20994 LOUGHEED HIGHWAY, Maple Ridge
$2,298,000
This 15,960 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.
DEVELOPMENT/INVESTMENT ALERT! ! !! THIS 15,960 SQUARE FOOT FLAT, HIGH PROFILE LOT IS SITUATED IN AN AREA PRIME FOR DEVELOPMENT. Inquire for more details. Close to shopping, schools, parks, transit and potential future rapid transit projects. House can be lived in as is or rented out while holding during development process.
How this price compares
This lot asks $144 per square foot of lot. That is 36% above the median of $105 across the 173 active lots VanPlex is showing in Maple Ridge, and puts it 142 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
- $2,298,000
- Lot size
- 15,960 sqft
- Lot dimensions
- 75 x 231
- Frontage
- 75 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1948
- MLS® area
- Southwest Maple Ridge
- MLS® number
- R3077758
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.