11619 ADAIR STREET, Maple Ridge
$999,000
This 9,155 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 is a great opportunity for builders & investors to invest in this incredible property located just steps away from Telosky park and Thomas Haney Secondary School, The house is located on a large 9155 sqft lot with Development Permit in place to build a triplex For builders & developers, all architectural, landscape, & civil drawings have been prepared and submitted to the city. These 2 beds, 1 bath rancher with a detached double-car garage. Currently leased for $2700/month. The neighbouring properties are also ready to develop. This is a great time to start your building project while the construction costs are still low
How this price compares
This lot asks $109 per square foot of lot. That is 3% above the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 94 of 174 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
- $999,000
- Lot size
- 9,155 sqft
- Lot dimensions
- 69 x 133
- Frontage
- 69 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1959
- MLS® area
- East Central
- MLS® number
- R3123065
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Listing data via MLS®. Displayed for information only.