11822 OWEN STREET, Maple Ridge
$1,499,000
This 16,085 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.
PERMIT-APPROVED SIX-PLEX DEVELOPMENT OPPORTUNITY — An exceptional shovel-ready project for builders, developers, and investors seeking a streamlined development opportunity. This fully approved six-plex, designed by Billard Architecture, is situated on a 16,085 sq. ft. rectangular lot at the gateway to the Hammond community, with convenient access to Lougheed Highway. With all municipal approvals and permits already in place, construction can begin immediately, eliminating approval delays and development risk. The approved design features two standalone residential buildings connected by a central courtyard complete with a shared community kitchen. The thoughtfully planned site also includes 12 rear parking spaces (two per unit), maximizing functionality, privacy & overall site efficiency.
How this price compares
This lot asks $93 per square foot of lot. That is 12% below the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 74 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
- $1,499,000
- Lot size
- 16,085 sqft
- Lot dimensions
- 92 x
- Frontage
- 92 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1953
- MLS® area
- Southwest Maple Ridge
- MLS® number
- R3136523
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Listing data via MLS®. Displayed for information only.