15142 Fraser Hwy, Surrey BC - Land for Sale - MLS# R3136243

$45,501,600
Est. Mortgage $201,298/mo
0 sqft
$45,501,600
Est. $201,298/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 15142 Fraser Highway

Approx. 75,836 SqFt development site in Surrey Beer Creek Green Timber area, large vacant land. Potential for 5 FAR mixed-use high-rise development in the heart of Surrey, directly facing the future 152 Street SkyTrain Station. Walking distance to Fleetwood Village plaza and Evergreen Mall. Under Fleetwood NCP and 200m tier of 152nd Skytrain Station. Land assembly with neighbour properties 29,782 SqFt for total 105,618 SqFt. A rare opportunity for developers seeking such huge development site to build own community in a rapidly growing and highly accessible location. Don’t hesitate, call now.

Exterior Features

Structures Land Only

Building Details

Price $45,501,600
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 1.741
Lot Size Depth Feet
MLS® # R3136243
Area Surrey
Neighbourhood Bear Creek Green Timbers
City Surrey
Postal Code V3R 3P1
Gross Taxes $151,551.49
Zoning R3

Property Timeline

Status Date Price
R3136243 / Active 06-15-2026 $45,501,600

Listed by: RE/MAX City Realty & RE/MAX City Realty

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

Public Schools

Elementary
Green Timbers Elementary School
1.46 km
Secondary
Enver Creek Secondary School
1.7 km

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

Private Schools

Elementary
Cornerstone Montessori School
1.47 km
Secondary
Holy Cross Regional High School
2.13 km

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 152 St
0.05 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
0.15 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
17.8%
No Certificate/Degree
Above Average
21.6%
Owner Occupied
Average
68%
Employment Rate
Above Average
73.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BEAR CREEK GREEN TIMBERS compares
This property
24 DOM
Listed
Bear Creek Green Timbers avg
Surrey avg

15142 Fraser Highway has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3R 3P1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3R 3P1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~7.2 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

Surrey currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 15142 Fraser Highway

Walkability & Transit Near 15142 Fraser Highway

Walk Score Badge
Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 15142 Fraser Highway

2026 assessed value, sourced from City of Surrey open data (PID 007-092-385).
Total Assessed Value (2026)
$20,482,000
2026 Value Trend
Land
$20,482,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $20,482,000 $0 $20,482,000

Mortgage Calculator for 15142 Fraser Highway

/month
Principal & Interest
Property Taxes $12,629
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $186,414/month in total housing costs on this $45,501,600 property — $173,785 mortgage payment, $12,629 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%
Cap Rate
Cash on Cash
Based on $89,046/month estimated rent and $188,689/month in total housing costs, this property has a -$99,643/month cashflow. Break-even down payment: approximately 66%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Bear Creek Green Timbers, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $45,501,600
Surrey Loading...
Bear Creek Green Timbers Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar properties average $17,567,199 across 3 active listings — this listing is 159% above the Surrey average.

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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Walkability & Transit Near 15142 Fraser Highway

Walk Score Badge
Car-Dependent 80

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 60

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
65

Bike Score - Bikeable

Some bike infrastructure

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