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10941 249 STREET, Maple Ridge

$2,999,000

This 87,120 sqft property in Maple Ridge is a detached single-family home on a lot the new rules make suitable for a multiplex. Maple Ridge applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The large lot sizes make the higher counts easier to lay out.

This 2-acre parcel in Maple Ridge’s Albion neighbourhood offers exceptional development potential. Designated for townhomes, the site is adjacent to a future school and park, and just steps from Epic Homes’ master-planned community. Surrounded by extensive new development, the property offers a prime investment opportunity. Zoning is 100% RS-3, with OCP designations including some Conservation, Ground-Oriented Multi-Family, and Eco-Cluster Residential. A rare chance to secure a strategic piece of land in a rapidly growing area. Call listing agent for more information.

How this price compares

This lot asks $34 per square foot of lot. That is 67% below the median of $105 across the 173 active lots VanPlex is showing in Maple Ridge, and puts it 50 of 173 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$2,999,000
Lot size
87,120 sqft
Lot dimensions
287 x
Frontage
287 ft
Bedrooms
3
Bathrooms
1
Year built
1974
MLS® area
Thornhill MR
MLS® number
R3054189

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Listing data via MLS®. Displayed for information only.