$1,995,000
33181 DEWDNEY TRUNK ROAD
Beds
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Baths
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Sqft
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Year
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Type
Vacant Land
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mission. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Nearly 5-acre holding property priced for today's market - not future development values. Offered at approximately $740,000 per acre, which is comparable to the cost of a single lot in Mission. The property is designated Urban Residential, allowing for future subdivision into single-family lots, duplexes, or small multi-family (fourplex) development, subject to municipal approvals. There is approximately 3.4 acres of usable land, with the potential to achieve 7-8 lots per acre once developable. This is an ideal long-term investment for a patient buyer looking to secure land at the right price during a softer market cycle. Well-located along a key corridor in a growing area, this property presents a rare opportunity to buy, hold, and benefit from long-term appreciation and future development potential. (id:65958)
- Subtype
- Vacant Land
- Lot size
- 199,069.2 square feet
- Lot dimensions
- 199069.2
- On market
- Jan 15, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $7,942.12 (2025)
- Photos
- 3
- MLS#
- C8075150
- Area
- MISSION
Cash on cash
-6.31%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,184
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.