23549 LOUGHEED HIGHWAY, Maple Ridge

$13,999,000

This 209,959 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.

LOCATION and OPPORTUNITY! Amazing Investment Potential. Almost 5 flat acres on Lougheed Highway with huge frontage. Invest for the future. This property includes Harvie's Building Supplies Hardware Store (with owner quarters above), profitable Landscaping Supply Business, 2 Large Tenanted Rental Shops, farm helper quarters. Opportunities for possible business development currently zoned residential. Backs on the Albion parkland. Your opportunity awaits. Open up your own winery, equestrian facility or a variety of home based businesses with PRIME HIGH TRAFFIC HIGHWAY FRONTAGE. Can be sold together with 23519 Lougheed to double property size!

How this price compares

This lot asks $67 per square foot of lot. That is 35% below the median of $103 across the 158 active lots VanPlex is showing in Maple Ridge, and puts it 52 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
$13,999,000
Lot size
209,959 sqft
Lot dimensions
322 x 675
Frontage
322 ft
Bedrooms
2
Bathrooms
1
Year built
1958
MLS® area
Albion
MLS® number
R3175464

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Listing data via MLS®. Displayed for information only.