21310 124 AVENUE, Maple Ridge
BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot - build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees. Excellent investment and development opportunity! (id:62865)
Status
Active
Year Built
1950
Property Type
House
Ownership
Freehold
Annual Tax
$5,981
Tax Year
2024
Parcel Number
009-265-201
Data Source
Greater Vancouver REALTORS®
Bedrooms
4
Bathrooms
2
Living Area
1743 square feet
Architectural Style
Bungalow
Lot Size
13812.0 sqft
Frontage
116.4 feet
Heating
Forced air, Natural gas
$1,450,000
Office
Team 3000 Realty Ltd.
Loan Amount:
$1,160,000
Estimated Monthly Payment:
$5,653
This is an estimate for informational purposes only. Consult with a financial advisor.
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