11980 GLENHURST STREET, Maple Ridge
$1,275,000
This 11,625 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.
Attention investors! MASSIVE almost 12,000 sqft lot! This property is ideally located just minutes from Downtown Maple Ridge and offers exciting future potential. There may be an opportunity to rezone for an additional lot or possibly a duplex development (buyer to verify). In the meantime, you can choose to live in the home or generate rental income while exploring your options. The house is well-maintained and, with some updates, could become a very comfortable residence. Don’t miss out, this is a fantastic opportunity for the right buyer.
How this price compares
This lot asks $110 per square foot of lot. That is 4% above the median of $105 across the 173 active lots VanPlex is showing in Maple Ridge, and puts it 95 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
- $1,275,000
- Lot size
- 11,625 sqft
- Lot dimensions
- 42.37 x
- Frontage
- 42.37 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1971
- MLS® area
- Cottonwood MR
- MLS® number
- R3153447
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Listing data via MLS®. Displayed for information only.