24200 116 AVENUE, Maple Ridge

$1,260,000

This 106,286.4 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.

ATTN: INVESTORS & ACREAGE LOVERS! Enjoy peaceful country living on 2.44 cleared, level acres of fertile land, ideal for farming and outdoor enjoyment. Quiet no-through street, yet conveniently close to shopping at 240 St & Dewdney Trunk Rd. Charming 3-bedroom cottage with new flooring and fresh paint. Updates include furnace in 2011; septic system redone in 2016; roof replaced in 2018; hot water tank 2018; vinyl siding 2019. City water. Fertile land has not been treated with chemical pesticides. House zoning RS-3, land is in the ALR. A rare opportunity to enjoy peaceful acreage living while staying conveniently close to everything you need.

How this price compares

This lot asks $12 per square foot of lot. That is 89% below the median of $104 across the 163 active lots VanPlex is showing in Maple Ridge, and puts it 21 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
$1,260,000
Lot size
106,286.4 sqft
Lot dimensions
79 x 1343
Frontage
79 ft
Bedrooms
3
Bathrooms
1
Year built
1948
MLS® area
Cottonwood MR
MLS® number
R3160688

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Listing data via MLS®. Displayed for information only.