Fraser Court

22514 116 Avenue, Maple Ridge, BC
Built 1989
Lowrise
No listings

About Fraser Court

Fraser Court is a wood frame lowrise residential building located in the East Central neighbourhood of Maple Ridge, built in 1989 and registered under strata plan NWS2997. This adult-oriented retirement community offers a range of amenities including a clubhouse, exercise centre, and recreation facilities. The building features professional management and caretaker services, with comprehensive utilities including gas, hot water, water, and sewer. Additional services include grounds maintenance, snow removal, and trash collection to support resident convenience and comfort.

Amenities

Adult Oriented
Clubhouse
Exercise Centre
Recreation Facilities
Shopping Nearby

School Catchment

Investor Insights — Condos in East Central

Estimated rental yields based on MLS data for condos in East Central.

Type Beds Avg Rent Avg Sale Strata Net Yield
Condo 1 $1,747/mo $268,283 $319/mo 4.9%
Condo 2 $2,589/mo $493,052 $429/mo 4.4%
Condo 3 $2,862/mo $455,875 $463/mo 5.2%

Net yield accounts for strata fees, property tax, and insurance. View full analysis

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Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$412,000Median home value
$57,600Median household income
61.2%Owner-occupied
6.5%Single-detached homes
1.8Avg household size
52Median age
18.3%Bachelor's degree or higher (25-64)
52.7%Commute under 30 min
76.7%Drive to work
27.7%Foreign-born residents
5,587Neighbourhood population

Age

Under 15: 9%15 to 64: 60.2%65 and over: 30.8%
  • Under 159%
  • 15 to 6460.2%
  • 65 and over30.8%

Household size

  • 1 person50.4%
  • 232.9%
  • 38.8%
  • 45.2%
  • 5 or more2.7%

Language spoken at home

75.2% English mother tongue

  • English + other3.2%
  • Tagalog2.3%
  • Spanish1.6%
  • French1.5%
  • Korean1.3%
  • Farsi1.1%
  • All others13.8%

Mother tongue, share of 5,425 residents.

How this pocket differs

  • notably fewer children under 15 than East Central 9% vs 14.3%
  • more seniors 65+ than East Central 30.8% vs 20.6%
  • notably fewer 5+ person households than East Central 2.7% vs 7.5%
  • notably fewer 4-person households than East Central 5.2% vs 12.3%
  • notably more people living alone than East Central 50.5% vs 32.5%
  • Median household income is notably lower than Metro Vancouver $57,600 vs $90,000
  • Median dwelling value is notably lower than Metro Vancouver $412,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

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