11867 222 STREET
Maple Ridge, British Columbia
MLS® C8078916
$4,890,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C8078916
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1964
Listing description
Rare multifamily redevelopment opportunity in the heart of Maple Ridge Town Centre. Situated on a large 18,203 sqft corner lot with approximately 167 ft of frontage and rear lane access, 11867 222 Street offers exceptional long-term redevelopment potential within the Town Centre Flexible Mixed-Use OCP designation. The existing 21-unit apartment building provides stable holding income.
The site's corner configuration, strong frontage, existing multifamily use, and rear lane access create an increasingly rare and highly functional redevelopment opportunity for multifamily or mixed-use developers. Centrally located close to transit, shopping, schools, parks, and Downtown Maple Ridge amenities. A unique opportunity to acquire a strategic income-producing redevelopment asset within one of Metro Vancouver's evolving urban growth corridors.
Property summary
- MLS® number
- C8078916
- Property type
- Multi-family
- Land size
- 18208 square feet
- Built in
- 1964
- Annual property taxes
- $31,515.25
- Days on market
- 101 days
What would this home cost you?
Based on the $4,890,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Investave Properties Ltd., Richmond.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.