22702 123 AVENUE, Maple Ridge
$899,900
This 8,584 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.
ATTN: Builders & Investors! Prime 8584 SqFt, FLAT, CORNER LOT just a few blocks from downtown Maple Ridge. The current home is well maintained with great tenants, ideal for a long-term holding property. It features laminate flooring throughout, a gas fireplace, 3 bedrooms, as well as a large rec room that can be used as a 4th bedroom. The lot provides plenty of space family enjoyment, as well as ample room for RV parking. Property falls in the Town-Centre Official Community Plan, allowing for "Ground-Oriented Residential" multiplex redevelopment on a single lot, or a townhouse site with land assembly. Just blocks from Abernethy Way and quick access to the Golden Ears Bridge, a block from Fletcher Park, and walking distance to all levels of schools. // OPEN HOUSE: Sat, Aug 15, 1-3pm
How this price compares
This lot asks $105 per square foot of lot. That is about the same as the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 86 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
- $899,900
- Lot size
- 8,584 sqft
- Lot dimensions
- 74 x 116
- Frontage
- 74 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1972
- MLS® area
- East Central
- MLS® number
- R3148235
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Listing data via MLS®. Displayed for information only.