22213 122 Avenue, Maple Ridge, British Columbia V2X3X8

Listing courtesy of Vanak Realty.

$1,998,000
4
BD
2
BA
2,072
SqFt

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List Price
$1,998,000
MLS®
R3150811
Days on Market
79
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Living Area
2,072
Lot Size Dimensions
8952
Lot Size
8,952

Property Description

Exceptional two-lot development assembly opportunity in Maple Ridge Town Centre. 22213 122 Ave & 12230 222 St are offered together only for a total asking price of $3,996,000. A feasibility study supports a proposed 6-storey, approximately 52-unit multifamily apartment development with an estimated 32,290 sq. ft. buildable area (2.0 FSR), subject to City approval. Potential development options include market rental, strata, or mixed tenure. Existing holding income of approximately $9,250/month ($111,000/year) provides cash flow during the rezoning and entitlement process. Proposed rezoning from RS-1 to RM-2. Full marketing package available upon request. (id:5764)

Additional Information

Ownership
Freehold
Parking Spaces
1
Fireplaces
1
Country
Canada
Heating
Forced air
Architectural Style
2 Level
Lot Size
8,952

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