22213 122nd Ave, Maple Ridge, BC V2X 3X8
- $1,998,000
- 4
- BD
- 2
- BA
- 2,072
- SqFt
- List Price
- $1,998,000
- Status
- ACTIVE
- MLS® #
- R3150811
- Year Built
- 1946
- Subtype
- Single Family Residence
- Stories
- 2
- Bedrooms
- 4
- Total baths
- 2
- Living Area
- 2,072
- Area
- Maple Ridge
- Community
- West Central
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.
/u.realgeeks.media/squamishlivingnow/SquamishLivingNowLogotransp.png){kind=spacer}
Additional Information
- Lot Size
- 8,952
- Levels
- Two
- Acres
- 0.21
- Fireplaces
- 1
- Region
- Maple Ridge
- Title To Land
- Freehold NonStrata
Mortgage Calculator
Listing courtesy of
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.