22477 121 AVENUE, Maple Ridge
$1,600,000
This 6,560 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.
Exceptional investment opportunity! Updated home on a fully fenced 6,560 sq.ft. flat lot backing onto green space. Upgrades include new windows, updated electrical, sprinkler system, fresh paint, HWT, newer appliances, gas ranges, and added soundproofing. Walkout basement offers a LEGAL 2-bedroom suite with its own laundry plus an additional 2-bedroom in-law suite with separate laundry and new quartz kitchen. Main floor features 3 spacious bedrooms with potential for a 4th. Ample parking via driveway, street, and back lane. Prime location close to shopping, transit, and schools including St. Patrick’s, Eric Langton Elementary, and Maple Ridge Secondary. $4500 rent from downstairs suites.
How this price compares
This lot asks $244 per square foot of lot. That is 131% above the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 167 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
- $1,600,000
- Lot size
- 6,560 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- 1975
- MLS® area
- East Central
- MLS® number
- R3089769
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Listing data via MLS®. Displayed for information only.