20367 KENT STREET, Maple Ridge
$799,000
This 7,200 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.
Fully renovated and move-in ready, this beautiful property offers the perfect combination of comfortable family living and outstanding long-term investment potential. Featuring a functional layout, specious parking, and a beautiful backyard, it is ideal for families looking for a quiet and convenient neighborhood. At the same time, under current housing regulations, the property may offer future redevelopment potential for 3-4 residential units or townhouse-style development (buyer to verify with the city). With strong holding value, rental readiness, and potential land assembly opportunities with neighboring properties, this is an exceptional opportunity for both end users and investors alike.
How this price compares
This lot asks $111 per square foot of lot. That is 5% above the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 98 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
- $799,000
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1963
- MLS® area
- Southwest Maple Ridge
- MLS® number
- R3123786
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Listing data via MLS®. Displayed for information only.