Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Land · Maple Ridge

12230 222 Street

Maple Ridge, BC V2X5W7

$1,998,000

71 days on market

Bedrooms
0
Bathrooms
0
Type
Land
Taxes
$6,289.00 (2025)
MLS®
C8080982

About this home

Vanak International Properties is pleased to present an exclusive two-lot development assembly opportunity located at 22213 122 Avenue & 12230 222 Street, Maple Ridge. The properties are being offered together only as one combined development site with a total asking price of $3,996,000 A feasibility study has been prepared for a proposed 6-storey residential apartment development with approximately 52 units and 32,290 sq. ft. of buildable FSR area at 2.0 FSR, subject to City approvals. The concept allows developers to consider multiple exit strategies, including market rental, strata condominium, or mixed-tenure development. The site also benefits from existing holding income of approximately $9,250/month, providing income during the planning and entitlement process.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$8,847
Strata fee$0
Property taxannual ÷ 12$524
Est. monthly total$9,371
Down payment + BC property transfer taxbefore any first-time buyer exemption$437,560

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Listing courtesy of Vanak Realty. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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