18229 PARSONS DRIVE
Delta, BC V4N5A9
$1,248,888
Property Details
Property & Lot
- Lot size
- 10,011 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,312.02 (2025)
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- R3113978
- Listed
- April 21, 2026
- Time on market
- On the market for 132 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.
Description
Rare opportunity to secure a premium 10, 000+ sqft building lot on a quiet, tucked-away street in the highly sought-after Fraser Heights community. This expansive parcel offers the ideal canvas to build a luxury custom home or capitalize on its strong development potential. Key Opportunity: Preliminary potential for a duplex with two secondary suites (4 total units) a highly attractive option for builders and investors looking to maximize value (buyer to verify with City of Surrey). Plans have already been prepared and submitted for a stunning 5,000+ sqft custom residence spanning three levels, giving buyers a head start on development. Located just minutes to Highway 1, 15, and 17 offering seamless access across the Lower Mainland. Build, invest, or hold. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Delta average
$1,234/sqft
1 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Richmond
17°C
Clear
Humidity 100%
Wind WNW 13 km/h
Tonight
14°
Tuesday
21°
Tuesday night
16°
Wednesday
19°
Wednesday night
14°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
108,455
(2021 Census)
+6.1% since 2016
Density: 603.7/km²
Dwellings: 39,736
Median household income: $108,000
After-tax: $95,000
Immigrant population: 33.1%
Top countries of origin (% of total population)
- India11.4% · 12,375
- China3.5% · 3,820
- United Kingdom2.7% · 2,955
- Philippines2.5% · 2,680
- Hong Kong1% · 1,100
- Taiwan1% · 1,095
- United States of America0.9% · 950
- Pakistan0.7% · 775
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Bothwell Elementary School | Elementary | 2.3 km |
| Port Kells Elementary | Elementary | 2.7 km |
| Pacific Academy(Independent) | K-12 | 2.9 km |
| Gobind Sarvar School(Independent) | K-12 | 3.4 km |
| Fraser Wood Elementary | Elementary | 4.0 km |
| Coast Meridian Elementary | Elementary | 4.2 km |
| Serpentine Heights Elementary | Elementary | 4.3 km |
| Pitt Meadows Secondary | Secondary | 4.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: Surrey (SD36)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 8.0% ($99,889) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.