11810 207 STREET, Maple Ridge
Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers. (id:62865)
Status
Active
Year Built
1946
Property Type
Vacant Land
Annual Tax
$5,334
Tax Year
2024
Data Source
Greater Vancouver REALTORS®
Lot Size
5334.0 sqft
Lot Features
Sewer
Storm sewer
Utilities
$1,280,000
Office
Royal Pacific Realty (Kingsway) Ltd.
Loan Amount:
$1,024,000
Estimated Monthly Payment:
$4,990
This is an estimate for informational purposes only. Consult with a financial advisor.
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