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$ 1,998,000
Est. payment | /mo
4 Beds
2 Baths
2,072 SqFt
$ 1,998,000
Est. payment | /mo
4 Beds
2 Baths
2,072 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2072
Square Footage 2,072 sqft
Price per Sqft $964
MLS® Listing ID R3150811
Style 2 Level
Bedrooms 4
Year Built 1946
Lot Size 8,952 Sqft
Acres 8952.0
Property Sub-Type Freehold
Property Description
Exceptional two-lot development assembly opportunity in Maple Ridge Town Centre. 22213 122 Ave & 12230 222 St are offered together only for a total asking price of $3,996,000. A feasibility study supports a proposed 6-storey, approximately 52-unit multifamily apartment development with an estimated 32,290 sq. ft. buildable area (2.0 FSR), subject to City approval. Potential development options include market rental, strata, or mixed tenure. Existing holding income of approximately $9,250/month ($111,000/year) provides cash flow during the rezoning and entitlement process. Proposed rezoning from RS-1 to RM-2. Full marketing package available upon request. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Forced air
Fireplaces Number 1
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 1
Garage No
Private Pool No
Building
Architectural Style 2 Level
Others
Ownership Freehold
Listed by Vanak Realty
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