Beta The For Sale listings and property detail pages are new and still being refined. Some details may be incomplete or change.

12471 223 STREET, Maple Ridge

$1,249,000

This 12,176 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.

Ready to go! All engineering, hydro, and tele plans have been completed and approved. Value is in the land. This is one of the final opportunities to build new in the sought after Davison Subdivision. Under the Small-Scale Multi-Unit Housing (SSMUH) guidelines, each lot qualifies for up to four dwelling units, offering excellent flexibility for builders or investors. Steps to Alouette Elementry, Maple Ridge Secondary, Golden Ears Bridge, and shopping.

How this price compares

This lot asks $103 per square foot of lot. That is 3% below the median of $105 across the 173 active lots VanPlex is showing in Maple Ridge, and puts it 82 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
$1,249,000
Lot size
12,176 sqft
Lot dimensions
76 x 160
Frontage
76 ft
Bedrooms
4
Bathrooms
2
Year built
1966
MLS® area
West Central
MLS® number
R3101765

Want the PlexScore and return on equity for this lot? Get PlexPro.

Listing data via MLS®. Displayed for information only.