Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · Maple Ridge

12323 222 Street

Maple Ridge, BC V2X4C7

$8,900,000

43 days on market

Bedrooms
0
Bathrooms
0
Type
Multi-family
MLS®
C8081473

About this home

An exceptional development opportunity in the heart of Maple Ridge. This 1.344-acre development site offers a highly advanced, permit-ready project with a Development Permit already issued for 106 residential units plus a daycare facility. With the project positioned to proceed directly into the Building Permit stage, a significant portion of the entitlement and planning process has already been completed, allowing a purchaser to substantially reduce development timelines and entitlement risk. Ideally suited for a seasoned developer, builder, or investor looking for a near-term development opportunity in one of the Fraser Valley's growing urban centers. The property is centrally located in Downtown Maple Ridge, providing convenient access to transit, shopping, restaurants, schools, parks, services, and major transportation routes. A rare opportunity to acquire a shovel-ready multifamily development site with density secured and a clear path toward construction.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$39,407
Strata fee$0
Property taxannual ÷ 12$0
Est. monthly total$39,407
Down payment + BC property transfer taxbefore any first-time buyer exemption$2,143,000

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Listing courtesy of Sutton Premier 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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