Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Maple Ridge

20920 Camwood Avenue

Maple Ridge, BC V2X2P1

$2,925,000

5 days on market

Bedrooms
3
Bathrooms
2
Floor area
2,917 sq ft
Type
House
Year built
1949
Parking
4
Taxes
$8,302.20 (2026)
MLS®
R3171431

About this home

DEVELOPMENT OPPORTUNITY IN THE LOUGHEED CORRIDOR! This prime development property offers approximately 22,704 sq. ft. of land in a strategic location along the Lougheed Corridor. POTENTIAL FOR RUR URBAN INFILL RESIDENTIAL. The property offers a range of potential redevelopment options including duplex, triplex, fourplex, courtyard and townhouse development, with opportunities for up to 6 units per 4,844 sq. ft. lot, depending on the development form, site layout and applicable City requirements. The existing home is livable and in great shape, providing the opportunity for rental income while you plan and work through your future development. The large lot provides plenty of flexibility for builders, investors and developers looking for a substantial infill site in an established Maple Ridge neighbourhood.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$12,951
Strata fee$0
Property taxannual ÷ 12$692
Est. monthly total$13,643
Down payment + BC property transfer taxbefore any first-time buyer exemption$650,750

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Listing courtesy of Stonehaus Realty Corp. View on REALTOR.ca

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