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. Key Highlights: Two-l
Listing Information
- Prop. Type:
- Single Family Residence
- Status:
- Active
- City:
- Maple Ridge
- Bedrooms:
- 4
- Full Bathrooms:
- 3
- Neighborhood:
- West Central
- Area:
- Maple Ridge
- Province:
- British Columbia
- MLS® Number:
- R3150802
- Listing Price:
- $1,998,000
- Taxes:
- $6,289
General Information
- Year Built:
- 1980
- Lot Size (sqft):
- 7222.0 ft2
- Total Square Feet:
- 2796ft2
The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Boards. Real estate listings held by participating real estate firms are marked with the MLS logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board neither of which assume any responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver and/or the Fraser Valley Real Estate Board.