24340-24360 102 AVENUE, Maple Ridge
$2,800,000
This 17,424 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.
Prime 5-Lot Development Opportunity in Albion -2 houses 2 titles = 5 residential lots with PLR letter in hand and servicing estimates available. Located in a Medium Density Residential area per the Albion Area Plan, these lots are ideal for single detached homes. Zoned RS-3 with a PLR to rezone to R-3 Urban Residential, allowing for 5 single-family lots. Secure two investment homes or begin building ASAP- All the heavy lifting is done. Secure these prime lots and capitalize on a growing area with strong development potential.
How this price compares
This lot asks $161 per square foot of lot. That is 55% above the median of $103 across the 169 active lots VanPlex is showing in Maple Ridge, and puts it 154 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
- $2,800,000
- Lot size
- 17,424 sqft
- Lot dimensions
- 158 x 110.278
- Frontage
- 158 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1960
- MLS® area
- Albion
- MLS® number
- R3120352
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Listing data via MLS®. Displayed for information only.