,203 m² (152,880 sq ft) · PID 018-825-885. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

MissionGoogle Maps ↗

Location

MissionGoogle Maps ↗

Schools

Catchment schools, Mission School District 75

Elementary Ecole Mission Central Elementaryhomes in this catchment
Middle Ecole Heritage Park Middlehomes in this catchment
2.5 km away · 33700 Prentis Ave, Mission · 604-820-4587
Secondary Mission Senior Secondaryhomes in this catchment
1.4 km away · 7466 Welton St, Mission · 604-826-1414

From the Mission School District 75'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.

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