11820 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
1957
Property Type
House
Ownership
Freehold
Parking Spaces
2
Annual Tax
$5,528
Tax Year
2025
Parcel Number
011-349-107
Data Source
Greater Vancouver REALTORS®
Bedrooms
3
Bathrooms
1
Living Area
1592 square feet
Appliances
Lot Size
7000.0 sqft
Frontage
63.9 feet
Heating
Forced air
$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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