11822 OWEN STREET, Maple Ridge
$1,399,000
This 16,085 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.
READY-TO-BUILD SIX-PLEX — This permit-ready six-plex development represents a rare turnkey opportunity for builders, developers, and investors. Designed by Billard Architecture, the project occupies a 16,085 sq. ft. rectangular lot located at the entry to the Hammond neighbourhood, just off Lougheed Highway. All municipal permits have been secured, allowing construction to commence without delay or entitlement uncertainty. The approved plans include two separate residential buildings connected by a shared courtyard featuring a community kitchen. The site layout also provides 12 rear parking stalls (two per unit), thoughtfully positioned to maximize privacy and site efficiency.
How this price compares
This lot asks $87 per square foot of lot. That is 15% below the median of $103 across the 158 active lots VanPlex is showing in Maple Ridge, and puts it 61 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
- $1,399,000
- Lot size
- 16,085 sqft
- Lot dimensions
- 92 x 175
- Frontage
- 92 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1953
- MLS® area
- Southwest Maple Ridge
- MLS® number
- R3176415
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Listing data via MLS®. Displayed for information only.