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21310 124 AVENUE, Maple Ridge

MLS® #R3102112
About this Property

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)

Property Information

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®

Interior Details

Bedrooms

4

Bathrooms

2

Living Area

1743 square feet

Architectural Style

Bungalow

Exterior & Lot

Lot Size

13812.0 sqft

Frontage

116.4 feet

Building & Utilities

Heating

Forced air, Natural gas

$1,450,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
2Baths
1743sqft
Listing Courtesy of

Office

Team 3000 Realty Ltd.

Mortgage Calculator
$290,000

Loan Amount:

$1,160,000

Estimated Monthly Payment:

$5,653

This is an estimate for informational purposes only. Consult with a financial advisor.