11276 272 STREET, Maple Ridge
$2,500,000
This 217,800 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.
5-acre investment property in Whonnock. Renovated 2-level home with 3 bedrooms + den and 2 bathrooms. Includes 3 large shops with 600-amp, 3-phase power, upgraded water filtration, full fencing, 32-camera security system, extensive lighting, and an electrical gated entrances. Additional detached 2-bed, 2-bath mobile home. Shops include washroom and container with timer. Large electrical capacity suitable for licensed agricultural/grow production uses subject regulatory approval. High Potential Cap Rate. Property is not in the ALR. Buyer to verify future subdivision potential with the City.
How this price compares
This lot asks $11 per square foot of lot. That is 89% below the median of $103 across the 169 active lots VanPlex is showing in Maple Ridge, and puts it 20 of 169 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
- $2,500,000
- Lot size
- 217,800 sqft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1970
- MLS® area
- Whonnock
- MLS® number
- R3103300
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Listing data via MLS®. Displayed for information only.