
MLS® Number
C8078916
Listed by:
Investave Properties Ltd.
About This Property
Rare multifamily redevelopment opportunity in the heart of Maple Ridge Town Centre. Situated on a large 18,203 sqft corner lot with approximately 167 ft of frontage and rear lane access, 11867 222 Street offers exceptional long-term redevelopment potential within the Town Centre Flexible Mixed-Use OCP designation. The existing 21-unit apartment building provides stable holding income. The site's corner configuration, strong frontage, existing multifamily use, and rear lane access create an increasingly rare and highly functional redevelopment opportunity for multifamily or mixed-use developers. Centrally located close to transit, shopping, schools, parks, and Downtown Maple Ridge amenities. A unique opportunity to acquire a strategic income-producing redevelopment asset within one of Metro Vancouver's evolving urban growth corridors. (id:65271)
Systems & Interior
Structure & Parking
- Zoning Detail
- RM-2
- Year Built
- 1964
Full Listing Specifications
- MLS® Number
- C8078916
- Property Type
- Multi-family
- Bedrooms
- 0
- Bathrooms
- 0
- Lot Size
- 18,208 sqft
- Annual Taxes
- $31,515
- City
- Maple Ridge
- Postal Code
- V2X5V4
Route planning from Maple Ridge
Planning estimates only. Open any route for current directions and traffic; bridge conditions and transit times change throughout the day.
Neighbourhood Insight
Location
Open in Google MapsListed at
$4,890,000
MLS® C8078916
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$978,000
Estimated Monthly
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"At 4.84%, focus on the 25yr term to maximize early equity growth."
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