12954 MILL STREET, Maple Ridge
$2,500,000
This 98,445.6 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.
Private 2.6 acre in fill development opportunity designated for medium density lots. Application currently submitted to the city for 5 single family building lots and 1 duplex lot. Property is on city water and sewer. Property is currently tenanted on a month to month basis for $3500.00. COURT ORDERED SALE - DO NOT ENTER THE PROPERTY WITHOUT A CONFIRMED APPT - SOLD AS IS WHERE IS. Perfect opportunity to invest in the Silver Valley area.
How this price compares
This lot asks $25 per square foot of lot. That is 76% below the median of $104 across the 163 active lots VanPlex is showing in Maple Ridge, and puts it 38 of 163 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
- 98,445.6 sqft
- Lot dimensions
- 310.8 x 317.4
- Frontage
- 310.8 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1954
- MLS® area
- Silver Valley
- MLS® number
- R3160478
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Listing data via MLS®. Displayed for information only.