Property Type: Land / LotOwnership: Freehold

18781 18 AVENUE

Surrey, BC V3S9V2

$2,980,000

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Property Details

Property & Lot

Lot size
205,407 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$570.52 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3084477
Listed
January 29, 2026
Time on market
On the market for 214 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Colonial Pacific Realty · Data source: CREA DDF.

Description

An exceptional opportunity to acquire a prime piece of South Surrey real estate with strong long-term potential ideally for industrial business park, located near major transportation corridors including Highway 99, Highway 10, and the U.S. border, this flat and fully usable acreage offers outstanding flexibility for investors, owner-builders, or landholders seeking future upside. The surrounding area is rapidly evolving, with nearby services and strong indicators of future industrial. This property is currently suited for Kennels, truck operators, Farm alcohol production facility, Agri-tourism, private airport, Bed and breakfast with the added option to purchase two adjacent parcels, 18669 18 Ave (R3084474) & 18721 18 Ave (R3084476) creating a combined land assembly of up to 14.13 acres. (id:63159)

Location Insights

Weather

Nearest station: Langley

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

14°

Tuesday

21°

Tuesday night

16°

Wednesday

19°

Wednesday night

14°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

568,322

(2021 Census)

+9.7% since 2016

Density: 1,797.9/km²

Dwellings: 195,098

Median household income: $98,000

After-tax: $87,000

Immigrant population: 44.6%

Top countries of origin (% of total population)

  • India16.9% · 95,905
  • Philippines5.2% · 29,510
  • China4.2% · 23,850
  • United Kingdom1.5% · 8,320
  • Korea, South1.2% · 6,995
  • Viet Nam1.1% · 6,425
  • Pakistan1% · 5,710
  • Taiwan1% · 5,540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
East Kensington ElementaryElementary2.1 km
Pacific Heights ElementaryElementary3.7 km
Grandview Heights SecondaryElementary3.8 km
St Catherines School(Independent)Elementary4.0 km
Glenwood ElementaryElementary4.2 km
Edgewood ElementaryElementary4.4 km
Douglas ElementaryElementary4.4 km
Noel Booth ElementaryElementary4.5 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.

Nearby Places

Parks (1)

  • 128A - Greenbelt717 m

Nearby places data: © OpenStreetMap contributors.

School district: Surrey (SD36)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($596,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,384,000.00
Periodic payment — Principal & Interest (monthly)$15,380.76
Additional monthly expenses (strata, tax, utilities, etc.)$47.54
Total monthly cost$15,428.30
Interest paid over 5-yr term$683,261.25
Balance at end of term$2,144,415.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$596,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,332.13

Cash Needed at Closing

Minimum down payment$596,000
Estimated BC PTT$67,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$664,900

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.

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