23311 118 AVENUE, Maple Ridge
$1,699,900
This 32,234.4 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 Opportunity – Investor Alert! Prime development potential! This 32,234.4 sq. ft. lot (as per BC Assessment) is perfect for builders and investors. Located in an excellent area for future projects, this property offers ample space for development. Showings by scheduled appointments only—do not access the property without prior approval. Contact us today for more details!
How this price compares
This lot asks $53 per square foot of lot. That is 50% below the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 54 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
- $1,699,900
- Lot size
- 32,234.4 sqft
- Lot dimensions
- 115 x 275
- Frontage
- 115 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- Cottonwood MR
- MLS® number
- R3089816
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Listing data via MLS®. Displayed for information only.