11240 206TH STREET, Maple Ridge
$799,000
This 5,520 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.
GREAT VALUE & RARE H2 ZONING. PRICED BELOW LAND VALUE! FREEHOLD DETACHED WITH HUGE POTENTIAL UNDER 800K! Over 5500 Sqft corner lot with great exposures. Rare versatile 3-bedroom home on a commercial lot in Maple Ridge. Live, work, or hold for future development. H2 zoning allows many C-3 uses, including retail, restaurants, pet grooming and daycare, light industrial, financial/professional or personal services, and apartment, so the house can be used for residential or commercial purposes. The home is well maintained and is not heritage-designated. A portable building on site is available for purchase separately, so you can run your business here and stop paying commercial rent. Open Parking spaces for customers. BOOK TO VIEW TODAY!
How this price compares
This lot asks $145 per square foot of lot. That is 41% above the median of $103 across the 158 active lots VanPlex is showing in Maple Ridge, and puts it 136 of 158 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
- $799,000
- Lot size
- 5,520 sqft
- Lot dimensions
- 45.8 x 119
- Frontage
- 45.8 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1930
- MLS® area
- Southwest Maple Ridge
- MLS® number
- R3177440
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Listing data via MLS®. Displayed for information only.