31390 OLSON AVENUE
Mission, BC V4S1E8
$1,799,000
Property Details
Property & Lot
- Lot size
- 530,125 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $10,799.37 (2026)
Interior
- Fireplace
- None
Exterior & Lot
- View
- View
Listing Information
- MLS®
- R3155370
- Listed
- August 13, 2026
- Time on market
- On the market for 18 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.
Description
Rare opportunity to acquire 12.17 acres in Silverdale's Central Neighbourhood, one of Mission's most important future growth areas. The broader Silverdale community is planned for approximately 17,000 residential units and 40,000 residents at full build-out. The approved land use plan identifies a mix of townhome, single-family residential and open space uses across the property. With approximately 426.5 feet of frontage, panoramic views, selective clearing, partial fencing and gated access, this substantial holding offers an exceptional opportunity to secure a well-positioned development site ahead of continued growth and infrastructure expansion in Silverdale. Buyer to verify development potential, servicing and approvals with the City of Mission. (id:63159)
Location Insights
Weather
Nearest station: Abbotsford
14°C
Clear
Humidity 87%
Wind S calm km/h
Tonight
13°
Tuesday
21°
Tuesday night
13°
Wednesday
20°
Wednesday night
11°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
41,519
(2021 Census)
+7.7% since 2016
Density: 182.9/km²
Dwellings: 14,701
Median household income: $98,000
After-tax: $87,000
Immigrant population: 16.9%
Top countries of origin (% of total population)
- India5.2% · 2,160
- United Kingdom2.3% · 975
- United States of America0.8% · 330
- Philippines0.8% · 330
- Germany0.6% · 265
- Netherlands0.4% · 175
- Viet Nam0.4% · 160
- China0.3% · 145
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
| School | Type | Distance |
|---|---|---|
| West Heights Elementary | Elementary | 2.5 km |
| Cherry Hill Elementary | Elementary | 2.6 km |
| Valley Christian School(Independent) | Elementary | 2.8 km |
| Christine Morrison Elementary | Elementary | 3.0 km |
| Albert McMahon Elementary | Elementary | 3.0 km |
| Fraserview Learning Centre | Secondary | 3.2 km |
| Silverdale Elementary | Elementary | 3.3 km |
| Mission Senior Secondary | Secondary | 3.8 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)
- Unnamed659 m
Nearby places data: © OpenStreetMap contributors.
School district: Mission (SD75)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($359,800) — 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.